For us, economic success together with socially and ecologically responsible action belong together and are the basis of our business success. Sustainability is an essential part of our corporate culture, which shapes our daily work and the way we deal with each other and our business partners. We have formulated our corporate responsibility guiding principles for the WTS Group in a accordingly concise manner:
WTS is building on its sustainably designed foundation because the company was founded 20 years ago on the basis of a foundation as sole shareholder. This meant that we were independent of personal shareholder interests from the very beginning and that the overriding goal of our business activities was defined: Long-term success instead of short-term profit maximization.
We have established important framework conditions to implement our corporate responsibility.
We're in! By signing the UN Global Compact, we are once again confirming how important responsible corporate governance is for us.
The initiative is the world's largest network for sustainable business.
WTS Group is committed to the observance and promotion of the ten principles in the fields of human rights, labour, environment and anti-corruption. In addition, we are committed to promoting the 17 Sustainable Development Goals (SDGs) of the United Nations, which contribute to sustainable development globally by 2030.
You can find our current UN Global Compact Progress Report here.
With this report, we present our measures and results for the implementation of the ten UN GC Principles.
We align all our environmental and social initiatives with the needs of WTS stakeholders and continuously develop them further.
The heart of our social activities is the WTS Group Foundation, which was established in February 2016. The foundation enables us to bundle our commitment and support projects directly and without bureaucratic hurdles.
When making donations, we focus on local and regional initiatives in the area of our respective locations. There, we provide targeted support to smaller organizations and focus on long-term cooperation. In this way, we ensure that the funds provided reach the desired recipients as directly as possible and without any administrative hurdles.
The WTS Sustainability Advisory Board is a body consisting of six WTS and FAS employees from different departments and WTS locations. The Advisory Board is headed by Anselm Bilgri, member of the Board of Trustees of our shareholder, the WTS Foundation for Retirement Pensions, and thus, part of our corporate base. The former Benedictine monk now advises companies in the field of value-based management.
An important task of the Sustainability Advisory Board is to monitor the use of the company's own sustainability fund: In this context, WTS Group annually allocates donations to environmental initiatives.
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