Social

We believe the promotion of social sustainability should lie at the heart of every organisation. Our employees are our most important asset. Furthermore, change, adaptation, innovation, and development are only achievable through the actions of our employees. That is why we invest in our employees and encourage them to shape their careers to grow and develop within the Group. To attract and retain the right people, our philosophy is to ensure a good balance of individual expectations and the expectations of the Group.

Each employee contributes to the performance of the whole Group, a fact which is represented in our values (see chapter 2.1 in our report). Our continued ability to successfully compete in our marketplace greatly depends on our employees’ understanding and support of these values.

At Jungbunzlauer, social sustainability means maintaining a fair business environment across the supply chain in accordance with the highest ethical and social standards (e.g. the UN Global Compact). Thus, Jungbunzlauer does not tolerate and strictly opposes child labour and slavery; discrimination based on gender, religion and race; and corruption and bribery. We also expect that, while at work, all employees refrain from agitating for any particular belief (e.g. culture, religion or political views) within the company.

Every company has an impact on not just its own employees, but also on workers throughout the value chain, as well as on customers and local communities. Reacting responsibly in matters of social sustainability promotes growth, productivity, employee engagement and effective risk management, unlocks new markets, and attracts new business partners. Furthermore, we feel that it is simply the right thing to do. Thus, education and training (see chapter 5.1 in our report) and health and safety (see chapter 5.2 in our report) have been identified as material topics for Jungbunzlauer. Due to the review of our materiality assessment in 2023, the topic diversity and equality was added as new material topic (see chapter 5.3 in our report).

Compliance with the highest labour, health and safety standards is of the utmost importance to us. We fully respect the rules of conduct stated in the International Labour Organization’s (ILO) Fundamental Conventions, as well as the Universal Declaration of Human Rights. This approach is defined in our Corporate Social Responsibility Policy.