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The chemical industry is an important part of society, creating value for stakeholders and contributing to addressing societal challenges. To be sustainable in the long run, we need to know our sustainable added value drivers along with the impact of our actions – whether positive or negative – and manage them actively and very consciously. Societal Added Value is a concept that will strongly guide our path in creating value for our business and society at large. It deals with the impacts of our organization within and beyond company boarders.
The concept of impact valuation allows to better understand how, where and to what extent value is created and diminished through our own operations. With our Product Portfolio Assessment and the SDG analysis, we go beyond and demonstrate societal contributions of our products and initiatives.