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Global Compact

This compact embodies 10 principles that determine our actions.

Our Contribution to Enhancing the Quality of Life

WACKER employees are obligated to observe social and ethical standards, obey the law and exercise environmental responsibility. These obligations are set out in our Code of Conduct and shape our thoughts and actions.

The Ten Principles of the Global Compact

Human Rights

Principle 1:

Businesses should support and respect the protection of internationally proclaimed human rights within their sphere of influence, and

Principle 2:

make sure that they are not complicit in human rights abuses.

Labor Standards

Principle 3:

Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining,

Principle 4:

the elimination of all forms of forced and compulsory labor,

Principle 5:

the effective abolition of child labor, and

Principle 6:

the elimination of discrimination in respect of employment and occupation.

Environmental Protection

Principle 7:

Businesses should support a precautionary approach to environmental challenges,

Principle 8:

undertake initiatives to promote environmental responsibility, and

Principle 9:

encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

Principle 10:

Businesses should work against corruption in all its forms, including extortion and bribery.

Downloads

Global Compact Progress Report 2018
Companies participating in the Global Compact must issue annual progress reports about specific action they have taken to implement the ten principles. Here, you can find out how we implement these principles in our daily work.

The German Global Compact Network

The German Global Compact network helps companies align their strategies and activities with the sustainable development goals of the UN’s Global Compact.

Find out more

How We Contribute

Examples of our activities relating to the Global Compact

Environmental Protection

We already start to take environmental protection into account when planning new production plants and manufacturing processes. We constantly keep an eye on our products and sites – we measure, monitor and improve our environmental performance and document it in our sustainability report.

Equal Opportunity

WACKER employs people from 65 different nations. We see this as an enrichment and reject all forms of discrimination. We offer initiatives and programs to achieve work-family balance and equal treatment for men and women.

Job Security

We believe it is important to preserve jobs – even during economic downturns or organizational restructuring. In collaboration with employee representatives, we exploit every opportunity here.

Occupational Health and Safety

We encourage health-conscious behavior among our employees and employ technical and organizational measures to ensure their safety. This includes personal protective equipment to safeguard them whenever they deal with hazardous materials.

WACKER Relief Fund

Through this charitable organization, we support projects in Sri Lanka, China, Haiti, Nepal and Pakistan. Within the scope of the WACKER HELP initiative, employees in WACKER Greater China engage in charitable activities, such as promoting education at schools and universities, and aiding medical relief campaigns.

More about WACKER’s relief fund

Promoting Education

As an original member of the Bavarian Educational Pact foundation, we are committed to modern teaching methods and school management. We support Young Scientists competitions and have developed the CHEM2DO® experiment kit.

Find out more (German-language webpage only)

Support for Higher Education

We value university education very highly. In 2006, in partnership with the Technical University of Munich, we founded the Institute of Silicon Chemistry, which is part of the WACKER Chair of Macromolecular Chemistry.

Participating Since 2006

We joined the UN’s Global Compact in 2006 – a further example of WACKER’s voluntary commitments. The initiative’s goal is to steer globalization toward improving the quality of people’s lives all around the world. It seeks to boost collaboration between the United Nations, business and social organizations. The Global Compact is based on ten principles, which address social and environmental standards, anti-corruption and the protection of human rights.