Other Information

Glossary of Terms

AA1000AS
An assurance standard for sustainability and corporate responsibility reporting
ABI
Association of British Insurers
ADDERALL XR®
An extended release product used in the treatment of Attention Deficit Hyperactivity Disorder
ADHD
Attention deficit hyperactivity disorder
ADR
American Depositary Receipt
AGM
Annual general meeting
Alfa Aesar
Brand name of Johnson Matthey’s Research Chemicals business
AMOG
Ammonia, Methanol, Oil and Gas
APB
Auditing Practices Board
API
Active pharmaceutical ingredient
Bitrex®
The world’s bitterest substance which is added to household cleaning products to prevent accidental swallowing
CEC
Chief Executive’s Committee
CGU
Cash-generating unit
CHP
Combined heat and power
CIA
Chemical Industries Association
CO2
Carbon dioxide
COD
Chemical oxygen demand
CPI
Consumer price index
CRC
UK government’s Carbon Reduction Commitment
CSR
Corporate social responsibility
DPF
Diesel particulate filter
DPT
Davy Process Technology
DRIP
Dividend Reinvestment Plan
EBITDA
Earnings before interest, tax, depreciation and amortisation
ECT
Emission Control Technologies
EHS
Environment, health and safety
EIB
European Investment Bank
EPS
Earnings per share
ERT
Electrical resistance tomography
ESOT
Employee Share Ownership Trust
ETF
Exchange Traded Fund
EU
European Union
EU ETS
European Union Emission Trading Scheme
FRC
Financial Reporting Council
FSA’s DTR
The UK Financial Services Authority’s Disclosure and Transparency Rules
Fuel cell
Technology which converts hydrogen or other fuels (methanol, natural gas) into clean electricity
GHS
Globally Harmonised System of Classification and Labelling of Chemicals
GRI
Global Reporting Initiative
Group Control Manual
The group’s compendium of policies, procedures and rules which is distributed to all group operations
GTL
Gas to liquids, multi stage catalytic process used to convert, for example, stranded natural gas into sulphur free hydrocarbons, including diesel fuel
GWP
Global warming potential
HDD
Heavy duty diesel
HR
Human resources
HSRG
Health Science Research Group
IAS
International Accounting Standard
IASB
International Accounting Standards Board
ICCA
International Council of Chemical Associations
IFRIC
International Financial Reporting Interpretations Committee
IFRS
International Financial Reporting Standards
Interest cover
Underlying operating profit / net finance costs
IP
Intellectual property
IPA
International Platinum Group Metals Association
ISO 14000
Internationally recognised series of standards which specify the requirements for an environmental management system
ISO 26000
International standard giving guidelines on social responsibility
ISO 9000
Internationally recognised series of standards which specify the requirements for a quality management system
JMEPS
Johnson Matthey Employees Pension Scheme
KPI
Key performance indicator
LBG
London Benchmarking Group
LCA
Life cycle assessment
LTIP
Long term incentive plan
MDRC
Management Development and Remuneration Committee
MEA
Membrane electrode assembly
N2O
Nitrous oxide
NGO
Non-governmental organisation
NOx
Oxides of nitrogen
OEM
Original equipment manufacturer
PBT
Profit before tax
Pgm
Platinum group metal
PMPD
Precious Metal Products Division
PRM
Process risk management
R&D
Research and development
REACH
Registration, Evaluation and Authorisation of Chemicals. EU chemical control legislation which came into force in June 2007
ROIC
Return on invested capital
RPI
Retail price index
SAICM
Strategic Approach to International Chemicals Management
SCR
Selective catalytic reduction
SERP
Supplemental Executive Retirement Plan
SIC
Standing Interpretations Committee
SIP
Share incentive plan
SNG
Substitute natural gas
SO2
Sulphur dioxide
SSNMR
Solid state nuclear magnetic resonance, a spectroscopy technique
Syngas,
synthesis
gas
A mixture of hydrogen and carbon oxides
The Code
The UK Corporate Governance Code, issued by the Financial Reporting Council in June 2010
TSCA
Toxic Substances Control Act
UK CLG
Prince of Wales’s Corporate Leaders Group
VCM
Vinyl chloride monomer
VOC
Volatile organic compound
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