CHT Sustainability Report 2020

SUSTAINABILITY MANAGEMENT

WE TAKE RESPONSIBILITY

Long-term business success must create value: for the environment, society and economy. That is why sustainability has been an elementary component of our corporate strategy for years. We consistently integrate sustainability aspects into our actions. We understand future sustainability trends and derive appropriate measures for our business. Sustainability remains deeply anchored in our company strategy.

Within the framework of our entrepreneurial self-obligation, we define measurable sustainability goals and measurements for their implementation. In our corporate strategy, we have set sustainability priorities and linked these to the relevant SDGs (sustainable development goals of the UN). CHT has selected 11 of the 17 SDGs which are highly relevant for business activities today and in the future (see graph).

Relevant topics such as energy and climate protection, portfolio management, supply chain responsibility, staff commitment and resource efficiency as well as responsible production are the focal points of our sustainability management.

These aspects play a vital role in our long-term steering processes and reports. We take into account the relevance of these topics for our business, the effects along the value chain and the significance for our stakeholders.

We involve stakeholders: Open dialogue

Our commitment to sustainability is characterised by a trusting and open dialogue with our stakeholders. These include the owners of our company, our staff, but also external stakeholders such as our customers, suppliers, associations, universities, research institutions and NGOs. In an exchange with them we identify new trends and demands at an early stage, so that we can include them in our developments and entrepreneurial decisions.

We measure value contributions through sustainability

We want to capture the value contribution of our sustainable corporate activities along the value chain. We aim at increasing our positive contribution to society and at minimising the negative effects. In order to achieve this, we need to better understand the impact of our actions on the environment. To this end, together with our partners, we collect data that can help us to thoroughly evaluate our products and solutions.

Valid data collection

All data in this report is recorded and documented in a reporting system used throughout the Group. The reporting system is based on a uniform data platform which is available at all CHT sites worldwide. Locally responsible employees within each CHT site collect and document all data relating to ecology and society in a uniform way. The validity of such data is ensured by a two-stage confirmation process.

In addition, CHT has implemented a tool for group-wide management and for ensuring compliance and CSR guidelines. The Managing Directors of CHT Group evaluate this CSA (Control Self-Assessment) tool, which includes the topics of sustainability and UN Global Compact every two years in the context of an explanatory self-disclosure for their CHT company.

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