Sustainability Report 2019/2020

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Creating tomorrow’s solutions

Voluntary Commitments

Our actions are guided by two voluntary global initiatives: the chemical industry’s Responsible Care® initiative and the UN’s Global Compact. These form the basis for sustainable corporate management at WACKER. WACKER has been an active member of the Responsible Care® initiative since 1991. As a program participant, we must act to continually improve health, safety and environmental performance on a voluntary basis – even in the absence of statutory requirements. We attach equal importance to economic and social goals. This explains our strong focus on environmental protection, plant process safety (for both employees and neighbors), occupational safety, and product safety (for customers and end users).

As a member of the UN Global Compact, we support the goals of this, this initiative for responsible corporate management. The Global Compact addresses the protection of human rights, social and environmental standards, and the fight against corruption. Our progress report can be read on the website of the UN Global Compact. We commit to implementing the Global Compact’s ten principles, which are derived from the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, and the Rio Declaration on Environment and Development.

Human Rights

  • Principle 1: businesses should support and respect the protection of internationally proclaimed human rights within their sphere of influence, and
  • Principle 2: make sure that they are not complicit in human rights abuses.

Labor Standards

  • Principle 3: businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining,
  • Principle 4: the elimination of all forms of forced and compulsory labor,
  • Principle 5: the effective abolition of child labor, and
  • Principle 6: the elimination of discrimination in respect of employment and occupation.

Environmental Protection

  • Principle 7: businesses should support a precautionary approach to environmental challenges,
  • Principle 8: undertake initiatives to promote environmental responsibility, and
  • Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

  • Principle 10: businesses should work against corruption in all its forms, including extortion and bribery.