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The Umicore Way
The Umicore Way is the cornerstone of everything we do at Umicore. It outlines our values and the way in which we wish to achieve our strategy and our overall commitment to the principles of sustainable development. The Umicore Way applies to everyone working at Umicore and covers our relationships with all our stakeholders. Our ultimate aim is that by living The Umicore Way we will become an even more successful and respected company.
Materials for a better life
We believe that materials are key enablers for today’s quality of life and for future wealth creation. Umicore’s overriding goal of sustainable value creation is to become a leader in providing and creating material-based solutions which contribute to fulfilling its mission: materials for a better life.
Metal-related materials have a vital role, as they can be efficiently and infinitely recycled, making them the basis for sustainable products and services.
We develop, produce, apply, market and recycle metal-related materials and we contribute to material based solutions. We combine our competences in metallurgy, chemistry and materials science with a thorough understanding of our customers’ needs, applications and systems. We are also committed to the growth of our business through the competence of our people, our excellence in operations and our technological innovation. We want to be the preferred partner of our customers.
Openness, innovation, respect, teamwork and commitment are crucial to our success. We hold one another accountable to these values and promote them within our teams, ensuring that any deficiencies in living up to these values are addressed in an appropriate way.
As part of our commitment to sustainability, we take into account the environmental impact of our operations and seek continuous improvement of our environmental performance. We facilitate and encourage responsible design, use, re-use, recycling and disposal of our products.
We uphold fundamental human rights and respect those rights in conducting the Group’s operations throughout the world. We engage with the communities around our operations and seek to make a positive contribution to these communities. We engage in effective and transparent communication with all our stakeholders and use this dialogue to further improve our performance.
We strive to be a preferred employer of both current and potential employees irrespective of their diverse backgrounds. The long-term success of Umicore depends on being a safe, healthy and engaging place to work.
We aim for shareholder value creation with a primary focus on the medium and longer term. We seek sustainable growth which takes into consideration financial, environmental and societal aspects. We strive to give an accurate, fair and comprehensive picture of the company.
We believe in entrusting a large degree of autonomy to each of our business units. The business units in turn are held accountable for their contribution to the company’s value creation and commitment to sustainability.
Wherever we operate, our reputation is a valuable asset. We avoid any action that would jeopardize respect for Umicore. We have high standards of business and personal ethics and we seek partners whose policies and practices are consistent with our own.