RESPONSIBLE BUSINESS
POLICIES
ENVIRONMENT
We use our strong scientific foundation to develop the best products in the most responsible manner, while continuously striving to minimize the potential negative impact on the environment from our production and managing resources in the best possible way. We do so through a life-cycle approach and by mitigating identified risks.
Net-Zero 2040
As a company we are determined to help solve one of the world’s most challenging issues - climate change. This includes addressing the greenhouse gases that we emit - directly or indirectly - in our own operations and across our value chain. Our ambition is to reduce our global greenhouse gas emissions to net-zero by 2040.
Chemical product stewardship
Hazardous materials are an inherent element of our products. If not managed properly, this can pose a risk to the environment and people’s health. We are committed to safe and compliant handling of hazardous materials, and we ensure a value chain approach when it comes to our responsibility. Safety Data Sheets can be requested here.
SOCIAL
Our people enable Topsoe to aim high. Reaching our ambitious targets is reliant on engaged and motivated employees, who are provided with safe and excellent working conditions and development opportunities. Our aim for 2024, is to be in the top 25 compared to the industry benchmark within employee engagement.
Zero Harm
In Topsoe, we aspire toward 'Zero Harm’. Our health, safety and environmental management systems are based on international standards such as ISO45001 and Responsible Care® 14001.
Inclusive & diverse workplace
Topsoe strives for a diverse and inclusive work environment where everyone thrives and where we can harness the business benefits of different perspectives, backgrounds and experiences. We have zero tolerance on harassment and discrimination. Our aim is to have 30% women in management positions by 2024.
Human rights
As a participant of the UN Global Compact, we are committed to respecting all human and labor rights. We strive to continuously embed a human rights-based perspective across our business practices in line with the UN Guiding Principles on Business and Human Rights. Many of our sustainability commitments relate to human rights – from our climate change actions to ‘Zero Harm’ aspirations, to the way we engage with our supply chain and address corruption risk in our business relationships. See here for an overview of our salient human rights impacts.
Donations & community engagement
Doing good for others is a strong company value. Every year, Topsoe allocates 0.1% of its annual revenue to global and local donations and community engagement activities. We work with trustworthy and recognized partners, including WWF, Save the Children and UNHCR. We also support many local civil society organizations, mainly through our global offices.
Governance
What we do is important, and how we do it is equally important. To maintain and develop our values and good reputation, it is crucial that we act responsibly in all aspects of our business. At Topsoe, we base our actions on a foundation of good governance practices, with solid governance structures and business processes in place to ensure that we earn and always retain the trust of our customers, owners, business partners, local communities and other stakeholders. Compliance with applicable requirements is fundamental to our long-term success and the values of Topsoe - it is our license to operate in an increasingly demanding global business environment.
Code of Conduct
External regulations and business-related expectations are monitored and implemented through the Topsoe Code of Conduct and related policies, procedures and processes. We reinforce our standards through mandatory compliance training for all employees. Our Supplier Code of Conduct outlines what we require from suppliers when it comes to human rights, fair working conditions, health & safety, environmental impact, and ethical business conduct.
Compliance Hotline
Our Compliance Hotline provides employees and all other stakeholders with a channel for reporting concerns of unethical or unlawful behavior, also anonymously.