Commitment to responsible corporate governance

Nor­ma Group has joined the Unit­ed Nations sus­tain­abil­i­ty net­work. As a par­tic­i­pant in the Unit­ed Nations Glob­al Com­pact ini­tia­tive, the com­pa­ny is com­mit­ted to ten prin­ci­ples of Cor­po­rate Respon­si­bil­i­ty (CR). These include respect for human rights, the elim­i­na­tion of cor­rup­tion, dis­crim­i­na­tion, forced and child labor and the pro­mo­tion of envi­ron­men­tal­ly-friend­ly technologies.
“We have long inte­grat­ed the prin­ci­ples of the UN Glob­al Com­pact into our dai­ly activ­i­ties,” says Bernd Klein­hens, Chair­man of the Man­age­ment Board of Nor­ma Group. “As an inter­na­tion­al com­pa­ny already involved in sev­er­al local CR ini­tia­tives, we would like to reaf­firm our com­mit­ment to respon­si­ble cor­po­rate gov­er­nance on the glob­al lev­el as well.
The com­pa­ny also con­sid­ers the prin­ci­ples of the UN Glob­al Com­pact in its CR Roadmap 2020. The Roadmap sum­ma­rizes the group’s Cor­po­rate Respon­si­bil­i­ty goals through 2020 and defines appro­pri­ate met­rics that can be used to ver­i­fy the achieve­ment of each goal. In line with the Glob­al Com­pact, there should be no judi­cial breach­es of anti-dis­crim­i­na­tion laws and laws pro­tect­ing work­ers’ free­dom of asso­ci­a­tion. The com­pa­ny is also com­mit­ted to train­ing its employ­ees in com­pli­ance and pre­vent­ing cor­rup­tion, and to increas­ing­ly con­sid­er sus­tain­abil­i­ty aspects when select­ing suppliers.
In accor­dance with the require­ments of the UN Glob­al Com­pact, the com­pa­ny will report annu­al­ly on com­pli­ance with the ten prin­ci­ples. Around 13,000 orga­ni­za­tions have already joined the Unit­ed Nations sus­tain­abil­i­ty ini­tia­tive worldwide.
Nor­ma Group has already joined sev­er­al CR net­works in Ger­many, includ­ing the Diver­si­ty Char­ter and the Hes­s­ian Char­ter on the rec­on­cil­i­a­tion of work and care. The com­pa­ny has also shown its com­mit­ment to social respon­si­bil­i­ty with the UK Mod­ern Slav­ery Act 2015 and the Cal­i­for­nia Trans­paren­cy in Sup­ply Chains Act.