Sustainability forms part of AMAG's business model and corporate strategy. Responsibility for this lies at Management Board level and is transferred to the management structure with clearly defined areas of responsibility. As the uppermost supervisory body, the Supervisory Board performs ist duties in relation to the company's economic, ecological and social responsibility. The AMAG Executive Management Team (Management Board and the managing directors of the individual companies) cover sustainability-related topics based on reports and submissions from the specialist departments. The Management Systems specialist area coordinates sustainability management with the areas of Occupational Safety, Quality Management, Energy, Environmental & Risk Management, Continuous Improvement Process and Sustainability. The head of this area reports to the Management Board. The heads of the specialist areas are responsible for implementing the sustainability goals.
Sustainability management at AMAG is based on the following principles:
Balance: The broad positioning by sector and products, as well as in terms of the geographic
markets AMAG supplies, ensures a high degree of balance and stability. Comprehensive sustainability activities in the various corporate divisions ensure that sustainability management functions systematically and is continuously improved.
Materiality: AMAG focusses on its operating activities’ significant economic, environmental and social effects, and maintains constant dialogue with its stakeholders in order to ascertain important topics.
Completeness: The principles of transparency, up-to-date status and completeness enjoy top priority in internal and external corporate communication. AMAG communicates promptly and comprehensively with relevant stakeholder groups about key topics relating to its Business activities.
Flexibility: AMAG perceives changes to its economic and social environment, as well as new
challenges posed by customers and markets, as an opportunity, and meets them with great flexibility.
Innovative spirit: Researching technologically challenging questions, the development of marketable applications, and continuous process and product improvement are an expression of AMAG’s innovative spirit.
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.