Goals

Goals

Status

In progress

Target reached

Corporate governance

Finance

Target/goal:

Generate Group revenue in 2017 after adjusting for exchange rate effects which is between 3 percent below and 3 percent above the revenue in 2016

Progress:

 

Target reached

Status:

Timeframe:

2017

Target/goal:

Achieve Group operating profit in 2017 after adjusting for exchange rate effects on a par with or up to 7 percent higher than that in 2016; based on the exchange rates ruling on 31 December 2016, this would mean Group operating profit in 2017 of between EUR 4.2 bn and EUR 4.5 bn

Progress:

 

Target reached

Status:

Timeframe:

2017

Target/goal:

ROCE of between 9 percent and 10 percent in the 2017 financial year

Progress:

 

Target reached

Status:

Timeframe:

2017

Target/goal:

Reduce costs by around EUR 180 m through the Focus restructuring programme

Progress:

Target reached

More in the (PDF:) Annual Report p. 53

Status:

Timeframe:

2015 – 2017

Target/goal:

After adjustments to reflect the effects of IFRS 15 and exchange rate effects, Group revenue is to be on a par with the previous year in 2018 and could increase by up to 4 percent

Progress:

New target

More in the (PDF:) Annual Report p. 90

Status:

Timeframe:

2018

Target/goal:

The Group operating profit, after adjustments to reflect exchange rate effects, is expected to range between the prior-year level and a figure that is 5 percent higher

Progress:

New target

More in the (PDF:) Annual Report p. 90

Status:

Timeframe:

2018

Target/goal:

ROCE of around 10 percent in the 2018 financial year

Progress:

New target

More in the (PDF:) Annual Report p. 90

Status:

Timeframe:

2018

Target/goal:

Reduce costs by around EUR 370 m per annum through the LIFT programme

Progress:

Continuous implementation

More in the (PDF:) Annual Report p. 53

Status:

Timeframe:

From 2019

Products

Target/goal:

Develop products and technologies that unite customer value and sustainable development

Progress:

 

  • Focus on the five key areas of our innovation strategy: advanced materials, efficiency, environment & resources, quality of life, and digitalisation
  • 500 patents in chemical and environmental sectors, clean energy and hydrogen technologies
  • Around 50 percent of research projects aim to achieve an environmental benefit

More about innovations

More about energy and climate protection

More about water

More about air emissions

More about waste

Status:

Timeframe:

Ongoing

Engagement with stakeholders

Target/goal:

Reflect the needs of our stakeholders in our sustainability management

Progress:

 

  • More than 1,300 questions from stakeholders answered about sustainability at Linde
  • Survey conducted of customers and employees on various topics
  • Shareholders and potential investors offered the opportunity to meet us in person – at almost 40 conferences and roadshows worldwide and at several events for private investors

More about stakeholders

More about the materiality analysis

More about Investor Relations in the (PDF:) Annual Report p. 38

Status:

Timeframe:

Ongoing

Safety

Occupational safety

Target/goal:

Continuously reduce the number of workplace accidents per million hours worked (base year 2012)

Progress:

 

  • 4 percent reduction in workplace accidents per million hours worked in 2017 achieved relative to base year 2012

More about occupational safety

Status:

Timeframe:

2020

Target/goal:

Harmonise safety-related processes

Progress:

 

  • Group-wide framework agreed for the handling of risks and dangerous situations

More about Organisation

Status:

Timeframe:

Ongoing

Health protection

Target/goal:

Expand and harmonise occupational health management programmes

Progress:

 

  • Health insurance benefits for employees in the Engineering Division in Russia enhanced
  • Number of days of paid sick leave for employees in the Healthcare segment in our subsidiary Lincare in the US increased

More about work-life balance

More about health protection

Status:

Timeframe:

Ongoing

Target/goal:

Reduce health risks arising from manual work

Progress:

 

  • Occupational health and safety audits conducted at just under 52 percent of operating sites
  • Around 17 percent of operating sites are audited in accordance with OHSAS 18001

More about production

More about health protection

Status:

Timeframe:

Ongoing

Production

Target/goal:

Conduct a standardised risk review of sites and define control mechanisms to minimise these risks to the greatest possible extent (Major Hazards Review Programme, MHRP)

Progress:

 

  • More than 95 percent of the sites concerned certified in line with the MHRP process by the end of 2017

More about production

Status:

Timeframe:

Long-term goal

Transport

Target/goal:

Reduce the frequency of serious transport incidents per million kilometres travelled by 20 percent compared with the base year 2015

Progress:

 

  • 5 percent reduction in serious transport incidents per million kilometres travelled in 2017 achieved relative to base year 2015

More about transport

Status:

Timeframe:

2020

Environmental protection

Climate protection and energy efficiency

Target/goal:

Avoid a total of 6 million tonnes of CO2 emissions as a result of technical improvements in plant design and more efficient production processes in air separation plants and hydrogen plants (base year 2009)

Progress:

 

  • A total of 4.1 million tonnes of CO2 emissions have been avoided since 2009, of which 0.9 million tonnes were direct emissions and 3.2 million tonnes were indirect emissions

More about energy and climate protection

Status:

Timeframe:

2020

Target/goal:

Identify projects with the potential to reduce energy consumption

Progress:

 

  • More than 170 projects identified around the world; reduction in energy consumption of more than EUR 18 m and reduction in CO2 emissions of around 126,000 tonnes of CO2

More about environmental protection

Status:

Timeframe:

Ongoing

Employees

Management

Target/goal:

Increase the proportion of female employees worldwide in the first management tier below the Executive Board to 14 percent in 2017

Progress:

 

  • Proportion of women in the first management tier below the Executive Board was 15 percent in 2017 (2016: 16 percent)

More about diversity

Status:

Timeframe:

2017

Target/goal:

Increase the proportion of female employees worldwide in the second management tier below the Executive Board to 17 percent in 2017

Progress:

 

  • Proportion of women in the second management tier below the Executive Board was 14.5 percent in 2017 (2016: 18 percent)

More about diversity

Status:

Timeframe:

2017

Target/goal:

Increase the proportion of female employees worldwide in the first management tier below the Executive Board to 18 percent in 2022

Progress:

 

  • Proportion of women in the first management tier below the Executive Board was 15 percent in 2017 (2016: 16 percent)

More about diversity

Status:

Timeframe:

2022

Target/goal:

Increase the proportion of female employees worldwide in the second management tier below the Executive Board to 22 percent in 2022

Progress:

 

  • Proportion of women in the second management tier below the Executive Board was 14.5 percent in 2017 (2016: 18 percent)

More about diversity

Status:

Timeframe:

2022