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Our Stakeholders
Johnson Matthey has a wide range of stakeholders with an interest in hearing from or working with the company at both a corporate and business level. Our stakeholders include customers, suppliers, employees, fund managers, shareholders, communities, governments, non-governmental organisations and national and international trade associations. We communicate with our stakeholders throughout the year and engagement is integrated into our business decision making processes.
A number of our investors are interested in ethical investment and manage socially responsible investment (SRI) funds. We try to provide these investors with the information they need through regular dialogue with specialists from their organisations and participation in the key benchmarking studies. We are a member of the FTSE4Good Index.
Johnson Matthey also meets with all of its major shareholders regularly. At these meetings we may discuss matters relating to corporate social responsibility and sustainability, together with the performance and development of the group’s businesses.
Complementing our investor meetings, we engage with organisations more directly aligned with our business at a divisional and business level. They include customers, industry bodies and trade associations, local government bodies, schools, universities and local charity and community groups.
We always engage with stakeholders in the communities where we have operations and when we enter a new area, we actively develop relationships with stakeholders in the local community, typically during the late planning and early construction stages of a project. We also try to minimise the impact of development through consultation with local authorities and the local community. When we have to exit an area for business reasons, we provide support both for employees who have been affected and the local community as a whole in order to minimise the impact of our departure.
Who is this Report for?
During the development of our Sustainability 2017 Vision and strategy we identified four stakeholder groups who are particularly important in the early stages of our sustainability programme: employees; customers; shareholders; governments, trade associations and non-governmental organisations. In working with these four key stakeholder groups we believe we can address the great majority of the issues we have identified in the most coordinated and effective way – to the benefit of all stakeholders.
Employees
The report is part of a wider communications programme aimed at employees which is geared towards embedding sustainability across the group and realising the commitments we have made in the Sustainability 2017 Vision and strategy.
Read more about sustainability communications with employees
Customers
Sustainability 2017 is about Johnson Matthey’s ability to grow and adapt to changing markets and provide its customers with innovative, more sustainable products and services. The report aims to illustrate to our customers how Sustainability 2017 will strengthen Johnson Matthey’s long term ability to continue to offer innovative solutions in a responsible way. Through working in partnership we aim to help our customers de-risk some aspects of their own market / customer / regulatory pressures and give them the confidence that Johnson Matthey can deal with certain risks, such as life cycle issues around some products, on their behalf.
Shareholders
Our shareholders need to see that we are continuing to provide a reasonable return on their investment. The report aims to demonstrate that sustainability, as a core strategy, is central to achieving this objective. And, of course, many of our shareholders are also employees or business partners. About 1.7% of our shares are owned by current and former employees through the company’s share ownership plans.
Governments, Trade Associations and Non-governmental Organisations
Many of Johnson Matthey’s products have a material impact on various areas of government policy. Examples include pollution control from transportation and industrial sources, the use of catalysts in resource efficient processes and the shift to zero emission fuel cell technologies. We are proactive in engaging in public policy debate where we have the skills, experience and resources to make a material contribution.
At this early stage, we are concentrating on bringing the right message to the four key groups but we are continuing our ongoing communication with all stakeholder groups. If you have an interest in our work on sustainability at Johnson Matthey, please Contact Us to find out more.
