NORMA Group in a dialogue on sustainability within the supply chain
DGAP-Media / 23.09.2016 / 09:21
NORMA Group in a dialogue on sustainability within the supply chain
Maintal, Germany, September 23, 2016 - NORMA Group, a global market leader
in engineered joining technology, sought to engage in an open and targeted
dialogue with its stakeholders once again. The second stakeholder
roundtable on corporate responsibility took place on September 13, 2016.
This year's event focused on sustainability within the supply chain after
the further development of the strategic direction of Corporate
Responsibility at NORMA Group was the main topic last year (NORMA Group
invites its stakeholders to develop corporate responsibility further).
Eighteen experts from civil society, academia and industry met with experts
from NORMA Group from the areas of Purchasing and Procurement to develop
new ideas and solutions on integrating sustainability into purchasing
processes in a strategic manner. John Stephenson, Chief Operating Officer
(COO) at NORMA Group, played host to the half-day dialogue event.
"Corporate responsibility at NORMA Group includes the entire supply chain
and, in particular, our direct suppliers, even at the global level. Our
goal is to exercise our influence on the work and social benefits of our
suppliers and make sure that human rights are always observed," he said.
NORMA Group in a dialogue on sustainability within the supply chain
Maintal, Germany, September 23, 2016 - NORMA Group, a global market leader
in engineered joining technology, sought to engage in an open and targeted
dialogue with its stakeholders once again. The second stakeholder
roundtable on corporate responsibility took place on September 13, 2016.
This year's event focused on sustainability within the supply chain after
the further development of the strategic direction of Corporate
Responsibility at NORMA Group was the main topic last year (NORMA Group
invites its stakeholders to develop corporate responsibility further).
Eighteen experts from civil society, academia and industry met with experts
from NORMA Group from the areas of Purchasing and Procurement to develop
new ideas and solutions on integrating sustainability into purchasing
processes in a strategic manner. John Stephenson, Chief Operating Officer
(COO) at NORMA Group, played host to the half-day dialogue event.
"Corporate responsibility at NORMA Group includes the entire supply chain
and, in particular, our direct suppliers, even at the global level. Our
goal is to exercise our influence on the work and social benefits of our
suppliers and make sure that human rights are always observed," he said.
NORMA Group presented both its strategic approach as well as individual
measures aimed at increasing sustainability in procurement for further
discussion. An emphasis was placed on identifying suitable sustainability
criteria for supplier evaluation. "We are thrilled by the many suggestions
and approaches the participants developed. We will evaluate these for their
feasibility and effectiveness as the next step before we implement concrete
measures aimed at achieving greater transparency in complex supply chains
and efficient sustainability management in procurement," said Stephenson.
More comprehensive integration of sustainability aspects into purchasing is
becoming increasingly important to NORMA Group because of the company's
growth and increasing internationality. A global Supplier Code of Conduct
was introduced in 2015 that defines the requirements for NORMA Group with
respect to managing its business in a sustainable manner. Furthermore, the
CR Roadmap 2018 includes concrete objectives for integrating sustainability
considerations into the procurement processes at NORMA Group.
Additional information on the company is available on www.normagroup.com.
Press photos are available from our platform on www.normagroup.com/images.
Contact
NORMA Group SE
Daphne Recker
Group Communications
E-mail: daphne.recker@normagroup.com
Tel: +49 (0)6181 - 6102 743
About NORMA Group
NORMA Group is a global market leader in engineered joining technology. The
company manufactures a wide range of innovative connecting solutions and
water management technology offering more than 35,000 products to customers
in 100 countries with around 6,500 employees. NORMA Group helps its
customers and business partners to react to global challenges such as
climate change and increasing scarcity of resources. NORMA Group joining
products can be found in vehicles and trains, ships and aircraft, buildings
and water management as well as in applications for the pharmaceutical and
biotechnology industry. The company generated sales of around EUR 890
million in 2015. NORMA Group operates a global network of 22 production
facilities as well as numerous sales and distribution sites across Europe,
the Americas, and Asia-Pacific. NORMA Group has its headquarters in
Maintal, Germany. NORMA Group SE is listed on the German stock exchange
(Prime Standard) and included in the MDAX index.
End of Media Release
---------------------------------------------------------------------------
Issuer: NORMA Group SE
Key word(s): Enterprise
23.09.2016 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: NORMA Group SE
Edisonstr. 4
63477 Maintal
Germany
Phone: +49 6181 6102 741
Fax: +49 6181 6102 7641
E-mail: ir@normagroup.com
Internet: www.normagroup.com
ISIN: DE000A1H8BV3
WKN: A1H8BV
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of News DGAP Media
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504829 23.09.2016
measures aimed at increasing sustainability in procurement for further
discussion. An emphasis was placed on identifying suitable sustainability
criteria for supplier evaluation. "We are thrilled by the many suggestions
and approaches the participants developed. We will evaluate these for their
feasibility and effectiveness as the next step before we implement concrete
measures aimed at achieving greater transparency in complex supply chains
and efficient sustainability management in procurement," said Stephenson.
More comprehensive integration of sustainability aspects into purchasing is
becoming increasingly important to NORMA Group because of the company's
growth and increasing internationality. A global Supplier Code of Conduct
was introduced in 2015 that defines the requirements for NORMA Group with
respect to managing its business in a sustainable manner. Furthermore, the
CR Roadmap 2018 includes concrete objectives for integrating sustainability
considerations into the procurement processes at NORMA Group.
Additional information on the company is available on www.normagroup.com.
Press photos are available from our platform on www.normagroup.com/images.
Contact
NORMA Group SE
Daphne Recker
Group Communications
E-mail: daphne.recker@normagroup.com
Tel: +49 (0)6181 - 6102 743
About NORMA Group
NORMA Group is a global market leader in engineered joining technology. The
company manufactures a wide range of innovative connecting solutions and
water management technology offering more than 35,000 products to customers
in 100 countries with around 6,500 employees. NORMA Group helps its
customers and business partners to react to global challenges such as
climate change and increasing scarcity of resources. NORMA Group joining
products can be found in vehicles and trains, ships and aircraft, buildings
and water management as well as in applications for the pharmaceutical and
biotechnology industry. The company generated sales of around EUR 890
million in 2015. NORMA Group operates a global network of 22 production
facilities as well as numerous sales and distribution sites across Europe,
the Americas, and Asia-Pacific. NORMA Group has its headquarters in
Maintal, Germany. NORMA Group SE is listed on the German stock exchange
(Prime Standard) and included in the MDAX index.
End of Media Release
---------------------------------------------------------------------------
Issuer: NORMA Group SE
Key word(s): Enterprise
23.09.2016 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: NORMA Group SE
Edisonstr. 4
63477 Maintal
Germany
Phone: +49 6181 6102 741
Fax: +49 6181 6102 7641
E-mail: ir@normagroup.com
Internet: www.normagroup.com
ISIN: DE000A1H8BV3
WKN: A1H8BV
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of News DGAP Media
---------------------------------------------------------------------------
504829 23.09.2016
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