Rated A-Z
| Air Liquide | France | A- |
|---|
| Akzonobel | Netherlands | A+ |
|---|
| Arkema | France | B+ |
|---|
| BASF | Germany | A- |
|---|
| Bayer | Germany | A- |
|---|
| Centrica | UK | A- |
|---|
| Chemours | U.S. | C |
|---|
| Clariant | Switzerland | A- |
|---|
| DSM | Netherlands | B+ |
|---|
| DuPont | U.S. | B- |
|---|
| Evonik Industries | Germany | B+ |
|---|
| FMC | U.S. | B- |
|---|
| Huntsman | U.S. | C+ |
|---|
| ICL | Israel | C |
|---|
| K+S | Germany | B |
|---|
| Lanxess | Germany | B+ |
|---|
| Linde | Germany | B |
|---|
| Lonza | Switzerland | B+ |
|---|
| Mitsubishi Chemical | Japan | B |
|---|
| Monsanto | U.S. | C+ |
|---|
| Mosaic | U.S. | C+ |
|---|
| Novozymes | Denmark | A |
|---|
| Nufarm | Australia | B- |
|---|
| PPG Industries | U.S. | C+ |
|---|
| Praxair | U.S. | C+ |
|---|
| Sabic | Saudi Arabia | C+ |
|---|
| Sasol | South Africa | A |
|---|
| Solvay | Belgium | B+ |
|---|
| Sumitomo Chemical | Japan | B+ |
|---|
| Syngenta | Switzerland | B+ |
|---|
| Uralkali | Russia | B+ |
|---|
| Yara | Norway | B |
|---|
Ranked
| Akzonobel | Netherlands | A+ |
|---|
| Sasol | South Africa | A |
|---|
| Novozymes | Denmark | A |
|---|
| BASF | Germany | A- |
|---|
| Centrica | UK | A- |
|---|
| Bayer | Germany | A- |
|---|
| Clariant | Switzerland | A- |
|---|
| Air Liquide | France | A- |
|---|
| DSM | Netherlands | B+ |
|---|
| Arkema | France | B+ |
|---|
| Evonik Industries | Germany | B+ |
|---|
| Solvay | Belgium | B+ |
|---|
| Sumitomo Chemical | Japan | B+ |
|---|
| Uralkali | Russia | B+ |
|---|
| Lanxess | Germany | B+ |
|---|
| Syngenta | Switzerland | B+ |
|---|
| Lonza | Switzerland | B+ |
|---|
| Linde | Germany | B |
|---|
| Yara | Norway | B |
|---|
| Mitsubishi Chemical | Japan | B |
|---|
| K+S | Germany | B |
|---|
| Nufarm | Australia | B- |
|---|
| DuPont | U.S. | B- |
|---|
| FMC | U.S. | B- |
|---|
| Praxair | U.S. | C+ |
|---|
| Mosaic | U.S. | C+ |
|---|
| Sabic | Saudi Arabia | C+ |
|---|
| Monsanto | U.S. | C+ |
|---|
| Huntsman | U.S. | C+ |
|---|
| PPG Industries | U.S. | C+ |
|---|
| Chemours | U.S. | C |
|---|
| ICL | Israel | C |
|---|
Compared
Noticed
Akzonobel
With its very holistic approach to value creation, it remains a model of integrated and sustainability reporting, also well served by a user-friendly online format.
BASF
Factors influencing sales are shown very clearly while the considerable decline in some items isn’t concealed -yet put in perspective. They are among other good features in an intelligible and well-supported Management's Report.
Bayer
The CEO is pictured as CEO but signing as Chairman, and concluding on new strength to be injected into the European ideal while acquiring Monsanto (and having more shareholders in the U.S. than in Germany)? Hmm, commitment to social responsibility, perhaps... Yet this needs to be demonstrated. For the rest, a Bayer report as (informative and heavy) as usual.
Centrica
The online homepage may satisfy a few needs. The report itself is well introduced and delivers best on KPIs, business reviews -segmentation also looks clearer than at a few peers-, risks and uncertainties, and governance matters. Not bad for a tough year.
Clariant
A crystal-clear business model. The rest -i.e. the whole- is up to it.
DSM
Sustainability seems to be embedded in strategy, e.g. thanks to a specific Advisory Board. Clarity about reporting policy options.
DuPont
The last Annual Report -before the merger with Dow- doesn’t go further than a dull and conformist 10-K. The Data Book adds some value with figures yet some ratios may be questioned. The Sustainability Progress Report is short on real facts and slow to update.
FMC
Laudable efforts to make a 10-K more readable, but an unchanged structure means it’s just a halfway job.
K+S
An unexciting read. A report made in Deutschland über alles -neither worse nor better.
Lanxess
Another report that seems to have been written in corporate lingo and edited by consultants. However, it’s factual -check e.g. the Input-Output Balance Sheet and a solid Management Report- and charts are very legible. Why such an emphasis on last quarter in Key Data?
Linde
This report isn’t a real gas. And the arguments for a planned merger (of equals, of course) are mumbo-jumbo.
Mitsubishi Chemical
How to name it? MCHC? Mitsubishi Chemical? Kaiteki? Value creation and APTSIS (sic) are quite abstruse too. Dialog between CFO and Investor is commendable but makes a hard read.
Novozymes
An online report that works smoothly and effectively to deliver on many key reporting ingredients: e.g. Novozymes in a nutshell; key events; product launches; a nice business model exploration; and, last but not least, a strongly integrated approach.
Sasol
Value chain, operating model and refined legal structures (sic), both external and internal operating context, and value creation set out very clearly. Check out KPIs and risk factors, too.
Sumitomo Chemical
Perfect overview of business sectors and their contribution. 17 Sustainable Development Goals highlighted in a rather solid CSR book that includes a wealth of environmental data.
Uralkali
Key Performance Indicators that mean something.
Yara
With its extensive menu, is the digital version supposed to be more convenient to use? Actually, due to basic navigation facilities, it isn’t. Content is satisfying but not made most persuasive in the market context.
