Social

Our perspective

We believe the promotion of social sustainability should lie at the heart of every organisation. Our employees are our most important resource. Change, adaptation, innovation and development are only achievable through our employees. That is why we invest in our employees and encourage them to shape their careers within our Group.

To attract and retain the right people, our philosophy is to ensure a good balance between the individual expectations and the expectations of the Group. Each employee contributes to the performance of the whole Group, represented in our values (see chapter 2.1). Our continued ability to successfully compete in our marketplace greatly depends on our employees’ understanding and support of these values.

Statement of Jungbunzlauer Group regarding its efforts to eradicate Modern Slavery and Human Trafficking pursuant to transparency acts such as the UK Modern Slavery Act 2023 or the California Transparency in Supply Chains Act.

Working Conditions over the entire Value Chain in focus

At Jungbunzlauer, social sustainability means also maintaining a fair business environment across the supply chain in accordance with the highest ethical and social standards. According to the UN Global Compact, the world’s largest corporate sustainability initiative, compliance with labour standards and the fight against corruption are among the most important global challenges for businesses. Jungbunzlauer does not tolerate and strictly rejects child labour and slavery, discrimination due to gender, religion and race as well as corruption and bribery.

While some sub-categories of these topics, such as human rights abuses and forced or child labour, are key challenges on a global scale, they are less relevant to Jungbunzlauer, as we employ all our staff in countries where working conditions are comprehensively regulated and where non-compliance with these laws is consistently sanctioned.

Every company influences its own employees, but also has an impact on workers throughout the value chain and 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. We also feel that it is just the right thing to do. Therefore, labour standards and health and safety were chosen as material topics for Jungbunzlauer.