Overall impact
B (79)

Commentary

Umicore is a strong overall performer. With a 'B' rating of 79.0 for overall impact (93rd percentile compared to all companies), Umicore ranks 3rd out of 30 industry peers, behind Veralto and Newater Technology, and ahead of Heritage-Crystal Clean, Advanced Emissions Solutions, Fuel Tech and 24 others. On top material causes for Umicore's industry (Waste Management), Umicore performs well in Sustainable Use of Natural Resources (95.4 score), Sanitation Access (96.0), No Poverty (90.6) and 6 other causes where it received an 'A' score and performs poorly in Disease Eradication (34.9 score).
Impact
Cause UMI.BR
Peer rank
Overall impact

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Impact trend

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Company
Founded
1906
Employees
11,251
Sector
Materials
Industry
Chemicals
Sub-industry
Specialty Chemicals
SASB industry
Chemicals
Headquarters
Belgium
Share classes
UMICY
ADR
UMI.BR
Description
Umicore SA operates as a materials technology and recycling company in Belgium, Europe, the Asia-Pacific, North America, South America, and Africa. It operates through Battery Material, Catalysis, Recycling, and Specialty Materials segments. The Battery Material segment develops, manufactures, and markets cathode materials and its precursors for lithium-ion batteries, as well as related refining activities of cobalt and nickel chemicals. The Catalysis segment provides automotive catalysts for gasoline, and diesel light and heavy-duty diesel applications, including on-road and non-road vehicles; stationary catalysis for industrial emissions control; and produces precious metals-based compounds and catalysts for use in the pharmaceutical and fine chemicals industries, as well as fuel cell applications. The Recyling segment is involved in precious metals refining and management, jewelry and industrial metals, and battery recycling solutions; and treating of complex waste streams containing precious and other specialty metals. This segment also produces precious metals-based materials for high-tech glass production and electronics. The Specialty Materials segments offers cobalt and specialty materials, electro-optic materials, and metal deposition solutions; produces and distributes cobalt and nickel products; and supplies products for precious and non-precious metal-based electroplating and PVD coating, as well as germanium-based material solutions for the space, optics and electronics sectors. The company was formerly known as Union Minière du Haut Katanga and changed its name to Umicore SA in 2001. Umicore SA was founded in 1805 and is headquartered in Brussels, Belgium.
Material causes
Ethos considers the following causes material for Umicore, based on its industry sub-industry Specialty Chemicals. Learn more about material causes in our methodology overview.

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This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

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