Annual Report 2012 - Knorr-Bremse AG.
Annual Report 2012 - Knorr-Bremse AG.
Annual Report 2012 - Knorr-Bremse AG.
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134<br />
<strong>Report</strong><br />
Corporate Responsibility<br />
“Responsibility is an<br />
integral part of our<br />
corporate strategy”.<br />
Corporate Responsibility at <strong>Knorr</strong>-<strong>Bremse</strong><br />
Sustainability and corporate responsibility (CR) are part and parcel of <strong>Knorr</strong>-<strong>Bremse</strong>’s corporate strategy.<br />
<strong>Knorr</strong>-<strong>Bremse</strong> is convinced that by systematically taking into account economic, environmental<br />
and social factors, it can both ensure the long-term success of the business and at the same time<br />
generate benefits for society. With the future in mind the company actively pursues a sustainability<br />
program focused on environmental compatibility and social commitment as well as innovation and<br />
value creation.<br />
CR strategy articulates understanding of corporate responsibility at <strong>Knorr</strong>-<strong>Bremse</strong><br />
Ever since the company adopted its CR strategy in 2010, <strong>Knorr</strong>-<strong>Bremse</strong> has been systematically implementing<br />
its commitment to responsible corporate conduct. The strategy articulates the company’s<br />
understanding of its responsibilities towards employees, society and the environment and the particular<br />
focus this takes. Every year <strong>Knorr</strong>-<strong>Bremse</strong> sets itself measures and goals for implementing the task<br />
of sustainability management in each of the defined CR fields of action – “Strategy and Management”,<br />
“Products and Partners“, “Employees and Management“, “Environment and Climate“, “Social Commitment“<br />
and “Communication and Cooperation“.<br />
<strong>Knorr</strong>-<strong>Bremse</strong> prioritizes particularly important CR issues on the basis of a materiality analysis, comparing<br />
the environmental and social challenges of its activities with the demands of the various players<br />
involved and assessing their relevance. This also ensures that responsible conduct at <strong>Knorr</strong>-<strong>Bremse</strong> is<br />
constantly evolving.<br />
In <strong>2012</strong> <strong>Knorr</strong>-<strong>Bremse</strong> adopted a comprehensive CR policy in which the company articulated its understanding<br />
of responsible conduct in the context of sustainability and laid down a clear framework for<br />
action in each field. The policy is supplemented through internal company guidelines and standards<br />
such as corporate health and safety and environmental policy or the quality management guidelines<br />
on procurement.<br />
<strong>Knorr</strong>-<strong>Bremse</strong> introduces Group-wide binding Code of Conduct<br />
During the year under review <strong>Knorr</strong>-<strong>Bremse</strong> introduced a Group-wide Code of Conduct that contains<br />
general principles and rules aimed at ensuring that our business processes are exemplary in<br />
terms of compliance with the law. In it the company explicitly undertakes to respect the law and<br />
internal guidelines and to promote diversity and equality of opportunity, fair working conditions,<br />
positive partnership with customers and suppliers, protection of the environment and climate and<br />
social responsibility. The Code of Conduct is binding for all employees and promotes a consistent<br />
Group-wide understanding of how <strong>Knorr</strong>-<strong>Bremse</strong> manages its relations with customers, suppliers<br />
and business partners – as well as ordinary people and the environment. The Code of Conduct has<br />
been communicated to the entire workforce and in 2013 will be incorporated step by step into internal<br />
processes.<br />
Corporate Responsibility established at central management level<br />
<strong>Knorr</strong>-<strong>Bremse</strong> has a separate department at the level of central management devoted to Corporate<br />
Responsibility. It is responsible for identifying appropriate areas and developing specific measures<br />
which are then jointly implemented with the specialist departments concerned. As the central body<br />
for discussion and decision-making the CR Council decides on strategic orientation and objectives. It<br />
consists of a representative of the Executive Board, two members of management from the two divisions<br />
and the CR department. During the year under review the CR Council met twice and amongst<br />
other things discussed Group-wide CR policy and the scope for expanding CR communication activ-