Other Information

Glossary of Terms

2PH
2-propylheptanol
2006 Act
The Companies Act 2006
3TG metals
Tin, tungsten, tantalum and gold
AA1000AS
An assurance standard for sustainability and corporate responsibility reporting
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
AVC
Additional voluntary contribution
Bitrex®
The world’s bitterest substance which is added to household cleaning products to prevent accidental swallowing
CAGR
Compound annual growth rate
CEC
Chief Executive’s Committee
CGU
Cash-generating unit
CO2
Carbon dioxide
COD
Chemical oxygen demand
CPI
Consumer price index
CRC
UK government’s Carbon Reduction Commitment
CSR
Corporate social responsibility
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
ESOT
Employee Share Ownership Trust
EU
European Union
EU ETS
European Union Emission Trading Scheme
FCA
Financial Conduct Authority
FCC
Fluid catalytic cracking
FRC
Financial Reporting Council
Fuel cell
Technology which converts hydrogen or other fuels (methanol, natural gas) into clean electricity
GHG
Greenhouse gas
GHS
Globally Harmonised System of Classification and Labelling of Chemicals
GOR
Group operating report
GRI
Global Reporting Initiative
Group Control Manual
The group’s compendium of policies, procedures and rules which is distributed to all group operations
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
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 50001
International standard giving guidelines on an energy management system
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
OTC
Over-the-counter
PBT
Profit before tax
Pgm
Platinum group metal
PMPD
Precious Metal Products Division
PRM
Process risk management
PSRT
PE International Product Sustainability Round Table
R&D
Research and development
RC 14001
An internationally recognised standard on environment, health, safety and security. An expansion of ISO 14001
REACH
Registration, Evaluation and Authorisation of Chemicals. EU chemical control legislation which came into force in June 2007
Redox
Reduction-oxidation: chemical reaction where both reduction and oxidation reactions take place
ROIC
Return on invested capital
RPI
Retail price index
SAICM
Strategic Approach to International Chemicals Management
SCR
Selective catalytic reduction
SEC
United States Securities and Exchange Commission
SERP
Supplemental Executive Retirement Plan
SIC
Standing Interpretations Committee
SIP
Share incentive plan
SNG
Substitute natural gas
SO2
Sulphur dioxide
SOx
Oxides of sulphur
SPV
Special purpose vehicle
SRI
Socially responsible investment
Syngas,
synthesis gas
A mixture of hydrogen and carbon oxides
TERI
The Energy and Resources Institute
TFI
Technology forecasting and information
The Code
The UK Corporate Governance Code, issued by the Financial Reporting Council in June 2010
TSCA
Toxic Substances Control Act
UNIDO
United Nations Industrial Development Organization
VOC
Volatile organic compound
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