GRI Index

Avantium’s Sustainability Report (integrated in our Annual Report) is based on the Global Reporting Initiative (GRI) Standards. This GRI Index directs readers to information on relevant indicators as defined by the GRI Standards.

GRI 2: General Disclosures
2-1 Organizational detailsSee the Avantium corporate website https://www.avantium.com/
2-2 Entities included in the organization’s sustainability reporting

Avantium N.V, including all our consolidated entities,

See annual report section 2.21 Subsidiaries for more details.

2-3 Reporting period, frequency and contact point

1 January until 31 December 2022

ir@avantium.com

2-4 Restatements of informationNone
2-5 External assurance

The financial data is covered by external assurance by PwC.

See Independent Auditor’s Report

2-6 Activities, value chain and other business relationshipsSee section Who We Are
2-7 Employees

249 FTEs

For details see section Our People

2-8 Workers who are not employeesSee section Our People
2-9 Governance structure and compositionSee section Corporate Governance
2-10 Nomination and selection of the highest governance bodySee corporate website Corporate Governance
2-11 Chair of the highest governance bodySee section Corporate Governance
2-12 Role of the highest governance body in overseeing the management of impactsSee section Corporate Governance
2-13 Delegation of responsibility for managing impactsSee section Corporate Governance
2-14 Role of the highest governance body in sustainability reportingSee In-Control Statement
2-15 Conflicts of interestSee corporate website Code of Business Conduct section Conflicts of Interest
2-16 Communication of critical concernsSee section Risk and Opportunity Management
2-17 Collective knowledge of the highest governance bodySee section Corporate Governance
2-18 Evaluation of the performance of the highest governance bodySee section Corporate Governance
2-19 Remuneration policiesSee section Remuneration Report 2022
2-20 Process to determine remunerationSee section Remuneration Report 2022
2-21 Annual total compensation ratioSee section Remuneration Report 2022
2-22 Statement on sustainable development strategySee Message from CEO
2-23 Policy commitmentsSee corporate website Principles & Policies
2-24 Embedding policy commitmentsSee corporate website Principles & Policies
2-25 Processes to remediate negative impactsSee section Risk and Opportunity Management
2-26 Mechanisms for seeking advice and raising concernsSee corporate website Corporate Governance
2-27 Compliance with laws and regulationsSee corporate website Code of Business Conduct section Standard Conduct
2-28 Membership associations

European BioPlastics (EUPB)
Industry Table Northern Netherlands and Royal Association of the Dutch Chemical Industry (VNCI)

Renewable Carbon Initiative

Bio-based Industries Consortium

CO2 value Europe

MVO Nederand

 

For more details see section Our Leadership and Governance

2-29 Approach to stakeholder engagement

Stakeholder Engagement and Materiality assessment performed in 2022

For more details see section Stakeholders and Materiality and  Stakeholder Engagement

2-30 Collective bargaining agreementsNone
GRI 3: Material Topics
3-1 Process to determine material topics

Stakeholder Engagement and Double Materiality Assessment performed in 2022

See section Stakeholders and Materiality and  Stakeholder Engagement and Avantium Materiality Assessment 2022

3-2 List of material topics

Technology:

–          Environmental Impact of our technologies

–          Circularity

–          Product Stewardship

–          Sustainable Feedstock

Operations:

–          Occupational Health and Safety

–          Greenhouse Gas Emissions of our Operations

–          Waste

People

–          Talent Attraction and Retention

–          Health & Well-Being

–          Diversity, Equality & Inclusion (DEI)

–          Next Generation of Scientists

Leadership & Governance

–          Climate advocacy

–          Corporate partnerships

 

For more details see section Avantium Materiality Assessment 2022 and References to Sustainability Frameworks

GRI 201: Economic Performance
201-1 Direct economic value generated and distributedSee section Financial Performance 2022
201-2 Financial implications and other risks and opportunities due to climate changeSee section Risk and opportunity Management on Sustainability-Feedstock and Sustainability-Climate Change Risks
201-3 Defined benefit plan obligations and other retirement plans

Not deemed material for sustainability reporting

See section 2.18 Employee Benefits

201-4 Financial assistance received from government17 government grants, See section Financial Performance 2022
GRI 202: Market Presence
202-1 Ratios of standard entry level wage by gender compared to local minimum wageNot deemed material for sustainability reporting and not reported
202-2 Proportion of senior management hired from the local community

Not deemed material for sustainability reporting

See section Employee Diversity in 2022 for proportion of Dutch/ Non-Dutch and other diversity factors reported by seniority level

GRI 203: Indirect Economic Impacts
203-1 Infrastructure investments and services supported

Not deemed material for sustainability reporting

See section YXY Technology for more details on FDCA Flagship Plant construction in Delfzijl

203-2 Significant indirect economic impactsNot deemed material for sustainability reporting and not reported
GRI 204: Procurement Practices
204-1 Proportion of spending on local suppliersNot deemed material for sustainability reporting and not reported
GRI 205: Anti-corruption
205-1 Operations assessed for risks related to corruptionNot deemed material for sustainability reporting and not reported
205-2 Communication and training about anti-corruption policies and proceduresNot deemed material for sustainability reporting and not reported
205-3 Confirmed incidents of corruption and actions takenNo incidents were reported, see Section Ethics
GRI 206: Anti-competitive Behavior
206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practicesNo incidents were reported, see Section Ethics
GRI 207: Tax
207-1 Approach to taxSee section 25. Income Tax Expense
207-2 Tax governance, control, and risk managementSee section 25. Income Tax Expense
207-3 Stakeholder engagement and management of concerns related to taxNot deemed material for sustainability reporting and not reported
207-4 Country-by-country reportingNot deemed material for sustainability reporting and not reported
GRI 301: Materials
301-1 Materials used by weight or volumeNot deemed material for sustainability reporting and not reported
301-2 Recycled input materials usedNot deemed material for sustainability reporting and not reported
301-3 Reclaimed products and their packaging materialsNot deemed material for sustainability reporting and not reported
GRI 302: Energy
302-1 Energy consumption within the organization

Sustainable electricity – 2.642MWh

Fossil-based electricity – 446 MWh

Gas heating – 68.638 m3

Steam – 1.916 GJ

Reported as Scope 2 Emissions, for more details see section Emissions from our Operations

302-2 Energy consumption outside of the organizationData not available yet
302-3 Energy intensityNot deemed material for sustainability reporting and not reported
302-4 Reduction of energy consumptionReported as emissions saving activities, for more details see section Emissions from our Operations
302-5 Reductions in energy requirements of products and servicesReported with our goal of reducing industry CO2 emissions, see Life-Cycle Assessment Highlights
GRI 303: Water and Effluents
303-1 Interactions with water as a shared resourceNot deemed material for sustainability reporting and not reported
303-2 Management of water discharge-related impactsNot deemed material for sustainability reporting and not reported
303-3 Water withdrawalNot deemed material for sustainability reporting and not reported
303-4 Water dischargeNot deemed material for sustainability reporting and not reported
303-5 Water consumptionNot deemed material for sustainability reporting and not reported
GRI 304: Biodiversity
304-1 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areasNot deemed material for sustainability reporting and not reported
304-2 Significant impacts of activities, products and services on biodiversityNot deemed material for sustainability reporting and not reported
304-3 Habitats protected or restoredNot deemed material for sustainability reporting and not reported
304-4 IUCN Red List species and national conservation list species with habitats in areas affected by operationsNot deemed material for sustainability reporting and not reported
GRI 305: Emissions
305-1 Direct (Scope 1) GHG emissions

0.436 tonnes CO2e

For more details see section Emissions from our Operations

305-2 Energy indirect (Scope 2) GHG emissions

649 tonnes CO2e

For more details see section Emissions from our Operations

305-3 Other indirect (Scope 3) GHG emissionsData not available yet
305-4 GHG emissions intensityNot deemed material for sustainability reporting and not reported
305-5 Reduction of GHG emissionsReported as emissions saving activities, for more details see section Emissions from our Operations
305-6 Emissions of ozone-depleting substances (ODS)Not deemed material for sustainability reporting and not reported
305-7 Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissionsSee section Emissions from our Operations
GRI 306: Waste
306-1 Waste generation and significant waste-related impactsSee section Managing Waste from Our Operations
306-2 Management of significant waste-related impactsSee section Managing Waste from Our Operations
306-3 Waste generatedSee section Managing Waste from Our Operations
306-4 Waste diverted from disposalSee section Managing Waste from Our Operations
306-5 Waste directed to disposalSee section Managing Waste from Our Operations
GRI 401: Employment
401-1 New employee hires and employee turnover

64 new joiners, workforce increase of 16.3%

For more details see section Talent Attraction and Retention

401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employeesNone
401-3 Parental leave

In 2022 23 colleagues used right for parental leave and 10 returned from parental leave

For more details see section Celebrating Our Differences

GRI 402: Labor/Management Relations
402-1 Minimum notice periods regarding operational changes

According to the Works Council Act

See section Work Council

GRI 403: Occupational Health and Safety
403-1 Occupational health and safety management systemSee corporate website Safety section, Enhancing OHS and Practices and Protocols section in the 2022 Annual Report
403-2 Hazard identification, risk assessment, and incident investigationSee section Providing Safe and Healthy Workplaces
403-3 Occupational health servicesSee section Health and Well-Being
403-4 Worker participation, consultation, and communication on occupational health and safetySee section Providing Safe and Healthy Workplaces
403-5 Worker training on occupational health and safetySee section Providing Safe and Healthy Workplaces
403-6 Promotion of worker healthSee section Providing Safe and Healthy Workplaces
403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationshipsNot deemed material for sustainability reporting and not reported
403-8 Workers covered by an occupational health and safety management systemAll
403-9 Work-related injuriesSee section Accidents and Incidents
403-10 Work-related ill healthSee section Accidents and Incidents
GRI 404: Training and Education
404-1 Average hours of training per year per employeeData not available yet
404-2 Programs for upgrading employee skills and transition assistance programsSee section Performance Management and Training
404-3 Percentage of employees receiving regular performance and career development reviews

All employees

For more details see section Performance Management and Training

GRI 405: Diversity and Equal Opportunity
405-1 Diversity of governance bodies and employeesSee diversity table in Employee Diversity in 2022
405-2 Ratio of basic salary and remuneration of women to men

0,90

See section Employee Diversity in 2022

GRI 406: Non-discrimination
406-1 Incidents of discrimination and corrective actions taken

No incidents were reported,

For more details see section Ethics

GRI 407: Freedom of Association and Collective Bargaining
407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk. Avantium and Avantium’s suppliers will respect the right of all workers to form and join trade unions and/or to bargain collectively. For more details see Avantium Supplier Code
GRI 408: Child Labor
408-1 Operations and suppliers at significant risk for incidents of child laborAvantium’s operations are located in the Netherlands where the social and labor-related risks is low. Avantium’s suppliers do not use child labour as defined by ILO Convention 138 and 182. For more details see Avantium Supplier Code
GRI 409: Forced or Compulsory Labor
409-1 Operations and suppliers at significant risk for incidents of forced or compulsory laborAvantium’s operations are located in the Netherlands where the social and labor-related risks is low. Avantium’s suppliers do not use forced or compulsory labour towards both permanent and contracted workers as defined by ILO convention 29 and 105. For more details see Avantium Supplier Code
GRI 410: Security Practices
410-1 Security personnel trained in human rights policies or procedures

Not deemed material for sustainability reporting and not reported

Most of Avantium’s operations and suppliers are located in Europe where the social and labor-related risks are low.

GRI 411: Rights of Indigenous Peoples
411-1 Incidents of violations involving rights of indigenous peoplesMost of Avantium’s operations and suppliers are located in Europe where the social and labor-related risks are low.
GRI 413: Local Communities
413-1 Operations with local community engagement, impact assessments, and development programsMost of Avantium’s operations and suppliers are located in Europe, no activities involve entering or leaving local communities
413-2 Operations with significant actual and potential negative impacts on local communitiesMost of Avantium’s operations and suppliers are located in Europe, no activities involve entering or leaving local communities
GRI 414: Supplier Social Assessment
414-1 New suppliers that were screened using social criteriaSee section Using Sustainable Feedstocks
414-2 Negative social impacts in the supply chain and actions takenSee section Monitoring Supplier Sustainability and Avantium Supplier Code
GRI 415: Public Policy
415-1 Political contributionsNone
GRI 416: Customer Health and Safety
416-1 Assessment of the health and safety impacts of product and service categoriesAvantium assesses the health and safety impacts of the products according to the applicable regulations.
416-2 Incidents of non-compliance concerning the health and safety impacts of products and services

 

Avantium follows strict manufacturing protocols and quality assurance procedures to ensure that the products are fully in line with specifications according to regulations. Avantium registers its products in accordance with applicable regulations allowing the manufacture, distribution and use of these products. Avantium has communicated to its customers declarations of compliance validating the safety of the product to the intended applications.

No incidents of non-compliance concerning the health and safety impacts of products and services were reported.

GRI 417: Marketing and Labeling
417-1 Requirements for product and service information and labeling

 

Avantium labels its products according to the applicable regulations

417-2 Incidents of non-compliance concerning product and service information and labelingIn this stage of development of the company, there are no reports on non-compliance concerning product and service
417-3 Incidents of non-compliance concerning marketing communicationsThere are no reports on non-compliance concerning marketing communications
GRI 418: Customer Privacy
418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer dataNone

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