DEUTZ IS FORGING AHEAD WITH ITS SUSTAINABILITY STRATEGY, WHICH IT HAS CALLED “TAKING RESPONSIBILITY.”
By acceding to the United Nations Global Compact (UNGC), the company has joined the world’s largest international movement of business, politics, and civil society. The common goal is to make globalization more sustainable by making it work better for society and the environment. Based on ten universally accepted principles, each member undertakes to promote human rights, fair working conditions, environmental protection, and the fight against corruption, and to prepare annual reports on its progress in respect of these issues.
By signing up to the UNGC, DEUTZ is also looking to play an active role in helping to achieve the United Nations’ 17 sustainable development goals (SDGs). The SDGs provide guidelines for a global sustainability policy. In 2020, DEUTZ identified six of them that it is already helping to achieve.
Together even more sustainable
“The coronavirus pandemic has highlighted the need for us to come up with common solutions to global challenges such as the climate crisis. That is why we are also sending a clear signal to our suppliers,” says DEUTZ CEO, Dr Frank Hiller. The Company is increasingly holding its suppliers accountable for their sustainability credentials. For example, it requires them to adhere to the DEUTZ code of conduct for suppliers. And since the end of 2020, the EcoVadis platform has been helping DEUTZ to evaluate their sustainability performance in the categories Environment, Ethics, Labor and Human Rights, and Sustainable Procurement. At the beginning of 2021, DEUTZ put its own activities under scrutiny by undergoing an EcoVadis assessment.
The significant improvement in this year’s sustainability rating by the agency Vigeo Eiris (up 11 percentage points on 2019) shows that DEUTZ is on the right track – and provides motivation for the Company to do even better in the future.