CHARLOTTE, N.C., Aug. 20, 2020 /PRNewswire/ -- Albemarle
Corporation (NYSE: ALB), a leader in the global specialty chemicals
industry, announced today the release of its annual global
Sustainability Report. Featuring Albemarle's renewed approach to
sustainability efforts, this report shares the company's results
against 2019 sustainability activities around the globe and
demonstrates Albemarle's core
values in action.
"In 2019, we took great care to identify a different approach to
how we look at sustainability and how it fits into our overall
business strategy," said Kent
Masters, Albemarle CEO. "We conducted a materiality
assessment with key stakeholders to gather insights into topics
that matter most for the execution of our strategy and creation of
long-term value for our partners. The findings are reflected in our
new sustainability framework. As we look ahead, we shift our focus
from setting our baseline sustainability performance to continuous
improvement to continue creating sustainable value for our
communities, customers and stakeholders around the world."
Albemarle's sustainability
framework includes four quadrants of focus: people and workplace,
natural resources, community engagement, and the company's
sustainable business model. In addition to the framework, the key
topics from the company's materiality assessment include: safety,
inclusive & diverse workplace, investment in talent, energy
management, greenhouse gas emissions, water management, minerals
management, community / stakeholder engagement, innovation,
business ethics, and regulatory compliance / product
stewardship.
This Sustainability Report marks a renewal of Albemarle's sustainability journey forward.
The 2019 report references the latest version of the Global
Reporting Initiative (GRI) standards which ensures relevant and
transparent disclosures, and Sustainability Accounting Standards
Board (SASB) standards that help disclose material, decision-useful
information to investors.
For a complete review of Albemarle's 2019 Sustainability Report, and
new approach to sustainability, please visit the full report at
https://www.albemarle.com/sustainability.
About Albemarle
Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, N.C., is a global specialty
chemicals company with leading positions in lithium, bromine and
refining catalysts. We think beyond business-as-usual to power the
potential of companies in many of the world's largest and most
critical industries, such as energy, electronics, and
transportation. We actively pursue a sustainable approach to
managing our diverse global footprint of world-class resources. In
conjunction with our highly experienced and talented global teams,
our deep-seated values, and our collaborative customer
relationships, we create value-added and performance-based
solutions that enable a safer and more sustainable future.
We regularly post information to www.albemarle.com, including
notification of events, news, financial performance, investor
presentations and webcasts, non-GAAP reconciliations, SEC filings
and other information regarding our company, its businesses and the
markets it serves.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/albemarle-publishes-enhanced-annual-sustainability-report-301116007.html
SOURCE Albemarle Corporation