Annual Report 2010 - Frauenthal Holding AG
Annual Report 2010 - Frauenthal Holding AG
Annual Report 2010 - Frauenthal Holding AG
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72 <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong><br />
Operating Review<br />
Sustainability and<br />
corporate social responsibility<br />
Acting responsibly and conducting our business in a sustainable<br />
manner are just as important to the <strong>Frauenthal</strong><br />
Group as the profit principle. Besides the common values<br />
shared by all of us working for the Group, many areas of<br />
our activities call for particular care in our treatment of<br />
people and resources. <strong>Frauenthal</strong> sees success as more<br />
than a matter of positive short-term financial results, but<br />
of sustainable business development, based on a responsible<br />
approach to employees, customers, society and the<br />
environment. This is achieved by management decisions<br />
which take the big picture into account, and by actively<br />
involving many of our people in a wide range of decisions<br />
affecting the Group’s divisions.<br />
Increased production efficiency is directly linked to our<br />
business and environmental aims. Best practice and lean<br />
management make a considerable contribution to this,<br />
and support our efforts to conserve natural resources.<br />
We attach particular importance to reducing energy consumption<br />
and rejects in our production processes. In all divisions,<br />
the development of the product mix is also driven<br />
by environmental concerns. For example, the Industrial<br />
Honeycombs Division has long helped reduce greenhouse<br />
gas emissions by manufacturing diesel and power station<br />
catalysts. Our R&D effort in the Automotive Components<br />
Division is leading the way in developing ever lighter and<br />
longer lasting leaf springs. Weight reduction and a longer<br />
useful life – preventing the frequent replacement of<br />
components – play a part in the production of more en-<br />
“i have seized the opportunities offered to me, accepted challenges, and<br />
always tried to grow by shouldering new responsibilities and learning as<br />
i went along. good team spirit, Sht’s progress, and staff development<br />
are the things that are closest to my heart.“<br />
Beatrix Pollak, member of the SHT Executive Board<br />
“on our own, we are just words, together we are a poem. Managers should<br />
remember that what they are thinking will be the atmosphere they create.“<br />
Karin Many, Head of Human Resources Management<br />
vironmentally friendly commercial vehicles. Last but not<br />
least, the Wholesale Plumbing Supplies Division focuses<br />
on renewable energy technologies such as photovoltaics,<br />
heat pumps and thermal solar collectors in its energy<br />
consultancy activities and sales of renovation products.<br />
The development of sustainable technologies and systematic<br />
improvements along the value chain depend on<br />
our people’s expertise and experience. For this reason,<br />
training and personality development have are a top<br />
priority at <strong>Frauenthal</strong>, as shown by our wide-ranging<br />
training programme. This includes specific not only occupational<br />
training and lean management courses, but<br />
is also promoting the adoption of English as the Group<br />
language. In addition, safety at work is a central concern,<br />
and we also attach importance to ergonomics and<br />
preventive medicine.<br />
Regular the shop floor inspections and lean management<br />
workshops offer good opportunities to identify and<br />
implement potential improvements.