BAYWA AG Press release
Number
Date
Contact
Phone
Fax
12921-PIU40
14 December 2021 Antje Krieger
+49 89/9222-3692
+49 89/9212-3692 antje.krieger@baywa.de
Commitment to more sustainable globalisation: BayWa AG signs up to the United Nations Global Compact
BayWa AG
PR/Corporate Communications/ Public Affairs
Arabellastr. 4
81925 Munich
Germany
Phone +49 89 9222-3680
Fax +49 89 9212-3680
Internet
www.baywa.com / Press
Munich, 14 December 2021 - BayWa AG has signed up to the United Nations (UN) Global Compact with immediate effect, underlining the company's commitment to upholding and promoting the initiative's ten principles in the areas of human rights, labour, the environment and anti-corruption. The Global Compact and its principles will be integrated into BayWa's corporate strategy and culture, as well as into its day-to-day business activities. Membership also involves participation in various projects with other companies, policymakers and social organisations that are geared towards promoting UN objectives. BayWa documents its implementation of the ten principles in its annual sustainability report.
"We are fully committed to the responsibility resulting from our global business activities," said Prof. Klaus Josef Lutz, Chief Executive Officer of BayWa AG. "We have been reporting transparently on our sustainability targets and the success of our measures to achieve these targets for many years. By becoming a member of the world's largest multi-stakeholder initiative for corporate social responsibility, we are demonstrating that our commitment to sustainability is serious and not just an empty promise."
This press release contains 2630 characters.
Press release
Date
Page
14 December 2021
2
Thanks to its international expansion since 2008, BayWa now has a truly global presence. A compliance management system encompassing areas such as anti- corruption, occupational health and safety and human rights is firmly established within the company. BayWa has also had a sustainability department for some ten years already, which has been responsible for addressing many sustainability-related topics over the past few years and developing a sustainability strategy on behalf of the Group. In 2018, a comprehensive climate strategy was also introduced. BayWa has already achieved one of its four climate targets: all electricity needs within the Group have been covered by renewable energies since the end of 2020. BayWa aims to achieve climate neutrality throughout its own business operations by 2030.
The UN Global Compact was set up in 2000 by then UN Secretary-General Kofi Annan. The UN initiative currently has over 19,000 members including companies from all manner of industries and sectors as well as political, academic and social organisations. Representatives from 170 of the world's 195 countries have joined the Global Compact. German companies make up around 720 of the Global Compact's members.
This press release contains 2630 characters.
Press release
Date
Page
14 December 2021
3
Please note: We are on Twitter at
www.twitter.com/BayWaPresse.
You can download print-ready press photos, footage material and video statements - without registration - from the BayWa Mediapool at https://www.baywa.com/mediapool#/.
Editor:
Antje Krieger, BayWa AG
Press Officer, PR/Corporate Communications/Public Affairs Phone: +49 89/9222-3692, Fax: +49 89/9212-3692E-mail: antje.krieger@baywa.de
This press release contains 2630 characters.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
BayWa AG published this content on 13 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 December 2021 12:37:08 UTC.
