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Glossary of terms

Tax burden

Taxes as a percentage of the earnings from normal business operations

Cash flow

Net profit plus depreciations

CoSS

Code of Sustainable Supply

CSRD

Corporate Sustainability Reporting Directive

Current ratio

Current assets/current liabilities

EBIT

Earnings before interest and taxes

EBITA

Earnings before interest, taxes and amortisation of goodwill

EBITA margin

EBITA/total operating income

EBITDA

Earnings before interest, taxes, depreciation of tangible fixed assets and amortisation of goodwill

EBT

Earnings before tax

EED

European Energy Efficiency Directive

EML

Recognised measures list

ESG

Environmental, Social & Governance

ESRS

European Sustainability Reporting Standard

GRI

Global Reporting Initiative

FTE

Fulltime Equivalent

GoO

Guarantee of Origin

KPI

Key Performance Indicator

LCA

Lifecycle Analysis

OECD Directive

Guideline from the Organisation for Economic Cooperation and Development

QHSE

Quality, Health, Safety, Environment

Quick ratio

Current assets less stocks/current liabilities

Return on shareholders’ equity

Net profit as a percentage of equity

SBT

Science Based Targets

SCL

Safety Culture Ladder

SDGs

Sustainable Development Goals (Sustainable development)

Solvency

Equity/total capital

SROI

Social Return on Investment

Working capital

Equity plus third-party share plus provisions

Colophon

Unica Groep
PO Box 202
3870 CE Hoevelaken
The Netherlands
T: +31 (0)33 - 247 8080
E: info@unica.nl
W: www.unica.nl/english

Editors

Unica Groep, Schrijfveer (interviews), Buro M Wijs (interviews), Marieke van Dulmen (photography), Marlie Koggel (photography) and Tom van den Dool (photography).

© Unica Groep. All rights reserved. Unica has compiled this annual report with care and is under no circumstances liable for any inaccuracies. No part of this publication may be reproduced without written permission from Unica.