Umicore: From laggard to sustainability champion
Case Study

Umicore: From laggard to sustainability champion

3 pages
May 2022
Reference: IMD-7-2255

At the turn of the century, Umicore was a mining company far from being sustainable – a business of extracting finite resources from the ground combined with high CO2 intensity. Today, Umicore pivoted to take the wind from behind: it became a truly innovative technology firm operating at the frontier of metallurgy, chemistry and materials science, leader in clean mobility and recycling, which together represent more than 75% of its revenue. Umicore transitioned from being a sustainability laggard, exposed and with limited long-term growth prospects to a true sustainability champion, a front-runner in the mining and materials industry paving the way to reinvent the way we use finite resources.

Learning Objective
  • Sustainability transformation
Keywords
Sustainability, Transformation, Technological Innovation, Clean Mobility, Recycling, Business Transformation, Industry Infrastructure, Industry Innovation, Responsible Consumption, Responsible Production, Climate Action
Settings
Belgium
Umicore, Metals and Mining
2000-2020
Type
Published Sources
Copyright
© IMD 2022
Language
English
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