Contents
Scheduled to open in 2020, Jotun’s new headquarters and R&D centre in Sandefjord, Norway represents the company’s
single largest investment to date.
ENVIRONMENTAL COMMITMENT … 52
Jotun GreenSteps … 54
Renewable energy … 56
Green Building Solutions … 58
JOTUN AND SOCIETY … 60
Global commitment … 62
Local commitment … 63
Responsible purchasing … 64
Anti-corruption … 66
FINANCIAL PERFORMANCE … 68
Chairman of the Board … 70
Financial statements … 71
Executive summary of the … 71
financial statement for 2018 … 76
COMPANY OVERVIEW … 78
Board of Directors and Corporate Assembly … 80
INTRODUCTION … 02
Group key figures … 03
At a glance … 04
Four segments … 05
Regional highlights … 06
OUR BUSINESS … 08
Management summary … 10
Marine Coatings … 12
Protective Coatings … 16
Powder Coatings … 20
Decorative Paints … 24
CUSTOMERS AND INNOVATION … 28
Colour Academy … 30
Jotun R&D … 32
Innovation … 34
CORPORATE RESPONSIBILITY (CR)
AND GOVERNANCE … 36
Business ethics … 38
EMPLOYEES AND THE WORKPLACE … 40
HR review … 42
Employer branding … 44
HSEQ … 46
Competence … 48