The manufacture of processed foods and beverages represents one of the world’s most stable growth markets – and is expected to enjoy continuous growth over the coming decades. As a listed company, GEA has a particular responsibility to its investors. Our focus is on growth, operational efficiency as well as cash management. GEA’s primary objective is to sustainably increase enterprise value by achieving profitable growth.
Achieving this is inextricably linked to how we act and behave as a company. Given our commitment to sustainable value creation, corporate governance is an essential element of business management and deeply affects each and every aspect of the group’s day-to-day operations.
Quality, efficiency and safety, and the appropriate conduct within the framework of business activities are very important to our customers, not only in terms of GEA’s products and services, but along the entire supply chain. Our adherence to basic compliance standards, including occupational safety and environmental protection in the supply and value chain, ensures the necessary trust required for long-term business relationships which is why we give them our highest level of attention.
To avoid the serious consequences of potential compliance violations, GEA faces risks of violations by means of a compliance management system designed for analysis, information and education, control, process definition as well as monitoring purposes.
For an innovative and global enterprise like GEA, information and its use for accomplishing corporate targets is of extreme importance. GEA protects the privacy of every individual whose personal data is processed by the company.
GEA practices a zero-tolerance policy with regard to unethical behavior in business dealings and transactions, particularly as it relates to bribery, corruption, money laundering, child or forced labor. GEA expects all of its suppliers to abide by comparable standards while exhibiting proper ethical behavior when conducting their businesses.
In 2016, GEA began clustering sites with integrated management systems under the umbrella of a unified GEA certificate. GEA Group Aktiengesellschaft, headquartered in Düsseldorf, was certified as meeting the requirements of ISO 9001:2015, ISO 14001:2015, BS OHSAS 18001:2007 as well as ISO 50001:2011 in June 2016, and, thus, heads the group of certified sites. All GEA companies in possession of one of the above management systems will be gradually integrated into the matrix certificate.
To ensure maximum transparency in the markets, GEA participates in the annual EcoVadis CSR Performance Monitoring and participates in the Carbon Disclosure Project (CDP) survey. We are also listed in the sustainability indices of the MSCI.
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