SUSTAINABILITY REPORT
http://www.rexam.com/assets/files/cms/2015_Rexam_Sust_Report_final.pdf
Strong and lasting relationships are fundamental to successful customer partnerships. Not simply by providing the best quality and customer service at the right cost, but also by working with customers strategically and proactively. Our customers look to us to align our sustainability agenda with theirs and increasingly we conduct joint initiatives, such as the Carlsberg Circular Community. Our sustainability objectives and metrics are explicitly developed to support our customers
Our Pack of the Future programme encompasses both incremental and transformational technologies to create differentiation for our customers and explore new consumer occasions or markets for the can to occupy. In 2012 we launched our patent pending and award winning range of EditionsTM technologies, which allow us to produce eight to 24 designs of the same label simultaneously on a single pallet. Our Core Process and Plant of the Future programmes focus on process innovation, where we evolve and disrupt the way we manufacture our products
New beverage categories We continue to look to new consumption occasions for our beverage cans and bottles, and this includes use in categories outside of our core areas of carbonated soft drinks and beer such as juices, ready-to-drink tea and flavoured alcoholic beverages.
External recognition Our world class standards of operations have been recognised by The Shingo Institute – a global reviewer of operational excellence (see table). Only a handful of sites from all walks of industry meet the Institute’s strict criteria each year; the fact that we now have eight accredited plants (unmatched by any other company in the world) demonstrates the extent of our achievements. With two plants in North America well advanced in the accreditation process, we are confident of adding more to this roster as we continue our pursuit of excellence.
This is our first GRI G4 Core report. We believe that this has allowed us to report on what is material to our business, which is what directly affects our stakeholders and our company. We aim to present a transparent approach to sustainability and to explain how we address our key economic, environmental and social impacts. This report covers the period 1 January 2012 to 31 December 2014. Our previous report was the Rexam Sustainability Report 2011/2012. Typically our reporting period is biennial; however, due to the materiality assessment carried out in 2014, we delayed the publication of this report. Unless otherwise specified, such as in baseline reporting, all information contained in this report covers the years 2012 to 2014 (January to December), and in some areas we have included information from 2015. The financial information in this report covers Rexam PLC and its subsidiaries, which operate in 25 countries, and, where relevant, our joint venture company, Controladora Envases Universales Rexam SA in Guatemala, and our associated company, Hanil Can Company, in South Korea. Our recent joint venture acquisitions, United Arab Can in Saudi Arabia and Envases Del Istmo SA (Endelis) in Panama, are excluded. In 2014 we sold our healthcare business, the last remaining part of our plastics business. We have therefore rebased all non-financial data to cover our beverage can business only.
lOOK UP DJSI AND 2020 SUSTAINABILITY TARGETS
After a year-long development effort, the Aluminium Stewardship Initiative (ASI) Performance Standard will address issues relevant to the production and stewardship of aluminium, from extraction of bauxite to the producers of commercial and consumer goods and the recycling of pre- and post-consumer aluminium scrap. The standard focuses on eleven key issues: business integrity, policy and management, transparency, material stewardship, greenhouse gas emissions, emissions, effluents and waste, water, biodiversity, human rights, labour rights, and occupational health and safety.
Rexam has been working together with its upstream partners such as Constellium, Hydro, Novelis and Rio Tinto Alcan and alongside 15 NGOs to define the principles and criteria across all the sustainability issues relevant to the aluminium value chain.
“Rexam first got involved in ASI back in 2012 and we are delighted to have played our role in developing this landmark sustainability standard for aluminium. Rexam produces over 55 billion aluminium beverage cans per year and this standard will allow us to provide independent, credible and verifiable information to customers across all stages of the aluminium value chain. No other packaging material is able to demonstrate this level of sustainability assessment,” said John Revess, Rexam’s Group Sustainability Director.
The Standard will be implemented through a third party certification system involving all industry players along the aluminium value chain. End-users, such as Audi, BMW Group, Jaguar Land Rover and Nestlé Nespresso SA, have already indicated their intention to buy certified aluminium as soon as it is available and Rexam is encouraging beverage customers to do the same.
“The aluminium industry is committed to maximizing the value that its products and activities generate, while minimizing their impacts. Working together with industry representatives of the aluminium value chain and of civil society to improve the industry’s performance and make it more sustainable is a win-win for everyone,” said Jostein Soreide, Manager Sustainability and LCA of Hydro, and co-chair of the ASI Standard Setting Group.
To enable product specific claims, a ‘Chain of Custody Standard’ has also been developed. It will be released in 2015. The plan is to start work on implementation pilots for both the ‘Performance Standard’ and the ‘Chain of Custody Standard’ during 2015 with a view to certifying the first products in market from 2018.
EXTERNALCREDITATION
FTSE4Good
We are a member of the London Stock Exchange FTSE4Good index, an international responsibility performance benchmark. The index's expectations mirror the way we believe business should be conducted to deliver sustainable success through environmental management, upholding human and labour rights, ethical business practices and supply chain labour standards.
Ecovadis
In 2014, we received 'gold' (top award) rating by Ecovadis, a comprehensive system used by several of Rexam's largest customers to monitor the sustainability performance of suppliers.
Carbon Disclosure Project (CDP)
We are members of the CDP, an international reference organisation dedicated to reducing the industry's carbon impact on the environment. The CDP allows us to demonstrate publicly to our customers and other stakeholders our commitment and progress towards lowering our carbon footprint, critically by measuring our carbon intensity per kilogramme of raw material converted. Our disclosure score in 2015 was 95, with a performance band rating of D.
Dow Jones Sustainability Indices (DJSI)
Launched in 1999, the Dow Jones Sustainability Indices were the first global sustainability benchmark. The family tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria. In 2013, Rexam joined the Dow Jones Sustainability Europe Index and we have improved our performance year on year.
RobecoSAM Sustainability Award
We received a Bronze Class award and an Industry Mover award in RobecoSAM's 2016 Corporate Sustainability Assessment. This places us in the top 10% of organisations in our sector.
Ethibel EXCELLENCE Investment Register
Rexam was reconfirmed in September 2015 as a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe. Rexam has been selected for inclusion in the Ethibel EXCELLENCE Investment Register since 16 June 2014.
MSCI Environmental, Social and Governance (ESG) Indexes
MSCI ESG Indexes are used by institutional investors and asset managers to integrate ESG factors into their investment processes. Rexam is currently a constituent of MSCI Global Sustainability indexes, which include diversified equity indexes that are comprised of companies with high ESG ratings -relative to sector peers.
The Smiley-scheme
We’re part of the Danish Ministry of Food, Agriculture and Fisheries “Smiley-scheme” whose aim is to increase food safety. Find the scheme’s rating system here.