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Sustainable and responsible practices are a prerequisite for maintaining good future prospects for our enterprise.
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The WBCSD is globally active in its quest to incorporate the interests and participation of private enterprise into shaping the political sustainability agenda—for example, by representing those interests at the UN Climate Change Conferences. For years now, the WBCSD has advocated the introduction of binding global-emissions targets. In a declaration issued in 2007, it stated that such targets were of pivotal importance as a basis for corporate decision-making.
Its regionalized network sees WBCSD well represented in developing countries. That network covers organizations in 60 countries and more than 180 member companies around the world. The WBCSD is represented in Germany by the econsense Forum for Sustainable Development of German Business. Among the issues which econsense is currently exploring: How to safeguard sustainability standards along the value chain; how to utilize limited resources more efficiently in production; and the responsibility incumbent upon the commercial sector for the observation of human rights.
As one of the world’s leading manufacturers of specialty chemicals, Evonik believes that sustainable business practices and the responsible management of natural resources are a prerequisite for maintaining good future prospects for our enterprise. That is why the Group is globally committed to responsible business management and to its responsibility for employees, the communities it serves, and the natural environment. Evonik contributes to the cause of sustainable development through its work on new products and concepts for innovative business models.
In keeping with that commitment, Evonik last year comprehensively examined its sustainability strategy with a view to transparently assessing the sustainability aspects of our business and how they are assimilated into the corporate decisions we take. The aim is to cater more effectively to the growing demands for balanced corporate development, for example in the investment decisions we take and in our research activities. Balanced corporate development is oriented on a three-pillar model of sustainability that makes due accommodations for environment, safety and health, for responsible treatment of the workforce, and for the development of manufacturing methods, products, and business procedures that make judicious use of our natural resources.
Evonik already bases its strategy closely on the WBCSD’s “Vision 2050,” one of the central goals of which is to enable “a good life for some 9 billion people within the natural confines of our planet.” What this means in practical terms is to make a sufficient supply of food, clean water and clean air, living space, opportunity for mobility and education, and health services available to a growing world population and to reconcile those needs with the limited natural resources at our disposal.