MOSCOW (MRC) -- The Munich-based Wacker Group has signed Germany’s Diversity Charter. The aim of this nationwide initiative is to promote diversity in companies and institutions, as per the company's press release.
Wacker is intensifying its commitment to a diverse and inclusive workforce so as to enhance the Group’s performance. By signing the charter, organizations agree to create a working environment free from prejudice. The Diversity Charter was launched in December 2006. Since then, over 2,000 companies and public institutions have signed this voluntary commitment.
Wacker sees diversity and inclusion as the key to being even more successful in the future. Take the following example of cultural diversity: over the past few years, Wacker has become more international, selling its products in 130 countries around the world. Most of the Group’s sales - 86% in 2014 - are generated outside Germany. The international nature of Wacker’s business is therefore reflected in its management structure more and more. Over recent years, WACKER has increasingly filled leadership positions in its regions with local employees rather than with German executives sent there on assignment. Members of the Group’s Executive Personnel now come from 17 different countries.
"We are actively promoting diversity and inclusion, because we’re convinced that it enhances our company’s performance," says WACKER CEO Rudolf Staudigl. This commitment to diversity and inclusion applies worldwide. The company is now setting about devising regional diversity and inclusion strategies in order to reflect local cultural and legal considerations.
As MRC wrote before, in February 2015, the company now joined the "Together for Sustainability" (TfS) initiative to strengthen its commitment to sustainable business practices in the supply chain. Established in 2011, the project is targeted on implementing a standardized global program for responsible procurement of goods and services in the chemical industry and improving the ecological and social standards of suppliers. After AkzoNobel, Arkema, BASF, Bayer, Clariant, DSM, Evonik Industries, Henkel, Lanxess, Merck and Solvay, Wacker is the twelfth company to become a TfS member.
Wacker Chemie AG is a worldwide operating company in the chemical business, founded 1914. The company is controlled by the Wacker-family holding more than 50 percent of the shares. The corporation is operating more than 25 production sites in Europe, Asia, and the Americas. The product range includes silicone rubbers, polymer products like ethylene vinyl acetate redispersible polymer powder, chemical materials, polysilicon and wafers for semiconductor industry.
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