1 SUSTAINABILITY DEFINITION 11. 2 SUSTAINABILITY Why is it important to Ecolab and our customers?...
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Transcript of 1 SUSTAINABILITY DEFINITION 11. 2 SUSTAINABILITY Why is it important to Ecolab and our customers?...
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SUSTAINABILITY DEFINITION
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SUSTAINABILITYWhy is it important to Ecolab and our customers?
• It’s the right thing to do
• Consumers are demanding and expecting it
• It’s good for business
– Optimizing net impact by:
– Increasing efficiency
– Minimizing consumption of natural resources
– Reducing operating costs
– Increasing safety
• It drives innovation
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BEST IN CLASS COMPANIES...90% of business decision makers consider sustainability and environmental responsibility to have some importance to their business Source: poll conducted by Ipsos Public Affairs
Source: Aberdeen Group, May 2009
• View sustainability as a “must have” strategy for long-term business viability and success
• Outperformed their peers by 18%-20% in 2008
• Achieve 6%-10% reductions in a variety of operating costs
• Showed a 16% increase in customer retention
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THEY CONSISTENTLY INVEST IN SIX AREAS
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COMMITTED TO A COMPREHENSIVE APPROACH• Economic Progress: Investing in R&D to create innovative, effective products and services;
helping our customers’ businesses be successful; employing people around the world
• Environmental Stewardship: Optimizing our net impact by increasing safety reducing energy and water consumption, and reducing waste – in our own operations and for our customers
• Social Responsibility: Fair and ethical business conduct and support of our associates, communities and business partners
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ECONOMIC PROGRESSOur commitment to exceed our customers’ needs helps us achieve sustainable, profitable growth
• Ecolab provides innovative and effective solutions that help our customers prosper and grow
• Investing in research and development to create the best solutions at the best value
• Delivering effective results at the lowest total cost and impact environmentally
• Contributing financial investments that increase the long-term vitality of our communities
• We invest in our people, equipping them with the tools, technology and training they need while providing opportunities for personal growth and development
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ENVIRONMENTAL STEWARDSHIPCreating solutions to maximize product and environmental performance
• Developing products and services that optimize our customers’ water and energy use, with innovative packaging and dispensing methods that reduce waste
• We use environmentally responsible and sustainable energy sources and invest in improving energy efficiency in our own and our customers’ operations
• Minimizing emissions, effluents and waste caused by our operations and dispose of all wastes through safe and responsible methods
• We review the safety, environmental, and regulatory attributes of raw materials and make environmental sustainability a key requirement in the selection of ingredients for new products and services
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SOCIAL RESPONSIBILITYContributing to the vitality of our communities and the global economy
• Ecolab promotes the well-being of associates, customers and shareholders by contributing to the quality of life in the communities in which we operate
• Our Ethical Sourcing and Environmental Standards require our strategic suppliers to protect the health, safety and human rights of their workers and report on environmental stewardship
• For more than 20 years, the Ecolab Foundation has been making financial contributions to our communities, including donating $2.3 million worth of groceries to local food shelves
• We encourage and support community involvement among our associates