We are committed to maintaining and promoting high labor and social standards: We comply with federal laws, adhere to internationally recognized standards and respect generally accepted customs.
Within our spheres of influence, we promote the protection and consistent implementation of the principles of the U.N. Global Compact. We respect and support:
- The United Nations’ Universal Declaration of Human Rights;
- The International Labor Organization’s (ILO) eight core labor standards;
- The OECD Guidelines for Multinational Enterprises.
Our labor conditions conform to internationally recognized labor and social standards. We are committed to the following principles:
- We provide our employees with performance-related compensation based on global principles and in line with the market, that at the very least, matches the current minimum wage. We pass on our economic success to our employees;
- An appropriate limit to the maximum number of working hours;
- Regularly paid vacation for our employees;
- In recruitment, type of work and compensation, we do not discriminate based on nationality, gender, religion or any other personal characteristics;
- We avoid and condemn the exploitation of all forms of child, forced or compulsory labor;
- The principles of freedom of assembly and cooperation with the elected employee representatives.
We believe that meeting our voluntary commitments is one of our fundamental responsibilities. We have therefore developed and implemented a global monitoring system for labor and social standards.
More information on monitoring instruments can be found in the chapter
LABOR AND SOCIAL STANDARDS
- Supporting the ten principles of the United Nations Global Compact
- Labor conditions conform to internationally recognized labor and social standards
- A monitoring system assesses whether our voluntary commitments are being met