Andreas Stihl AG & Co. KG

03/10/2023 | Press release | Distributed by Public on 03/10/2023 02:35

STIHL joins UN Global Compact

STIHL has joined the United Nations Global Compact, the world's largest initiative for sustainable and responsible corporate governance. By joining, STIHL undertakes to align its corporate strategy with the Ten Principles of the UN Global Compact on human rights, labor, environment, and anti-corruption.

"Becoming a member of the UN Global Compact is a clear commitment to sustainable corporate governance, and shines a light on our long-standing dedication to a livable future," says Dr. Michael Prochaska, STIHL Executive Board member for Human Resources and Legal Affairs and responsible for sustainability. "The principles of the UN Global Compact and the UN's 17 Sustainable Development Goals are standards that serve as a vital guide in all our corporate processes, and which we intend to embed in all business areas."

STIHL had already taken action to support the sustainability principles even before signing the commitment. Its past and current activities relating to sustainability were consolidated in a Group-wide sustainability strategy in 2021. Going forward, the company will report on its status and ongoing activities on a regular basis in a progress report to the UN Global Compact.

More transparency and sustainability in the supply chain
STIHL's sustainability strategy sets ambitious targets for the family-owned business to achieve by 2030. STIHL aims to be climate-neutral, resource-efficient, and fair. It is dedicated to protecting ecosystems, which also includes consistent action to fight climate change. STIHL further plans to develop its internal processes and products along the lines of a circular economy to preserve resources, and advocates for good working conditions for everyone who works directly or indirectly for the company.

It joined the Responsible Minerals Initiative (RMI) back in 2021, in order to analyze the supply chain for cobalt and make mining the metal more transparent and sustainable. The RMI is a cross-industry organization with more than 400 member companies that support responsible sourcing of minerals from conflict-affected and high-risk areas around the world. In addition to the cobalt supply chain, STIHL is currently analyzing potentially critical supply chains for magnesium and textiles.

"By joining the UN Global Compact and the RMI we are reinforcing our aspiration to reconcile our corporate activity with environmental and social factors," says Prochaska. STIHL has been documenting all its activities, targets, and progress in this area in a sustainability report since 2021. The 2022 Sustainability Report will be published at the end of May. More information on sustainability at STIHL is available at: STIHL Corporate Social Responsibility Report 2021

About the UN Global Compact
Based on the Ten Universal Principles and the 17 Sustainable Development Goals (SDGs), the UN Global Compact, launched in 2000, pursues the vision of an inclusive and sustainable global economy. More than 21,000 companies and organizations in over 160 countries are already signatories of the UN Global Compact. www.unglobalcompact.org

Caption of the Dr. Michael Prochaska picture:
Dr. Michael Prochaska, STIHL Executive Board member for Human Resources and Legal Affairs and responsible for sustainability: "As member of the UN Global Compact, we join more than 21,000 other organizations and companies in actively working for a future worth living."