INNOVATIVE CHEMISTRY FOR ALL NEX>T GENERATIONSENVIRONMENTAL,
SOCIAL AND GOVERNANCEREPORT 2023

IntroOur Sustainability Approach 13

Our Operational Approach 44

Environmental, Social and Governance

Sustainability Philosophy & Strategy

14

Our Operational Philosophy and Strategy

45

All in on ESG

15“Serious About Safety”

46

allnex 5 Pillars of Sustainability

16

Digital Transformation

47

Sustainable Portfolio Management

17

Sustainable Energy Use

48

Our Mid- and Long-Term Goals

18

Our Renewable Energy Procurement Strategy

49

Double Materiality Matrix

19

Materiality Deep Dive

20

Sustainability Milestones of 2022

23

Sustainability Communication

24

Innovative Product Portfolio

26

Our People

50

Thriving Together

51

Report 2023

3

Great Things Achieved, More Work Ahead –Message from allnex CEO

4

Using Our Synergies to Foster Successand Sustainability – Message from GC CEO

5allnex at a glance6

Growing Stronger – Our New Growth Strategy

7

All For Diversity and Inclusion

52

Thinking Ahead – Our New Purpose and Mission

8

D&I Roadmap and Gender Challenge

53

What We Stand For – Our Core Values

9

Women in Manufacturing

54

Our Journey

10

ESG Performances in 2022 31

Women in Leadership

56

Achievements in CO2 Reduction

32

Encouraging Stories From Female Leaders

57

There For You Where You
Need Us – Our Global Footprint

11

Saving Energy

33

Disability Awareness

58

Sales, Staff & Segments – Key Numbers 2022

12

Improvements in Water Management

34

Engaging Employees Globally59

Waste Management

35

Our Learning and Training Programs

60

Supply Chain and Procurement Policy

36

Primavera Day – Celebrating Earth63

Ethics and Compliance

37

Planting Trees with Our Steps

64

Environmental & Community Engagement

38

Recipes for Health & Happiness

65

Activities in the Americas

39

Activities in EMEA

41

Activities in APAC

42

Appendix66

allnex ESG Report 2023
INTRO

About thisreportEnvironmental,
Social and Governance
Report 2023 –Transforming FOR ALL
NEX>T GENERATIONSThis is allnex’s third Environmental, Socialand Governance (ESG) Report, covering thefull year of 2022.
The report has been prepared in accordance with the GRI Standards.
As recommended by these guidelines, our report discloses
information on the topics that are most important to ourorganization and describes the actions being taken to ensure
we meet our sustainability ambitions.

For feedback and suggestions on our
ESG Report, please e-mail us at:
communications@allnex.com

It showcases the spirit of sustainability at allnex and presents our
ESG activities and performance throughout the indicated period.

Allnex Management GmbHThe Squaire 13, Am Flughafen
60549 Frankfurt am Main, Germany
www.allnex.com

3

allnex ESG Report 2023
INTRO

Still, considering we aim to reduce our CO2
It gives me great pleasure toemissions by a full 30% by 2030, we knowshare with you our Environmental, challenges remain.
Social and Governance (ESG)
As a company, we deeply believe that diversity
Report 2023.

and inclusion are essential for our success. We
recognize that women are underrepresented in
the manufacturing industry and we are committed
to helping change this.

Great Things Achieved,
More Work Ahead –Message from Miguel Mantas,
CEO of allnex

In 2022, we accomplished great things in the areaof sustainability, which remains our number one
strategic business driver. Where pursuing greener
solutions are concerned, we want to make sure
we remain the preferred partner of our customers We are working with different teams and improving our working environment to attract more
for many years to come.
women to our workforce globally, manufacturing
in particular. We aim to increase the proportion
Last year, we set ourselves the target of developof women in manufacturing to 16% by 2030,
ing our “be ECOWISE™” initiative and portfolio.
I am thrilled to announce we exceeded this target. and that of women in allnex’s leadership to 35%
within the same time frame.
For the first time, we also received an EcoVadis
Platinum rating, placing us in the top 1% of
globally assessed companies. This is an important
recognition of our company’s effort to reduce
environmental impact and promote social responsibility. In addition, it is a testament to the hard
work and dedication all our colleagues worldwide
have put into these vital topics.
Our challenge now is to build on these great
achievements and make them even greater.
The ambitious goals we have set ourselves for2030 will help to guide us on this path.
We have made significant progress in reducing ourcarbon footprint by investing in renewable energy
and implementing energy-efficient practices.

Given the ambition of our goals, we are very
pleased that our owner and strategic partner,
PTT GC, strongly supports us on our journey andhelps push our sustainability efforts to new levels.
Our teams across the globe are putting great
energy into making our processes and day-today work more sustainable. On their behalf, I am
extremely proud to present allnex’s ESG report
showcasing our latest efforts. In its pages, youwill find detailed information on the actions weare taking to ensure we meet our sustainability
ambitions – for the welfare and benefit of all nex>t
generations.

�―

MIGUEL MANTASCEO of allnex

4

It’s been a year since allnex became partof the GC family. As CEO and President of
GC, I am pleased to share major points ofthe progress of our joint work and fruitfulcooperation.
For GC and allnex, sustainability is conducting
our business with consideration to all threepillars – economy, society, and the environment –in all that we do. We believe that a balance canbe achieved if we remain focused and open to
new innovations and concepts.
GC and allnex joined forces on the decarbonization path. We are committed to operating inaccordance with the Decarbonization Roadmap,
resolving and mitigating the impacts of climatechange, and becoming a net zero company
by 2050 through three strategies with a clear,concrete, measurable, and verifiable plan.
Together, GC and allnex are moving towards
greater tangible synergies such as enhancing
the competitiveness of our business, sharing
Operational Excellence practices and knowledge,
creating new learning opportunities for our
employees, and accelerating the developmentof our products and technologies to meet
consumer needs based on megatrends.

5

To further enhance collaboration, GC andallnex have jointly established the Thailand
Innovation Hub in Rayong province. The hub’s
focus is on R&D and innovations. Leveraging
the strength of GC with a strong R&D Facility
and allnex’s strength in technology and accessto customers, will accelerate product andtechnology development processes, innovative
green technologies, and sustainable products
to enhance and further strengthen allnex’s
presence in the Southeast Asia market as well as
supporting us in the move towards becoming a
low carbon business while still being to maintainour profitability.
We are exploring new business opportunities
by utilizing the corporate venture capital (CVC)
engine to enter new businesses with advanced
technologies and innovations, which can beused to further strengthen and expand ourcurrent businesses.
Both teams actively exchange their bestpractices and knowledge, creating a growthoriented and innovative environment within thegroup. allnex shares its expertise in Ecowise™
management, emphasizing sustainable practices
and environmental stewardship. This knowledgetransfer enables the team to implement
more efficient and eco-friendly processes.

Similarly, GC contributes by sharing practices
in operational excellence and digitalization,
helping allnex streamline operations, improve
productivity, and embrace digital transformation.
Through collaboration and leveraging eachother's strengths, both allnex and GC teams
enhance their capabilities and elevate theoverall performance of the group.
GC as the long-term owner and strategic partner,
will provide our continuing support to allnex
in every aspect to achieve mutual sustainablegrowth that will enable us to contribute further
to this earth in a sustainable manner.

�―

DR. KONGKRAPAN INTARAJANG
CEO and President of GC

allnex ESG Report 2023
INTRO

Using Our Synergies to Foster
Success and Sustainability –Message from Dr. Kongkrapan Intarajang,
CEO and President of GCallnex ESG Report 2023
ALLNEX AT A GLANCE

allnex
at a Glance7

Growing Stronger While
Expanding Our Horizon

8

Thinking Ahead

9

What We Stand For

10

75 Years ofInnovation

11

There For You Where
You Need Us

12

Sales, Staff &Segmentsallnex ESG Report 2023
ALLNEX AT A GLANCE

Growing Stronger
While Expanding
Our Horizon –allnex’s New Growth
Strategy
In June 2022, allnex unveiled its new
growth strategy for the company
and presented the corresponding
changes in its organizational setup.
Named “Sustainability, GrowthMarkets and Optimization”, thestrategy was carefully developedwith one overarching goal in mind:
driving allnex forward.
The aim is to further strengthen our market position
in industrial coating resins in various regions, while also
propelling us to broaden our horizons and incubate
new growth platforms with a strong emphasis on
sustainability.
The new strategy will accelerate our growth in current
core markets and at the same time enable us to expand
our focus beyond industrial coating resins, incorporating
sustainable practices. It will either strengthen ourpresence in new markets or allow us to enter them forthe first time, all supported by a renewed ambition for
innovation and sustainability.
Our target markets for expansion, including additives,
adhesives, electronics and composites, will beapproached with a commitment to sustainability. Thismeans integrating environmentally friendly materials
and processes, reducing waste and emissions, andensuring the responsible sourcing of raw materials.
7

SUSTAINABILITYGROWTH MARKETSOPTIMIZATION

Strengthen our #1 position
in industrial coating resins while
actively leading the transition to greener
technologies within the industrial
coatings industry and beyond.

We target growth regions
and segments in mobility andtransportation, packaging
and consumer goods, andconstruction and infrastructure.

Strategic optimization and digitalizationof marketing channels, leveraging digital
innovation, optimizing operational
effectiveness and accelerating processes toimprove speed and overall efficiency.

FOR ALL NEX›T
GENERATIONSThinking Ahead –Our Company’s
Purpose and Mission
Our new growth strategy goesalong with remodeled statementsof our purpose and mission, as
well as with a new corporate lookthat expresses the forward-looking
spirit of these pledges.
The cheerful colors, authentic images and playfulgraphics are meant to inspire not just us but the wholechemical industry with a renewed sense of optimism,
diversity and youthful energy.

Our Purpose (and newcompany statement):

Our Mission:

The Thinking Behind our Mission:

INNOVATIVE CHEMISTRY
FOR ALL NEX>T GENERATIONSAt allnex, we see innovation as our mostpowerful instrument for improving thefuture. This is what motivates our teams anddrives our research for products that makea positive contribution to society – FOR ALL
NEX>T GENERATIONS.

The world will always need materials thathave excellent durability and maximum
capability to be reused, refurbished andrecycled. At allnex, we have been using our
expertise to enhance the performance ofdifferent materials since 1948.

Blending the name of our company withnatural language, this modernized pledge
aptly expresses our deep commitment
to leveraging innovation for a sustainable
future (with the added arrow symbol
showing the path forward).

8

For us, solving current challenges with
innovative solutions has always been a way
to also improve the future. The sustainable
principle that circular materials embody is at
the heart of our innovation strategy.

Combine this with a continuous focus on
reducing the ecological footprint through allstages of the value chain and you get to ourdefinition of innovative chemistry – FOR ALL
NEX>T GENERATIONS.

allnex ESG Report 2023
ALLNEX AT A GLANCEINNOVATIVE CHEMISTRYallnex ESG Report 2023
ALLNEX AT A GLANCE

What We Stand For –Our Core Values

9

SAFETYCOMPLIANCE

Protecting our employees, communities andenvironment from harm is the foundation of
all of our activities.

We comply with all relevant regulations inevery country where we operate, including
rules relating to safety, health and theenvironment.

DIVERSITYVALUE CREATION

We celebrate diversity and arecommitted to an environment where allcolleagues contribute – for the benefitof our employees, our products, and thecommunities we operate in.

We strive to provide quality products to ourcustomers and returns for our investors aswell as to give back to the communities inwhich we operate.

INTEGRITY

TEAM/COLLABORATIONWe set high value on being honest,transparent and respectful, adhering toa code of conduct which enables us tosuccessfully navigate challenging situations.

We see teaming and collaboration as themost important way of engaging with
upstream and downstream partners tocreate mutually beneficial solutions.

allnex ESG Report 2023
ALLNEX AT A GLANCE

1948
Founding of
VIANOVARESINS

1969
Acquisition
by HOECHST

2005

1999
Acquisition
by SOLUTIA

2011
Acquisition of
coating resins
business fromBAYER

Acquisition
by CYTEC
2005
Acquisition of
coating resins
business fromAKZO NOBEL

75 Years ofInnovation –Our Journey

10

2003
Solutia Resins
business acquired
by UCB

2007
Acquisition ofcomposites
business from
HUNTSMAN2013
Acquisition by
ADVENT
INTERNATIONAL
Begin of theoperations under
the name ALLNEX

2016
Business
combination
with NUPLEX

2022
Acquisition by
PTT GCR&D
Manufacturing Site
Technical Service
Sales
Global Business Services

Lillestrøm, NOR
Wageningen, NL
Bergen op Zoom, NL

Hamburg, GER
Bitterfeld, GER
Frankfurt/M., GER
Wiesbaden, GER

Riga, LVA
Shebekino, RUS
Graz, AUT
Werndorf, AUT
Seoul, KOR
Ulsan, KOR

Wallingford, CT
Kalamazoo, MI
Willow Island, WV
East St Louis, IL
Louisville, KY
North Augusta, SC
Alpharetta, GA
Langley, SC

Tokyo, JPN
Shimonoseki, JPN
Schoonarde, BEL
Drogenbos, BEL

Fengxian, CHN
Changshu, CHN
Suzhou, CHN
Shanghai, CHN
Jiaxing, CHN
Taipei, TWN
Guangzhou, CHN
Foshan, CHN

Romano d’ Ezzelino, IT

Guadalajara, MEX
Dubai, UAE
Mumbai, IND
Mahad, IND

Ponta Grossa, BR

Bien Hoa, VNM
Ho Chi Minh City, VNM

Bangkok, THA
Rayong, THA

Wacol, AU
Botany, AU
Glen Waverley, AU

Kuala Lumpur, MYS
Seremban, MYS
Melaka, MYS

Penrose, NZ
Wellington, NZ

Singapore, SGP
Jakarta, IDN
Surabaya, IDN

2022 Additions
to our footprint
include:Plant Austria

11

Plant India

A new state-of-the-art R&D
center in Werndorf, Austria,
mainly dedicated to developing
new low-VOC waterborne resins
and additives for the global
coatings market. The center
plays an important role in oursustainability strategy.

A newly acquired manufacturingsite in Maharashtra, India;
the first for allnex to own inthis country. Producing alkyds
and acrylics, the site is key tofostering closer collaboration withcustomers, suppliers and partners
in this region.

allnex ESG Report 2023
ALLNEX AT A GLANCE

There For You Where You Need Us –Our Global Footprint

Headquarters

Weighted View of
Our Portfolio

allnex ESG Report 2023
ALLNEX AT A GLANCE

Sales, Staff &Segments –Key Company
Numbers for 2022

2022 Sales
by Region*

Packaging Coatings& Inks

Decorative

Other

27%
37%

Automotive
Specialty Composites

Additives

Marine &Protective

36%

Electronics& Batteries

Industrial Wood

EMEA

Specialty Coatings

APAC
Americas*Business in LRA, RADCURE, POWDERS, CROSSLINKERS

Industrial Metal

12

Total revenue
in 2022:

Manufacturing
sites worldwide:

Total staff:

EUR 2.73 billion

34

4,092 (FTEs)

Tires &
Rubber

Flexible
Packaging &Adhesives

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

Our Sustainability
Approach14

Convincing Others of
Our Goals

15

All in on ESG

16

A Fivefold
Focus fora New
Tomorrow

17

The Future We
Strive For

18

Considering Both
Sides of Each Topic

19

Materiality Deep
Dive

23

A Platinum Award
and Many New Partners

24

Spreadingthe Word

26

Meet Our Innovative
Products

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

Convincing Othersof Our Goals –Our Sustainability
Philosophy and Strategy

Today, sustainability is at the top of everyone’s agenda. In recent years, allnex has
taken major steps to strengthen its strategy
towards green technologies. Building on
our strong roots and rich history, we arebringing sustainable resin solutions to themarket. This remains our number one
strategic priority.

“With sustainability in its
DNA, allnex leads the way
to a greener and moresustainable future.”―
DAVY DE CLERCQ,
Head of Sustainability

Our strategy, inspired by the UN Sustainable Development Goals
and the principles of the circular economy, and based on a double
materiality analysis, is reflected in 5 critical pillars. These 5 pillars
guide and inspire our teams to provide more sustainable solutions
to our customers and address the challenges our society faces.
In October 2022, allnex held an online Sustainability Conference
under the slogan “FOR ALL NEX>T GENERATIONS”. Lasting threedays, the conference was open to all interested stakeholders andpeers. Such conferences are crucial for driving home specificsustainability concepts and practices to a larger audience andreiterate the importance of close collaboration within our complete
value chain. Only through good partnerships with suppliers andcustomers will we be able to achieve our ambitious targets.
Furthermore, we are extremely proud of the EcoVadis Platinum
status we achieved in July 2022. In terms of sustainability, itputs allnex among the top 1% of all companies distinguished by
exceptional green policies, actions and results!

14

By fully adopting environmental,social and governance (ESG) practices,
we make the world’s goals our own.
While doing so in a holistic manner,
there are three SDGs that lendthemselves particularly to allnex’s
contributions.

allnex anchored sustainability
in its corporate strategy,
particularly emphasizing
SDG #7, #12, and #13 to
make maximum impact.

15

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

All in on ESG –In Close Alignment
with the UN Sustainable
Development Goals

We work to reduce theemissions of volatile organic
solvents across the productlifecycle to protect people
and the environment.
SAFER MATERIALSEMISSIONSEMISSIONSREDUCTION

CIRCULARCIRCULARECONOMYECONOMY

REDUCTION

We actively substitutepotentially harmful chemicals
by safer options.
CIRCULAR ECONOMY
We diligently explore options
to limit the consumption of
resources, keep them in use aslong as possible, and eventually
recover and recycle them at theend of service life.

SAFER
SAFER
MATERIALS

RENEWABLE
SOURCING
RENEWABLE

MATERIALS

A Fivefold Focus fora New Tomorrow –The Pillars of Our
Sustainability Program
These pillars form the basis of allnex’s ambitious
Sustainability Program, which covers all aspects fromproduct development, raw material sourcing andmanufacturing to supply chain management andcustomer service. The pillars stand for the circularitythat is at the core of all our considerations, defining
both how we plan and execute our activities.
16

SOURCING

ENERGYENERGYEFFICIENCYEFFICIENCY

RENEWABLE SOURCING
We aim at minimal use of finite
resources and strive to reduceclimate impacts by looking at
renewable alternatives for raw
materials and the energy we
use.
ENERGY EFFICIENCY
We design our product andmanufacturing process in a waythat enables maximum efficiency
in energy utilization across the
product lifecycle.

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

EMISSIONS REDUCTION

Growing Green
Together with
the Market –Sustainable Portfolio
Management

The maxim “be ECOWISE™” reflects our mission ofacting across various areas of sustainability, with the
double aim of both developing new products andservices and improving our internal operations.

In 2019, we began to develop a
more structured, robust sustainable
portfolio management (SPM) process.

The precept underlines our dedication and commitment
to pursuing a greener and more sustainable future
alongside our customers. Join us in creating a moresustainable future – and let’s be ECOWISE™ together.

Through the SPM, we aim to categorize our products by analyzing theirsustainable benefits and challenges,
using a fact-based methodology.

The ECOWISE™ product portfolio is a living selectionthat will adapt to the evolution of our product offerings,
changing benchmarks, and emerging market needs.

ECOWISETM CHOICE”Sustainable portfolio management
is the keystone of our sustainability
program. It enables us to steer our
product offering and innovation
pipeline according to thesustainability needs of the market
and to support our customers, end
markets and stakeholders.”

17―
BENOIT DE BECKER,
Senior VP Corporate
Development & Innovation

INDUSTRIAL WOODAPPLICATIONSBUILDINGS & DECORATIVEAPPLICATIONSPACKAGING & INKSAPPLICATIONS

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

A Wise Choice for
Sustainability –Our ECOWISE™
Products

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

The Future
We Strive For –Our Mid- andLong-Term Goals
Achieve CO2 reductionsof 30% by 2030* and net
carbon neutrality by 2050
(in absolute scope 1 & 2
emissions)

Increase the overall
proportion of women in
manufacturing at allnex
to 16% by 2030

Elevate total ISO 50001
certified production to100% by 2025

Increase the overall
proportion of womenin leadership roles atallnex to 35% by 2030
Improve energy
efficiency by
10% by 2030*

18* Our emissions and energy goals are based on 2018 levels.

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

Considering
Both Sidesof Each Topic –Our Double
Materiality Matrix

Result Materiality Matrix
External stakeholder values squared
10

Climate
Safer
Materials

Circular Economy
9
Responsible Business
Practices

Product Portfolio &Product Development

Impact on allnex

8Taking into account both
how sustainability topics
impact allnex and how
allnex impacts them, ourdouble materiality analysis
confirms our former focus
yet expands its scope.

EnergyHealth &Safety7

Water

Raw Materials &Sustainable Sourcing

Supply Chain

Diversity & Inclusion

6

Materiality threshold.
Topics above this line
are considered material.

Product
Stewardship
5
Biodiversity

Soil
4

4

5

6

7

8

9

10

Impact on Environment & Society

working with single materiality› After
until 2019, we now use double
materiality to identify our priority
focus topics

internal and external› Combines
perspective and plays a key role in

ClimateCircular
Economysustainability management

Raw Materials& Sustainable
Sourcing

Product Port­folio& Product
Development› Required for upcoming CSRD/GRI
lifted above materiality› D&I
threshold by senior leadership
team

Health &Safety19

Diversity &Inclusion

Safer
Materials

EnergyResponsible
Business Practices &Corporate Culture
DOUBLE
MATERIALITYSHOWS THE WAY
FORWARDallnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

Materiality Deep Dive –The Why and How of Each
Priority Focus Topic

ClimateCircular Economy

Raw Materials &Sustainable Sourcing

Product Portfolio &Product Development› Overarching topic impacting
many SDGs› Circularity that is at the core of
all our considerations, defining
both how we plan and execute
our activities› Up/downstream scope 3
emissions big part of footprint› Crucial for all aspects ofsustainability & entire
Sustainability Program› Public commitment to cut 30% of
scope 1&2 emissions by 2030

› Use of post consumer waste as
feedstock› Strategy for replacing natural gas
with renewable electricity› Coatings protect substrates
so they are kept longer in use,coatings allow easy repairability
and recyclability of substrates› Continuous search forsustainable/low-carbon raw
materials› Partnerships throughout thevalue chain to bring better
alternatives› 2 pilot sites ISCC+ biomassbalance-certified in 2022, more tocome› ECOWISETM concepts areembedded into our new productdevelopment processes› Clearly material for allnex,
as for any company

Management &indicators:› Definition of scope 3 reduction
target in progress

20› Crucial for reducing allnex’s
total carbon footprint› Thin coatings can potentiallyreplace thick packaging› Use of post consumer waste
as feedstock› Clear targets for contribution
margin from ECOWISETM products› Use of biobased feedstock,
multiple commercial products
available› Value for society and planet
should be proportionate tofootprint

Maximum social andenvironmental benefit

Materiality Deep Dive –The Why and How of Each
Priority Focus Topic

Positive =ImpactBenefitFootprint

Added sustainability value
for society and companies

Minimum social andenvironmental costs

Responsible Business
Practices & Corporate Culture

Health &SafetyDiversity &Inclusion› allnex sees itself as part of global
movement for sustainability› Health & safety of staff &communities has always been apriority for allnex› As a global company allnex knows
very well the value diversity adds toan organization› Inclusive & fair environment benefits
both employees and company

Management &Indicators:› Member of UN Global Compact
since 2020

› Mature management system & global
certification to ISO 140001 & 45001› Target of increasing women in
leadership roles to 35% by 2030

› Member of “Together for Sustainability”(TfS) since 2022

› Best SHE (safety, health, environment)
practices deeply embedded at all sites› Target of increasing women in
manufacturing to 16% by 2030

› Commitment to ESG in company,
supply chain, communities› Local teams guided by dedicatedcorporate SHE team and global SHE
director› Reporting of & scorecards for key
indicators such as recordable injury rate

21

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

Our equation forgood productsallnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

Materiality Deep Dive –The Why and How of Each
Priority Focus TopicManagement &indicators:

Safer Materials

Energy› Material safety is crucial for social
acceptance and licence to operate› Energy use main cause for scope 1&2CO2 emissions› Creating safer innovations is bothethical priority and attractive formarket› Efficient energy use reduces costs andbenefits bottom line

› Topic part of ECOWISETM Sustainable
Portfolio Management› Active monitoring using prediction models
at production sites› Scorecard for chemicals of concern
integral part of innovation process› Specific improvement targets for each site

› Clear targets for contribution margin fromECOWISETM products

22› Yearly reduction target & overall goal of
10% improvement by 2030

Membership in “Together
for Sustainability”
In 2022 we joined “Together for Sustainability”(TfS), an initiative of the chemical industry
dedicated to fostering climate mitigationand safe and ethical industry practices.
TfS actively supports the principles of theUnited Nations Global Compact and the
Responsible Care® initiative.
We are very proud and excited to have joined the TfS family, acircle of industry partners united by one common goal: to address
industry challenges and make sustainable improvements along
the entire value chain. Participation in TfS allows us to strengthen
our supplier sustainability activities and, together with ourpartners, shape the future of the chemical industry“FOR ALL NEX>T GENERATIONS”.

Platinum Rating
by EcoVadis“At allnex, we are passionate about sustainability and committed
to continuously optimizing our environmental footprint. Joining TfS
allows us to further learn from industry leaders and opens up a
new channel of engagement with our vast supplier network, whichplays a pivotal role for allnex in achieving its sustainability goals”,
commented Lauri Wogschin, Senior VP Procurement at allnex.

EcoVadis is an internationally recognized sustainability rating agency
that has been benchmarking oursustainability efforts and tracking
our progress since 2019.
Thanks to the dedication at all levels of the company,
we have steadily moved up the ranks during time:from an initial Silver Rating to Gold in 2021, and now
to Platinum in 2022.
The rating puts allnex among the top 1% of allcompanies distinguished by exceptional green
policies, actions and results!

23“At allnex, we are passionate aboutsustainability and committed
to continuously optimizing ourenvironmental footprint.”―
LAURI WOGSCHIN,
Senior VP Procurement

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

A Platinum Award andMany New Partners –Sustainability Milestonesof 2022

In 2022, under the slogan “FOR ALL
NEX>T GENERATIONS”, we held our
first Sustainability Conference.
The aim of the three-day online event was to informcustomers and partners about the challenges andopportunities of sustainability, and it featured a large
line-up of experts who shared insights, discussed
trends and presented some of our most innovative
sustainability solutions.

"It was my pleasure to host andmoderate the Sustainability
Conference 2022. Our allnex team isvery motivated to bring innovativeand sustainable chemistry to themarket, and everyone could see thatduring the show.
Thank you all our customers andpartners for attending and for thegreat questions and thoughts you
brought to the conference!”

Arranged around central industry topics such as
packaging, mobility and construction, the virtual talks
showed participants how they could use our products
to navigate the transition to a more sustainable coatingsindustry and invited them to join in the discussion.

3 Days.

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

Spreading the Word:
Our 2022 Sustainability
Conference―
DARIA SAMONOVA,
allnex Corporate
Communications
Manager“The conference offered technicalinformation about how the company's
teams have been able to develop andmanufacture chemicals based on a circular
economy and derived from renewablebiological resources.
To produce next generation paints, coatings
and adhesives, the paints and coatingsindustry needs new chemicals and raw
materials based on a circular economy, andallnex’s team is leading the way in supplying
chemicals based on a green chemistry.”
ANTONIO GRILLO,
International Marketing Manager,
Pitture e Vernici European Coatings, Italy

16 speakers.
17 sessions.
14 hours of
discussion.
3,582 total numberof participants
100 – 270 participants
per session

24

For all who missed theconference, recordings ofthe sessions are available
at our Media Room, where
you can also download theaccompanying documents andget in touch with our experts.

In 15-minute episodes that are released quarterly, DavyDe Clercq, Head of Sustainability at allnex, and InternalCommunications Specialist Wing Shan Sezto discussvarious sustainability topics and answer questions fromcolleagues. So far, the topics covered were:› allnex’s Sustainability Philosophy and Strategy› Carbon Dioxide Reduction: Goals for 2030
› ECOWISE Product Portfolio› What are Scope 1–3 Emissions?
TM

Spreading the Word:
Our Sustainability Podcast

Davy De Clercq,
Head of Sustainability at allnex

25

Each episode has nearly 200 listeners, and so far the
podcast has reached a total audience of 760.

Wing Shan Sezto ,Internal Communications Specialist

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

To further strengthen our focus onsustainability, in 2022 we launched a
new initiative that reaches out to allmembers of the allnex community:
the Sustainability Podcast.

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

Meet Our
Innovative
Products

Innovative andSustainable –®
Our CRYLCOAT
Ultra-Low Bake Hybrid
One-Shot Matte System

Technology:
Polyester-epoxy hybrid powder coating―
TOM VANHEERTUM,
Marketing Manager at allnex

Product:
CRYLCOAT® E 04815 polyester
BECKOPOX™ E 04943 epoxy

Application:
MDF and natural wood substrates used to produce
kitchen cabinetry and furnitureThis specially formulated combination of polyesterand epoxy resin can be used to produce matte hybrid
powder coatings in a time- and cost-saving oneshot process, and is designed for an ultra-low curingschedule of 130 °C at 10 minutes.
Achieving acceptable appearance at such low curetemperatures has been a significant challenge forthe powder coatings industry. This unique innovation
overcomes this challenge by providing outstanding flow
and smoothness.
This means that powder coatings can now be
formulated for use on thermally sensitive wood andwood-like substrates for kitchen cabinets and furniture.
The resulting matte coatings have excellent stain andchemical resistance, making them ideal for theseapplications.

Team who contributed to the
product development:

Callistus EzeAgu

27

Sarah Sullivan

Daminda Navarthne

Tre’ Holmes

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH“Reducing the cure temperatureof resins for powder coatings isa significant area of research forallnex. Not only does this open up
new substrates beyond metal for
powder coatings, it also has thepotential to significantly reduce theenergy required for cure. The ultralow bake hybrid systems describedhere are especially notable not only
for their 130 °C cure, but also forthe high level of smoothness andlow gloss that can be achieved,
making these systems particularly
attractive for applications on MDF.”

CUTTING/
SHREDDING

DE-INKING

Product:
EBECRYL® 577

Application:
Flexible packaging
To increase the circularity of plastics, allnex has
developed an UV-ink-receptive deinking primer resinfor plastic substrates. With the aid of this innovative
product, inks can be made to adhere well to printed
plastics and later be efficiently removed without ink
contamination.
UV inks can be applied to standard labels, bottles or
flexible plastic films used in packaging, readily adhering
to polypropylene (PP) and BOPP substrates, as well as
to polyethylene (PE) and PET. They can also be printed
on shrink-sleeve labels, an increasingly popular choice infood and beverage packaging.
All these surfaces and substrates can be adorned with awide range of colors and designs. During later recycling,
however, inks printed on labels or directly on bottles
and films present a problem, as they contaminate
plastic recycling streams and lead to discolored
recyclates.

28

Alkali solution
with 0.3% detergents~10% of PET flakes
Time: 10 min at 85 °C

Technology:
Polyester acrylate

Lab tests
confirm primer’s
effectiveness*

Our deinking UV primer resin solves thisissue by enabling efficient separation of
UV-cured inks from plastic substrates.
It adheres well to PP (BOPP) and PET
substrates, and it also shows good interlayer
adhesion to the ink layers applied on top.
Later, both primer and inks can easily beremoved in the caustic water solutioncommonly used in plastics recycling. If careis taken not to dissolve the inks in it, thewash solution can even be reused.
In certain cases, our resin can also serve asa binder for UV inks, which can then later
be removed without first having to apply aprimer at all.
The innovative product is part of a larger
platform of projects dedicated to developing
coatings, ink binders and resins that
improve the recyclability and circularity of
established materials.

The allnex team that contributed
to developing this innovative
solution, from left to right:
Jean-Yves Salviato
Bastiaan De Mol,
Stijn Vrijsen,
Hugues Van den Bergen
Luc De Waele (not on the photo)Ink residues

Clear PETEVALUATION OF RESIDUESAFTER SEPARATIONOF INK FROM PLASTICEVALUATIONFILTRATION
Reuse alkali solution
for further de-inking* Based on procedure from APR (Association of Plastic Recyclers)

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

Primed for Recycling –®
EBECRYL 577
Deinking UV Primer Resin

SEPARATIONMADE EASYPET FILM COATED WITH
PRIMER AND INKS

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

Better Carbon andResistance to Staining –®
SETAQUA 8800–8850
primer/sealer and®
SETAQUA 6753 topcoat

Technology:
WB 1k self-crosslinking

Product:
SETAQUA® 8800–8850, SETAQUA® 6753

Application:
Furniture and decorative

SETAQUA® 8800–8850 are the newest
additions to our great range of products
for decorative trim and furniture coatings.
With these new developments, we havecracked the code to making waterborne
acrylic emulsions more sustainable
by using recycled and/or biobased
monomers with a “better carbon” content
of up to 80%, which complies with IKEA
standards.
In addition, SETAQUA® 8800 can now be
used in applications for children’s toys, as
it is entirely free of aromatic traces.

The products have been bench­marked
against leading industry references andstand out in terms of film and in-can clarity,
hand cream resistance, open time, and cure
speed.

Several years of investigation andinnovation have given us unique insight
into the physical and chemical interactions
relevant to this topic, culminating in thedevelopment of SETAQUA® 6753.

Over the past few decades, matte finishes
for furniture and other wood surfaces havesteadily gained in popularity. However, theyoften exhibit low resistance to stains fromcoffee, wine, detergents, ketchup and otherfluids commonly found in households.

According to one of our customers, it is
the best they have ever seen in terms ofchemical resistance and, due to its potential
to replace systems using isocyanate curing
agents and similar performance to solventbased systems, might set a new market
standard.

The widely used IKEA R2 standard presents
a particular challenge when formulating
matte-pigmented coatings, as they typicallycontain lower amounts of binder and show
inconsistent film forming at the micro level.

Team who contributed tothe product development:

Back row (from right to left): Nicole Verhagen, Arden van Oost,
Ankie van Gorkum. Front row (from right to left): Jolanda Ligtenberg,
Karin van de Sanden.

29

Dirk MestachMarcel Meeuwisse

The panels are critical elements helping the company
in its drive towards more sustainable building solutions,featuring 80% automated production, 99% lessconstruction waste, and 60% recycled printing materials.
The homes can be built in half the time of conventional
homes, and by combining materials science withrobotics and automation, Mighty Buildings wants tomake carbon-neutral housing a reality for everyone.
allnex’s radiation-cured monomers and oligomers allow
Mighty Buildings to more efficiently produce walls forthe modular homes they design. Since the walls are built
layer-by-layer from the ground up, they must be cured
more or less instantly to ensure proper work flow.

Technology:
UV-curing

The high cure speed of our radiation-cured resinsproved to be the perfect fit for our partners needs.
By combining just the right monomer and oligomer, wecustomized the formulation for the company’s special
technology, which cures each extruded layer on the
spot using a UV light attached to the nozzle.

Product:
Customized radiation-cured resin (trade secret)

Application:
Carbon-reduced 3D-printed homes“We’re excited about our partnership with Mighty
Buildings”, says Chris Puccio, Vice President Sales atallnex. “By providing our current resins for their process,we can help them reach their goal of building a moresustainable housing solution. In addition, we continue
to work on developing next-generation resins, which
will give the company’s homes an even lower carbon
footprint.”

Mighty Buildings is an innovative Californian company
that uses 3D printing technology to manufacture
sustainable and climate-resilient high-quality homes. Ina sustainability-focused partnership, allnex provides thematerials Mighty Buildings uses to print the predesigned
parts that are then assembled in progressive kit-of-parts
construction to build homes onsite.

TEAM DRIVING MIGHTY BUILDINGS NORTH AMERICAN PARTNERSHIP
ALPHARETTA

Chris Puccio

30

NORTH AUGUSTABill Bryant

Sue Williamson

Jennifer McClung

Rick Gilder

Pete Padgett

Kenny Harris

Ken Fabrizio

allnex ESG Report 2023
OUR SUSTAINABILITY APPROACH

Sustainable
Collaboration –Customized
UV-Curable Resinfor 3D-Printed“Mighty Buildings”

allnex ESG Report 2023
ESG PERFORMANCES

ESG
Performancesin 2022

32

On Our Way to
Low Carbon

33

Energy – Reduce andRedirect to Renewable		

34

Going With aThinner Flow35

The Best Waste Is the
One Never Created36

Screening for
Sustainability

37

Ethics andCompliance

38

Environmental &Community Engagement

allnex ESG Report 2023
ESG PERFORMANCES

Key achievements
in 2022:On Our Way to
Low Carbon –Achievements in
CO2 Reduction

to 2018, the baseline of› Compared
our reduction goal, our production
volume was 10% lower in 2022, due
to external economic circumstancesand geopolitical reasons.

the same period, our CO› Overemissions (scope 1 and 2) fell by
221%, a significant achievement
given the challenging businessenvironment of the past few years.

intensity remained flat at 0.27 per› CO
ton compared to 2021, showing that2allnex acknowledges theimpact of greenhouse gas
emissions on climate change
and its consequences, suchas increasing global temperatures, rising sea levels,and more frequent extreme
weather events.
We are therefore committed
to reducing the carbon footprint of all our processes andmeeting our 2030 goal , while
promoting the importance of
creating a low-carbon industry
to our employees, suppliers,
partners and customers.

our current strategy is heading us
in the right direction for achieving
our decarbonization goals.

CO emission reduction was› The
mainly achieved by switching to

CO2 emission and intensity

Production
volume927,105
Metric tons
286,738
tCO2e

Total allnex
Scope 1&2 CO2e853,992
Metric tons

940,556
Metric tons
830,909
Metric tons

262,748tCO2e

2

246,873tCO2e

renewable electricity. This is in linewith our long- term green electricity
sourcing strategy, which we continue
to implement.

continuously monitors the› allnexenergy efficiency of its processes,

838,114
Metric tons

224,862tCO2e

CO2e intensity
by production
volumeand year after year these energy
efficiency improvements directly
result in CO2 savings.

226,044
tCO2e

0.31
tCO2e/ton

0.31
tCO2e/ton

0.27
tCO2e/ton

0.26
tCO2e/ton

0.27
tCO2e/ton

2018

2019

2020

2021

2022

*2021 data was updated during a third-party verification audit, which was completed after the 2021 ESG report was published. Data inaccuracies werecorrected, and additional refrigeration losses were accounted for.

CO2 emissions and production volumes by region
Production
volume total

927,105
Metric tons

286,738tCO2e

853,992
Metric tons

262,748
tCO2e

Total allnex
Scope 1&2
CO2e

AMERICAS

830,909
Metric tons

940,556
Metric tons

224,862tCO2e

246,873
tCO2e

2020

2021

APAC

838,114
Metric tons

226,044
tCO2e

Scope 1&2
CO2e

32

2018

2019

2022

EMEA

We are committed to improving
our energy efficiency by optimizing
operations and production processes,
using higher-efficiency equipment,
and eliminating energy wastage.
At the the same time, we are also
proactively shifting to renewableenergy in order to avoid CO2
emissions and work towards ourgoal of climate neutrality by 2050.

Production
volumeTotal allnex
energy use

Energy intensity
by production
volumePurchased
renewables &certificates33

1,223,526
MWh1.32
MWh/ton853,992
Metric tons

940,556
Metric tons
838,114
Metric tons

830,909
Metric tons

1,194,304
MWh

1,147,298
MWh

1,140,588
MWh

1,115,405
MWh1.34
MWh/ton

1.34
MWh/ton

1.27
MWh/ton

1.37
MWh/ton96,123MWh85,342
MWh

96,573
MWh

2020

2021

2022

9,661
MWh

14,175
MWh

2018

2019

and best practices
in 2022:amount of purchased renewable electricity› The
and certificates has remained stable, constituting
around 8% of the company’s total energy use.

engineering teams research how to reduce› Our
the energy footprint of our operations by storing
and reusing process heat as an energy source.

to 2021, our Lillestrom site in Norway› Comparedachieved a 5% reduction in electricity intensity(MWh/mt produced) in 2022. Most of the reduction
stems from the installment of a variable-frequency
drive (VFD) in two important pieces of machinery.
Since 2018, the site’s electricity-saving efforts, which
are implemented along a detailed medium-term
plan, have led to a 23% lower use of electricity.

Rayong site in Thailand made an even bigger› Ourstep forward in 2022, reducing its electricity

Energy use and intensity 2018 –2022
927,105
Metric tons

Key achievements

intensity rate by 17% compared to the year
before. Again, this was made possible by focusedenergy management, certified to ISO 50001 andimplemented along a strict plan, which in this caseincluded scrupulous preventive maintenance andregular checks on energy-intensive equipment.

allnex ESG Report 2023
ESG PERFORMANCES

Energy –Reduce andRedirect toRenewableallnex ESG Report 2023
ESG PERFORMANCES

Key achievements
and best practices
in 2022:

Going With aThinner Flow –Improvements
in WaterManagement
Water is an invaluable andincreasingly threatened
natural resource that weare deeply dedicated toconserving.
At allnex, effective water
management entails
reducing water withdrawal
in our production processes
while simultaneously improving the quality of ourdischarged water.

the past five years, there has been a continuous› Indownward
trend in the company’s water withdrawal,
testifying to the successful collective effort of all
our production locations to conserve water intheir processes.

colleagues from the North Augusta site in› Our
the US identified and implemented measuresthat add up to over one million liters of saved
water annually! These improvements wereidentified thanks to the focus on energy and utility
consumption that is part of the ISO50001-certified
energy management system. The savings weremade possible by further process automation anddetailed level monitoring.

Wacol site in Australia, rainwater is captured› Atandthefiltered
at a rate of more than 2750 L/h using areverse osmosis system. In 2022, this led to watersavings of more than 10 million liters.

Water withdrawal and intensity 2018 –2022

to efficiency increases in both the› Thanks
production process and the functioning of the site’s
wastewater treatment plant, the Wallingford site
in the US reduced the phosphorus concentrationin its effluent by 85%. This is a further great
improvement in the quality of the water that isreturned to the environment.

Production
volume927,105
Metric tons

6,405,497
m3

853,992
Metric tons
6,279,405
m3

Total water
withdrawal

940,556
Metric tons
838,114
Metric tons

830,909
Metric tons
6,230,529
m3

5,639,759
m3

Water withdrawal
intensity rate

6.909
m3/ton7.353
m3/ton7.498
m3/ton5.996
m3/ton6.360
m3/ton

2018

2019

2020

2021

2022

*2021 data was updated during an internal review, where discrepancies were corrected.

34

5,330,597
m3

The Best
Waste Is the
One NeverCreated –Our Waste
Management
Our waste management
strategy is based on thethree core tenets of thecircular economy: reduce,reuse, and recycle.

940,556
Metric tons

WASTE INTENSITY927,105
2018–2021

Production
volumeMetric tons

64,453
Metric tons

853,992
Metric tons

63,036
Metric tons

830,909
Metric tons

64,100Metric tons

64,226
Metric tons
58,310Metric tons

Total waste
directed todisposal

Waste intensity
by production
volume35

838,114
Metric tons

0.070
t/t

0.074
t/t

0.077
t/t

0.068
t/t

0.070
t/t

2018

2019

2020

2021

2022

We follow these tenets byconsistently focusing on
how to streamline andenhance our systems andprocesses, particularly interms of wastewater andsolvent disposal at ourvarious production sites.

and best practices
in 2022:circular economy principles at our› Bysites,implementing
we have reached a stable waste intensity
level at 0.070 in 2022.

business systems continue to be› Our
ISO 14001-certified and passed the auditing
process with great results at the end of 2022.

Romano site in Italy managed to reduce the› Thesludge generated by its biological wastewater
treatment by 25%. This huge step forward was theresult of a focused improvement workshop initiatedby the local management team.

colleagues at the Botany site in Australia› Ourcontinue reducing waste and solvent disposal.

Over the last 8 years, the site was able to reduce
its output of liquid waste by 50% and of solid
hazardous waste by 29%.

allnex ESG Report 2023
ESG PERFORMANCES

Key achievementsallnex ESG Report 2023
ESG PERFORMANCES

Screening for
Sustainability –Our Supply Chain
and Procurement
Policyallnex recognizes thestrategic importance of
procuring raw materials
sustainably.

This enables us to minimize our environmental footprint and uphold our social
responsibilities as a global company, while
also ensuring the longevity of our business
operations.

By establishing positive long-term relation­
ships with our suppliers, we can work
together to promote transparency, effec­
tive communication, and continuous
improvement in our procurement practices.

As a result, allnex requires suppliers toengage in its sustainable strategy, outlined
in purchasing terms, contract templates,
and a Supplier Code of Conduct, to ensurecompliance with laws, regulations, industry
standards, and sustainability requirements.

DETAILED DUE DILIGENCEASSESSMENT/AUDITCONTINUOUS SUPPLIER
IMPROVEMENTS

new suppliers will
› Allundergo
a pre-riskon the results of the› Depending
pre-risk assessment, suppliers are

results of the assess­› The
ments and audits are shared

Our internal assessment••and evaluation process•

In 2022, the program was further developed
into the Supplier Engagement Process,which standardizes our internal assessmentand evaluation process.

Environment,
Labor & human rights,
EthicsSustainableprocurement

suppliers are also
› New
expected to acknowledge
the allnex Code of Conduct
or, alternatively, provide a
copy of their own Code of
Conduct to allnex.

assigned to different sustainability
risk classes.

our existing supplier portfolio,› For
a detailed risk assessment ofour key vendors regarding theirindustry, geographical location andindividual engagement is being
conducted.

goal is to have 80% of our› Our
key vendors go through a risk

with selected key suppliers
and a corrective action
plan (CAP) is created andperformance monitored.

Continuous
improvement

assessment by 2025.

suppliers undergo either› Selected
an audit or a (self-)assessment via
EcoVadis or allnex.

OUR NEW PROCESS COMPLYS WITH
THE GLOBAL REPORTING STANDARDS OF THE GRI
36

Evaluations consider social and environ­mental factors, including ratings fromexternal auditors and internal programs toensure responsible sourcing of important
raw materials.

ONBOARDING
PRE-RISK ASSESSMENT

assessment based on
their EcoVadis rating in thefollowing areas:

In 2021, allnex set up the Supplier
Evaluation Program to gain comprehensive
insights into the commercial, environmental
and social impacts of significant suppliers.

Our partnerships assessment includes
economic, environmental, and social impact
dimensions, using proprietary check­lists in key process steps, such as supplierapproval, complaint management, evaluation,
management of change, and CSR assessment.

STARTED END OF 2022 WITH A
SET OF KEY SUPPLIERS, ENGAGED IN
A CONTINUOUS ACTION PLAN (CAP)Key achievement in 2022:
A 100% of employees completed
our online CoC training
2022, company-wide training on the Code of Conduct was› Inconducted
to refresh our employees’ understanding of ethicalconduct and compliance in all aspects of our business.

of conventional classroom teaching, the training was› Insteadoffered on our e-learning platform “EXPLORE” to facilitate self-

At the heart of allnex’s operations
lies an unwavering commitment to
upholding the highest standards of
ethical conduct and compliance inall aspects of our business.
We recognize that these values not only define ourcorporate culture, but also play a crucial role in ensuring
the long-term success and viability of our organization.
Our pledge to act with integrity, accountability, fairness,and transparency extends to every facet of ourpartnerships, products, and services. By adhering toour corporate compliance program (see examples on
the right) and Code of Conduct, we maintain a steadfast
dedication to responsible corporate governance, which
we firmly believe provides the bedrock for sustainable
and healthy growth of the company.
In an ever-evolving business landscape, ethics andcompliance have become increasingly vital to acompany’s success. By placing these principles at theforefront of our operations, allnex is committed tosetting a standard of excellence for our industry andpaving the way for a more ethical and responsible
business environment.

learning in the digital era.

were provided with the CoC in 15 languages and› Employees
then required to go through a test including both theoreticaland situational questions to confirm they had fully grasped thecontent of our CoC.

OURCOMPLIANCE
CODES ANDPOLICIES:› Code of Conduct› Supplier Code of Conduct› Labor and Human
Rights Policy› Anti-Bribery, AntiCorruption Policy; andExport Controls› Information
Classification Policy› Anti-Harassment Policy› Global Whistleblower
Mechanism37

4 months, an amazing 100% completion rate among› Withinour employees was achieved, including frontline site

operators who are often less experienced with digital training.

allnex ESG Report 2023
ESG PERFORMANCES

Ethics andCompliance –A Steadfast
Dedication to
Doing Rightallnex ESG Report 2023
ESG PERFORMANCES

Environmental &Community
Engagement
Acting Responsibly –Both in Environmental andSocial Terms
allnex is driven by people – they are the reason we
do what we do. We are committed to upholding aculture of environmental sustainability and social
responsibility, which inspires us to create meaningful value in our work.
Our team, spread across the Americas, Europe and APAC, shares our visionand is empowered to connect and engage with their surrounding communities.
Discover the inspiring ways our allnex employees worldwide are giving backto nature and their communities.

In June 2022, allnex Brazil donated stateof-the-art technical equipment to the State
University of Ponta Grossa, which is one of
the branches of the Federal University ofTechnology of the state Paraná (UTFPR).
The traction test device was officially
donated in the presence of several teachers,
as well as allnex employees Giovana Kruger
and Evandro Mucedola. As part of theuniversity’s application lab, it will be used forcourses in chemical engineering, mechanics
and other subjects.

38

Alongside hundreds of other cancer
survivors, advocates and families, allnex
colleagues who have overcome cancer
also participated in the walk to help raiseawareness for this important cause.

Olivia Otten, a colleague from allnex East St. Louis,
participated in a 24-hour endurance run to support
children’s cancer research at St. Jude Children’s
Research Hospital in the US.

allnex Louisville also teamed up with locals
to deliver necessities to areas affectedby the devastating flood that hit eastern
Kentucky in summer 2022.
The allnex Louisville team participatedin other local charity events, such as theFestival of Trees & Lights, held to support
Louisville’s Norton Children’s Hospital.
At the festival, self-designed Christmas
trees are sold to raise funds for the hospitalfoundation.

39

To help flood victims, colleagues donatedhand sanitizers, brooms, disinfectant,hygiene products, canned fruit, canned soup
and other necessities.

She completed the incredible 52 miles of her run in
16 hours and 35 minutes. She plans to participate
again in 2023, with the aim of raising USD 5,000 for
the organization.

allnex ESG Report 2023
ESG PERFORMANCES

Aids and Donations forImportant Causes –Activities in the Americas

allnex Alpharetta donated USD 1,500
to the Susan G. Komen breast cancer
foundation, on the occasion of one of its“More than Pink” fundraising walks.

FOR ALL NEX>T
GENERATIONS –More Activities in
the Americas
On October 11, 2022, the day
before Brazil’s Children’s Day,
allnex Brazil organized an event
for an institution providing care
to socially vulnerable children.
A team of 23 allnex employeesorganized a festive day withrecreational activities, talks
about professions and careers,
as well as snacks served to morethan 100 people.

allnex Willow Island took
opportunity of the career fair at
nearby St. Marys High School topresent in front of students andinspire them with the possibilities
that STEM subjects could bring totheir future careers.
40

allnex Alpharetta donated to the swim
and dive team of Pope High School in
nearby Marietta. The team was able topurchase 20 new and much-neededparkas as part of its uniform update.

allnex Brazil held a special event
to beautify the site in Ponta
Grossa.
Colleagues from the PG branchplanted a total of 50 Brazilian Ipêtrees on the site grounds.

allnex ESG Report 2023
ESG PERFORMANCES

allnex colleagues inNorth Augusta andLangley participated in
Science Day at Clearwater
Elementary School toinspire children with fun
chemical experiments.

Colleagues from allnex’s
center for Global Business
Services (GBS) in Riga visitedthe local Lābas Mājas (GoodHome) Animal Shelter.

He arranged for a donation of over 440 kg of resin toGerman contemporary artist Herbert Hamak. Giulio
and Herbert, who specializes in geometrical blocks andsculptures made from colorful materials, first got intouch through a drum bearing the allnex brand.

allnex Italy
cooperated withan Italian bee
conservationsociety to support
the protectionof wild bees andpollinating insects
as an invaluable
natural heritagethat is crucial
for maintaining
biodiversity andhealthy ecosystems.

They donated to the work of the
shelter, which is entirely fundedby voluntary contributions,and also brought along food,blankets and other gifts for the
animals.

GBS Riga also contributed
to Riga’s “Big Cleanup of2022” by picking up litterand cleaning up Ķengarags
Promenade, which runs
along the shore of theDagauva River.
41

Giulio Baraldi from allnex Italy found a special way tosupport the arts with allnex’s products.

The allnex Italy team also sponsoredthe publication of a children’s book aboutkindness, titled “Corso di Gentilezza“(Lessons in Kindness).
The book was written by a local author tohelp children understand the importanceof kindness from an early age and has been
distributed among primary schools.

allnex ESG Report 2023
ESG PERFORMANCES

Aiding Animals,Protecting Nature
and Art –Activities in EMEAWorking with andfor the Community –Activities in APAC

The awards recognize excellencein designing, building andservicing pools as a contribution
to improving the health andhappiness of Australiancommunities.
allnex acted as Platinum
sponsor and had the pleasure
to present awards in three
categories: Fibreglass Pool up to
USD 40,000, Fibreglass Pool up
to USD 60,000 and Fibreglass
Pool Builder of the Year.

Our branch in Malaysia, allnex Seremban,
was happy to play a charita­ble role in the fateof a small family of dogs. When a female dog
and her puppies sought shelter at the branch’s
plant, the team rescued the animals andreached out to a local shelter. Along withthe canines in need, the shelter received adonation totaling RM 5,000 (USD 1,136) fromthe rescuers.

allnex Vietnam has upheld
its tradition of community
involvement by cooperating withthe local government to award
school scholarships to studentsof Thuan Minh 1 Primary School
in Ham Thuan Bac district.
The scholarships were madepossible through contributionsof the entire branch’s staff,
totaling about EUR 2,000, andwere awarded to students who
excelled despite the challengesof the pandemic.

42

allnex ESG Report 2023
ESG PERFORMANCES

allnex Australia acted assponsor of the 2022 Awards
of Excellence given out by
the Swimming Pool & Spa
Association Western Australia(SPASA WA, now merged withSPASA Australia).

allnex Rayong, our branch in Thailand, helped repair
and paint exercise equip­ment and playgrounds innearby Map Chalut community, as well as the police
station in the Huay Pong community. On National Arbor
Day, the team also took part in a tree-planting event,planting a total of 200 saplings to increase green spacein the local industrial district.

To help maintain the beautyof Thailand’s beaches, allnex
Rayong participated in a beachprotection project. Together
with other volunteers from thecommunity and local businesses,
the team picked up litter at Pha
Yon Beach and cleaned theadjacent road .

43

As in previous years, allnex Rayong has once
more received the Corporate Social Responsibility
Continuous Award in 2022, given out by Thailand’s
Department of Industrial Works.
The award acknowledges the branch’s consistentdedication to responsible operations andcommunity engagement and has been given toallnex Rayong for the sixth consecutive year.

allnex ESG Report 2023
ESG PERFORMANCES

Taking Care of the
Neighborhood –More Activities in APAC

allnex ESG Report 2023
OUR OPERATIONAL APPROACH

Our Operational
Approach

45

The Way We Think

46“Serious About Safety”		

47

Digital Transformation48

Sustainable Energy Use

49

Shifting to GreenWe believe that by proactively driving
scalable sustainable practices atour sites, we can establish a truly
sustainable footprint across ourglobal operations.”―
MIRKO SCHNITZLER,SVP Operations

The Way We Think –Our Operational
Philosophy and Strategy
As a market leader in industrial resins,
we aim to offer superior products while
minimizing our environmental footprint
with the best safety performance in theindustry.
The operations team is dedicated to thefollowing strategic concepts and rigorous
standards of production, which prioritize
safety and sustainability at all times.

45

SERIOUS ABOUT
SAFETYWe are passionate aboutkeeping our colleagues,
contractors and commu­­nities safe. Zero incidents,
zero releases and zerocompromises are always
our goal.

CONTROL THE
CONTROLLABLES
We focus on the ele­ments we can control
and push them to thebest possible state. This
includes using real-timedata to closely monitor
the key performanceindicators of our global
supply chains and opera­
tional teams.

COST CURVELEADERSHIP
We strive to build asustainable competitive
advantage on ouroperations’ cost base.
We work to simplify
our processes and andperfect what we do while
using less energy.

SCALABLE
GROWTHWe accelerate growth
by improving ourscalability and capitalintensity ratio. This
includes setting up global
engineering standards
and debottlenecking any
inefficiencies.

RISK
REDUCTION
We proactively elimi­
nate risks throughout
the global value chains
we operate in.
For example, by making
sure our production
processes and raw
material supplies arestable and resilient.

DIGITAL
TRANSFORMATION
We convert information
into real-time data to
improve our decision
making. By stepping up
our digitalization effort,
we work to increasetransparency in our
supply chains andoperational activities.

SUSTAINABLE
OPERATIONS
We focus on bringing
energy, water consumption and air emissions
to the lowest possiblelevels. We focus onadhering to our 2030
sustainability goals,
accelerating green processes and increasing
our investments in hand­ling
sustainable raw ma­terial
at our locations.

EMPLOYEE
VALUE
We are dedicated to
improving employee
engagement, training
and development.
Our emphasis is on
engaging all employees
across ranks and offer
advanced training.

allnex ESG Report 2023
OUR OPERATIONAL APPROACH“The operations team at allnex isdedicated to creating a safe andsustainable future for the planet and
all who live on it.

Key safety
achievements
in 2022:―
BART DE RIDDER,
SHE Director

combined employee and contractor› The
recordable injury rate (TRIR) was 0.59*, exceedingour 2022 target of 0.65.

of our assets have undergone process hazard› 96%
assessments, covering both process safety andenvironmental hazards. We also piloted our safety
standdown process simultaneously across all global
sites to evaluate targeted process safety risks.

of our locations (including manufacturing sites,› 36researchlabs and offices) are ISO 45001 certified“Serious
About Safety” –And About Reaching
Our Goal of Zero
Incidents
In 2022, we introduced our global“Serious about Safety” framework,featuring the tagline “Spot it, stop it”,
to further strengthen our global
safety culture and make anothersignificant step towards our goalof zero incidents.

46

for occupational health and safety and are ISO 14001
certified for environmental management systems.
Surveillance audits were successfully completed in
November 2022.

globally implemented the SHE (safety, health› We
and environment) and sustainability reporting software
UL360.

successfully launched our internal “Serious› We
About Safety” framework, complete with acomprehensive communication toolbox that includes
basic safety rules for employees, contractors, and truck
drivers in 29 different languages.
The new framework covers six safety
dimensions: Workplace, Transport, Environment,
Process, Health and Security. Its aim is to establish acommon language among our manufacturing sites
and accelerate the sharing of best practices.
Our efforts have concentrated on incident
management, performance reporting, and audit
and governance processes, both internally andexternally. The framework also prioritizes training
and certification as crucial components.
*allnex calculates TRIR using the following equation: [(Number of recordable incidents) X 200,000]/(Total number of hours worked)

allnex ESG Report 2023
OUR OPERATIONAL APPROACH“Throughout 2022, allnex
staff has shown continued
dedication to further
reduce safety risks andenvironmental footprint,
resulting in both visible
and tangible results at
many of our locations.”

Digitization is a critical enabler
for driving sustainability improvements in our production network.
In 2022, we started to build a digital operating
system as a framework for developing and deploying
allnex’s digital transformation.
Our activities range from setting up real-timeenergy dashboards in our control rooms, to testing
wearable technologies for new insights on the
shop floor, to using AI technologies to optimize our
production cycle times and cleaning times.
One specific topic that we have been working on is
the integrated digitization of our production process
records, with the primary goal of further optimizing
our capacity utilization. This Project Lighthousegreatly benefits sustainability.

Key achievements in
our Project Lighthouse―
SOPHIE ZELLMER,
Implementation Manager,
Digital Operationsin 2022:
goal of Project Lighthouse is to digitize› The
all batch cards recording production inorder to offer real-time transparency, clarify
collaboration between departments and identify
bottlenecks.

2021, the Wiesbaden site served as› Sincepilot location for the project.

2022, the team successfully ran the› InfinalQ4test
in Wiesbaden, as well as at two
manufacturing sites in the US. The project hasgone live in Wiesbaden in Q1 2023, and theglobal roll out will begin in Q2 2023.

Outlook2023:
will further expand our paperless journey› We
by implementing scanning and workflow capabilities inwarehouse, production and quality management.

will continue exploring and piloting AI› We
technologies to improve safety on our sites, reducemanual work by implementing intelligent document
processing for all domains and improve reporting
capabilities.

are dedicated to a successful digital› We
transformation through creating a common andglobal digital architecture, establishing a strong masterdata competence and developing true end-to-end
process thinking.
47

allnex ESG Report 2023
OUR OPERATIONAL APPROACH

DigitalTransformation –Reaching the Next
Level of Sustainable
Productivity“Project Lighthouse is the result ofworking with a cross-functional teamto create a unique approach to batchcard automation in our industry.
Operators and managers aresupported by a smart and intuitive
solution to reach the next level ofoperational performance, reduce
admin work and increase digitalcollaboration.”allnex ESG Report 2023
OUR OPERATIONAL APPROACH

Key achievements
in our Project Enigma
in 2022:
goal of Project Enigma is to accelerate our› Theprogress in reducing energy use, through a wide

Sustainable
Energy Use –A Goal We Pursue
With Great Energy

range of energy conservation initiatives at our sitesaround the world.

project is highly prioritized due to its› Thecontribution to reaching our absolute CO reduction
2

targets by 2030 , as well as recognizing economic
benefits in cost reduction. Furthermore, the reductionof energy use directly leads to a lower water
consumption and reduced NOx emissions.

of our global sites have been selected for› Two
the pilot: Kalamazoo and Bitterfeld. In 2022, ourengineering teams have analyzed and mapped theenergy data at both sites.

Both the structural changes in energy costs
and our commitment to more sustainableproduction methods contribute to accelerating our energy reduction efforts.
A major program we launched in 2022 is Project Enigma, in which
we aim to drastically reduce the energy footprint of our operations
by storing the heat generated by our processes and reusing it asenergy.
In addition, we are working on a variety of other methods to reduce
our electricity consumption, from simple things like the use of LED
lighting, to advanced controls on motors, valves, and pumps.

48

from identifying lower-hanging fruit to reduce our› Apartenergy consumption, such as installing energy-efficient
lighting, the team has been working diligently
to validate different approaches to storing andreusing heat, a major driver of energy use in our
processes.

“We have solid
experience and areready to extend ourplans to major energy
recycling projects.
Still, becoming aleader in sustainableproduction is animmense challenge –that’s why we need toalways think out of thebox, using the data wehave.”―GUY DEPAUW,
Technology(Operations) Director

What is the allnex
renewable energy
procurement strategy?

We recognize that transitioning
to renewable energy is crucial
to achieving our 2030 sustainability goals and supporting the
UN SDGs, specifically Goal 7:
Affordable and Clean Energy.
That’s why we have developed a renewableenergy procurement strategy to ensure
we – as responsible corporate citizens –are contributing to the shift to green
energy sources globally.

support the company’s long-term sustainability goals, we› Toconducteda market-level opportunity assessment toevaluate the green electricity options for all allnex production
sites.

on the results, we defined a global green electricity› Basedsourcing strategy, along with high-level considerations on
financial, social and environmental impacts, as well as on timing.

strategy includes direct green electricity agreements› This(green rates), renewable energy certificates, onsite installations,“Sustainable procurement
involves more than just making
the right choices – it’s also about
driving change.
With our strategy for green
energy, we clearly communicate
to our customers, suppliers andpartners that our deep concern
for the environment and ourcommon future is a vital part of
all we do.”―
CHRISTINATUEYLUEOGLU-CABELLO,
Sustainable Procurement
Manager49

power purchase agreements (PPAs) and virtual purchaseagreements (VPPAs).

2022, we signed the letter of intent for an onsite wind
› Inpower
purchase agreement for one of our major sites in
Europe.

we installed a solar array that will generate about› In1.5China,
MW of renewable energy at one of our sites.

allnex ESG Report 2023
OUR OPERATIONAL APPROACH

Shifting to Green –Our Renewable Energy
Procurement Strategy

allnex ESG Report 2023
OUR PEOPLE

Our
People51

Thriving
Together

52

Ensuring
OpennessandCreativity

53

Opening
Minds,
Closing
Gaps

54

Women
in Manufacturing

55

VisibleEfforts for
Change56

Striving
for
Balance57

Encouraging Stories

58

Creating an
Inclusive
Workplace59

Engaging
Employees
Globally60

Investing in
Our Teams

61

NurturingStars and
Leaders

62

One Big
GlobalCommunity

63

Primavera
Day

64

Planting
Trees with
Our Steps

65

Our
Recipe for
Health &Happiness

Ads Employer Branding Campaign 2022

Regular
Hires

614

361
444

416
252

2018 FY

2019 FY

2020 FY

2021 FY

2022 FY

Thriving Together –In an Atmosphere of Support and TrustAt allnex, we strongly
believe that our employees
are the key to our success.
Therefore, we are dedicatedto creating an environmentthat allows them to thrive
both personally andprofessionally.
As we transition into the post-pandemic
era in 2022, we remain committed tomaintaining open communication andadaptability to find solutions that caterto the specific needs of all colleagues in

the workplace. One example of this is ourcontinued work-from-home (WFH) policy.
By offering flexible work arrangements, we
strive to help them achieve a better work-lifebalance and ultimately, a higher level of job
satisfaction and engagement.
Our people strategy is centered aroundfair compensation for our employees. Our
pay policies and practices are designed tobe gender and minority-neutral, ensuringthat everyone is compensated fairly andequitably. We also prioritize performance
management, with 78% of our employees
participating in this program to promote on­going growth and development. Additionally,
we value social dialogue, regularly engaging

in meetings with em­ployee representation
bodies, leadership meetings, team meetings,
town halls, and community calls to foster aculture of collaboration and inclusion.
Last October, allnex implemented a neworganizational structure to better align with
our future growth strategy and long-termgoals. Communication about this changebegan in the middle of the year to ensurethat our workforce was prepared for the
adjustment period and ready to seize newopportunities. Throughout the transition,
our Global Human Resources teams playeda critical role in ensuring a seamless andsmooth process offering support to leaders,team members, and the entire workforce.

To do so, we continuously review
and improve our offers fordevelopment and engagement, as
well as our responsiveness to theever-evolving workforce landscape.
This is crucial for recruiting thebest of the best and fosteringboth their success and that of ourbusiness.”―
PETRA ZIMMERSVP Human Resources andCommunications

Total number ofFull Time Equivalents:

4,092(Regular and temporary employees)

From left to right:
Colleagues in Werndorf Austria doing siteclean up during Primavera Day
Colleagues in Alpharetta, US, joining ascavenger hunt activity
Colleagues in Seremban celebrating
Primavera Day

51

allnex ESG Report 2023
OUR PEOPLE“In the face of a challenging
business environment and fierce
competition in the job market,
2022 demanded that we double
down on investing in our mostvaluable asset – our talent.

APAC

670 employees

1,570 employees

20%
133

80%
537

24%
381

76%
1,189

Ensuring
Openness andCreativity –Through Diversity
and Inclusion
With over 30 locations worldwide
and nearly 4,000 regular employees(excluding temporary ones), allnex
gives high priority to diversity andinclusion to ensure a balanced andinspired workforce. This is criticalto our future success in the rapidlychanging global market.
Our anti-discrimination and anti-harassment policies
play a crucial role in promoting a safe and respectful
workplace environment by encouraging reporting
and accountability, and demonstrating a commitment
to diversity.
In 2022, the D&I team worked closely with the sustainability team in the company-wide Primavera activities
to provide higher visibility to these topics. In addition,
various engagement activities and partnerships withschools and colleges were organized to promote STEM
(Science, Technology, Engineering, and Mathematics)
education to students of different genders and cultural
backgrounds .

52

24%
952

EMEA
1,751 employees

25%
438

75%
1,313

76%
3,039

Total 3,991

Regular employees(excluding temps)

allnex ESG Report 2023
OUR PEOPLE

Americas2021

Opening Minds,
Closing Gaps –Our D&I Roadmap
and Gender
Challenge
We believe diverse teams
bring a variety of perspectives
and experiences which leads
to better problem solving,decision making, employee
engagement and ultimately,
better products and services
for our customers.

Establish regional
diversity andinclusion teams

Status quo
analysis andpilot activities

2022

2023 onwards› Set D&I goals› Set up global
team› Facility survey

Define andimplement
further action
plansThis is why we are continuously
working on a more inclusive
workplace culture where all ourcolleagues can thrive. A genderbalanced workforce is crucial forbringing different perspectives
and experiences to the table,
particularly in the chemicalindustry where there are still
various obstacles to genderequality.

Currently, the gender ratio in
our overall workforce stands
at 24%.

Install audit
mechanism―

In order to improve global
gender diversity, the main
challenge for us is to increase
equality in the manufacturingfunctions which havetraditionally been maledominated.

Manufacturing

Other Functions

Total Regular Workforce

2,188 regular employees

1,803 regular employees

3,991 regular employees

92%
2,004

53

Strengthen
D&I culture”Diversity and inclusion should
not just be a goal or initiative; theyshould be deeply integrated into
our company’s DNA and daily lives.
By working together, we can makethis a reality!”

Gender headcount and percentage by total, manufacturing and other functions 20228%184

allnex ESG Report 2023
OUR PEOPLE

DIVERSITY & INCLUSION ROADMAP

43%
768

57%
1,053

76%
3,039
24%
925

KOEN VAN LINT,D&I Global LeadOUR GOALS
Increase theproportion of womenin leadership roles atallnex worldwide to
35% by 2030

35%

Increase the pro­portion of womenin manufacturing at
allnex worldwide
to 16% by 2030

16%

allnex ESG Report 2023
OUR PEOPLE

Women in
Manufacturing –Steadily Climbinga Steep Hill
Our ambition is to have 16% women in
our manufacturing workforce by 2030.
Given the nature of our business,the current economic environment
and the fierce competition in thelabor market, we recognize this isa challenging goal.
To overcome these obstacles, allnex has been proactively
supporting various improvement initiatives in site facilities
designed to provide a safe and positive work environment
to all employees.
We have also implemented training programs and recruitment efforts to attract qualified candidates for manufacturing positions at various locations. This has resulted
in an increased percentage of female new hires in these
positions in the past few years.

Key actions in 2022
to increase womenin manufacturing:

Gender proportionin new hires(manufacturing)
Male
Headcount Percentage
Headcount Percentage

88 %Femalesurvey of site facilities at all of› Aourcomprehensive
manufacturing locations was carried out in
Q4 2022 in order to evaluate their quality as aninclusive and friendly environment for female
operators.

91 %welcomed another female site manager at› WeLouisville this year and have also recruited
female production managers at Wiesbaden
and Drogenbos, to name a few.

locations such as Werndorf› Manufacturingand Wiesbaden have installed vacuum lifters,balancers and other ergonomics equipment
to assist colleagues in heavy-lifting tasks. Thishas opened the door to further recruitmentof female workers while also offering a betterworking environment to all.

programs with posters and in› Communication
collaboration with the sustainability team havegiven the topic of creating a diverse culture
higher visibility among frontline operators.

54

87 %

324

100

Increaseof female
new hires

50

200
28

10
9%

12 %

13 %

2020

2021

2022

OUR GOAL
Increase the pro­portion of womenin manufacturing at
allnex worldwide
to 16% by 2030

16%

allnex ESG Report 2023
OUR PEOPLE

Visible Efforts
for Change –A Crucial Sign for
Female Talent“I have always been fascinated by chemistry since I was a child.
I remember asking my grandmother at a street market to buy me myfirst volumetric flask instead of a doll when I was four years old. I am
impressed by allnex’s effort to improve diversity and inclusion,
particularly regarding women in production – that’s why I joined
the company.
The environment and culture will still need to be improved to fightoff stereotypes and attract more diverse people to join us. But I think
we are going in the right direction and I am happy to be part of thischange.”―GIULIA CAROLINA FANTON
Production Operator, Bassano, Italy“My passion for the chemical industry stems frommy secondary education, where I became aware of
my potential for studying natural sciences such as
chemistry and physics. This motivated me to major inchemical engineering and technology at university. I wasfortunate enough to land a job in the field of my choiceand started my career as a process engineer.

55“The chemical industry attracts themost intelligent, progressive and safetyminded people. Surrounding myself with
top talent is why I love working in thisindustry.

allnex has given me the opportunity to constantly
challenge myself at work – it fosters a performancedriven culture that helps us thrive, as well as providing afair and healthy working environment to cultivate talent.
This has been crucial for me to continue working for thecompany. ”

To make our manufacturing environment
more equitable and inclusive for thegenerations to come, there are manyideas we could work on, like creating amentorship program for women andminorities and conducting regular salary
reviews to eliminate gender gaps. I am gladthat allnex is currently on this journey.”―
JULIA ZHU
Plant Manager, Guangzhou, China―
CARLA MANNING
Site Manager, Louisville, USAGender diversity is good forbusiness growth, enhances
creativity and innovation,
improves decision making,increases productivity andboosts employee moraleand satisfaction. This is why
increasing the number ofwomen in leadership roles
is not just a question of fairness and equity.
In 2022, the percentage of women in leader­
ship positions stayed at 25%. In more thanhalf of our functions, the company goal has
already been reached.
We are still carrying the historical legacy
of being in a male-dominated industry but
are currently putting in focused resources
to recruit female talents and leaders,
particularly in the Business, Manufacturing
and R&D groups.

allnex ESG Report 2023
OUR PEOPLE

Striving for
Balance –Women in
Leadership

Leadership (Band A + Band B)(end of year 2022)		
Function

FemaleMale

MANUFACTURING

7%

93%

R&D

15%

85%

BUSINESS

18%

82%

OPERATIONAL EXCELLENCE

24%

76%

IT

29%

71%

SHE&Q

33%

67%

PROCUREMENT

38%

62%

SUPPLY CHAIN

41%

59%

FINANCE

44%

56%

LEGAL

50%

50%

STRATEGY

57%

43%

HR & COMMUNICATIONS

83%

17%

25%

75%

OVERALL

Key actions in 2022
to increase womenin leadership:
to build the talent› Continuing
pipeline and nurturing female
leaders within our company throughvarious programs.

up a training archive on› Building
our e-learning platform “EXPLORE”

on D&I topics. Top courses include“Actions needed to ensure Diversity
and Inclusion”, “Your Role in
Workplace Diversity”, “How inclusive
leaders create Workplace Diversity”
and “Diverse teams deliver results”.

OUR GOALS
Increase theproportion of womenin leadership roles atallnex worldwide to
35% by 2030
56

35%

allnex ESG Report 2023
OUR PEOPLE“allnex understands
the importance andvalue of women in
leadership roles!”“Believe in
yourself and becourageous!”

Encouraging
Stories –Female Leaders
at allnex“The chemical industry is an interesting
place for women. Despite the challenges, I’ve
seen women from all kinds of backgrounds
making significant strides in the industry,
breaking gender barriers and excelling invarious roles.
Personally, I’ve had a rewarding career inthis industry. You may be surprised if I tell
you I don’t have a chemistry background.
It is my curiosity and strategic thinking
that is helping me to learn fast, focus on
the critical factors and influence people tohelp the company to grow. You are able
to do the same. Believe in yourself and becourageous!”― ALEX JIANG
Director of Marketing Americas, USA“Research shows that companies withmore women on executive teams and insenior leadership roles outperform those
without and are more profitable. allnex
understands the importance and value of
women in leadership roles, and our diversity
goals support this mindset. Our progress
is intentional and through joint efforts
with the allnex global community we aremoving this dial in the right direction. Our
diligent focus on developing internal female
talent paired with a strong recruitment
strategy demonstrates our commitment toprogressing women into leadership roles.
As a member of the allnex HR community
and with our spirit of collaboration, we areunited globally in supporting our managers
by offering diversity training, building aware­ness and ensuring that our managers havethe tools to make impactful promotion andhiring decisions. All of these activities andmore support our desire to advance women
into leadership roles.”― TINA COLLINSHR Manager, Alpharetta and Willow Island,
USA, D&I Champion“As a leader in the company, I believe wehave to constantly involve our colleagues in
the conversation of diversity and inclusion.
That’s where the change will come, bothin the company culture and in the working
environment. In Austria, female employees
are legally allowed to lift only up to a
maximum of 15 kg in their jobs.
Therefore, it was highly challenging tohire any women on the production floor
at Werndorf, as most roles involve liftingmaterials above this threshold. But that
does not mean we can’t work on changing
the situation.
I am fortunate to have a team of colleagues
who are willing to find a solution together. In
2022, we introduced ergonomic equipmenton our production floor based on thetesting feedbacks from our colleagues. It’s
really important to involve our people in thedecision process.
They are the people who work with it, sothey know best. Moreover, the team has
also participated in the process of creating abetter working environment for ALL genders
in our company – this will further encourage
their engagement.
With such openness and proactiveness,
I believe our company will continuously
improve and welcome all kind of talents.”― MICHAELA SCHWEIGER
Production Manager, Werndorf, Austria

57

Creating an Inclusive
Workplace –And Celebrating theEnergy It Inspires
Creating a culture of diversity andinclusion involves fostering anenvironment that is equally welcoming
to individuals with disabilities.

Fabiola Sanchez is the Sales Manager
at allnex Mexico and a dedicated friend.
To support the UN’s International Day
of Persons with Disabilities and raiseawareness in the community, Fabiola
and her best friend Alejandra took partin a 3 km walk in Mexico City.

Motivated by Simone to be
active and passionate

Alejandra, who suffers from sclerosis, even­tually had to switch to a wheelchair due toher difficulty with walking long distances.
This, however, didn’t keep her from showing
her enthusiasm for the cause and challenge,
which the friends completed together withmany other participants.

Simone joined allnex in 2006 as a Data Entry Specialist
and now is one of our Facilities Assistants. Simone has
been living with a motor disability since he was a teen­
ager. Despite the many difficulties in his life, Simone
never gives up, always tries his best and looks foropportunities to develop his professional skills.

When we talk about inclusion of people with disabilities
in the workplace, our goal is much more than just hiringthem. It is to give employees with disabilities an equal
opportunity to learn, train, thrive and succeed.

As in previous years, employees were encouraged totake part in allnex’s 2022 Virgin Pulse Go challenge,
in which teams competed for the highest number ofwalking steps to support a tree-planting initiative .
Simone was among the leaders of a team from Italy andworked very hard to support the initiative. His passion
inspired many colleagues to actively contribute to theamazing numbers of steps achieved by the Italian site.

Here are some of the stories colleagues with and without
disabilities have submitted to raise awareness for the topic:

Understanding theworld of silence with
Antonella
Antonella Loliscio (right) is part of the
Bassano team in Italy. She was born deaf
and has been communicating with hercolleagues mostly through texts.

A
58

L

L

N

E

X

To better understand Antonella’s world,
Rafaella Faccio (left) and the local teamorganized a series of weekly sign language
lessons for her colleagues. This initiative was
met with great enthusiasm, and the teamcontinues progressing with weekly lessons.

allnex ESG Report 2023
OUR PEOPLE

True friendshipgoes a long way

allnex ESG Report 2023
OUR PEOPLE

Treeplanting at Indian Mahad sitefor Primavera Day

Employee
Engagement:
Key Achievements
Presenting sustainability data using a
giant poster at Bassano site

Rayong site colleague preparing veggie
lunch box for Primavera Day

Engaging
Employees Globally –With Fun Activities andStrong Determinationin 2022

continued the agility journey we started in 2020. Supported by an external› We
partner, we track, reflect on and invest in the creation of a culture where people are
empowered to make decisions and adopt an entrepreneurial mindset in their roles.

invests heavily in helping functional and cross-functional teams› allnex
collaborate even more efficiently. In 2022, we provided over 40 workshopsthat allowed team members to get to know each other better, tap into each other’s
strengths, work together more closely across functions and distance, or get started
in a new team setup with a new leader.

from supporting our local HR colleagues in organizing engagement and team› Apartbuilding activities at their respective locations, we launched several company-wide
engagement initiatives to promote sustainability, health and wellbeing.

programs are core to our employee engagement strategy. With our allnex› Recognition
AllStar Award program, special recognition awards (SRA’s) and other similar initiatives,
we give respect, reward and appreciation to our outstanding colleagues.

continue to support our colleagues in difficult times through the Employee› We
Assistance Program (EAP), a no cost service to assist with various challenges in life
available to our global workforce.

The pressure to attract and retain top talent
has never been greater. Employee engagement has emerged as a key differentiator
for fostering a highly motivated, productive
and committed workforce.

our engagement efforts, in Q1 2023 we conducted the first company› Towidefine-tune
Employee Engagement Survey to gain insights into the expectations andneeds of our colleagues. Over 80% of them participated in the survey, and eachteam is tasked with discussing the results and identifying steps for further improving
engagement levels.

For this reason, allnex is dedicated to cultivating a sense of co­nnec­
tion between employees, their work, the company’s mission andvalues, and society at large. Our goal is not simply to increase theproductivity, innovative power and profitability of our organization.
We also want to have a transformative impact beyond the walls of
our company.

Tree-planting activity
at Melaka site.

59online Code of Conduct training

Investing in
Our Teams –Results from Our
Learning and Training
Programs

2022, we created a globally standardized e-learning› Incourse
for the allnex Code of Conduct. The course wasmade available to all employees worldwide through ouronline learning platform EXPLORE and offered in 15 different
languages.

took the opportunity to work with local site
› We
managers and HR colleagues to promote the global
platform among employees, especially frontline site
operators who often have little experience with digitallearning.

to the excellent preparation at all sites which› Thanks
ensured universal access to computers and comprehensive

By offering a wide variety of learning
programs and opportunities to ouremployees, we are empowering themwith confidence, professional knowledge and competence to pursue
their professional goals, enhancetheir performance and make an
impact in the company.
A newly renovated computer room for our colleagues at the
Ponta Grossa manufacturing location.

marked an important milestone as we prepare› Thisfor further digitization of learning in 2023. Our

projects include partnering with a new content provider,
OpenSesame, to extensively upgrade our library as well as
streamlining the digital tracking of courses and trainings
completed by our employees.

In 2022, we provided a total number of 52,972 training
hours globally encompassing functional training,
external training, internal training, safety training,
compliance training, online courses, workshops, andon-the-job training.

Total number oftraining hours:

Average training
hours per employee:

Total number of learning
content available:

34,6778

25,049 items

1

1

60

support in using the plaform, an amazing 100% of
employees completed the Code of Conduct e-training
in just 4 months.

 his covers only training recorded on our digital tracking platform EXPLORE in 2022. Since 2023, focused effort has
Tbeen put to streamline the digital tracking process of all courses, including any on-site off-line training.

2

2

Learning items are in different formats, including videos, book summaries, presentations and interactive quizzes

allnex ESG Report 2023
OUR PEOPLE

100% completion rate of ourallnex ESG Report 2023
OUR PEOPLE

Nurturing Stars
and Leaders –Training for Present
and Future Managers

Global Talent
Programs

Emerging Leaders
Grooming mid-level leaders with high potential
allnexT
Preparing junior level leaders with high leadership
potential

They are specifically curated to equip our talentswith the skills and knowledge necessary to build andmaintain high-performing teams, drive innovation andgrowth, and successfully navigate the challenges oftoday’s business world.

Corporate Trainee Program
High-potential talents fresh from university build
practical skills through job rotations, training andmentoring during this 18 month program.

Furthermore, rigorous in-person training programs
are conducted for promising leaders in the Americas,
EMEA, and Asia Pacific regions annually. These
programs facilitate valuable interactions with theirpeers and offer skill enhancement opportunities
tailored to the local context.

Total number of leaders andtalents nurtured in 2022: 49

We also offer specific support for our managers,
guiding them through the career journey from beinga first-time manager to a senior leader.

Regional training
Face-to-face intensive training for regional leaders

Total number of participantsin 2022: 58
61

For the rising stars and leadersin the allnex community, we have
3 Global Talent Programs that
occur every year.

In 2022, as allnex underwent an organizational
adjustment, 20 New Manager Assimilation workshops
and 6 insights Leadership Effectiveness Workshops
were held to ensure that our leaders and managers
were well-equipped to guide their teams through thistransition.
Additionally, we conducted two rounds of pulse
surveys to collect feedback and identify opportunities
for providing further support.

(From top to bottom) Emerging Leaders Training in APAC, US and EMEAOne Big Global
Community –Digital Networking andExperience Exchange

We know our employees enjoy getting in touch with colleagues aroundthe world who have different cultural
backgrounds and professional
strengths.
This is why we offer them two
unique channels to connect, learn
and guide one another on theircareer journey at allnex.

CoffeeMystery Coffee offers the advantage
of meeting colleagues from different
functions across the globe, enabling our
employees to expand their network atallnex. They can engage in conversations
about topics that interest them andtheir peers, fostering a unique cultural
exchange and friendly dialogue.

Total participantsin 2022: 228

The
XCHANGEThe Xchange platform facilitates
flexible learning and knowledge
sharing throughout the orga­
nization. Employees can opt toassume the role of a Guide, aLearner, or both, and can selectthe specific skills they wish toacquire from or share with theirfellow colleagues.

Total participantsin 2022: 327(Female 154, Male 173)62

“Sometimes all you need is a little push fromsomeone to know your potential. So don’t
doubt yourself, share your thoughts, and you’ll
be surprised with the outcomes!”―

HASLINA HISHAMUDDIN,
Development Chemist
LRA LEARNER for ‘Cultural Awareness Basics’―

ROBERT WATSON,
Director Marketing andInnovation Excellence
GUIDE for ‘Cultural
Awareness Basics’“Haslina and I met through the Xchange
program in October 2021, and the mainthing Haslina was looking for was how
to get involved more with her team andthe wider group at the Malacca site andbuild her confidence. After a couple of
Xchange discussions on tips and a little
presentation on the work she was doing,
Haslina realized she had that confidence
and courage to get involved – she waschosen to be MC for a big corporate
event at Malacca. This was a wonderfulachievement for Haslina and shows thepower of the Xchange program. And it
goes without saying how very proud I amof Haslina!”

allnex ESG Report 2023
OUR PEOPLE

Mysteryallnex ESG Report 2023
OUR PEOPLE

Indonesian colleagues dressed in theirlocal traditional costumes for theircharity walk to support sustainability.

Key Topics
for Primavera
2022

Primavera Day –Our Day for
Celebrating
Earth and Ethics
Primavera is an initiative allnex organizes each year to engage employees on the topic of sustainability andrefresh their focus on the company’ssustainability goals for 2030.

63

In 2022, under the theme “Happy Planet, Happy People”, theinitiative centered on social topics and wellbeing in addition tosustainability.
At all our locations, a variety of activities were organized for June 7,
aimed at providing a clearer understanding of our sustainability
goals and how to contribute to them. The activities ranged fromtree planting, walkathons and vegetarian lunches to community andsite cleaning activities, recycling projects and town halls.

of CO› Reduction
Emissionand› Diversity
Inclusionand› Health
Well-being

2

allnex ESG Report 2023
OUR PEOPLE

Timestamp
Certiﬁcate

This timestamp was
created with Ethereum

Allnexplanted 5556 trees with impact
Year: 2022
Certificate number: 22-917

Antoine Geerinckx
Co-Founder Go Forest

Timestamp
Comment:

Sarah Parent
Co-Founder Go Forest

Jan-18-2023 18:00:23 UTC
allnex_goforest_22-917_5556_Italy_187.pdf

Hash:89da5414c4bd6c9417539700ce9bf9a3b0eeea0e3b90ec3eeb085c315d536ca3

Transaction:
0xccfa6cb8587954a077823f26002bab5c07279bd47d43f387dbb0c0a9c7971270

Root Hash:
3269dd32e4a2c973cd15deb7ad801996db08b6c48fbd7f15c2225cbab214c3f7
Click here to verify your timestamp.
This certiﬁcate is only valid in combination with the original ﬁle and OriginStamp's open procedure. More information on https://verify.originstamp.com.

Trees planted:

5,556

Planting
Trees with
Our Steps –Combining
Exercise with
Climate Action

Since 2020, we have beenoffering our employees totake part in the “Virgin Pulse
Go Challenge” each summer
with the aim of promoting
physical activity and healthy
habits.
Accessed via a professional health platform,
the challenge lets employees join a friendly
competition to record the number of steps
taken (or any other physical activity) over a
9-week period.
Due to the positive response, we added a
climate action element to the challenge in
2022, linking the total steps and distance64

achieved to a donation to “Go Forest”, a wellknown tree-planting organization dedicatedto reforestation projects in Europe, SouthAmerica and other regions.
Inspired by this worthy cause, allnex’s
employees covered an amazing combined
distance of 343,203 km globally, leading to adonation of EUR 25,000 to “Go Forest”.
As of Q1 2023, around 6,000 trees havebeen planted in the Rufina region in
Italy. Helping to create a more diverse,
broadleaved and natural forest, themeasure will ultimately make the region
more resilient to climate change.
Click here for a satellite view of the sites
and our blockchain-stamped certificate.

allnex ESG Report 2023
OUR PEOPLE

Vanitcha Jiat
rakul ,
Thailand

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Ji
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t
Vani and
Thail

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t
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CocktailPeteris Petuhovs,
Latvia

‘
s
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P
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Peter
“
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l
w
o
b
a
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„AutumnAree
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‘s
Prik
Ong

Hop Nguyen Th,
VietnamOur Recipe for
Health & Happiness –Sharing the Delicious
Diversity of Our
Backgrounds
65
65

Hop
Ngu
Ste
am yen Thed
Cab ‘s
bag
e

Rol
ls

One of the biggest perks of working at allnex is the opportunity toconnect with colleagues worldwide
from different cultural backgrounds.
To encourage healthy eating habits and celebrate thediversity of our workforce, the “Employee Assistance
Program” team organized the global recipe-sharing
campaign “What’s Cooking at allnex” in 2022.

An impressive 89 recipes were collected, show­casing
regional and cultural specialties and revealing a hidden
treasure of culinary creativity and talent.
Before the end-of-year festivities, an e-book with over
30 selected recipes was compiled to share the great
variety of submissions. The recipes in the book were also
linked to the “Employee Assistance Program” platform
which is supported by healthcare services provider
Optum to give readers access to a greater pool of healthrelated information.

allnex ESG Report 2023
APPENDIX

Appendix

67

Legal

67

Procurement		

67

Energy

68

Water

69

GHG

70

Waste

72

Safety74

GRI Indices2022
Total number and percentage of operations assessed for risks related to corruption

0

Total number of confirmed incidents of corruption

0

Total number of confirmed incidents in which employees were dismissed or disciplined for corruption

0

Total number of confirmed incidents when contracts with business partners were terminated or not renewed due to violations related to corruption

0

Public legal cases regarding corruption brought against the organization or its employees

0

Number of legal actions pending or completed regarding anti-competitive behavior and violations of anti-trust and monopoly legislation in which the organization has been identified as a participant0

Total number of incidents of discrimination0

Number of confirmed legal actions reported

2

Fines paid due to compliance issues

0

Procurement
Proportion of renewable materials used to produce and package the organization’s primary products

2021

2022

4.8%

4.8%

Energy
2019

2020

2021

2022

Energy consumption from non-nenewable fuel types *MWh804,384

765,016

746,276

863,579

832,100

Energy consumption from renewable fuel types

MWh

―

―

―

0

0

Total purchased electricity

MWh211,800

198,702

198,476

201,797

196,477

Purchased cooling

MWh

―

―

―

0

0

Purchased heat

MWh

―

―

―

0

347

Purchased steamMWh207,342

176,870

170,653

173,179

163,322

Total energy

MWh1,223,526

1,140,588

1,115,405

1,238,610

1,192,435

Total allnex energy including self-generated renewables **MWh1,223,526

1,140,588

1,115,405

1,194,304

1,147,298

Energy from utilities sold to tenants

MWh

―

―

―

44,30745,137

1,320

1,336

1,342

1,270

1,369

allnex energy intensity ratio by production volume*Includes energy from utilities sold to tenants for 2021 and 2022 / **Excludes energy from utilities sold to tenants

67

2018

kWh/tonne

allnex ESG Report 2023
APPENDIX

Legal

2018

2019

2020

2021

2022

m3

6,405,497

6,279,405

6,230,529

5,639,759

5,330,597

Municipal water supplies or other water utilities

m3

―

―

―

1,236,293

3,169,176

Groundwater

m3

―

―

―

2,582,631

2,034,075

Produced water

m3

―

―

―

2,619

0

Rainwater collected directly and stored by the organization

m3

―

―

―

8,466

6,385

Seawater

m3

―

―

―

0

0

Surface water

m3

―

―

―

224,574

120,960

Unspecified water withdrawal

m3

6,405,497

6,279,405

6,230,529

1,585,177

0

m3

―

―

―

297,431

275,431

Municipal water supplies or other water utilities from a water stress area

m3

―

―

―

225,274

153,610Groundwater from a water stress area

m3

―

―

―

0

0

Produced water from a water stress area

m3

―

―

―

0

0

Rainwater collected directly and stored by the organization from a water stress area

m3

―

―

―

559

861

Seawater from a water stress area

m3

―

―

―

0

0

Surface water from a water stress area

m3

―

―

―

71,598120,960

m3

―

―

―

3,854,386

4,951,827

Municipal water supplies or other water utilities / water total

m3

―

―

―

1,218,955

3,073,236

Groundwater

m3

―

―

―

7,804

0

Seawater

m3

―

―

―

0

0

Surface water

m3

―

―

―

2,627,627

1,878,591

Volume of the municipal water supplies or other water utilities / water total
sent for use to other organizations

m3

―

―

―

33,21225,452

Total water discharge to a water stress area

m3

―

―

―

189,584

340,638

Total water consumption

m3

―

―

―

3,289,291

2,699,019

Total water consumption within a water stress area

m3

―

―

―

178,875

97,493

Water withdrawal
Total water withdrawal

Total water withdrawal from a water stress area by source

Water discharge
Total water discharged

Water consumption

68

allnex ESG Report 2023
APPENDIX

Water

2018

2019

2020

2021

2022

Direct (Scope 1) GHG emissions
GRI Scope 1 emissions

tCO2e

―

―

―

162,594

162,125

allnex Scope 1 emissions (excl. emissions from utilities sold to tenants)

tCO2e

149,981

142,351

138,677

156,102

155,533

Scope 2 emissions (location-based)

tCO2e

119,597

104,993

103,980

109,562

99,271

Scope 2 emissions (market-based)

tCO2e

136,757

120,397

86,18590,771

70,511tCO2e/tonne

0.31

0.31

0.27

0.26

0.27

metric ton

927,105

853,992

830,909940,556

838,114NOx

kg

222,067

194,091

183,720

177,735

158,357

SOx

kg

4,094

3,832

2,532

2,463

3,057

Persistent organic pollutants (POP)

kg

―

―

―

7

0

Volatile organic compounds (VOC)kg

48,66941,332

41,459202,614183,015

Hazardous air pollutants (HAP)

kg

―

―

―

39,05341,450Particulate matter (PM)

kg

―

―

―

9,767

9,536

Energy indirect (Scope 2) GHG emissions

GHG emissions intensity
CO2e emissions intensity ratio by production volume
Production volume
Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emission

69

allnex ESG Report 2023
APPENDIX

GHG

2018

2019

2020

2021

2022

metric ton

64,72963,33064,43074,501

69,546

metric ton

276

294

330

10,275

11,236

metric ton

―

―

―

3,452

6,887

Hazardous waste recycled

metric ton

―

―

―

2,078

2,648

Hazardous waste reused

metric ton

―

―

―

698

1,719

Other recovery operations (hazardous)

metric ton

―

―

―

676

2,519

Non-hazardous waste diverted from disposal

metric ton

276

294

330

6,824

4,349

Non-hazardous waste recycled

metric ton

―

―

―

1,755

1,476

Non-hazardous waste reused

metric ton

―

―

―

277

2,480

Other recovery operations

metric ton

―

―

―

4,792

393

Non-hazardous waste recycled (onsite)

metric ton

―

―

―

0

0

Non-hazardous waste reused (onsite)

metric ton

―

―

―

0

0

Other non-hazardous waste recovery operations (onsite)

metric ton

―

―

―

0

0

Hazardous waste recycled (onsite)

metric ton

―

―

―

0

0

Hazardous waste reused (onsite)

metric ton

―

―

―

0

0

Other hazardous waste recovery operations (onsite)

metric ton

―

―

―

38

0

Non-hazardous waste recycled (offsite)

metric ton

―

―

―

1,755

1,476

Non-hazardous waste reused (offsite)

metric ton

―

―

―

277

2,480

Other non-hazardous waste recovery operations (offsite)

metric ton

―

―

―

4,792

393

Hazardous waste recycled (offsite)

metric ton

―

―

―

2,078

2,648

Hazardous waste reused (offsite)

metric ton

―

―

―

698

1,719

Other hazardous waste recovery operations (offsite)

metric ton

―

―

―

637

2,519

Waste generated
Total weight of hazardous and non-hazardous waste
Waste diverted from disposal
Total waste diverted from disposal
Hazardous waste diverted from disposal

Onsite diverted from disposal

Offsite diverted from disposal

70

allnex ESG Report 2023
APPENDIX

Waste

2018

2019

2020

2021

2022

metric ton

64,45363,036

64,10064,22658,310metric ton

32,82830,47732,56338,31539,625

Hazardous waste incinerated (with energy recovery)

metric ton

―

―

―

25,80218,006

Hazardous waste incinerated (without energy recovery)

metric ton

―

―

―

4,297

7,850

Hazardous waste landfilled

metric ton

―

―

―

811

1,308

Hazardous waste on-site storage

metric ton

―

―

―

229

369

Other disposal operations (hazardous)

metric ton

―

―

―

7,175

12,092Non-hazardous waste directed to disposal

metric ton

31,62432,55931,53725,911

18,685Non-hazardous waste incinerated (including energy recovery)

metric ton

―

―

―

5,251

2,377

Non-hazardous waste incinerated (without energy recovery)

metric ton

―

―

―

48

2,456

Non-hazardous waste landfilled

metric ton

―

―

―

11,468

6,866

Other disposal operations

metric ton

―

―

―

9,144

6,985

Non-hazardous waste landfilled (onsite)

metric ton

―

―

―

0

1

Non-hazardous waste incinerated with energy recovery (onsite)

metric ton

―

―

―

0

1

Non-hazardous waste incinerated without energy recovery (onsite)

metric ton

―

―

―

0

0

Other non-hazardous waste disposal operations (onsite)

metric ton

―

―

―

0

0

Hazardous waste landfilled (onsite)

metric ton

―

―

―

0

0

Hazardous waste incinerated with energy recovery (onsite)

metric ton

―

―

―

6,335

4,487

Hazardous waste incinerated without energy recovery (onsite)

metric ton

―

―

―

160

1,687

Mixed/unspecified

metric ton

―

―

―

229

369

Other hazardous waste disposal operations (onsite)

metric ton

―

―

―

0

0

Waste directed to disposal
Total waste directed to disposal
Hazardous waste directed to disposal

Onsite directed to disposal

71

allnex ESG Report 2023
APPENDIX

Waste

2018

2019

2020

2021

2022

Offsite directed to disposal
Non-hazardous waste landfilled (offsite)

metric ton

―

―

―

11,4686,865

Non-hazardous waste incinerated with energy recovery (offsite)

metric ton

―

―

―

5,251

2,377

Non-hazardous waste incinerated without energy recovery (offsite)

metric ton

―

―

―

48

2,456

Other non-hazardous waste disposal operations (offsite)

metric ton

―

―

―

9,144

6,985

Hazardous waste landfilled (offsite)

metric ton

―

―

―

811

1,308

Hazardous waste incinerated with energy recovery (offsite)

metric ton

―

―

―

19,46813,519Hazardous waste incinerated without energy recovery (offsite)

metric ton

―

―

―

4,137

6,163

Other hazardous waste disposal operations (offsite)

metric ton

―

―

―

7,175

12,092

2022

2022

NumberRate

The number and rate of fatalities as a result of work-related injury

0―

The number and rate of high-consequence work-related injuries (excluding fatalities)

10

The number and rate of recordable work-related injuries

20

0.52

The number of hours worked: Employees, hours

7,750,815―

Work-related injuries: contractors

NumberRate

The number and rate of fatalities as a result of work-related injury

0―

The number and rate of high-consequence work-related injuries (excluding fatalities)

00

The number and rate of recordable work-related injuries

12

0.77

The number of hours worked: Contractors, hours

3,107,531―

Work related illnesses: employees and contractors

NumberRate

The number of fatalities as a result of work-related ill health0―

The number of allnex recordable occupational illness

0―

SafetyWork-related injuries: employees

72

allnex ESG Report 2023
APPENDIX

Waste

Female(Count)Male(Count)Female %Male %

Male(Count)Female %Male %

Employees

FemaleMale

New Hires (incl. Acq.)

Band A +B

25.4%

74.6%

By age group

Under 30

100.0%

0.0%

Under 30

53

160

25%

75%

Under 30

32

67

32%

68%

30–50

34.5%

65.5%

30–50

102

256

28%

72%

30–50

85

145

37%

63%

50+

15.4%

84.6%

50+

8

35

19%

81%

50+

21

87

19%

81%

Band C

46.1%

53.9%

By region

Under 30

52.9%

47.1%

Americas

40

118

25%

75%

Americas

18

85

37%

63%

30–50

48.6%

51.4%

Asia Pacific

67

196

25%

75%

Asia Pacific

47

92

19%

81%

50+

32.0%

68.0%

EMEA

56

137

29%

71%

EMEA

73

122

32%

68%

Band D

38.7%

61.3%

Under 30

37.5%

62.5%

30–50

40.5%

59.5%

50+

37.0%

63.0%

Employees receiving regularperformance and careerdevelopment review

Band E

4.3%

95.7%

Employee Category

Under 30

6.5%

93.5%

30–50

3.6%

50+
Grand Total

By age group

By region*Data (Headcount) based on period 01.01.2022–31.12.2022. All regular, active employees (same approach as in headcount report).

*Data (Headcount) based on period 01.01.2022–31.12.2022. All regular employees (same approach as in headcount report).

% eligible

Female %Male %

Leadership (Band A & B)

100%

25%

75%

96.4%

Salaried Professionals (Band C)

100%

45%

55%

4.3%

95.7%

Other white collars (Band D)

79%

40%

60%

24.5%

75.5%

Blue collars (Band E)

56%

4%

96%

Overall

78%

29%

71%

*Data (Headcount) on year end with age at the end of the year. All regular employees (Active
and also On Leave. Same approach as in headcount report). Age bands: Under 30 (less than30), 30–50 (30 up to 50), 50+ (51 and up).

Terminations

Female(Count)*Excluding joint ventures

Governance Body 2022
Total numberof board
members% of board members by gender273% of board members by age group

FemaleMale

Non-binary

Under 30 years old

30–50 years old

Above 50 years old

0%

100%

0%

0%

0%

100%

allnex ESG Report 2023
APPENDIX

SocialGRI standard

Disclosure title

allnex disclosure

The organization and its reporting practices
2.1

Organizational details

ESG report 2023 (p. 11), allnex at a glance/There For You Where You Need Us – Our Global Footprint
Legal Name: Allnex Holding GmbHNature of ownership: Corporate ownership (no individual or personal ownership), limited liability ownership

2.2

Entities included in the organization’s sustainability
reporting

ESG report 2023 (p. 11), allnex at a glance/There For You Where You Need Us – Our Global Footprint

2.3

Reporting period, frequency and contact point

Calendar year 2022

2.4

Restatements of information

Energy consumption and emission volume 2021 data was updated during a third party verification audit, which was completed after
the 2021 ESG report was published. Data inaccuracies were corrected and additional refrigeration losses were accounted for.
Water withdrawal and waste 2021 data was updated during an internal review, were discrepencies were corrected.

2.5

External assurance

External limited assurance of the several indicators was conducted. Our engagement in this context relates solely to the disclosuresdenoted with the symbol "V".
Full assurance statement from the audit of our non-financial data can be found on allnex website > (section "Certificates" >).

Activities and workers
2.6

Activities, value chain and other business relationships

ESG report 2023 (p. 11), allnex at a glance/There For You Where You Need Us – Our Global Footprint
ESG report 2023 (p. 12), allnex at a glance/Sales, Staff & Segments – Key Company Numbers for 2022

2.7

Employees

ESG report 2023 (p. 52), Our People/Ensuring Openness and Creativity – Through Diversity and Inclusion

2.9

Governance structure and composition

2.12

Role of the highest governance body in overseeing themanagement of impacts

2.13

Delegation of responsibility for managing impacts

2.14

Role of the highest governance body in sustainability
reporting

ESG report 2023 (p. 73), Appendix/Governance
The allnex corporate governance structure assures that allnex within the meaning of sec. 17 et seq. German Stock Corporation Act(Aktiengesetz) (the “allnex Group”) is managed in the most sustainable way and as such secures the value of the allnex Group in thelonger term. The allnex governance model aims to focus on economical, ecological and social benefits of all its stakeholders and society.
allnex governance structure:
The Boards of Directors – the highest management bodies of the allnex Group are the Boards of Directors of the allnex groupholding company (Allnex Holding GmbH) and of the allnex group management company (Allnex Management GmbH). The Boardsof Directors have 4 regular meetings per year, having agenda of the general business and financial update, including an update onallnex’s sustainability agenda and strategy.
The Advisory Committee – has an advisory function.
The Management Team – appointed by the CEO and is regularly reviewing the performance of the allnex Group based on defined KPIs.
The Talent and Remuneration Committee – is assisting the Board of Directors at the level of PTTGC International in evaluating thecompensation plans, overseeing the allnex Group’s nomination process, reviewing the performance of the management and key
employees and recommending relating to the remuneration.
The Audit Committee – reviews audit and financial matters and related topics.
The Compliance and Ethics Committee – meets on a quarterly basis according to a fixed agenda to review standard compliance andethics related topics. Is chaired by the CFO.
The D&I Committee – reflects on D&I initiatives and targets, and supports the organization with the successful implementation. It ischaired by the Senior VP HR, who is a member of the Management Team. The D&I Committee meets at minimum on a bi-annual
base according a fixed agenda.
The Compensation & Benefits Committee - assists the Talent and Remuneration Committee and to decide on broad-based
remuneration/benefit topics.
The Sustainability Department - advices the Board of Directors of the Company on the Sustainability Strategy. Is headed by the
Sustainability Director.

Governance74

Auditedallnex ESG Report 2023
APPENDIXGRI INDICESGRI standard

Disclosure title

allnex disclosure

Strategy, policies and practices
2.22

Statement on sustainable development strategy

ESG report 2023 (p. 4), Great Things Achieved, More Work Ahead – Message from Miguel Mantas, CEO of allnex,
ESG report 2023 (p. 5), Using Our Synergies to Foster Success and Sustainability – Message from Dr. Kongkrapan Intarajang, CEO
and President of GC

2.23

Policy commitments

ESG report 2023 (p. 37), ESG Performances in 2022/Ethics and Compliance – A Steadfast Dedication to Doing Right

2.24

Embedding policy commitments

ESG report 2023 (p. 15, 18, 20–22), Our Sustainability Approach

2.26

Mechanisms for seeking advice and raising concerns

allnex provides 2 channels for employees to report concerns, complaints or non-compliance:– Going directly to your supervisor or any other person of trust within allnex (HR, Finance, Compliance, etc.)– allnex hotline available 24 hours a day 365 days a year in multiple languages. The hotline also offers the possibility to report via
their website (www.lighthouse-services.com/allnex) or e-mail (reports@lighthouse-services.com).

2.27

Compliance with laws and regulations

ESG report 2023 (p. 67), Appendix/Legal

2.28

Membership associations

ESG report 2023 (p. 23), Our Sustainability Approach/Membership in “Together for Sustainability”
ESG report 2023 (p. 21), Our Sustainability Approach/Materiality Deep Dive – The Why and How of Each Priority Focus Topic

Stakeholder engagement
2.29

Approach to stakeholder engagement

ESG report 2023 (p. 59), Our People/Engaging Employees Globally – With Fun Activities and Earnest Purpose
ESG report 2023 (p. 23), Our Sustainability Approach/Membership in “Together for Sustainability”
ESG report 2023 (p. 14), Our Sustainability Approach/Convincing Others of Our Goals – Our Sustainability Philosophy and Strategy
ESG report 2023 (p. 24), Our Sustainability Approach/Spreading the Word: Our 2022 Sustainability Conference
ESG report 2023 (p. 25), Our Sustainability Approach/Spreading the Word: Our Sustainability Podcast
On top of that, Internal and external stakeholder:– are consulted in our double materiality analysis– have access to the ESG report via our website

Collective bargaining agreements

Rate of employees covered by CLA/CBA/Sector Agreeements – 71%

3.1

Process to determine material topics

ESG report 2023 (p. 19), Our Sustainability Approach/Considering Both Sides of Each Topic – Our Double Materiality Matrix
The entire conducted analysis was performed involving a broad selection of internal stakeholders via an online survey, external
stakeholders via workshop sessions (direct raw material suppliers, indirect suppliers (energy, packaging), customers, university,
people representing society, industry representatives) and the allnex Management Team to select the material topics for thecompany based on the material threshold.

3.2

List of material topics

ESG report 2023 (p. 20–22), Our Sustainability Approach/Materiality Deep Dive – The Why and How of Each Priority Focus Topic

3.3

Management of material topics

ESG report 2023 (p. 20–22), Our Sustainability Approach/Materiality Deep Dive – The Why and How of Each Priority Focus Topic
ESG report 2023 (p. 18), Our Sustainability Approach/The Future We Strive For – Our Mid- and Long-Term Goals

2.30
Material topics

75

Auditedallnex ESG Report 2023
APPENDIXGRI INDICESGRI standard

Disclosure title

allnex disclosure

GRI 201: Economic performance
201 - 2Financial implications and other risks and opportunities
due to climate change

Risks and opportunities due to climate change allnex faces:– Not meeting legal requirements resulting in important fines and reputational damage– Not meeting customer requirements and putting important CM at stake and such destroying the value of our company– Failure to meet our public commitments
Not to let it happen:– Green electricity sourcing strategy in place (Scope 2)– Scope 1: transition plan to step away from fossil resources (reduction and reorientation towards renewables)– Scope 3: company baseline will be mapped in 2023 and a public reduction target will be comminacted– Scope 3: detailed cradle to gate product carbon footprint calculations vor every finished product and production site combination
using an automted tool (starting in 2023 and fully implemented by end 2024)– Driving focus on CSRD/GRI compliant reporting.

GRI 205: Anti-corruption
205 - 1

Operations assessed for risks related to corruption

ESG report 2023 (p. 67), Appendix/Legal

205 - 2

Communication and training about anti-corruption policies
and procedures

In 2022 all employees were invited to take the Code of Conduct refresher training (which includes anti-bribery and anti-corruption
training) and completed it, achieving a global result of 100%.

205 - 3

Confirmed incidents of corruption and actions taken

ESG report 2023 (p. 67), Appendix/Legal

GRI 206: Anti-competitive behavior
206 - 1

Legal actions for anti-competitive behavior, anti-trust, andmonopoly practices

ESG report 2023 (p. 67), Appendix/Legal

GRI 301: Materials
301 - 1

Materials used by weight or volume

ESG report 2023 (p. 67), Appendix/Procurement

301 - 2

Recycled input materials used

Today the recyled input for 'direct' raw materials is limited, however, allnex is actively scoping the market for options and has somegreat examples launched recently and mutltiple under development. This is perfetcly in line with our strategy and material topics.

302 - 1

Energy consumption within the organization

ESG report 2023 (p. 67), Appendix/Energy

302 - 3

Energy intensity

ESG report 2023 (p. 67), Appendix/Energy
ESG report 2023 (p. 33), ESG Performances in 2022/Energy – Reduce and Redirect to Renewable

302 - 4

Reduction of energy consumption

ESG report 2023 (p. 33), ESG Performances in 2022/Energy – Reduce and Redirect to Renewable
ESG report 2023 (p. 48), Operational Approach/Sustainable Energy Use – A Goal We Pursue With Great Energy
Base year – 2018. All energy types are included, calculation includes Scope 1 and Scope 2 only.

GRI 302: Energy

76

Auditedallnex ESG Report 2023
APPENDIXGRI INDICESGRI standard

Disclosure title

allnex disclosure

AuditedGRI 303: Water & effluents
303-3

Water withdrawal

ESG report 2023 (p. 68), Appendix/Water
The amount of water considered freshwater has not been determined at this time.

303-4

Water discharge

ESG report 2023 (p. 68), Appendix/Water
The amount of water considered freshwater has not been determined at this time.

303-5

Water consumption

ESG report 2023 (p. 68), Appendix/Water

GRI 305: Emissions
305 - 1

Direct (Scope 1) GHG emissions

ESG report 2023 (p. 69), Appendix/GHG

V

305 - 2

Energy indirect (Scope 2) GHG emissions

ESG report 2023 (p. 69), Appendix/GHG

V

305 - 4GHG emissions intensity

ESG report 2023 (p. 69), Appendix/GHG
ESG report 2023 (p. 32), ESG Performances in 2022/On Our Way to Low Carbon – Achievements in CO2 Reduction

305 - 5

Reduction of GHG emissions

ESG report 2023 (p. 32), ESG Performances in 2022/On Our Way to Low Carbon – Achievements in CO2 Reduction
Base year – 2018. All energy types are included, calculation includes Scope 1 and Scope 2 only.

305 - 6

Emissions of ozone-depleting substances (ODS)

allnex does not produce or export ODS, they only use them in refrigeration systems.
Based on the current list of ODS that we are using, only one has an ODP value in the Montreal Protocol, R22.
Emission factors are sourced from the Montreal Protocol.
ODS amounts are reported annually, by ODS type based on the amount recharged into a system during maintenance. These
numbers are then used in the ODP calculator provided by the UN environment program.
OPD total for 2022 = 7 kg

305 - 7

Nitrogen oxides (NOx), sulfur oxides (SOx), and othersignificant air emissions

ESG report 2023 (p. 69), Appendix/GHG

306 - 1

Waste generation and significant waste-related impacts

allnex generates a variety of wastes including non-hazardous, industrial and hazardous waste. These wastes are generated througha variety of activities including, but not limited to, normal production, turn-around and production cleaning, off-spec batch, expired
raw materials, quality testing and R&D activities.
Waste that is included refers only to waste generated in the organization’s own activities.

306 - 2

Management of significant waste-related impacts

ESG report 2023 (p. 70), Appendix/Waste
Waste disposal is carried out in accordance with country-specific requirements. Determination of waste disposal method is based
primarily on information provided by disposal service providers.

306 - 3

Waste generated

ESG report 2023 (p. 70), Appendix/Waste

306 - 4

Waste diverted from disposal

ESG report 2023 (p. 70), Appendix/Waste

306 - 5

Waste directed to disposal

ESG report 2023 (p. 71), Appendix/Waste

GRI 306: Waste

77

allnex ESG Report 2023
APPENDIXGRI INDICESGRI standard

Disclosure title

allnex disclosure

GRI 308: Supplier environmental assessment
308 - 1

New suppliers that were screened using environmental
criteria

ESG report 2023 (p. 36), ESG Performances in 2022/Screening for Sustainability – Our Supply Chain and Procurement Policy
Test phase with 40 suppliers being screened in Q4 2022, representing 100% of new suppliers. Process is set up in Q1 2023 androlled out in Q2 2023.
Part of our onboarding process is to evaluate our suppliers through a series of criteria in order to approve new suppliers. One ofthese criteria is the Code of Conduct and Ecovadis rating assessment which covers also environmental criteria.

308 - 2

Negative environmental impacts in the supply chain andactions taken

allnex’s target is to have 80% of the top vendors go through a CSR risk assessment by 2025. This risk assessment includes
environmental impacts. allnex Procurement will use the EcoVadis pool to get a more comprehensive report on the environmental
impacts and will implemet a program of Corrective Action Plans (CAPs) in order to reduce supplier sustainability risks.
(see ESG report Procurement & Supply Chain)

GRI 401: Employment
401 - 1New employee hires and employee turnover

ESG report 2023 (p. 73), Appendix/Social

GRI 403: Occupational health & safety
403 - 1

Occupational health and safety management systemallnex is ISO 45001 certified, all employees and third parties are covered under this management system.

403 - 2

Hazard identification, risk assessment, and incident
investigation

allnex is ISO 45001 certified, hazard identification, risk assessment and incident managment are all part of the management system.

403 - 3

Occupational health services

The SHE Management System, includes a range of SHE standards at a global level. The use of these standards prevent negative
health and safety impacts by implementing, auditing and constinuously improving those standards. The standards are global based
and then implemented at a local level as well.

403 - 4

Worker participation, consultation, and communication on
occupational healthWorker participation is integrated into the SHE Management System. Each site appoints one or more SHE MS coordinators withresponsibility for SHE MS oversight at that site and clear roles and responsibilities in the system. Cross-Functional Teams (CFT) or
equivalent, are utilized to review site-specific aspects and the site SHE MS requirements.
The SHE Standards include a general requirement for regular Safety, Health and Environmental meetings. Sites implement thisrequirement differently to meet the local requirements. For example, the Drogenbos, Belgium site holds monthly SHE meetings that
include all personnel as required by the European Council. Meeting minutes of these meetings are documented.

78

403 - 5Worker training on occupational health and safety

As a part of the SHE management system, allnex provides global guidance for safety and environmental training. Each functionalgroup, business group or site completes a training needs assessment for each employee’s job description to determine activities
that have significant impact on safety, health, environment and security with the help of a training coordinator.

403 - 6

Promotion of worker healthIn the area of well-being/health:– Since 2020, we are offering our Employee Assistance Program (EAP) to all our employees (and their families) globally, which offers
support during the various challenges life brings.
– We offer medical check-ups to employees in the majority of our sites (depending on the type of role every 1 to 3 years).
– We commit yearly to organize at minimum one activity in the area of ‘well-being’ (ESG report 2023 (p 64), Our people/Planting
Trees with Our Steps – To Combine Exercise with Climate Action)– We monitor occupational health and exposure risks per SHE Standard 500 or local regulations.
– In many countries local initiatives are taken on top in the area of well-being and health.
– The medical department is working on campaigns like stop smoking.

Auditedallnex ESG Report 2023
APPENDIXGRI INDICESGRI standard

Disclosure title

allnex disclosure403 - 7

Prevention and mitigation of occupational health andsafety impacts directly

The SHE Management System includes a range of SHE standards at a global level. The use of these standards prevent negative
health and safety impacts by implementing, auditing and continuously improving those standards. The standards are global based
and then implemented at a local level as well.

403 - 8Workers covered by an occupational health and safety
management systemallnex is ISO 45001 certified, all employees and third parties are covered under this management system. The certification entails
annual external audits and requires internal audits be completed. This certification is held at a global level.

403 - 9Work-related injuries

ESG report 2023 (p. 72), Appendix/Safety
The main type of work related injuries for 2022 for both employees and contractors includes abrasion/bruise/contusion, chemical
exposure and musculoskeletal (acute sprain/strain/hernia).
All rates were calculated using 200,000.

403 - 10Work-related ill health

ESG report 2023 (p. 72), Appendix/Safety
The main type of work related illnesses for 2022 for both employees and contractors includes occupational dermatitis and skindisorder.

AuditedV

GRI 404: Training & education
404 - 1

Average hours of training per year per employee

ESG report 2023 (p. 60), Our People/Investing in Our Teams – Results from Our Learning and Training Programs

404 - 2

Programs for upgrading employee skills and transition
assistance programs

ESG report 2023 (p. 60), Our People/Investing in Our Teams – Results from Our Learning and Training Programs
ESG report 2023 (p. 61), Our People/Nurturing Stars and Leaders – Training for Present and Future Managers
ESG report 2023 (p. 62), Our People/One Big Global Community – Digital Networking and Experience Exchange

404 - 3

Percentage of employees receiving regular performanceand career development

ESG report 2023 (p. 73), Appendix/Social
ESG report 2023 (p. 51), Our People/Thriving Together – In an Atmosphere of Support and Trust

GRI 405: Diversity and equal opportunity
405 - 1

Diversity of governance bodies and employees

ESG report 2023 (p. 73), Appendix/Social
ESG report 2023 (p. 73), Appendix/Governance
ESG report 2023 (p. 52), Our People/Ensuring Openness and Creativity – Through Diversity and Inclusion
ESG report 2023 (p. 53), Our People/Opening Minds, Closing Gaps – Our D&I Roadmap and Gender Challenge

405 - 2

Ratio of basic salary and remuneration of women to men

The wage gap was reduced from 4,4 (April 2022) to 4,1 (April 2023).

GRI 406: Nondiscrimination
406 - 1

Incidents of discrimination and corrective actions taken

ESG report 2023 (p. 67), Appendix/Legal

GRI 408: Child labor408 - 1

79

Operations and suppliers at significant risk for incidents ofchild labor

To our knowledge, within allnex operations there is no risk of child labor. Prevention measures in place are: adhering to the local
policy regarding child labor and fair labor rights, auditing of internal controls to prevent child labor/forced labor (ISO 45001), global
implemented tool to monitor minimum age, awareness training for all employees on the Code of Conduct .

Vallnex ESG Report 2023
APPENDIXGRI INDICESGRI standard

Disclosure title

allnex disclosure

GRI 410: Security practices
410 - 1

Security personnel trained in human rights policies orprocedures

100% of the security personnel received formal training, as all allnex employees are obliged to follow both the SHE and Code of
Conduct training.

GRI 413: Local communities
413 - 1

Operations with local community engagement, impact
assessments, and development

ESG report 2023 (p. 38–43), ESG Performances in 2022/Environmental & Community Engagement

GRI 414: Supplier social assessment
414 - 1

New suppliers that were screened using social criteria

ESG report 2023 (p. 36), ESG Performances in 2022/Screening for Sustainability – Our Supply Chain and Procurement Policy
Test phase with 40 supplier being screened in Q4 2022, representing 100% of new suppliers. Process is set up in Q1 2023 and will
be rolled out in Q2 2023.
Part of our onboarding process is to evaluate our suppliers through a series of criteria in order to approve new suppliers. One ofthese criteria is the Code of Conduct and Ecovadis rating assessment which covers also social criteria.

414 - 2

Negative social impacts in the supply chain and actions
taken

allnex’s target is to have 80% of the top vendors go through a CSR risk assessment by 2025. This risk assessment includes social
impacts. allnex Procurement will use the EcoVadis pool to get a more comprehensive report on social impacts and will implement a
program of Corrective Action Plans (CAPs) in order to reduce supplier sustainability risks.

GRI 416: Customer health and safety
416 - 1

Assessment of the health and safety impacts of productand service categories

ESG report 2023 (p. 17), Our Sustainability Approach/Growing Green Together with the Market – Sustainable Portfolio Management
Health & safety are part of allnex ECOWISE™ approach where products are valued for their sustainability benefits. ECOWISE™
evaluation is performed for 91% of allnex contribution margin. 28.6% of our contribution marging was identified as ECOWISE™.
Starting from there allnex will grow the portion of products that are categorized as ECOWISE™.

GRI 418: Customer privacy
418 - 180

Substantiated complaints concerning breaches ofcustomer privacy and losses

The organization has not identified any substantiated complaints concerning breaches of customer privacy.

Auditedallnex ESG Report 2023
APPENDIXGRI INDICES

allnex ESG Report 2023

Allnex Management GmbHThe Squaire 13, Am Flughafen
60549 Frankfurt am Main
Germany
www.allnex.com

Picture Credits: allnex, Shutterstock, Unsplash, Getty Images81