2014 Corporate Social Responsibility Report & Materiality Assessment
Headquartered in Chesterland, Ohio, Fairmount Santrol (NYSE: FMSA) is a leading provider of high-performance sand and sand-based products used by oil and gas exploration and production companies to enhance the productivity of their wells. The company also provides high-quality products, strong technical leadership, and applications knowledge to end users in the foundry, building products, water filtration, glass, and sports and recreation markets.
Since 2005, BrownFlynn has partnered with Fairmount Santrol on its sustainable development journey, most notably by producing its annual Corporate Social Responsibility (CSR) Report.
In 2014, Fairmount Santrol became a public company. In that same year, BrownFlynn led the Company through a materiality assessment which informed our work on Fairmount Santrol’s first GRI G4 report.
Through the materiality assessment, we identified Fairmount Santrol’s most significant environmental, social, and governance (ESG) topics and reported on each in detail. This report expands upon previous topics being reported to provide increased transparency to stakeholders.
Fairmount Santrol’s board of directors appreciated the timing and outcomes of the assessment which helped to reinforce that they are investing in ESG issues that bring tangible financial value to the business.
The materiality assessment validated many topics Fairmount Santrol has historically known to be important to their organization and are actively managing. The process also shed light on opportunities to invest in and manage their most material topics in additional strategic ways as well as expand reporting on their management approach for these various topics.
Fairmount Santrol’s unwavering commitment to People, Planet, and Prosperity continues to make them a leader in the mining industry—as an employer and partner of choice. Employees are empowered and engaged in sustainable development, driving efficiency, innovation, hard work, commitment, and ultimately financial value and prosperity. Fairmount Santrol’s efforts to get clear on what matters most to their stakeholders supported by unparalleled actions and transparency truly sets them apart in their industry.
“BrownFlynn guided us through the shift from GRI G3 to G4 and through a comprehensive sustainability materiality study that has informed our sustainable development strategy. We were very pleased with the final product and could not have done it without BrownFlynn. They know GRI, sustainability, sustainability reporting, graphic design and they can write!”
– Beau Daane, Director of Sustainable Development
Statement from the most senior decision-maker of the organization about relevance of sustainability to the organization and the organization’s strategy for addressing sustainability
Name of the organization
Primary brands, products, and services
Location of organization’s headquarters
Number of countries where the organization operates, and names of countries with significant operations or that are specifically relevant to the sustainability topics covered in the report
Nature of ownership and legal form
Scale of the reporting organization
Total workforce by employment type, employment contract, and region, broken down by gender
Percentage of total employees covered by collective bargaining agreements
Description of the organization’s supply chain
Significant changes during the reporting period regarding organization's size, structure, ownership, or supply chain
Whether and how the precautionary approach or principle is addressed by the organization
Externally developed economic, environmental, and social charters, principles, or other initiatives to which the organization subscribes or endorses
Memberships in associations and/or national/international advocacy organizations
Entities included in the organization consolidated financial and nonfinancial reports
Process for defining report content
Material aspects identified in the process for defining report content
For each material aspect, the aspect boundary within the organization
For each material aspect, the aspect boundary outside the organization
Explanation of the effect of and reasons for any restatements of information provided in earlier reports
Significant changes from previous reporting periods in the scope and aspect boundaries
List of stakeholder groups engaged by the organization
The basis for identification and selection of stakeholders with whom to engage
The organization’s approach to stakeholder engagement, including frequency of engagement by type and by stakeholder group, and an indication of whether any of the engagement was undertaken specifically as part of the report preparation process
Key topics and concerns that have been raised through stakeholder engagement, and how the organization has responded to those key topics and concerns, including through its reporting. Report the stakeholder groups that raised each of the key topics and concerns
Date of most recent previous report
Contact point for questions regarding the report or its contents
‘In accordance’ option and GRI Content Index
Policy and current practice with regard to seeking external assurance for the report
Governance structure of organization, including committees of the highest governance body
The organization’s values, principles, standards, and norms of behavior such as codes of conduct and codes of ethics
Disclosure on Management Approach for Aspect
Coverage of the organization’s defined benefit plan obligations.
Financial assistance received from government.
Significant indirect economic impacts, including the extent of impacts.
Total number and rates of new employee hires and employee turnover by age group, gender and region.
Average hours of training per year per employee, by gender and by employee category.
Percentage of employees receiving regular performance and career development reviews, by gender and by employee category.