Annual Report 2023

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Creating tomorrow’s solutions

Voluntary Commitments

Our actions are guided by voluntary initiatives, which form the basis for sustainable corporate management at WACKER.

Responsible Care®

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).

UN Global Compact

As a member of the UN Global Compact, we support the goals of this initiative for responsible corporate management. The Global Compact addresses the protection of human rights, social and environmental standards, and the fight against corruption. We have undertaken to implement the Global Compact’s 10 principles. These 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. Our progress report can be found on the UN Global Compact website. During the year under review, we joined the newly founded UN Global Compact Network Germany association.

The latest progress report is also published on the WACKER website at: https://www.wacker.com/cms/en-de/about-wacker/sustainability/global-compact/detail.html

UN Race To Zero

WACKER’s ambitious climate change mitigation targets are science-based. They are consistent with the goal of keeping the global rise in temperature below 1.5 °C and are therefore compatible with the Paris Agreement. Our targets have been validated by the independent Science Based Targets initiative (SBTi). WACKER is also a member of the UN “Race To Zero” initiative, thus making a voluntary commitment to meeting the “1.5 °C” target and undertaking to document its progress towards net zero by means of transparent reports.