The “Sustainability report / Non-financial report” is a voluntary submission that contains information pursuant to Sections 289b to 289e HGB (German Commercial Code) and Sections 315b and 315c HGB. In compliance with Section 317 (2) sentence 4 HGB, it is excluded from the audit.
Economic, environmental and social sustainability is an important component of the PCC Group strategy and all companies of the PCC Group are committed to an ethically correct and sustainable approach in their business activities. The economic component of sustainability, i.e. securing our long-term corporate success and increasing our enterprise value, goes hand in hand with sustainability in the ecological and social senses. An understanding of sustainable development that encompasses all three aspects forms the basis of our Group-wide strategy for sustainable, valuable growth.
Explanations of the terminology used for Scopes 1 and 2 can be found in the “Non-financial report” section that follows.
Explanations of the terminology used for Scopes 1 and 2 can be found in the “Non-financial report” section that follows.
The following general objectives serve as our sustainability vision:
PCC’s sustainability vision
The PCC Group is committed to its ecological and social responsibility. Our vision is to make a strong contribution to climate protection and sustainable development. To this end, we aim to halve the greenhouse gas emissions of our chemical production by 2030 compared to 2020 (Scope 1 and 2). We intend by then to have completely eliminated coal from our power generating activities. And we want to see our Group completely net-climate-neutral by 2050.
How we intend to implement this sustainability vision in our business activities is reflected in our mission statement on sustainability:
PCC’s sustainability mission statement
PCC is an innovative and rapidly expanding group of companies with extensive investment activities. In order to achieve our sustainability goals, we implement all our investment projects, particularly those relating to our manufacturing operations, using state-of-the-art, energy-efficient and resource-saving technologies aligned to an ever-decreasing carbon footprint. In addition, we continue to research and develop products that meet high sustainability standards and exhibit usage profiles that offer reduced greenhouse gas emissions.
The Sustainability Report of the PCC Group is structured as follows:
- Brief description of the business model
- Corporate Social Responsibility at PCC
- Sustainability in the PCC Group segments
- Non-financial report
Brief description of the business model
PCC is a Group geared to value growth with a focus on chemicals, silicon and logistics. The Group holding company PCC SE and headquarters of the PCC Group are located in Duisburg. Waldemar Preussner, who is the sole shareholder and Chairman of the Supervisory Board of PCC SE, founded Petro Carbo Chem Rohstoffhandelsgesellschaft mbH in 1993, the nucleus of today’s PCC Group. In the year under review, the PCC Group, with around 3,300 employees in 18 countries, reported consolidated sales of € 960.0 million. The majority of this revenue, around 64.0 %, was generated by the chemical-producing segments Polyols & Derivatives, Surfactants & Derivatives and Chlorine & Derivatives, primarily at their sites in Poland.
PCC generated consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) of € 88.0 million. Capital expenditures in fiscal 2024 amounted to € 126.5 million, 11.2 % less than in the previous year.
PCC’s Group strategy is geared toward sustainable growth with the aim of creating or continuously increasing enterprise value. In order to enable new sustainable growth on an ongoing basis, we constantly
review projects and acquisitions with the aim of competence-related diversification into new market segments. We may also only develop activities that are not part of our core business up to a certain level of
market maturity and then make them available for sale.
The largest site of the PCC Group is located in Poland, around 40 kilometers northwest of Wrocław (Breslau) in the Polish town of Brzeg Dolny. We produce chemicals such as polyols, surfactants and
chlorine, as well as chlorine co- and downstream products, phosphorus derivatives and other specialty chemicals there. Through the Silicon & Derivatives segment, we manage our silicon metal plant in
Iceland. The main focus of the Trading & Services segment remains the founding business of commodity trading. In the Logistics segment, our focus is on intermodal container logistics, which we deploy
to connect European destinations on the basis of our own transshipment terminals. Managed by the Holding & Projects segment are future-aligned projects such as our new production facility for specialty chemicals in Malaysia, which went into operation in 2024.
PCC’s Group strategy is geared toward sustainable growth with the aim of creating or continuously increasing enterprise value. In order to enable new sustainable growth on an ongoing basis, we constantly
review projects and acquisitions with the aim of competence-related diversification into new market segments. We may also only develop activities that are not part of our core business up to a certain level of
market maturity and then make them available for sale.
The largest site of the PCC Group is located in Poland, around 40 kilometers northwest of Wrocław (Breslau) in the Polish town of Brzeg Dolny. We produce chemicals such as polyols, surfactants and
chlorine, as well as chlorine co- and downstream products, phosphorus derivatives and other specialty chemicals there. Through the Silicon & Derivatives segment, we manage our silicon metal plant in
Iceland. The main focus of the Trading & Services segment remains the founding business of commodity trading. In the Logistics segment, our focus is on intermodal container logistics, which we deploy
to connect European destinations on the basis of our own transshipment terminals. Managed by the Holding & Projects segment are future-aligned projects such as our new production facility for specialty chemicals in Malaysia, which went into operation in 2024.
Corporate Social Responsibility at PCC
The Corporate Social Responsibility (CSR) of the PCC Group, i.e. our responsibility for our impact on society as a “corporate citizen”, relates to the specific contribution we make to sustainability. The basis for our CSR is provided by the Code of Ethics and Conduct of the PCC Group. This is binding for all employees in the Group and stipulates, in particular, the high priority assigned to environmental protection and health and safety, as well as prescribing a culture of trust, fairness and reliability in our dealings with colleagues and business partners.
Building on these rules of conduct, PCC SE has established binding Group-wide sustainability guidelines that define the policy framework for sustainable business practices within the PCC Group:
Building on these rules of conduct, PCC SE has established binding Group-wide sustainability guidelines that define the policy framework for sustainable business practices within the PCC Group:
PCC’s sustainability policy:
- The PCC Group is committed to an ethical and sustainable approach in all business activities.
- All actions are based on the principles of the worldwide Responsible Care® initiative. This represents the efforts of the chemical industry to continuously improve environmental protection and general and occupational health and safety – irrespective of legal requirements.
- PCC strives for a corporate culture in which continuous improvement, long-term competitiveness and outstanding performance are in line with the principles of sustainable development and our ethical standards.
- PCC assumes ethical responsibility for sustainable, economically effective, ecologically sound and fair business practices.
- The Group’s social responsibility is an integral part of our corporate philosophy.
- All employees of the PCC Group are trained according to their function, authority and qualifications to assume the responsibilities incumbent upon them.
For PCC, CSR means in particular taking appropriate and responsible account of the concerns of all stakeholders at all Group sites. As an international group of companies operating in many different markets, PCC maintains in some cases very close relationships with a wide variety of interest groups: Aside from our employees from various cultures, these include our customers, suppliers and other business partners, the residents neighboring our 41 locations in 18 countries, the private subscribers to bonds issued by PCC SE, institutional investors and banks, not to mention government and public institutions such as regulatory authorities or universities.
An important principle of our CSR is open and transparent communication with our stakeholders. For example, we present our quarterly and annual reports to our investors live in internet-based interactive investor conferences. In late fall, we traditionally hold information evenings in several major German cities, these events having only been suspended for two years during the coronavirus pandemic for safety reasons. At these evening engagements, the members of the Group’s Executive Board provide investors, bondholders and stakeholders with information covering the latest business developments, taking questions from the audience and making themselves available for personal discussions. In addition, we also invite our investors to PCC Investor Days at our Group headquarters in Duisburg every few years, most recently in June 2024 when we welcomed more than 1,000 guests.
The extended principles of CSR within the PCC Group include the rejection of all forms of corruption and discrimination, unconditional respect for human rights, a commitment to fair working conditions, and compliance with high safety standards for all our employees, as well as fulfillment of all environmental requirements. We take ownership of socially accepted standards, thereby underpinning them further. We also commit to compliance with standards that go beyond general CSR norms, for example by having the PCC production companies participate in environmental protection initiatives such as the Carbon Disclosure Project, the United Nations Global Compact or the chemical industry’s Responsible Care® initiative.
The Group management assumes responsibility for our strategic positioning and mission statements relating to Group-wide areas of importance, such as transparency in communication with our investors. Meanwhile, the individual Group segments and business units serve as the actual drivers of the dialog with diverse interest groups at our different sites. It is they who implement our sustainability strategy in practice.
Sustainability in the PCC Group segments
Sustainability in the chemical-producing segments
Sustainability in the chemical-producing segments We are increasingly strengthening our commitment to sustainability in the Group segments operating in the chemicals production sector (Polyols & Derivatives, Surfactants & Derivatives and Chlorine & Derivatives). We continue to improve the efficiency of our production facilities, protecting the climate and the planet’s limited natural resources through the adoption of particularly energy-saving technologies and the increased use of renewable raw materials. Take surfactants, for example: Our surfactant production facility in Poland is one of the most advanced in Central and Eastern Europe. Our Group company PCC Exol SA, the surfactant manufacturer of the PCC Group, was the first company in Poland to have implemented and registered to the Good Manufacturing Practice (GMP) system certified by the European industry association EFfCI. The company also participates in the Carbon Disclosure Project (CDP), which involves reporting on its environmental impact. In addition, we use the raw material palm kernel oil for our surfactant production which is obtained sustainably in Ghana, West Africa. The palm kernels required for our organic production there are not harvested on large plantations, but are collected from small farmers. 300 smallholders who regularly supply our company with palm kernels are currently undergoing a regular certification phase by the Roundtable on Sustainable Palm Oil (RSPO). In addition, the Group companies PCC Exol SA and PCC Consumer Products Kosmet Sp. z o.o. are RSPO-certified.
PCC Rokita SA, the largest PCC company and one of the biggest chemical companies in Poland, is also increasingly focusing on sustainability and is steadily expanding its portfolio of environmentally compatible and climate-friendly products. For example, chlorine supplied by PCC Rokita SA under the PCC Greenline® brand is exclusively manufactured using an environmentally friendly and resource- conserving membrane process. And we also ensure that only energy from renewable sources is used for production of PCC Greenline® chlorine. Through substantial investment in the modernization and expansion of its production capacities, PCC has, since acquiring a majority stake in PCC Rokita SA in 2003, created a flourishing chemicals subgroup that is now also an important factor for the region, for example as a major and multi-award-winning employer.
In the chemical-producing segments, we realize sustainability not only through modern and efficient production methods, but also in the chemicals we produce. Our innovative chemical substances render items and commodities that many people use in everyday life more durable, safer and more environmentally compatible. They ensure, for example, that hydraulic oils need to be changed less frequently and homes can be insulated more effectively; they make cosmetics even more skin-friendly and facilitate the manufacture of high-convenience foams that are also virtually free of emissions of volatile organic compounds, as well as being exceptionally flame-retardant.
We underline this claim with our product portfolio of sustainable chemicals under the aforementioned brand name PCC Greenline®, which comprises around 180 products. ROKAmina K30B, for example, is a high-purity amphoteric surfactant that we recommend as an environmentally friendly and compatible ingredient in natural cosmetic products. To manufacture this surfactant, PCC Exol SA uses, among other things, a palm kernel oil derivative obtained from oil palm kernels from sustainably managed smallholder farms. Another PCC Greenline® product is EXOcare®TE20 Flakes MB, based on renewable vegetable raw materials, a product used in hair cosmetics, for example, to give hair elasticity and suppleness. PCC Greenline® also includes CAMOLIN® liquid soap, which is 100 % vegan, i.e. is manufactured without animal-derived ingredients, and contains at least 98 % ingredients of natural origin.
Sustainability in the chemical-producing segments We are increasingly strengthening our commitment to sustainability in the Group segments operating in the chemicals production sector (Polyols & Derivatives, Surfactants & Derivatives and Chlorine & Derivatives). We continue to improve the efficiency of our production facilities, protecting the climate and the planet’s limited natural resources through the adoption of particularly energy-saving technologies and the increased use of renewable raw materials. Take surfactants, for example: Our surfactant production facility in Poland is one of the most advanced in Central and Eastern Europe. Our Group company PCC Exol SA, the surfactant manufacturer of the PCC Group, was the first company in Poland to have implemented and registered to the Good Manufacturing Practice (GMP) system certified by the European industry association EFfCI. The company also participates in the Carbon Disclosure Project (CDP), which involves reporting on its environmental impact. In addition, we use the raw material palm kernel oil for our surfactant production which is obtained sustainably in Ghana, West Africa. The palm kernels required for our organic production there are not harvested on large plantations, but are collected from small farmers. 300 smallholders who regularly supply our company with palm kernels are currently undergoing a regular certification phase by the Roundtable on Sustainable Palm Oil (RSPO). In addition, the Group companies PCC Exol SA and PCC Consumer Products Kosmet Sp. z o.o. are RSPO-certified.
PCC Rokita SA, the largest PCC company and one of the biggest chemical companies in Poland, is also increasingly focusing on sustainability and is steadily expanding its portfolio of environmentally compatible and climate-friendly products. For example, chlorine supplied by PCC Rokita SA under the PCC Greenline® brand is exclusively manufactured using an environmentally friendly and resource- conserving membrane process. And we also ensure that only energy from renewable sources is used for production of PCC Greenline® chlorine. Through substantial investment in the modernization and expansion of its production capacities, PCC has, since acquiring a majority stake in PCC Rokita SA in 2003, created a flourishing chemicals subgroup that is now also an important factor for the region, for example as a major and multi-award-winning employer.
In the chemical-producing segments, we realize sustainability not only through modern and efficient production methods, but also in the chemicals we produce. Our innovative chemical substances render items and commodities that many people use in everyday life more durable, safer and more environmentally compatible. They ensure, for example, that hydraulic oils need to be changed less frequently and homes can be insulated more effectively; they make cosmetics even more skin-friendly and facilitate the manufacture of high-convenience foams that are also virtually free of emissions of volatile organic compounds, as well as being exceptionally flame-retardant.
We underline this claim with our product portfolio of sustainable chemicals under the aforementioned brand name PCC Greenline®, which comprises around 180 products. ROKAmina K30B, for example, is a high-purity amphoteric surfactant that we recommend as an environmentally friendly and compatible ingredient in natural cosmetic products. To manufacture this surfactant, PCC Exol SA uses, among other things, a palm kernel oil derivative obtained from oil palm kernels from sustainably managed smallholder farms. Another PCC Greenline® product is EXOcare®TE20 Flakes MB, based on renewable vegetable raw materials, a product used in hair cosmetics, for example, to give hair elasticity and suppleness. PCC Greenline® also includes CAMOLIN® liquid soap, which is 100 % vegan, i.e. is manufactured without animal-derived ingredients, and contains at least 98 % ingredients of natural origin.
Sustainability in the Silicon & Derivatives segment
Our silicon metal plant in Iceland makes particular use of the island’s rich geothermal resources. The plant’s energy supply is thus covered entirely by renewable energy sources (said geothermal energy, but also hydropower); moreover, the installation of state-of-the-art filters makes the plant virtually free of dust emissions. Its CO2 footprint is therefore exceptionally low compared to other silicon plants worldwide, a fact confirmed in 2023 by the ISCC Carbon Footprint Certification (CFC) of the greenhouse gas balance of our silicon metal. We are also working to further improve this balance by increasing the use of renewable raw materials. See also the section on “Measures” under “Environmental issues” in the nonfinancial
report.
Sustainability in the Trading & Services segment
The Group-internal service entities managed within this segment include, in particular, the Conventional Energies business which primarily supplies the production facilities of PCC in Poland with steam and electricity. Here, dust emissions have been significantly reduced in recent years through the installation of modern electrostatic precipitators at the PCC cogeneration plant located at the Brzeg Dolny chemical site. As a CHP facility, this plant not only supplies energy for PCC’s chemical production, but also provides a large proportion of the households in the town with district heating. In Poland, the coal-fired heating of homes still predominates, as was also the case in Brzeg Dolny prior to PCC commencing its supply operations.
Sustainability in the Logistics segment
The mainstay of our Logistics segment is the intermodal container transshipment business. We run combined transport operations throughout Europe on the basis of five wholly-owned container handling terminals in Poland and Germany, facilities that have been greatly expanded and modernized in recent years. We therefore efficiently combine environmentally friendly rail and flexible road transport, thus supporting the transfer of traffic from road to rail in line with demands expressed by the European Union.
The mainstay of our Logistics segment is the intermodal container transshipment business. We run combined transport operations throughout Europe on the basis of five wholly-owned container handling terminals in Poland and Germany, facilities that have been greatly expanded and modernized in recent years. We therefore efficiently combine environmentally friendly rail and flexible road transport, thus supporting the transfer of traffic from road to rail in line with demands expressed by the European Union.
Sustainability in the Holding & Projects segment
In the Holding & Projects segment, we manage, in particular, the Renewable Energies business, which focuses on the construction and operation of small hydropower plants that are exceptionally environmentally friendly due to their relatively low impact on nature. Six of these power plants, five in North Macedonia and one in Bosnia and Herzegovina, have so far been connected to their respective
national grids.
In the Holding & Projects segment, we manage, in particular, the Renewable Energies business, which focuses on the construction and operation of small hydropower plants that are exceptionally environmentally friendly due to their relatively low impact on nature. Six of these power plants, five in North Macedonia and one in Bosnia and Herzegovina, have so far been connected to their respective
national grids.
Initiatives and certifications
PCC affiliates are involved in a whole range of certification procedures and initiatives. For example, our chemical-producing companies PCC Rokita SA, PCC Exol SA and PCC Synteza S.A. all participate in the chemical industry’s global Responsible Care® initiative. Our production companies have also received several awards for their sustainability and can point to high ratings and rankings in this domain. For example, two of our companies were awarded Gold certification in the renowned EcoVadis sustainability assessment: PCC Exol SA (2024) and PCC MCAA Sp. z o.o. (2023). PCC Rokita SA (2024) and PCC BakkiSilicon hf. (2024) achieved silver status. The commitment of the Group holding company PCC SE to sustainability is underscored by its participation in the Renewable Carbon Initiative. The main certifications and initiatives assigned the five sustainability aspects of non-financial reporting are indicated in the following.
PCC affiliates are involved in a whole range of certification procedures and initiatives. For example, our chemical-producing companies PCC Rokita SA, PCC Exol SA and PCC Synteza S.A. all participate in the chemical industry’s global Responsible Care® initiative. Our production companies have also received several awards for their sustainability and can point to high ratings and rankings in this domain. For example, two of our companies were awarded Gold certification in the renowned EcoVadis sustainability assessment: PCC Exol SA (2024) and PCC MCAA Sp. z o.o. (2023). PCC Rokita SA (2024) and PCC BakkiSilicon hf. (2024) achieved silver status. The commitment of the Group holding company PCC SE to sustainability is underscored by its participation in the Renewable Carbon Initiative. The main certifications and initiatives assigned the five sustainability aspects of non-financial reporting are indicated in the following.
Non-financial report
In compliance with Germany’s CSR Directive Implementation Act
(CSR-RUG) adopted on April 19, 2017, the PCC Group has published
annually since fiscal 2017 a voluntary non-financial report pursuant
to Sections 315b and 315c in conjunction with Sections 289c to
289e HGB (German Commercial Code). PCC SE presents its non-financial
report as an integral part of the annual Group management
report. Unless otherwise stated, the performance indicators relate
to the companies included in the scope of consolidation. No adjustments
are made in respect of the previous year to reflect changes to
the scope of consolidation in the year under review.
This non-financial report is based on the requirements of the German Sustainability Code [DNK] and summarizes the key facts on the five aspects specified, namely environmental issues, employee issues, respect for human rights, social issues and the fight against bribery and corruption.
In addition, the general section of this non-financial report describes measures and initiatives of the PCC Group and individual companies that demonstrate our Group’s multifaceted commitment to our social responsibility as a corporate citizen.
In the following we provide a report on the guidelines, risks, measures and goals as well as the key non-financial indicators for each of the five sustainability aspects mentioned. Our approach here is to present the PCC Group as a whole; hence we refrain from mentioning individual affiliates.
This non-financial report is based on the requirements of the German Sustainability Code [DNK] and summarizes the key facts on the five aspects specified, namely environmental issues, employee issues, respect for human rights, social issues and the fight against bribery and corruption.
In addition, the general section of this non-financial report describes measures and initiatives of the PCC Group and individual companies that demonstrate our Group’s multifaceted commitment to our social responsibility as a corporate citizen.
In the following we provide a report on the guidelines, risks, measures and goals as well as the key non-financial indicators for each of the five sustainability aspects mentioned. Our approach here is to present the PCC Group as a whole; hence we refrain from mentioning individual affiliates.
What do we mean when we talk about Scope 1, 2 and 3 emissions?
The classification of emissions according to different “scopes” (i.e.
sources categories) has its roots in the Greenhouse Gas (GHG) Protocol
introduced by the World Resources Institute (WRI) and the World
Business Council for Sustainable Development (WBCSD). The GHG
Protocol has become an international standard and is instrumental
in harmonizing greenhouse gas balances and reporting. The classification
into scopes serves in particular to make the reporting process
more manageable, since emissions occur at a large number of
points along the value chain and can be controlled to very different
degrees by individual protagonists.
In the approach adopted, Scope 1 includes all emissions that are within a company’s direct sphere of influence, for example emissions from its own production facilities or from company vehicles.
Scope 2 includes all emissions resulting from purchased energy in the form of electricity, heat, coolant or steam. Here, the reporting entity has no direct control, but can exert a relatively large influence, for example by choosing environmentally friendly energy suppliers.
All emissions occurring in upstream and downstream processes, as well as all emissions not directly related to energy consumption and production, are attributed to Scope 3. This includes a wide range of emission categories, such as all emissions attributable to the production of purchased raw / input materials, emissions from the transport of goods by third-party companies, business trips using means of transport that are not within the company’s control, emissions from the disposal of waste streams by external disposal companies, or emissions from the further processing of goods sold. This diversity illustrates the complexities involved in recording and presenting all the emissions that a company contributes to. This is also one reason why Scope 3 emissions reporting is not mandatory under the GHG Protocol. Moreover, each company decides for itself which of the categories of these Scope 3 emissions it needs to publish, so a direct comparison between companies is not possible.
Due to the complexities and constraints described above, PCC SE has decided to include all Scope 1 and Scope 2 emissions in its reporting in accordance with the international reporting standard. We are making every effort to record and continuously reduce Scope 3 emissions in collaboration with our partners and stakeholders, and aim to also integrate these activities into our non-financial reporting as comprehensively as possible in the near future.
Scope 2 emissions are calculated using both the location-based method and the market-based method. The location-based approach uses average emission factors for a region (e.g. a country), which then are applied to local energy consumption, for calculation purposes. The market-based approach, on the other hand, uses for calculation purposes certain emission factors that originate either from the energy supplier or from a specific electricity product. Using the market-based approach serves to increase the transparency of the company’s purchase of energy from renewable sources.
In the approach adopted, Scope 1 includes all emissions that are within a company’s direct sphere of influence, for example emissions from its own production facilities or from company vehicles.
Scope 2 includes all emissions resulting from purchased energy in the form of electricity, heat, coolant or steam. Here, the reporting entity has no direct control, but can exert a relatively large influence, for example by choosing environmentally friendly energy suppliers.
All emissions occurring in upstream and downstream processes, as well as all emissions not directly related to energy consumption and production, are attributed to Scope 3. This includes a wide range of emission categories, such as all emissions attributable to the production of purchased raw / input materials, emissions from the transport of goods by third-party companies, business trips using means of transport that are not within the company’s control, emissions from the disposal of waste streams by external disposal companies, or emissions from the further processing of goods sold. This diversity illustrates the complexities involved in recording and presenting all the emissions that a company contributes to. This is also one reason why Scope 3 emissions reporting is not mandatory under the GHG Protocol. Moreover, each company decides for itself which of the categories of these Scope 3 emissions it needs to publish, so a direct comparison between companies is not possible.
Due to the complexities and constraints described above, PCC SE has decided to include all Scope 1 and Scope 2 emissions in its reporting in accordance with the international reporting standard. We are making every effort to record and continuously reduce Scope 3 emissions in collaboration with our partners and stakeholders, and aim to also integrate these activities into our non-financial reporting as comprehensively as possible in the near future.
Scope 2 emissions are calculated using both the location-based method and the market-based method. The location-based approach uses average emission factors for a region (e.g. a country), which then are applied to local energy consumption, for calculation purposes. The market-based approach, on the other hand, uses for calculation purposes certain emission factors that originate either from the energy supplier or from a specific electricity product. Using the market-based approach serves to increase the transparency of the company’s purchase of energy from renewable sources.
1. Environmental issues
Environmental issues primarily affect the interests of the residents living near our sites and other local population groups. In addition, entrepreneurial activities such as those of the PCC Group contribute
to the tackling of global environmental concerns (such as the fight against climate change). We are committed to complying with all applicable regulations, provisions and standards with regard to environmental protection and to implementing all our investments using modern, environmentally friendly and efficient technologies, particularly energy-saving technologies. Aside from the safety of our
employees and local residents, we regard the preservation of the environment as of paramount importance.
PCC policy in relation to environmental issues
- The great importance we attach to environmental protection in
the PCC Group has a decisive influence on our choice of manufacturing
processes and products; it also greatly informs our commitment
to sustainability and safety. This is likewise recorded in
our Code of Ethics, which is binding on the entire PCC Group.
- We implement all our investment projects using advanced, environmentally
acceptable and thus also energy-saving and economically
efficient technologies.
- PCC strives to minimize raw material and energy consumption in
its production processes and continuously analyzes possibilities
for improving working methods, manufacturing processes and
products. Our aim here is to ensure that these are all safe and
acceptable to employees, customers, the public and other stakeholders.
- All employees are jointly responsible for the protection of people and the environment in their sphere of activity. The laws, regulations and internal guidelines on environmental protection, health, plant safety and occupational safety must be strictly observed at all times. Every line manager and supervisor is obliged
to instruct, oversee and support their employees in the exercise of this responsibility. The commercial exploitation of natural resources such as air, water and geological materials may only take place within the framework of a previously granted permit. The same applies to the construction and operation of production facilities as well as their modification or expansion. Any unauthorized release of substances is forbidden.
- Waste must be disposed of in accordance with statutory regulations. If third parties are involved for this purpose, it must be ensured that they also comply with prevailing environmental regulations and the corresponding specifications of PCC.
Measures
PCC’s business activities, and especially our production operations, exert an effect on the environment. Significant environmental impacts include emissions of air pollutants, consumption of raw materials
and feedstocks, handling of hazardous substances, consumption of water and energy, wastewater pollution, waste disposal, accidents and noise emissions.
Companies of the PCC Group continuously combat these impacts by analyzing all areas and activities from which adverse effects on the environment and on the efficient use of resources may emanate, and by taking limiting measures where necessary, at the same time carefully taking into account the information provided by all interest groups, in particular local residents. This direct dialog with stakeholders at the local level is among the tasks and duties assigned to the respective Group companies.
One example that demonstrates how PCC takes environmental concerns into account in its investment projects is the silicon production plant in Iceland. Silicon production is extraordinarily electricity-intensive, but the energy supply of the PCC plant is covered entirely by regenerative sources, primarily geothermal energy. Last year, our plant was the first in the world to receive certification of the greenhouse gas balance for silicon metal in accordance with the new ISCC Carbon Footprint Certification (CFC) standard. Following an audit at the production site in H.sav.k by an independent certification body, the certificate was issued confirming a greenhouse gas footprint of 3,102.56 kilograms of carbon dioxide equivalent (CO2e) per metric ton of silicon metal as manufactured in the twelve-month reference period from July 1, 2022 to June 30, 2023. This is around a factor of 3.5 below the global industry average. Moreover, the dust emissions generated during silicon production are also almost completely removed from the ambient air in our plant by particularly effective filter systems. Our goal is also to operate the plant so that it is climate-neutral throughout. Due to the nature of the chemical reaction, which constitutes a reduction process, CO2 is produced even if renewable energies are exclusively used. In order to make these emissions climate-neutral, the reducing agent coal currently being used is increasingly being substituted in the process by sustainably produced charcoal. As a result, more and more biogenic CO2 will be produced in the process instead of fossil CO2. This biogenic CO2 was previously removed from the atmosphere by the timber vegetation used; therefore, when it is emitted, it does not contribute to an increase in the CO2 concentration. And the silicon metal and its by-products produced are also expected to contribute to sustainability and climate protection in the future. Silicon powder, for example, serves as the starting material for a novel anode alloy being developed by us in collaboration with the Fraunhofer Institute for Solar Energy Systems ISE. The anode material is expected to improve the performance of lithium-ion batteries, a key component in the process of energy transformation.
The Logistics segment’s largest business area is that of intermodal container transport, a system that efficiently combines environmentally friendly rail transport on long-distance routes and flexible road transport over the shorter distances. Compared to road-only transport, our combined intermodal transport services enabled emissions savings of 459,754 metric tons of the greenhouse gas CO2 in 2024 (previous year: 391,561 tCO2) with a total productive output of 3,701.7 million ton-kilometers (previous year: 3,152.7 million tkm). These calculations are based on data from the European Environment Agency of November 5, 2015 for the reference year 2014.
In recent years, the Conventional Energies business entity has reduced dust emissions from our cogeneration plant at the Brzeg Dolny chemical site with the installation of modern electrostatic precipitators. And the Renewable Energies business entity focuses on the operation of environmentally friendly small hydropower plants. Numerous certifications, the signing of public agreements and memberships of initiatives document the commitment of PCC’s affiliates
to environmental issues.
Companies of the PCC Group continuously combat these impacts by analyzing all areas and activities from which adverse effects on the environment and on the efficient use of resources may emanate, and by taking limiting measures where necessary, at the same time carefully taking into account the information provided by all interest groups, in particular local residents. This direct dialog with stakeholders at the local level is among the tasks and duties assigned to the respective Group companies.
One example that demonstrates how PCC takes environmental concerns into account in its investment projects is the silicon production plant in Iceland. Silicon production is extraordinarily electricity-intensive, but the energy supply of the PCC plant is covered entirely by regenerative sources, primarily geothermal energy. Last year, our plant was the first in the world to receive certification of the greenhouse gas balance for silicon metal in accordance with the new ISCC Carbon Footprint Certification (CFC) standard. Following an audit at the production site in H.sav.k by an independent certification body, the certificate was issued confirming a greenhouse gas footprint of 3,102.56 kilograms of carbon dioxide equivalent (CO2e) per metric ton of silicon metal as manufactured in the twelve-month reference period from July 1, 2022 to June 30, 2023. This is around a factor of 3.5 below the global industry average. Moreover, the dust emissions generated during silicon production are also almost completely removed from the ambient air in our plant by particularly effective filter systems. Our goal is also to operate the plant so that it is climate-neutral throughout. Due to the nature of the chemical reaction, which constitutes a reduction process, CO2 is produced even if renewable energies are exclusively used. In order to make these emissions climate-neutral, the reducing agent coal currently being used is increasingly being substituted in the process by sustainably produced charcoal. As a result, more and more biogenic CO2 will be produced in the process instead of fossil CO2. This biogenic CO2 was previously removed from the atmosphere by the timber vegetation used; therefore, when it is emitted, it does not contribute to an increase in the CO2 concentration. And the silicon metal and its by-products produced are also expected to contribute to sustainability and climate protection in the future. Silicon powder, for example, serves as the starting material for a novel anode alloy being developed by us in collaboration with the Fraunhofer Institute for Solar Energy Systems ISE. The anode material is expected to improve the performance of lithium-ion batteries, a key component in the process of energy transformation.
The Logistics segment’s largest business area is that of intermodal container transport, a system that efficiently combines environmentally friendly rail transport on long-distance routes and flexible road transport over the shorter distances. Compared to road-only transport, our combined intermodal transport services enabled emissions savings of 459,754 metric tons of the greenhouse gas CO2 in 2024 (previous year: 391,561 tCO2) with a total productive output of 3,701.7 million ton-kilometers (previous year: 3,152.7 million tkm). These calculations are based on data from the European Environment Agency of November 5, 2015 for the reference year 2014.
In recent years, the Conventional Energies business entity has reduced dust emissions from our cogeneration plant at the Brzeg Dolny chemical site with the installation of modern electrostatic precipitators. And the Renewable Energies business entity focuses on the operation of environmentally friendly small hydropower plants. Numerous certifications, the signing of public agreements and memberships of initiatives document the commitment of PCC’s affiliates
to environmental issues.
Performance indicators
The PCC Group determines the performance indicators relevant to its business activities on an annual basis. In addition to emissions of greenhouse gases (GHG) in the definition of Scope 1, these include both energy consumption and water usage as environmental issues. Scope 1 defines greenhouse gas emissions arising directly from our own assets or those controlled by PCC companies. In the case of energy consumption, all energy sources that are recorded individually, i.e. electricity, gas, heat, steam, fuel oil, gasoline and diesel, are added together without any distinction being made in the data record. The water consumption data relate to both water for the production process and wastewater. Similarly, we do not differentiate as to whether usage, consumption or emissions are due to the manufacture of a saleable end product or to internal further processing.
The electricity consumption of all companies of the PCC Group in 2024 was 1,019.9 GWh (previous year: 804.8 GWh). Of this, 556.4 GWh, or 54.6 %, was generated from renewable energy sources (previous year: 339.0 GWh, or 42.1 %). Our silicon metal plant in Iceland, which is powered exclusively with green electricity (primarily geothermal energy) and was once again producing with its two furnaces at full nominal capacity in 2024, made a major contribution to the share of renewable energy sources. It is for this reason in particular that the proportion of renewable energy increased compared to the previous year, when only one furnace was in operation. The specific electricity consumption of our portfolio companies rose to 0.67 MWh per metric ton of product in 2024, from 0.51 MWh in the previous year. Specific electricity consumption in relation to sales rose to 1,062.4 MWh per million euros (previous year: 810.0 MWh).
The PCC Group determines the performance indicators relevant to its business activities on an annual basis. In addition to emissions of greenhouse gases (GHG) in the definition of Scope 1, these include both energy consumption and water usage as environmental issues. Scope 1 defines greenhouse gas emissions arising directly from our own assets or those controlled by PCC companies. In the case of energy consumption, all energy sources that are recorded individually, i.e. electricity, gas, heat, steam, fuel oil, gasoline and diesel, are added together without any distinction being made in the data record. The water consumption data relate to both water for the production process and wastewater. Similarly, we do not differentiate as to whether usage, consumption or emissions are due to the manufacture of a saleable end product or to internal further processing.
The electricity consumption of all companies of the PCC Group in 2024 was 1,019.9 GWh (previous year: 804.8 GWh). Of this, 556.4 GWh, or 54.6 %, was generated from renewable energy sources (previous year: 339.0 GWh, or 42.1 %). Our silicon metal plant in Iceland, which is powered exclusively with green electricity (primarily geothermal energy) and was once again producing with its two furnaces at full nominal capacity in 2024, made a major contribution to the share of renewable energy sources. It is for this reason in particular that the proportion of renewable energy increased compared to the previous year, when only one furnace was in operation. The specific electricity consumption of our portfolio companies rose to 0.67 MWh per metric ton of product in 2024, from 0.51 MWh in the previous year. Specific electricity consumption in relation to sales rose to 1,062.4 MWh per million euros (previous year: 810.0 MWh).
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1 Change in percentage points
The absolute gross emissions of greenhouse gases in Scope 1 fell by 10.5 % in 2024 compared to the previous year, to 230.7 thousand metric tons of CO2 equivalent (tCO2e) (previous year: 257.6 thousand
tCO2e). As in previous years, CO2 accounted for the majority of greenhouse gas emissions. Adjusted for emissions from non-fossil, i.e. renewable, raw materials such as timber, Scope 1 emissions amounted to 214.2 thousand metric tons of CO2e (previous year: 229.2 thousand tCO2e). In specific terms, i.e. per metric ton produced or traded, gross emissions of Scope 1 greenhouse gases decreased by 8.4 % to 0.15 tCO2e. In relation to sales, gross emissions of greenhouse gases fell by 7.3 % to 240.3 tCO2e per million euros.
Water consumption and wastewater at the portfolio companies of the PCC Group essentially arise in the manufacturing processes of the chemical-producing segments. Absolute water consumption decreased by 0.9 % to 5,884.3 thousand m3 in 2024. In terms of quantities generated, specific consumption remained unchanged from the previous year at 3.8 m3 per metric ton. In relation to revenues, water consumption rose year on year to 6.1 thousand m3 per million euros (previous year: 6.0 thousand m3).
1 Based on the total output of all products and intermediate products
Goals
In its sustainability vision, the PCC Group acknowledges its ecological and social responsibility. The objective is to make a strong contribution to climate protection and sustainable development. Thus, the PCC Group is striving in the long term to reduce specific consumption and usage, particularly of water. Greenhouse gas emissions from PCC chemical production are to be halved by 2030 compared to 2020 (Scopes 1 and 2). By then, PCC’s energy generation is to be completely coal-free, with the share of energy supplied from renewable sources to be further increased. By 2050, the Group as a whole aims to be net-climate-neutral.
In its sustainability vision, the PCC Group acknowledges its ecological and social responsibility. The objective is to make a strong contribution to climate protection and sustainable development. Thus, the PCC Group is striving in the long term to reduce specific consumption and usage, particularly of water. Greenhouse gas emissions from PCC chemical production are to be halved by 2030 compared to 2020 (Scopes 1 and 2). By then, PCC’s energy generation is to be completely coal-free, with the share of energy supplied from renewable sources to be further increased. By 2050, the Group as a whole aims to be net-climate-neutral.
2. Employee issues
PCC invests in technical safety and training so as to continuously improve
occupational health and safety not only within the PCC Group
but also along the value chain. We regularly review compliance with
our safety, health and environmental standards. The occupational
health and safety management systems of the largest production
companies of the PCC Group, in particular PCC Rokita SA and
PCC Exol SA, are certified to ISO 45001:2018. Continued investment
in modern production facilities makes a significant contribution to
occupational safety.
In addition, PCC specifically promotes the individual development of its employees. They are granted scope to work independently on a results-led basis and opportunities to take on responsibility. Employee initiative and creativity are specifically encouraged, with decision- making authority assigned within the scope of each individual’s potential. They are supported in their personal development through tailored preparation for new tasks with thorough on-thejob training. In its human resources management, PCC attaches great importance to diversity, both cultural and professional. Discrimination is not tolerated within the PCC Group in any form whatsoever. And regulations governing gender equity and equality are binding.
In addition, PCC specifically promotes the individual development of its employees. They are granted scope to work independently on a results-led basis and opportunities to take on responsibility. Employee initiative and creativity are specifically encouraged, with decision- making authority assigned within the scope of each individual’s potential. They are supported in their personal development through tailored preparation for new tasks with thorough on-thejob training. In its human resources management, PCC attaches great importance to diversity, both cultural and professional. Discrimination is not tolerated within the PCC Group in any form whatsoever. And regulations governing gender equity and equality are binding.
PCC policy in relation to employee issues
In its Code of Ethics, PCC recognizes the four basic principles of the International Labour Organization (ILO). These are:
This means that all employees have the right to fair, courteous and respectful treatment. PCC does not tolerate any discrimination or harassment of employees. Specifically, discrimination or harassment on the grounds of descent, race, religion, origin, gender, disability, age, marital status, sexual orientation, political opinions or membership of trade unions or political parties is prohibited at PCC.
Together with protection of the environment, the safety and protection of our employees and of local residents are of the highest priority. PCC is therefore committed to ensuring safe working conditions at all times. For example, we implemented a highly comprehensive range of home office solutions at short notice during the coronavirus pandemic of recent years. In the event of an accident or malfunction, PCC takes the appropriate measures to avert, mitigate and repair the damage as quickly and effectively as possible and duly informs the relevant authorities.
The provisions on equality between men and women must be complied with. The equity imperative encompasses in particular areas such as task allocation, pay, training, professional development and promotion. All forms of sexual harassment in the workplace are prohibited. Sexual harassment is defined as any conduct with a sexual connotation which is undesirable to the person concerned and degrades their dignity.
Bullying as the deliberate exclusion and humiliation of employees is likewise not tolerated. Bullying is defined as systematic, persistent or repeated hostile behavior with the purpose of isolating a person at the workplace or within the workforce or even from the workplace.
PCC takes all reasonable measures to prevent discriminatory conduct and harassment. All employees are called upon to report any and all cases of discrimination or harassment observed in their working environment to their supervisor, the human resources department or the compliance officer.
In its Code of Ethics, PCC recognizes the four basic principles of the International Labour Organization (ILO). These are:
- Freedom of association and the right to collective bargaining
- Rejection of forced labor
- Rejection of child labor
- Rejection of discrimination in employment and occupation
This means that all employees have the right to fair, courteous and respectful treatment. PCC does not tolerate any discrimination or harassment of employees. Specifically, discrimination or harassment on the grounds of descent, race, religion, origin, gender, disability, age, marital status, sexual orientation, political opinions or membership of trade unions or political parties is prohibited at PCC.
Together with protection of the environment, the safety and protection of our employees and of local residents are of the highest priority. PCC is therefore committed to ensuring safe working conditions at all times. For example, we implemented a highly comprehensive range of home office solutions at short notice during the coronavirus pandemic of recent years. In the event of an accident or malfunction, PCC takes the appropriate measures to avert, mitigate and repair the damage as quickly and effectively as possible and duly informs the relevant authorities.
The provisions on equality between men and women must be complied with. The equity imperative encompasses in particular areas such as task allocation, pay, training, professional development and promotion. All forms of sexual harassment in the workplace are prohibited. Sexual harassment is defined as any conduct with a sexual connotation which is undesirable to the person concerned and degrades their dignity.
Bullying as the deliberate exclusion and humiliation of employees is likewise not tolerated. Bullying is defined as systematic, persistent or repeated hostile behavior with the purpose of isolating a person at the workplace or within the workforce or even from the workplace.
PCC takes all reasonable measures to prevent discriminatory conduct and harassment. All employees are called upon to report any and all cases of discrimination or harassment observed in their working environment to their supervisor, the human resources department or the compliance officer.
Measures
Within the PCC Group, there are risks to employees with regard to occupational health and safety, particularly in the manufacturing PCC companies. PCC is actively working to create a safe environment for its people, continuously improving working conditions by using advanced technologies and investing in modern production facilities.
PCC ensures that all employees enjoy equal opportunities in every dimension for their professional development, in relation to access to further training and in terms of their promotion opportunities. The companies of the PCC Group support their employees through flexible work-time models. The scope on offer ranges from working time accounts, part-time contracts and early retirement arrangements, to home office agreements. PCC encourages open communication between employees and, to the full extent possible, with our stakeholders.
PCC’s commitment to employee issues is evidenced by numerous certifications, the signing of public agreements and membership of initiatives:
Within the PCC Group, there are risks to employees with regard to occupational health and safety, particularly in the manufacturing PCC companies. PCC is actively working to create a safe environment for its people, continuously improving working conditions by using advanced technologies and investing in modern production facilities.
PCC ensures that all employees enjoy equal opportunities in every dimension for their professional development, in relation to access to further training and in terms of their promotion opportunities. The companies of the PCC Group support their employees through flexible work-time models. The scope on offer ranges from working time accounts, part-time contracts and early retirement arrangements, to home office agreements. PCC encourages open communication between employees and, to the full extent possible, with our stakeholders.
PCC’s commitment to employee issues is evidenced by numerous certifications, the signing of public agreements and membership of initiatives:
Performance indicators
The PCC Group is an internationally active conglomeration, as is reflected not only in the worldwide sale and distribution of products and services but also in the diversity of our employees. In 2024, the PCC affiliates around the world had in their employ people from a total of 32 nations (previous year: 30). The number of employees rose by 0.9 % to 3,295 as at December 31, 2024 (previous year: 3,265). The share of women increased slightly to 25.9 % (previous year: 25.4 %).
The proportion of women in the first and second levels of management at PCC affiliates rose from 21.7 % in the previous year to 23.6 %.
The PCC Group is an internationally active conglomeration, as is reflected not only in the worldwide sale and distribution of products and services but also in the diversity of our employees. In 2024, the PCC affiliates around the world had in their employ people from a total of 32 nations (previous year: 30). The number of employees rose by 0.9 % to 3,295 as at December 31, 2024 (previous year: 3,265). The share of women increased slightly to 25.9 % (previous year: 25.4 %).
The proportion of women in the first and second levels of management at PCC affiliates rose from 21.7 % in the previous year to 23.6 %.
1 Change in percentage points
2 First and second management levels
2 First and second management levels
PCC invests heavily across the Group in employee training and continuing
professional development, with a total of 45,781.5 hours
spent on this last year (previous year: 47,153.0 hours). Occupational
health and safety is invariably given high priority on the training
agenda. Occupational accidents resulting in incapacity for work of
more than one day amounted to 50 in 2024 (previous year: 55). The
number of sick days due to accidents at work fell across the Group
to 2,040 (previous year: 2,250). And the number of sick days due to
accidents at work per employee decreased to an average of 0.62
(previous year: 0.69).
PCC rewards the commitment of its people appropriately and respects
all employee rights of freedom of organization and co-determination.
All forms of discrimination are forbidden. Backed up by
insights revealed in personal discussions, the relatively high average
period of service with the PCC Group of 9.5 years (previous year:
9.4 years) offers an indication of employee satisfaction. The average
age of 41.1 years (previous year: 40.9 years) is evidence that PCC
values the expertise of older employees while also providing entry
opportunities for young people, thus encouraging diversity and promoting
good team performance through a mix of complementary
skills and experience.
Goals
PCC has set itself the goal of continuously raising the standards of health and safety for the Group’s employees, constantly paying particular attention to accident prevention and health protection at the workplace as well as to preventative healthcare measures. Beyond a safe, pleasant working environment based on mutual awareness and appreciation, it is a central objective of PCC to offer all employees opportunities for ongoing development, for example through targeted training. In addition, there are to be further improvements in family/career compatibility, one of the aims being to increase the proportion of women at all levels of the Group.
PCC has set itself the goal of continuously raising the standards of health and safety for the Group’s employees, constantly paying particular attention to accident prevention and health protection at the workplace as well as to preventative healthcare measures. Beyond a safe, pleasant working environment based on mutual awareness and appreciation, it is a central objective of PCC to offer all employees opportunities for ongoing development, for example through targeted training. In addition, there are to be further improvements in family/career compatibility, one of the aims being to increase the proportion of women at all levels of the Group.
3. Respect for human rights
PCC respects the protection of international human rights in accordance
with the UN Charter of Human Rights, recognizes them
unreservedly and supports them within its sphere of influence. Violations
of human rights are not tolerated and are duly sanctioned. In
addition to this categorical requirement, respect for and protection
of human rights are also important aspects of initiatives in which
PCC companies participate. One example of this is PCC Exol SA’s
membership of the UN Global Compact, the world’s largest and
most important initiative for sustainable and responsible corporate
governance.
Overall, it can be seen that the sites of the PCC companies are predominantly located in countries with a positive human rights record, particularly in Europe. Swapping these sites for those with a poorer human rights record and possibly lower production costs is not an option for PCC SE – neither for the Group as a whole, nor for the individual PCC companies.
Overall, it can be seen that the sites of the PCC companies are predominantly located in countries with a positive human rights record, particularly in Europe. Swapping these sites for those with a poorer human rights record and possibly lower production costs is not an option for PCC SE – neither for the Group as a whole, nor for the individual PCC companies.
Measures
PCC is actively committed to respecting human rights, particularly in new regions in which the PCC Group has previously not been active. The same human rights standards apply throughout the PCC Group, i.e. irrespective of location, as documented in particular by our participation in a number of initiatives:
PCC is actively committed to respecting human rights, particularly in new regions in which the PCC Group has previously not been active. The same human rights standards apply throughout the PCC Group, i.e. irrespective of location, as documented in particular by our participation in a number of initiatives:
Performance indicators
As in the previous year, no violations of human rights by or within the PCC Group were reported in 2024. Any potentially reported violation would be investigated by the Group management and sanctioned upon confirmation.
As in the previous year, no violations of human rights by or within the PCC Group were reported in 2024. Any potentially reported violation would be investigated by the Group management and sanctioned upon confirmation.
Goals
The PCC Group is committed to continuing to attach paramount importance to respect for human rights going forward. The respect for human rights enshrined in the Code of Ethics of the PCC Group is obligatory for all executive and supervisory bodies, managers and employees in the PCC Group. This applies in particular, but not exclusively, to new locations in regions in which PCC has not previously been commercially active. PCC believes that monitoring of compliance with human rights must be intensified at such places.
The PCC Group is committed to continuing to attach paramount importance to respect for human rights going forward. The respect for human rights enshrined in the Code of Ethics of the PCC Group is obligatory for all executive and supervisory bodies, managers and employees in the PCC Group. This applies in particular, but not exclusively, to new locations in regions in which PCC has not previously been commercially active. PCC believes that monitoring of compliance with human rights must be intensified at such places.
4. Social issues
The companies of the PCC Group have various stakeholders. The
value added statement shows that the largest portion of the total
operating output generated in the Group has flowed back to our
most important stakeholders, namely our employees, albeit with
other stakeholders also receiving a substantial share. We also take
the interests of our stakeholders into account in other ways. The
Group companies are members of international organizations in the
field of CSR and implement corresponding programs in this domain.
PCC SE and its subsidiaries promote social initiatives and institutions;
PCC also supports its employees in their voluntary social engagement
and actively promotes dialog with local communities. PCC’s
social responsibility remit includes cooperation with universities
and other educational institutions, as well as providing support to
sport and culture. Sponsorship money is only granted on the legal
basis applicable in each case. This also requires the approval of the
Executive Board of PCC SE, or the executive board or senior management
of the respective Group companies. Cash payments and other
financial contributions to politicians, political parties, associations or
other political organizations are strictly prohibited.
Performance indicators
In the form of wages and salaries, employer contributions for social insurance, pension benefits and other benefits, € 147.1 million and thus 88.3 % of the value added generated in fiscal 2024 went to our employees (previous year: € 138.0 million or 75.3 %).
The state received € 17.2 million through the payment of taxes such as corporate income tax or property tax, accounting for 10.3 % of the value added of the PCC Group (previous year: € 25.0 million or 13.6 %). Investors, bond subscribers and also minority shareholders in affiliates received a share of € 36.6 million through interest payments or dividends, representing 21.9 % of value added (previous year: € 33.6 million or 18.4 %). In the reporting year, the consolidated net result equated to a deduction of € – 34.2 million or – 20.5 % from the value added remaining in the company (previous year: € – 13.4 million or – 7.3 %).
In the form of wages and salaries, employer contributions for social insurance, pension benefits and other benefits, € 147.1 million and thus 88.3 % of the value added generated in fiscal 2024 went to our employees (previous year: € 138.0 million or 75.3 %).
The state received € 17.2 million through the payment of taxes such as corporate income tax or property tax, accounting for 10.3 % of the value added of the PCC Group (previous year: € 25.0 million or 13.6 %). Investors, bond subscribers and also minority shareholders in affiliates received a share of € 36.6 million through interest payments or dividends, representing 21.9 % of value added (previous year: € 33.6 million or 18.4 %). In the reporting year, the consolidated net result equated to a deduction of € – 34.2 million or – 20.5 % from the value added remaining in the company (previous year: € – 13.4 million or – 7.3 %).
Achievements related to social issues
PCC SE and its subsidiaries are directly involved in the local communities in which they operate. At our Group headquarters in Duisburg, for example, PCC SE has been supporting the homeless charity Gemeinsam gegen Kälte Duisburg e.V. (“Joint Action Against the Cold”) for a number of years now. PCC also sponsors local and regional sports and cultural events. For example, the holding company is the name sponsor of the PCC Stadium in Duisburg-Homberg, located near the Group’s headquarters, and the main sponsor of VfB Homberg e.V., the regional soccer team based there. As of year-end 2024, the PCC Group was providing support to 35 projects with donations in the amount of € 70.9 k (previous year: € 55.8 k in donations for 69 projects).
PCC SE and its subsidiaries are directly involved in the local communities in which they operate. At our Group headquarters in Duisburg, for example, PCC SE has been supporting the homeless charity Gemeinsam gegen Kälte Duisburg e.V. (“Joint Action Against the Cold”) for a number of years now. PCC also sponsors local and regional sports and cultural events. For example, the holding company is the name sponsor of the PCC Stadium in Duisburg-Homberg, located near the Group’s headquarters, and the main sponsor of VfB Homberg e.V., the regional soccer team based there. As of year-end 2024, the PCC Group was providing support to 35 projects with donations in the amount of € 70.9 k (previous year: € 55.8 k in donations for 69 projects).
Goals
PCC has set itself the goal of continuing to drive value creation within the Group for the benefit of all stakeholders. PCC strives to augment its commitment to its social responsibilities through greater participation of its Group companies in international organizations and initiatives in the field of CSR, and is implementing an increasing number of corresponding programs in pace with this effort. PCC also intends to further expand its social engagement, including its collaborations with universities and other educational institutions.
PCC has set itself the goal of continuing to drive value creation within the Group for the benefit of all stakeholders. PCC strives to augment its commitment to its social responsibilities through greater participation of its Group companies in international organizations and initiatives in the field of CSR, and is implementing an increasing number of corresponding programs in pace with this effort. PCC also intends to further expand its social engagement, including its collaborations with universities and other educational institutions.
5. Combating bribery and corruption
PCC does not tolerate any form of active or passive corruption, extortion
or bribery. Our commitment in this regard is set out in the PCC
Code of Ethics, which is binding on all employees of the PCC Group.
Measures
Business relations with suppliers and partners are to be conducted exclusively according to objective factual and commercial criteria. Personal interests have no role to play in such transactions. The prohibition on receiving or giving gifts applies not only to direct financial consideration but also to other benefits which could jeopardize the commercial independence of either party. Complementary to the relevant tax regulations and approval obligations, PCC has a strict policy in place governing the granting and acceptance of benefits, gifts or invitations.
Business relations with suppliers and partners are to be conducted exclusively according to objective factual and commercial criteria. Personal interests have no role to play in such transactions. The prohibition on receiving or giving gifts applies not only to direct financial consideration but also to other benefits which could jeopardize the commercial independence of either party. Complementary to the relevant tax regulations and approval obligations, PCC has a strict policy in place governing the granting and acceptance of benefits, gifts or invitations.
Performance indicators
In order to ensure compliance with statutory provisions and achievement of the objectives that exist in this domain, all related measures are only approved once all the bodies responsible have conducted their own thorough examinations. The penalties and fines imposed on PCC for non-compliance with laws and regulations amounted to € 8.0 k (previous year: 0). In the reporting year, there were no business relationships rejected due to compliance violations (previous year: 1).
In order to ensure compliance with statutory provisions and achievement of the objectives that exist in this domain, all related measures are only approved once all the bodies responsible have conducted their own thorough examinations. The penalties and fines imposed on PCC for non-compliance with laws and regulations amounted to € 8.0 k (previous year: 0). In the reporting year, there were no business relationships rejected due to compliance violations (previous year: 1).
Goals
PCC will continue to take uncompromising action against bribery and corruption on the basis of its zero-tolerance policy. Our goal is to ensure that the Group remains untainted by cases of this nature.
PCC will continue to take uncompromising action against bribery and corruption on the basis of its zero-tolerance policy. Our goal is to ensure that the Group remains untainted by cases of this nature.
