CARING FOR TOMORROW'S WORLD: OUR COMMITMENT TO AN EMPOWERED FUTURE
Discover our unwavering commitment to sustainable practices driving positive change across our technologies and operations for the planet and people.
WE THINK SUSTAINABLE
We inspire & empower the Munich Electrification team, customers, suppliers and other stakeholders.
We are devoted to propel sustainability in the electronic and automotive market.
CREATING A SUSTAINABILITY CONSCIOUS FOUNDATION
ME's governance is anchored in sustainability-conscious structures, intentions, and decisions. In anticipation of forthcoming non-financial disclosure obligations, we consistently report on our performance across a spectrum of ESG (Environmental, Social, Governance) topics.
Another pivotal initiative is our materiality assessment, a fundamental concept in the sustainability landscape. It determines which topics to disclose and where to concentrate our efforts in the company's strategic course.
Within our offices, ME actively pursues socially- and environmentally-friendly practices, particularly in areas such as business travel, catering, and corporate benefits for employees.
MINIMIZING THE PRODUCTS' FOOTPRINT
In addition to tracking the Corporate Carbon Footprint, we commenced calculating the carbon footprint of our products in 2021. Through comprehensive life cycle assessments, we identify significant contributors and prioritize improvements accordingly.
The levers for minimizing the carbon footprint lie not only in product design but also in the selection of materials, components, and suppliers. To this end, we actively seek collaborations with research institutions to discover and test more sustainable materials compared to conventional options.
ENGAGEMENT FOR A MORE RESPONSIBLE SUPPLY CHAIN
At ME, we take our social and environmental responsibilities throughout our value chain seriously. Maximizing transparency in the upstream supply chain is crucial for identifying significant issues and initiating action on those with the highest impact through the implementation of appropriate countermeasures.
Our suppliers undergo assessment and selection based on sustainability criteria, among other considerations. Additionally, we are planning to conduct workshops to foster close collaboration on sustainability matters, beginning with our major suppliers.
TOGETHER, WE CAN ACHIEVE MORE!
We are certified with the ISO Standard 14001 and target to extend our partner network with more sustainable leaders.
Other than that, we have already sponsored the planting of trees at Treemer. Additionally, we are a member of the Umwelt- und Klimapakt Bayern - an initiative from the Bavarian government to foster corporate sustainability.
GRIEVANCE MECHANISM AT MUNICH ELECTRIFICATION
At Munich Electrification, we are committed to transparency, accountability, and continuous improvement. We understand the importance of providing our stakeholders with a platform to voice their concerns and feedback to potential human rights violations and harms towards the environment. That is why we are pleased to introduce our Grievance Mechanism — designed to ensure that all stakeholders, including customers, employees, suppliers, and community members, have a straightforward and confidential way to share their concerns.