Decorative Paints value creation summary 2017
As a leading global supplier of decorative paints, our brands are crucial to our success. Our Decorative Paints activities are fully focused on the buildings and infrastructure end-user segment, serving both consumers and professional painters. In order to create more economic, environmental and social value, our inno-vation is geared towards reducing our upstream and downstream supply chain impact by changing formulations to water-based technology.
Many of our brands are household names and we work closely with local communities via a series of national and international initiatives, some of which involve volunteer support from our employees. The aim is to benefit the creation of more social value.
All these initiatives are designed to play a role in contributing to our financial performance and enable us to deliver more economic value for our investors.
During 2017, we invested in increased asset integrity in both growth and mature markets, while continuing to invest in selected growth projects, such as the Ashington (UK) state-of-the-art paint factory, officially inaugurated in September 2017, and the Langfang plant in China.
Revenue developmentin % versus 2016
Revenue breakdown by business unitin %
of revenue from eco-premium solutions with customer benefits, due to RD&I investments
2.5 million tons
upstream CO2(e) emissions
We continue to improve efficiency by reducing our energy use per ton of production, and are working towards improving our share of renewable energy. We continue to drive resource productivity to make the most of valuable raw materials and reduce environmental impact, while strengthening our business.
0.1 million tons
CO2(e) emissions own operations
1.2 million tons
downstream CO2(e) emissions
3.7 million tons
CO2(e) emissions cradle-to-grave
improvement CO2(e) per ton of sales from 2012 cradle-to-grave carbon footprint
employees at year-end 2017
total reportable rate of injuries
(per 200,000 hours)
Employee safety is a key priority and we are actively driving towards a reduction in the number of incidents.
lives positively impacted by our “Let’s Colour” program
people trained as painters
We participate in community programs and local sponsorships.