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Implementing Central Responsibility with distinct responsibilities and processes
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Where relevant, the management uses the specialist knowledge of expert networks to translate sustainability-related issues into concrete areas of action. As part of Evonik’s ongoing strategic development, in summer 2014 the Executive Board decided to establish a separate Sustainability/Corporate Responsibility Division reporting to the Chief Human Resources Officer. Responsibility for climate-change topics is also anchored at Executive Board level.
Alongside reliable and responsible management, social acceptance is a key factor for lasting success on the market. Together with our Code of Conduct, our Global Social Policy (GSP) and Environment, Safety and Health (ESH) Values contribute to responsible corporate Management.
In its Global Social Policy, Evonik defines principles of social responsibility to its employees. These include an obligation to comply with internationally recognized standards of conduct such as the International Labor Standards of the International Labour Organisation (ILO) and the Guidelines for Multinational Enterprises issued by the Organisation for Economic Cooperation and Development (OECD). Evonik does not tolerate any conduct that violates the OECD Guidelines for Multinational Enterprises. The governments of the OECD member states and other countries have signed these guidelines on how to meet their obligation to ensure responsible corporate conduct. The Global Social Policy states that the company’s success and reputation are based fundamentally on the professionalism and commitment of all employees.
By joining the United Nations’ Global Compact (UN Global Compact), Evonik gave an undertaking that, within its sphere of influence, it would respect and promote labor rights and human rights, avoid discrimination, protect people and the environment, and fight against corruption.
As a signatory to the chemical industry’s Responsible Care Global Charter, we have also given an undertaking that we will continuously strive to improve our performance in health protection, safety, environmental protection and product stewardship. Evonik has signed the Code of Responsible Conduct for Business, which sets measurable standards that have to be firmly anchored in participating companies. These include fair competition, social partnership, the merit principle and sustainability. We also expect our suppliers to share these principles and accept their responsibility with regard to their own employees and business partners, society and the environment. This is set out in our Supplier Code of Conduct.
Further, as a responsible company we have given a commitment to report regularly on our climate performance as part of the world’s largest investor initiative, the Carbon Disclosure Project (CDP). This covers international organizational processes, accountability, and transparent and challenging targets. Evonik’s sustainability management complies with the provisions of the German Sustainability Code.