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Environmental risks

Comprehensive environmental management serves to identify environmental risks early on and to take precautionary action. The possible environmental effects are considered during the development of our products. We certify our plants in accordance with the ISO 14001 environmental standard.

Many of the Corporation’s properties have been used for industrial purposes for many years, leading to risks of contamination and the resulting site restoration obligations. We pay special attention to identifying such risks when acquiring companies. If necessary, appropriate provisions are included in contracts.

Stricter statutory requirements can lead to higher development and production costs, particularly where the environment is concerned. We track legislative initiatives in our key markets as part of our risk identification and control procedures, and address the issue of alternative materials for our products in our research and development.