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© TRABB - 1 ABB and Corporate Social Responsibility Dr. Gülden Türktan

© TRABB - 1 ABB and Corporate Social Responsibility Dr. Gülden Türktan

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Page 1: © TRABB - 1 ABB and Corporate Social Responsibility Dr. Gülden Türktan

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ABB and Corporate Social ResponsibilityDr. Gülden Türktan

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ABB & Sustainability

CSR – Corporate Social Responsibility

ABB’s Social Policy

Why? We need all these

Agenda

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ABB & Sustainability

CSR – Corporate Social Responsibility

ABB’s Social Policy

Why? We need all these

Agenda

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ABB is a global technology group servingworld markets with 150,000 employees inmore than 100 countries.

Three customer divisions serving our end users:

Utilities Industries Oil, Gas and Petrochemicals

Backed up with two product divisions:

Automation Technology Products Power Technology Products

These divisions also serve external channel partners.

The ABB Group

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Sustainability plays a strategic role in all of ABB’s activities.

What drives our commitment to sustainability is our belief in “ what is good for sustainability” will also “ be good for our business”.

Higher operational efficiencies, advanced technology offerings, strong relationships to a broad stakeholder base,

are the hallmarks of environmentally responsible companiesas well as profitable and competitive businesses.

ABB and Sustainability

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Sustainability

Economical Social

Environmental

SustainableZone

Win-win growth opportunities for creative thinkers

Win-win growth opportunities for creative thinkers

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Economic performance

Environmentalperformance

Socialperformance

How ABB supports sustainabilitySharing technology 45,000 employees in developing countries Majority stake in all operations

Contribution to common efforts Access to electricity WEC 1 Gton pilot program AGS - China Energy program

Ecoefficient products Innovative R&D programs Life Cycle Assessment LCA Environmental declarations for core products

ABB’s environmentalperformance ISO 14001 in place (in almost all sites) Continuous improvement

Sustain-ability

ABB’s social performance Social policy Stakeholder dialogue

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ABB & Sustainability

CSR – Corporate Social Responsibility

ABB’s Social Policy

Why? We need all these

Agenda

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Corporate Social Responsibility (CSR)

A good definition (WBCSD):

“Corporate Social Responsibility is thecommitment of business to sustainable economic development, working with employees, their families, the local community and society at large to improve their quality of life.”

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The Corporate Social Responsibility

involves:

Improved risk management

Human resource development

Abiding with rules and regulations

Contributing to increased shareholders’ value

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ABB & Sustainability

CSR – Corporate Social Responsibility

ABB’s Social Policy

Why? We need all these

Agenda

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ABB’s Social Policy

To have positive contribution economically and environmentally is not complete without social performance.

ABB’s Social Policy, covers applicable to areas which ABB can directly influence.

We are ready to hear in stakeholder review and consultation on the policy, in order to continually improve it.

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ABB’s Social Policy - 13 principles

1. ABB in society 2. Human rights 3. Children and young workers 4. Freedom of engagement 5. Health and safety 6. Employee consultation and communication 7. Equality of opportunity 8. Mobbing and disciplinary practices 9. Working hours10. Compensation11. Suppliers12. Community involvement13. Business ethics

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Social Policy Principle Ownership

Human ResourcesChildren and Young Workers

Freedom of Engagement

Employee Consultation and Communication

Equality of Opportunity

Mobbing and Disciplinary practices

Working hours

Compensation

Sustainability AffairsHealth and Safety

LegalBusiness Ethics

Supply Chain ManagementSuppliers

CommunicationsABB in Society

Human Rights

Community Involvement

ABB’s

Social Policy

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ABB was one of the companies participating in the launch of the United Nations Global Compact in July 2000.

It is an UN-sponsored platform for encouraging and promoting good corporate practices and learning experiences in the areas of human rights, labor and the environment. The Global Compact is supported by business associations, workers’ organizations, non-governmental organizations and individual companies.

Its nine principles are derived from - the Universal Declaration of Human Rights, - the ILO International Labor Organization’s principles on the right to work, - the Rio Principles on the environment (Agenda 21).

ABB is ready to work on seeking ways for broader application of the Global Compact.

The UN Global Compact

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ABB & Sustainability

CSR – Corporate Social Responsibility

ABB’s Social Policy

Why? We need all these

Agenda

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Major Stakeholders

The Board of The Board of DirectorsDirectors

NGOsNGOs

CompetitorsCompetitors

CustomersCustomers

SuppliersSuppliers

EmployeesEmployees

GovernmentGovernmentss

MediaMedia

PublicPublic

InternationalInternationalOrganizationsOrganizations

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Company Financial

Statements--------------------

TransparentTransparentAccurateAccurateReliableReliable

CompleteCompleteFairFair

AccountableAccountable

TransparentTransparentAccurateAccurateReliableReliableCorrectCorrect

FairFairAccountableAccountable

--------------Decisions

Banks

Investors

Tax Authority

Suppliers

CustomersMinimize Waste

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Company--------------------

Responsibility towards Responsibility towards InvestorsInvestors

Responsibility towards Responsibility towards EmployeesEmployees

Responsibility towards Responsibility towards SocietySociety

Responsibility towards Responsibility towards Environment Environment

Responsibility towards Responsibility towards FutureFuture

Successful &Trustworthy-------------

InvestorInvestor

EmployeeEmployee

SocietySociety

EnvironmentEnvironment

FutureFuture

Sustainability

Clean

Respectful

Professional Career

ProfitabilityBetter Future

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