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Glossary & management

Glossary

Glossary  
GENDER

Gender diversity %
Indication of the opposite (minority) gender share
Leadership team Bekaert Group Executive + B13 and above managers (Hay classification reference)
SAFETY
Serious injuries Accidents with life-threatening/life altering injuries
BeCare coverage %
% of employees trained in BeCare, Bekaert’s global safety program
ENVIRONMENT
kWh/GWh
Kilowatt per hour / Gigawatt per hour 1 gWh = 1 mln kWh
Energy intensity ratio The energy (electricity and thermal) used per ton of end product produced
GHG intensity ratio Greenhouse gas ratio or carbon dioxide (CO₂) exhaust in kg per ton end product produced (intensity corrected with renewable energy share)
Scope 1 emissions CO₂ emissions from sources owned or controlled by us (in our plants: e.g. natural gas)
Scope 2 emissions CO₂ emissions from purchased/acquired electricity, heating, cooling and steam for consumption in our plants
Scope 3 emissions
CO₂ emissions that are a consequence of our activities, but from sources not owned or controlled by us
Energy > CO₂ conversion Based on IEA/EPA rules
Annual CO₂ savings attributable to Bekaert ST/UT tire cord
Scope 3 emissions: CO₂ emission of fuel x fuel savings for tires reinforced with Bekaert ST/UT steel cord. Calculated for passenger and truck tires on the basis of effective (and targeted) Bekaert sales; generally accepted conversion tables fuel/CO₂; and test results of ST/UT on rolling resistance (results vary in function of tire design and other factors from 2% to 7%. In our calculations we took the lowest assumption (2%) as a parameter so that our data (actuals and targets) represent the absolute minimum impact of our products on CO₂ reduction).

Management

As of end of March 2022

Bekaert Group Executive  
Oswald Schmid
Chief Executive Officer
Juan Carlos Alonso
Chief Strategy Officer
Kerstin Artenberg Chief Human Resources Officer
Taoufiq Boussaid Chief Financial Officer
Yves Kerstens Divisional CEO Specialty Businesses and Chief Operations Officer
Arnaud Lesschaeve
Divisional CEO Rubber Reinforcement
Curd Vandekerckhove Divisional CEO Bridon-Bekaert Ropes Group
Stijn Vanneste Divisional CEO Steel Wire Solutions
Senior Vice Presidents  
Jan Boelens
Senior Vice President Steel Wire Solutions EMEA
Bruno Cluydts Chief Strategy Officer BBRG
Philip Eyskens Chief Legal & Compliance Officer
Annalisa Gigante Chief Innovation and Technology Officer
Katiana Iavarone Chief Procurement Officer
Raj Kalra Senior Vice President Rubber Reinforcement Sales, Marketing & Strategy 
Patrick Louwagie Senior Vice President Global Engineering and Operational Excellence
Dirk Moyson Senior Vice President Rubber Reinforcement Global Operations 
Steven Parewyck
Senior Vice President Steel Wire Solutions Latin America North and North America 
Raf Rentmeesters
Senior Vice President Building Products
Adam Touhig
Senior Vice President Rubber Reinforcement Asia
Gunter Van Craen
Chief Digital & Information Officer (CIO)
Geert Voet
Senior Vice President Steel Wire Solutions South and Central America
Zhigao Yu
Senior Vice President Rubber Reinforcement Technology

Statement from the responsible persons

The undersigned persons state that, to the best of their knowledge:

  • the consolidated financial statements of NV Bekaert SA and its subsidiaries as of 31 December 2021 have been prepared in accordance with the International Financial Reporting Standards, and give a true and fair view of the assets and liabilities, financial position and results of the whole of the companies included in the consolidation; and
  • the annual report on the consolidated financial statements gives a fair overview of the development and the results of the business and of the position of the whole of the companies included in the consolidation, as well as a description of the principal risks and uncertainties faced by them.

On behalf of the Board of Directors:
Oswald Schmid, Chief Executive Officer
Jürgen Tinggren, Chairman of the Board of Directors

GRI 102-14

Company Secretary

Isabelle Vander Vekens

Auditors

EY

The Auditor’s Report is included in the Financial Statements of this annual report.

Editor & coordination

Katelijn Bohez, VP Sustainable Finance & Community Relations

GRI 102-53

Design & Production

Katrien Strobbe - Strobbe Design
Eduardo Chaves - Bekaert

Disclaimer

This report may contain forward-looking statements. Such statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Bekaert is providing the information in this report as of this date and does not undertake any obligation to update any forward-looking statements contained in this report in light of new information, future events or otherwise. Bekaert disclaims any liability for statements made or published by third parties and does not undertake any obligation to correct inaccurate data, information, conclusions or opinions published by third parties in relation to this or any other report or press release issued by Bekaert.

Contact

bekaert.com
corporate@bekaert.com
T +32 56 76 61 00

The annual report for the 2021 financial year is available in English and Dutch on annualreport.bekaert.com 

GRI 102-5