Environmental Social Governance
Our commitment to sustainability
Climate change and the rapid growth in population are the greatest long-term challenges facing society. Prosperity has to be assured for a growing number of people with ever-lower CO2 emissions. We have to accept this challenge. Due to dynamically changing load conditions, the global energy revolution will also require a comprehensive redesign of the grid infrastructure – both in the transmission and in the distribution grids. New ideas and pioneering technologies are the key here to ensuring that the adaptation to changed requirements remains technologically successful and affordable.
As the specialist in regulating load flow and power quality, we help grid operators and manufacturers of critical supply grid equipment ensure increased availability and resilience while simultaneously reducing resource consumption and lowering system costs. As THE POWER BEHIND POWER, we also support the Sustainable Development Goals (SDGs) of the United Nations. Here, we focus on SDG 5, 7, 8, 9, 10, and 12.Learn more about the SDGs
We are aware of our particular responsibility toward the environment, customers, employees and society as a whole. The goals we have set for the management of the company are equally ambitious.
The sustainable protection of our environment is a binding company goal that we measure ourselves, our employees and our business partners against. We adhere to the legal requirements, of course, and go beyond them whenever possible. We apply measures for preventative environmental protection across the entire value chain – from planning and acquisition to production, supply, services and customer service.
We take responsibility not only for our employees, but for all people with whom we work. Comprehensive measures for occupational safety are an integral part of our corporate policy and systematically reduce accident and health risks. Based on the latest findings in occupational safety research, we continuously optimize these measures along the entire value creation chain and seek to implement solutions that set an example in the industry.
Intensive collaboration with research institutes, universities and schools underscores our demand for excellence. The Scheubeck-Jansen Foundation, financed by the company's owners, is explicitly dedicated to the promotion of science and education.
As a company that has been family-owned for generations, work-life balance is very important to us. To this end, we offer our employees a diverse range of above-average benefits (including parent-and-child offices, in-house nurseries and holiday care for children).
We maintain an integrated management system in accordance with the following international standards, among others:
- DIN EN ISO 9001, DIN EN ISO 14001, OHRIS or similar standards like DIN EN ISO 45001
- KTA 1401 (certificate for nuclear power facilities), DIN EN ISO/IEC 80079-34 (for Ex protection products)
- ISO 17025 for the test field area of MR GmbH and measuring technology area of HIGHVOLT Prüftechnik Dresden GmbH
Our comprehensively documented process performance system (PPS) ensures the systematic implementation of the standards listed above. Company management provides the necessary resources for this and supports the qualification of employees.
An important aspect that differentiates us from the competition is the consistently superior quality of our products, solutions and services.
We achieve this through the following means, among others:
- Consistent orientation to the needs of our customers, whose enthusiasm is our strongest drive.
- The exclusion of malfunctions to avoid interruptions in processes and products of our customers.
- The aspiration of continuous improvement to simplify products and processes.
Collaboration with our business partners and employees is defined in our Code of Conduct. It obligates us to the following principles:
- We comply with the applicable legal regulations for our business activities.
- In collaboration with business partners, we follow the principles of non-discrimination, the applicable competition laws and we reject corruption and bribery.
- Our conduct toward employees is based on values such as equal opportunity and equal treatment and on responsibility for their health and safety.
- We reject child labor and we therefore do not employ any persons unless they are at least 16 years of age (in countries that fall under the exception for developing countries according to ILO Convention 138, the minimum age may be reduced to 14 years).
- We observe environmental protection with regard to the applicable legal guidelines and international standards, we avoid wasting resources and we maintain an appropriate environmental management system.
- We comply with data protection and data privacy, handling personal data confidentially and responsibly in accordance with the applicable data protection regulations.
Ever since the German Act for the Equal Participation of Men and Women in Leadership Positions in the Private and Public Sector came into force, the target figures for the first defined period of compliance (up to 30 June 2017) have been achieved.
- For the next compliance period, it was determined that the portion of women on the Executive Board and in the second management level below the Executive Board (the Management Committee), each of which currently has no women, should be kept constant until June 2022 and the end of 2021, respectively.
- In the first management level below the Executive Board (the authorized signatories), the target figure to be achieved by December 2021 was defined as 17%. As of 31 December 2020, this amounted to 25%.
- On the Supervisory Board, which currently has a 33% share of women, the target value to be achieved by June 2022 was exceeded by 33%.
- As a result, the target figures were achieved or exceeded in all the relevant committees as of 31 December 2020.