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CSR
Corporate Social Responsibility
CSR is high on Kendrion’s agenda. CSR and sustainability are intrinsic, integral elements of Kendrion’s local operations. For Kendrion, CSR means conducting business with consideration for climate effects and energy sources, with a feeling for people and the environment, and on the basis of a responsibility for the chain in which the company operates. This form of entrepreneurship pivots on the creation of multiple value – and consequently not just Profit, but also People and Planet. Kendrion intends to give shape to CSR in a practical and relevant manner.
Transparency and chain responsibility are important issues for Kendrion. Kendrion attaches great importance to good relationships with the group’s customers, employees, suppliers, other business partners and the communities where Kendrion is active. Cooperation and consultations are essential if Kendrion is to fulfil its ambitions.
CSR also offers all Kendrion’s business units opportunities to develop innovative products for new markets. Kendrion develops many specific electromagnets that are necessary for the appropriate performance of products that take account of climate effects, sources of energy, safety and the environment. A number of examples, including an innovative brake system for wind turbines, safety magnets for ski lifts, energy-saving variable transmission systems and designs for diesel engine oil pumps that lower fuel consumption, were shown to Kendrion’s stakeholders during the Dr. Wilhelm Binder Days held in Amsterdam (the Netherlands) and Villingen (Germany) in October 2010.
Environment and quality
Kendrion endeavours to reduce waste and make efficient use of energy, and encourages the company’s employees to make continual organisational and technical improvements to environmental procedures. During the design phase and technical planning Kendrion takes due account of the consequences for the environment. This relates not only to the reduction of harmful emissions and the achievement of a lower environmental impact, but also to the retention of the company’s good reputation. As a company Kendrion bears a social responsibility that necessitates attention to environmental issues when assessing processes. Involvement, both now and in the future, is of great importance to the individual Kendrion companies and the enterprise as a whole. The quality, environmental management and safety systems are usually combined in one system that forms the basis for the implementation of many projects. Virtually all Kendrion’s operating companies comply with the most stringent quality and safety requirements. Kendrion’s environmental management systems comply with the ISO 14001 standard.
UN Global Compact
Kendrion joined the UN Global Compact in September 2009. The UN Global Compact is the world’s largest network initiative that unites companies, UN organisations and civil society in support of ten principles encompassing human rights, labour, the environment and sound business practices. Kendrion endorses these principles and will issue periodic reports on the measures it has implemented in these areas. This is a further example of Kendrion’s objective of being a company that all stakeholders can be proud of, in particular regarding the company’s social and ethical principles and the manner in which these principles are implemented in everyday practice.
Kendrion filed its second progress report in December 2011. The report provides a more detailed description of all Kendrion’s CSR activities and the measures Kendrion has implemented recently. In addition, the report contains some examples of products developed by Kendrion’s business units which were designed with due regard for climate effects, safety, sources of energy and the environment.
CSR is high on Kendrion’s agenda. CSR and sustainability are intrinsic, integral elements of Kendrion’s local operations. For Kendrion, CSR means conducting business with consideration for climate effects and energy sources, with a feeling for people and the environment, and on the basis of a responsibility for the chain in which the company operates. This form of entrepreneurship pivots on the creation of multiple value – and consequently not just Profit, but also People and Planet. Kendrion intends to give shape to CSR in a practical and relevant manner.
Transparency and chain responsibility are important issues for Kendrion. Kendrion attaches great importance to good relationships with the group’s customers, employees, suppliers, other business partners and the communities where Kendrion is active. Cooperation and consultations are essential if Kendrion is to fulfil its ambitions.
CSR also offers all Kendrion’s business units opportunities to develop innovative products for new markets. Kendrion develops many specific electromagnets that are necessary for the appropriate performance of products that take account of climate effects, sources of energy, safety and the environment. A number of examples, including an innovative brake system for wind turbines, safety magnets for ski lifts, energy-saving variable transmission systems and designs for diesel engine oil pumps that lower fuel consumption, were shown to Kendrion’s stakeholders during the Dr. Wilhelm Binder Days held in Amsterdam (the Netherlands) and Villingen (Germany) in October 2010.
Environment and quality
Kendrion endeavours to reduce waste and make efficient use of energy, and encourages the company’s employees to make continual organisational and technical improvements to environmental procedures. During the design phase and technical planning Kendrion takes due account of the consequences for the environment. This relates not only to the reduction of harmful emissions and the achievement of a lower environmental impact, but also to the retention of the company’s good reputation. As a company Kendrion bears a social responsibility that necessitates attention to environmental issues when assessing processes. Involvement, both now and in the future, is of great importance to the individual Kendrion companies and the enterprise as a whole. The quality, environmental management and safety systems are usually combined in one system that forms the basis for the implementation of many projects. Virtually all Kendrion’s operating companies comply with the most stringent quality and safety requirements. Kendrion’s environmental management systems comply with the ISO 14001 standard.
UN Global Compact
Kendrion joined the UN Global Compact in September 2009. The UN Global Compact is the world’s largest network initiative that unites companies, UN organisations and civil society in support of ten principles encompassing human rights, labour, the environment and sound business practices. Kendrion endorses these principles and will issue periodic reports on the measures it has implemented in these areas. This is a further example of Kendrion’s objective of being a company that all stakeholders can be proud of, in particular regarding the company’s social and ethical principles and the manner in which these principles are implemented in everyday practice.
Kendrion filed its second progress report in December 2011. The report provides a more detailed description of all Kendrion’s CSR activities and the measures Kendrion has implemented recently. In addition, the report contains some examples of products developed by Kendrion’s business units which were designed with due regard for climate effects, safety, sources of energy and the environment.
To read Kendrion's Communication on Progress (September 2010) please click here.
Code of Conduct
Kendrion has implemented a Code of Conduct in its organisation that applies to all Kendrion staff. The principles and best practices established in this Code reflect the main values that need to guide Kendrion’s staff in the performance of their duties, and the actions they need to take in a variety of circumstances and situations. The core themes include market position, authorities, corporate social responsibility, accountability in general, and the obligation for due care regarding safety and health, the environment, and social interests. Kendrion promotes compliance with the Code of Conduct by continually bringing the Code to the attention of (new) managers and staff. The Code of Conduct was revised and presented to all employees early 2010, in part due to the company’s accession to the UN Global Compact.
Kendrion has implemented a Code of Conduct in its organisation that applies to all Kendrion staff. The principles and best practices established in this Code reflect the main values that need to guide Kendrion’s staff in the performance of their duties, and the actions they need to take in a variety of circumstances and situations. The core themes include market position, authorities, corporate social responsibility, accountability in general, and the obligation for due care regarding safety and health, the environment, and social interests. Kendrion promotes compliance with the Code of Conduct by continually bringing the Code to the attention of (new) managers and staff. The Code of Conduct was revised and presented to all employees early 2010, in part due to the company’s accession to the UN Global Compact.
Whistleblower’s Charter
The Whistleblower’s Charter offers the Kendrion employees an opportunity to report irregularities or suspicions of irregularities to the management without jeopardising their (legal) position. The Whistleblower’s Charter has been updated early 2010 and presented to all employees.
The Whistleblower’s Charter offers the Kendrion employees an opportunity to report irregularities or suspicions of irregularities to the management without jeopardising their (legal) position. The Whistleblower’s Charter has been updated early 2010 and presented to all employees.
2011 and beyond
Kendrion’s CSR policy will be given further shape in 2011, in part by the appointment of a CSR working party. This working party, which will be chaired by a member of the Executive Committee, will be comprised of representatives from the various business units. A number of the main issues will be worked out in more detail in the form of specific policy and targets. A report on the policy and targets will be published at a later date. These issues include social policy, chain responsibility and energy, as well as the prevention of corruption, a sensitive issue in some of the countries in which Kendrion is active.
Kendrion’s CSR policy will be given further shape in 2011, in part by the appointment of a CSR working party. This working party, which will be chaired by a member of the Executive Committee, will be comprised of representatives from the various business units. A number of the main issues will be worked out in more detail in the form of specific policy and targets. A report on the policy and targets will be published at a later date. These issues include social policy, chain responsibility and energy, as well as the prevention of corruption, a sensitive issue in some of the countries in which Kendrion is active.