The topics mentioned in the annual report 2015, that are based on the principles of the UN Global Compact, were further developed in 2016.
Human rights - Compliance processes and organization strengthened
In 2016, considerable attention was devoted to strengthening the compliance processes and organization. With the successful completion of the compliance reporting, SFS documents to have implemented effective structures for reporting suspected breaches of the Code of Conduct.
Labor - Vocational education programs made even more attractive
In 2016 various measures were taken to further develop vocational training activities. For the first time, a group of apprentices had the opportunity to spend several weeks at the Medina factory (USA) as part of their vocational training and gather valuable international experience. In 2017, more apprentices will be given this opportunity also in order to enhance the attractiveness and show the advantages of the vocational education programs within the SFS Group. With respect to internal training and development, a new “International Leadership Development Program (ILDP)“ was launched; fostering intercultural cooperation within SFS Group is an important aspect of the ILDP.
Environment - All Automotive sites now ISO 14001 certified
After the certification of our plant in Medina (USA) all the operating sites in the Automotive division are now ISO 14001 certified. Moreover, the third and final stage of the solar photovoltaic system on the roof of the factory building in Heerbrugg (CH) was completed. Total capacity now stands at 1.9 GWh, which would be enough to provide electricity for about 400 households.
Anti-corruption - Anti-corruption policies implemented
An anti-corruption policy has been drawn up alongside the Code of Conduct and implemented with effect from 1 January 2016. This policy is to raise employee awareness of corruption. There are plans to incorporate this policy into a standardized international HR process for onboarding new employees.
Materiality assessment - Intensifying our dialog with stakeholders
In future, the sustainability report will follow the G4 Sustainability Reporting Guidelines issued by GRI (Global Reporting Initiative). Therefore, we have developed the materiality assessment, as it is a key GRI requirement. The matrix compares the business perspective, represented by the Group Executive Board, with the perspectives of other internal and external stakeholders. This provides the basis for identifying the sustainability issues that are genuinely relevant to the organization. The most important topics for a sustainable development at SFS are:
The focus in future will be on these six topics. Specific objectives are to be defined and action plans developed for each area in 2017.