In April 2006, WACKER’s Executive Board sent a letter to UN Secretary General Kofi Annan confirming the WACKER Group’s participation in the Global Compact. This worldwide initiative seeks to boost collaborations between the United Nations, business and social organizations. Their common goal is to steer globalization toward improving the quality of peoples’ lives all around the world.
WACKER belongs to a group of companies that not only promotes Responsible Care®, but also participates in the UN’s Global Compact. WACKER’s efforts simultaneously encompass both Responsible Care® and the Global Compact’s environmental principles.
By signing the Global Compact, companies voluntarily commit themselves to ten principles of human rights and to social and environmental standards. In addition, they vow to incorporate and implement anti-corruption measures in their corporate policy, and to report on their progress.
WACKER’s participation in the Global Compact serves to promote sustainable development and spread environmental standards. A key joint goal of Global Compact participants is to steer globalization toward improving the quality of peoples’ lives all around the world.
Irrespective of the Global Compact, all WACKER employees are already obligated to observe the social and ethical standards described in the ten principles, to obey the law and to exercise environmental responsibility. These obligations are set out in our corporate guidelines and Code of Conduct – and have long shaped our thoughts and actions.
Companies participating in the UN initiative are expected to publicly proclaim their commitment to the Global Compact and its principles – integrating these into their strategies, culture and daily activities. Furthermore, they are to issue annual progress reports about specific action they have taken to implement the ten principles.
WACKER supports the Global Compact’s ten objectives through diverse activities – here are a few examples: