Annual report 2014

Corporate Responsibility

Haniel sees itself as a value developer – including where sustainability is concerned. In 2014, the family-equity company reached key milestones in integrating corporate responsibility (CR) into all relevant core processes – both at the level of interactions with the divisions as well as within the Holding Company itself.

For 259 years going, Haniel has exemplified the pairing of entrepreneurial drive with a stable set of values. Haniel’s values – shared and adhered to in equal measure by the Haniel family and the management – are enshrined in the Code of Conduct. Haniel revised and updated its Code of Conduct for all employees in 2014. The divisions also issue similar guidelines on the basis of the Code of Conduct. Among other things, the Code of Conduct reflects the ten principles of the UN Global Compact in the areas of human rights, labour standards, environmental protection and the fight against corruption. On 27 March 2014, Haniel became a participant in the United Nations initiative, and undertook to uphold and promote awareness of the ten principles. The divisions have also joined the UN Global Compact or have subscribed to its guiding principles.