fischer has signed Baden-Württemberg’s business initiative (WIN) and is following their structure. The WIN charta formulated 12 principles that reflect the three pillars of sustainability: economy, ecology and social concerns.
With these 12 principles, fischer is committing to fundamental values, a responsible approach to the environment and identifying with the region.
The fischer Group of Companies is economically successful and holds a lot of future potential. The fact that fischer is a successful, growing company can be seen by its turnover figures, which have steadily increased since 2010, as well as the number of its international employees. Continuous, healthy turnover growth allows investments to be made in further training and creating new jobs, amongst other things.
Principle 2: Human and employment rights
All entrepreneurial activities are based on the fundamental values “innovative, individual responsibility and serious”, with the aim of generating profit. fischer has a conscientious approach to selecting its partners, and carries out audits as part of its supplier management before commencing supply. It’s not just pure profitability that is relevant, but also the evaluation of the potential partner based on the criteria of people, safety and environment.
Principle 3: Sustainable innovation
Innovations are the nucleus of the fischer Group of Companies. Since its foundation, fischer has sustainably shaped the fixing market with its many innovations. This core statement is also rooted globally as a claim in the brand presence: innovative solutions. Without introducing new products or fundamentally improving existing products, the requirements presented by mega trends can’t be implemented. The new products in the fixing systems division constituted 13.4 percent of revenue in 2015.
Principle 4: Financial decisions
Sustainable economic development and long-term success are at the forefront when it comes to investments. As well as economic aspects, employee concerns and environmental issues are taken into consideration during investment decisions.
Principle 5: Anti-corruption
fischer condemns all types of corruption and gaining advantages through illegal and unethical practices. In 2016, the fischer Group of Companies will establish a Corporate Governance role which reports directly to management.
Principle 6: Resources
Every year, fischer’s compliance with procurement processes and internal procurement processes is confirmed with the environmental standard during the annual audit for certification in accordance with ISO 14001. fischer pursues a strict "total cost of ownership" principle when selecting countries of origin. Unnecessary transport routes are avoided as far as possible, while sources with standards that conform to the ecological basic rules of the fischer sites are preferred. At the Tumlingen site, fischer is authorised to extract water from its own sources, which can be used in the production area for cooling purposes and to water green spaces.
Principle 7: Energy and emissions
The successful implementation of fischer’s energy management was documented with the certification in accordance with ISO 50001 in 2013. An internal energy team comprising representative from energy-intensive divisions works across locations to ensure the continuous systematic improvement of energy management. CO2 emissions were kept at a constant level despite an increase in revenue for the company divisions.
Principle 8: Product responsibility
fischer products represent quality, durability and safety. The majority of plastic products are made out of nylon, preserving their performance for their entire service life. Processes are continuously adapted to changing requirements as part of the environmental management standard ISO 14001 from both a technical as well as a sustainable point of view.
Principle 9: Regional added value
We observe our social responsibilities towards society by incorporating the region into a variety of projects. For ten years, fischer, together with over 120 companies and foundations from various industries, has dedicated itself to providing financial and personnel support to the transfer of knowledge and the development of competencies in technology, science, economic education and business. Prof. Klaus Fischer made a significant contribution to the construction of the children’s facility “Im Himmelreich” with a sum of one million Euro.
Principle 10: Stakeholders
The fischer Group of Companies maintains an open and fair partnership dialogue with all stakeholders. In January 2016, fischer invited all stakeholders to a Stakeholder-Workshop in Waldachtal for the first time in order to engage in a continuous open dialogue.
Principle 11: Incentives to rethink
The topic of sustainability is promoted by Prof. Klaus Fischer and the Executive Board, as well as by the work force. The fischer ProcessSystem pursues the aim of a lean and flexible company while incorporating all employees. The topic of sustainability is also an integral part of the employee’s qualification matrix.
Principle 12: Employee wellbeing
Motivated employees are a crucial factor in order to overcome current and future challenges. Versatile investments are therefore made into the promotion of health. Regular audits throughout the entire company ensure that every employee’s workplace is ergonomic. The fitness levels of fischer employees are above average, with a healthiness rate of 96.3 percent in 2015.