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Corporate Report 2018
The Corporate Report for 2018 encompasses the annual and sustainability reports. With it, the ALTANA Group informs the public, its employees and business partners, as well as public authorities, nongovernmental organizations, and all other interested parties about the Group’s development in economic, ecological, and social respects. In addition to the Group Management Report and the Consolidated Financial Statements (condensed version), as well as information on the Group’s corporate governance, this report contains a description of ALTANA’s understanding of sustainable management and the progress the Group has made in implementing it in the past fiscal year. As a result, this report for 2018 updates the content that was published in the 2017 Corporate Report (published on March 16, 2018). At the same time, it serves as the annual Communication on Progress of Global Compact.
The Reporting Period
All financial and human-resource information in the Group Management Report and the Consolidated Financial Statements for 2018 refer to the period from January 1 to December 31.
The reporting period for the environmental key performance indicators changed. They are based on values that were collected between January 1 and December 31, 2018 (previous year: October 1, 2016 to September 30, 2017). As in the previous year, the data on occupational health and safety refer to the period from January 1 to December 31.
Reporting Principles
In terms of the Group Management Report and the Consolidated Financial Statements, the report adheres to the specifications of the International Financial Reporting Standards (IFRS), as adopted by the EU, and the additional requirements of German commercial law pursuant to section 315 e of the German Commercial Code (HGB). As in the previous years, this was audited and confirmed by an independent auditor. The complete Consolidated Financial Statements including the Notes to the Consolidated Financial Statements are available here.
This corporate report has been prepared in accordance with the GRI Standards: Comprehensive option. It is also oriented to the International Integrated Reporting Council’s (IIRC) reporting framework. In 2018, ALTANA did not have the key performance indicators based on the standards of the Global Reporting Initiative (GRI) tested by an independent auditor. Detailed information is available here.
Information on the selection of content based on GRI Standards and regarding the definition of sustainability issues important for the ALTANA Group and its stakeholders can be found in the “Sustainability Management” section. A detailed list of all criteria based on the GRI Standards that ALTANA provides information about is available here.
This report is available in German and English.