Material Aspects and Boundaries

How We Chose What to Include in Our Report

Ashland's online Sustainability Report contains information on the company's performance in the following areas: environmental stewardship, social, health and safety, product stewardship, community development and economic performance. This report includes information on our majority-owned operations where Ashland operates.

The company's stakeholders include employees, customers, suppliers, owners, contractors, business partners, governmental and non-governmental organizations, unions, industry colleagues and the communities where we operate.

Our stakeholders help shape our businesses and contribute to our overall success. We strive to be transparent with regard to our activities and operations, and we engage with our stakeholders on their issues of concern in a manner that is positive and constructive. Throughout the year we respond to many direct requests from our stakeholders regarding the company's environment, health and safety and social responsibility policies, programs and performance.

Our primary audience for this report includes, but is not limited to, the following stakeholders:

  • Current shareholders and prospective investors;
  • Current and prospective employees seeking to work for a sustainability-minded company;
  • Communities where we operate that want to understand how we manage and operate our business as a responsible corporate citizen;
  • Suppliers with whom we partner, who are critical to our operations; and
  • Governmental and non-governmental agencies that have an interest in our business and operations.

Materiality

At Ashland, we are striving to develop a more formal process to determine our material aspects. In our past reports, we reported, in accordance with the GRI guidelines, our management systems, goals and objectives and their importance to our stakeholders.

Material Aspects

Material Aspect

Internal Boundary

External Boundary

Economic Performance All global operations Shareholders, investment community, lenders, financial analysts globally
Energy

 

All global operations Governmental agencies, communities surrounding our operating locations, customers, NGOs
Greenhouse Gas Emissions All global operations Governmental agencies, communities surrounding our operating locations, customers, NGOs
Health & Safety All global operations Governmental agencies focused on health and safety in each of the countries where we operate
Local Communities All global operations Communities surrounding our operating locations and NGOs
Water All global operations Governmental agencies, communities surrounding our operating locations, customers, NGOs
Waste All global operations Governmental agencies, communities surrounding our operating locations, customers, NGOs
Product Safety All global operations Customers, consumers, governmental agencies, NGOs

In addition to reporting on these material aspects, we continue to provide relevant information on many other topics to meet the needs of our diverse stakeholders.