The Company’s operations are structured into four operating segments that represent the geographic areas under which the Company manages its business:
Rest of World includes certain developing businesses in Latin America (including Brazil and Mexico) and the Asia-Pacific region. This report reflects all of Univar’s operations across these geographical areas.
In the year ended December 31, 2017, the Company completed two acquisitions.
On September 21, 2017, the Company completed an acquisition of 100% of the equity interest in Tagma Brazil Ltd. (“Tagma”), a leading Brazilian provider of customized formulation and packaging services for crop protection chemicals that include herbicides, insecticides, fungicides and surfactants. This acquisition expands Univar’s agriculture business in one of the world’s fastest-growing agricultural markets.
On September 29, 2017, the Company completed a definitive asset purchase agreement with PVS Minibulk, Inc. (“PVS”), a provider of Minibulk services for inorganic chemicals in California, Oregon, and Washington. This acquisition expands and strengthens Univar’s MiniBulk business in the West Coast market as the Company has the opportunity to service PVS customers and integrate them into the Univar business.
Our energy and emissions data collection methodology aligns to the GHG Protocol Corporate Accounting and Reporting Standard. Data has been collated for all operational sites and significant offices for 2017 and emission calculations are based on 2017 UK Government GHG factors for all conversions with the exception of non-UK electricity, which was calculated using 2015 UK Government GHG factors. These factors are now available via the International Energy Institute. Our energy and emissions relate to our scope 1 (direct) and scope 2 (indirect) emissions. Where appropriate, we have made informed estimations for a small number of sites. At present, we do not collect data on or report our scope 3 emissions. However, as part of our ongoing stakeholder engagement, we are considering areas of our scope 3 emissions, which we may report in the future.
Univar produced a global baseline for energy and emissions based on 2015 data, allowing us to carry out short-term, useful reduction calculations in our 2016 Sustainability Report. Although Univar has collected and assessed our energy and emissions data since 2007, in some regions, 2015 was the first year in which data from our global sites was sufficiently complete and transparent.
Despite the improvements in data leading up to 2015, Univar has selected 2016 to serve as the baseline for our sustainability goals to 2021.
The calculated totals and historic figures for Univar’s global operational water consumption has changed significantly from that reported in our 2016 Sustainability Report. This is due primarily to improved comprehensiveness and accuracy of our data reporting.
This report features minor adjustments to some of the figures published in our 2016 Sustainability Report on the topics of significant releases and Univar’s TCIR figures. These minor adjustments reflect Univar’s close monitoring and reporting of these subjects and for the main part reflect changes determined from the completion of investigations into accidental releases and safety related incidents.