As we’ve progressed along our sustainability journey, we realized the need to set goals to further drive our sustainability performance. Following our sustainability materiality assessment, the Axalta Sustainability Council developed goals to guide our business and sustainability performance over the coming years.
These goals have been reviewed and approved by the Axalta Leadership Team. We’ve set at least one goal for each of our identified key sustainability issues, as well as for some other areas where we want to improve performance. Our goals, organized by report section, are below; material issues are noted in bold. Where applicable, we discuss our plans and programs to achieve these goals throughout the report.
| Material and Other Issues | Goal |
| Sustainability at Axalta | |
Ethics and integrity |
Continuous improvement of compliance processes and procedures by modernizing the way we deliver training to employees on the Axalta Code of Business Conduct and Ethics, expanding our due diligence reach, requiring additional compliance certifications and supplier training. |
Economic performance |
Achieve mid-single digit growth year-over-year in net sales over time organically, or approximately 10 percent growth including mergers and acquisitions with accompanying double-digit growth in adjusted EBITDA. |
Emerging markets |
Deliver on opportunities to sell sustainable products with reduced environmental impact in emerging markets. |
Cybersecurity |
Secure our intellectual property and data by maintaining tools and technology to fortify our defenses against threats and ensuring employee understanding of their obligations. |
| Technology | |
Technology and innovation |
Allocate more than 65 percent of technology spending through 2022 to develop products that are designed to result in sustainability benefits such as lower VOC emissions, reduced waste and energy savings. |
Safety and environmental stewardship of chemicals |
Implement single global system by year-end 2019 to enhance our management of regulatory obligations to provide product health and safety information to customers. |
Product and service impact on customer operations and performance |
Continue to collaborate with customers to identify additional opportunities to improve their operations including reduced energy use, lower emissions and greater productivity. |
| Operations | |
Environmental compliance |
Within first three months of an acquisition, complete an EHS compliance audit and a plan to enable the facility to achieve RC14001 certification within 18 months of the close. |
Air quality |
By year-end 2022, reduce VOC emissions from operations by 3 percent (normalized to production) from a baseline year of 2017. |
Air quality |
By year-end 2022, reduce Scope 1 and 2 GHG emissions from operations by 5 percent (normalized to production) from a baseline year of 2017. |
Human rights |
Utilize our Supplier Sustainability Risk Management Program to regularly evaluate our supply chain to ensure human rights issues are identified and addressed. |
Energy use |
By year-end 2022, reduce energy use by 5 percent (normalized to production) from a baseline year of 2017. |
Water use |
By year-end 2022, reduce water use by 10 percent (normalized to production) from a baseline year of 2017. |
Waste management |
By year-end 2022, reduce total waste by 5 percent (normalized to production) from a baseline year of 2017. |
Spill reduction and process safety incident reduction |
Consistently track and improve control over process safety incident and severity rates to reduce frequency by the end of 2022. |
Supplier diversity |
Continue to identify and increase the number of qualified diverse suppliers to support Axalta’s North American operations. |
| People | |
Attracting and retaining employees |
Enhance employee communications to enable employees to understand their contributions to the success of the business. |
Attracting and retaining employees |
Continue to develop a consistent framework of career development for entry, mid-career and executive level employees. |
Attracting and retaining employees |
Build a global center of excellence to support recruitment needs across the organization by the end of 2019. |
Employee safety |
Achieve zero site fatalities or life-altering incidents annually by deploying enhanced health and safety training and programs. |
| Corporate Social Responsibility | |
Focused giving |
Maintain our commitment to create, support and nurture STEM education and environmental stewardship programs and initiatives that serve our communities where we live and work. |
Sustainable Development Goals
The United Nations Sustainable Development Goals (SDGs), introduced in 2015, guide governments, businesses and other organizations on a pathway toward sustainable development. The 17 SDGs, supported by 169 targets, cover a range of environmental, social, economic and governance topics. Axalta has identified three of the SDGs that are most aligned with our business and sustainability objectives.