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Summary

The report outlines what sustainability means to the company, performance in the year & the progress & work underway

Report Highlights

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Johnson Matthey, the speciality chemicals company, publishes its Sustainability Report 2007/08. The Report is available on line at www.matthey.com/Sustainability2008/index.html.

Johnson Matthey is a world leader in environmental technologies and with more than 50% of profits generated by products that directly benefit the environment, sustainability is a key element of the strategy for the future growth of the business.

The publication of this, Johnson Matthey’s first Sustainability Report, represents a transition for the company. It is linked to a move to actively manage impacts and opportunities more efficiently than in the past. The company has made good progress and has formally reported on its social, environmental and ethical performance since 2003 in its previous CSR reports.

In December 2007 Johnson Matthey launched Sustainability 2017, a long term vision for the whole group that sets the direction and aspirations for what the company wants to achieve in the future. The aims of the vision are to at least double earnings per share whilst achieving zero waste to landfill, zero accidents and halving the key resources consumed per unit of output by 2017, the 200th anniversary of the founding of the company.

There are two key thrusts to the sustainability vision. The first is about being more efficient with the resources the business uses and the second is about designing new products that help customers to be more sustainable and competitive.

Since the launch of the vision the process of embedding sustainability into every aspect of business planning and decision making has begun. Johnson Matthey is also working increasingly with its suppliers and other partners to engage them in delivering the sustainability vision.

The report outlines what sustainability means to Johnson Matthey, performance in the year and the progress and work underway as the company begins to work towards achieving its vision for a sustainable business.