Regional and social commitment
Support for local communities forms part of stakeholder engagement. As a leading company within the region, AMAG meets its social responsibility by deploying financial resources, and by making donations of materials and other tangible assets. The building blocks are donations, sponsoring and the commitment of employees.Sponsorship activities in the vicinity of the company Headquarters cover the four areas of education, social affairs, sports and culture. The development and further training of children, young people and adults is promoted as part of educational sponsorship. Many projects in the social sphere are supported, including as part of the AMAG Social Award. Another part of the spending is devoted to sport, in particular youth development and local sporting events. Various cultural institutions are supported as part of cultural sponsorship.
Employees can become socially involved as part of the annual AMAG Social Prize. The main aim is to highlight the value of voluntary work. Employees are invited to submit social projects for consideration by an independent jury which decides whether to provide support. The key criterion is that aid should directly benefit disadvantaged individuals or people in need within the region. Support is given in the form of financial or in-kind donations to organisations (such as hospitals or nursing homes) or individuals.
Spending on local suppliers and regional added value
In the 2020 financial year, significant orders worth EUR 93.6 million were placed in Upper Austria (2019: EUR 82.6 million), of which EUR 49.1 million were placed in the Innviertel region (2019: EUR 51.3 million). Thanks to the high proportion of orders awarded locally and the prominent presence of suppliers’ personnel at the site (accommodation, gastronomy, commerce), companies within the region and the federal state of Upper Austria benefit from the growth path of AMAG.
Since the 2017 reporting year, we have published a summarized non-financial statement in our management report, thereby fulfilling our reporting obligation in accordance with the Sustainability and Diversity Improvement Act (NaDiVeG). It summarizes the essential information for AMAG on the five required aspects of environmental issues, employee issues, social issues, respect for human rights, anti-corruption and bribery.