NORMA Group promotes responsible business with suppliers
Maintal, Germany, 1 December 2014 – NORMA Group, a global market and
technology leader in engineered joining technology, has developed a code of
conduct for suppliers to ensure sustainable and ethical business practices.
Beyond environmental aspects, the “Supplier Code of Conduct” also addresses
social issues such as fair wages and occupational safety and health
protection at their suppliers.“As a manufacturer, we are aware that we have a responsibility for the
environment and the society,” says Werner Deggim, CEO of NORMA Group.
“Since we seek to continually improve our supplier relationships, we also
want to promote responsible and social practices in our business
environment.”NORMA Group also seeks to exclude the use of conflict minerals in
production. Ores like cassiterite, coltan or wolframite are extracted in
war zones in conditions that severely breach international law. The special
ores are used in the metals industry, for instance as coatings for screws.Going forward, suppliers of NORMA Group will be reviewed to assess whether
they comply with the principles of the code of conduct. NORMA Group will be
entitled to discontinue the relationship if they do not comply. The
criteria are based on international guidelines such as the UN Global
Compact under which companies undertake to comply with social and
environmental standards such as, for instance, the international
environmental norm ISO 14001.In 2013, NORMA Group bought materials with a total value of about EUR 269.4
million from suppliers. This corresponds to about 42.4% of group sales.The Supplier Code of Conduct is available on: www.normagroup.com/supplier.
Please find more information about Corporate Responsibility at NORMA Group
on our homepage www.normagroup.com/CR. Please visit our platform
www.normagroup.com/images for press photos.Contact
NORMA Group SE
Daphne Recker
Media Relations
E-mail: daphne.recker@normagroup.com
Tel: +49 (0)6181 – 6102 743About NORMA Group
NORMA Group is an international market and technology leader in engineered
joining technology. The company manufactures a wide range of innovative
joining technology solutions in three product categories (clamp, connect
and fluid) and offers more than 35,000 high-quality products and solutions
to around 10,000 customers in 100 countries. NORMA Group joining products
can be found in vehicles, ships, trains, aircraft, domestic appliances,
engines and plumbing systems as well as in applications for the
pharmaceutical and biotechnology industry. The company generated sales of
around EUR 636 million in 2013. With around 6,000 employees, 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.
Since April 2011, NORMA Group is listed on the German stock exchange and
included in the MDAX index since March 2013.End of Media Release
via NORMA Group promotes responsible business with suppliers.