Sustainability Report 2024

Employee Health and Well-being

We support healthy lifestyles and encourage employees to take advantage of “Your Journey to Wellness,” a program aimed at elevating physical and financial well-being. Employees earn reimbursements and cash incentives for participating in preventative care activities. Last year, CPChem expanded the program to offer rewards for actions like completing health screenings and engaging in financial wellness activities.

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CPChem directed
$111,000,000+
toward wellness &
well-being in 2024

Total Rewards

At CPChem, the well-being of our employees and their families is a top priority. We offer a comprehensive and competitive Total Rewards package that aims to enrich the lives of our team members and their loved ones. We actively explore additions and enhancements to our reward package to ensure we are well-positioned to attract and maintain top-tier talent.

SDG #3, Good Health and Well-being

Total Rewards Program Highlights*

Health

  • Medical, behavioral health, prescription drug, dental and vision plans
  • Company-paid life insurance, long-term disability insurance, accidental death and personal loss insurance and business travel accident insurance
  • Healthcare and dependent care flexible spending accounts, with company contribution to Health Savings accounts
  • Optional additional life and AD&PL coverage, critical illness insurance and group legal plan

Wealth

  • Bonus, salary increase and recognition programs
  • Company-paid employee assistance, financial planning and healthcare advocacy services
  • Pension plan for most employees
  • 401(k) match on eligible contributions
  • Flexible Benefits Program

Career

  • Educational assistance/tuition reimbursement
  • Relocation assistance

Family and Community

  • Flexible work arrangements, including a hybrid work-from-home model at many locations
  • 9/80 and 4/10 work schedules at many locations
  • Matching charitable gifts for higher education and qualified nonprofit organizations
  • MyDay, a floating holiday benefit, provides U.S. based employees the flexibility to self-select a day of cultural, religious or personal significance to observe as a paid day off
  • Paid leave programs including vacation, parental leave, volunteer leave and short-term disability
  • Family formation support, including infertility treatment and in-vitro fertilization

* Rewards may vary by location and job role

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Our Approach to Sustainability

Our Approach to Sustainability
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Social Responsibility

Social Responsibility

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