Management of Our Material Impacts, Risks and Opportunities

The following is a description, for specific topics, of WACKER’s positive and negative material impacts as well as our risks in relation to our own workforce along with information on our policy to counter these impacts and to minimize risks. We finish by describing specific goals and actions taken where applicable.

We see all the aforementioned impacts and risks in our own operations. We also see these impacts as systemic and widespread in the chemical industry. Our negative impacts are not the result of individual incidents. In the context of our human rights policy, we have classified the topics of forced and child labor as not being relevant to those risks to which our own workforce might be exposed.

WACKER makes a budget and personnel available in order to actively respond to material impacts and risks while taking suitable actions. Targeted investments in training programs, safety measures and sustainable technologies allow us not only to strengthen our competitiveness but also to minimize potential risks that could impact our workforce and the environment.