Continous information exchange

Social acceptance and understanding of entrepreneurial actions are an essential prerequisite for developing viable solutions for a sustainable future. Dialoguing with social groups is therefore an important element of Henkel’s sustainability strategy. We continuously seek and maintain a dialogue with all relevant stakeholders, including customers, consumers, suppliers, employees, shareholders, local communities, government authorities, associations, non-governmental organizations, politicians and academia.

Henkel is active in a number of dialogue platforms and initiatives on issues related to sustainability. The dialogue helps us gain a better understanding of trends and challenges. It gives us the opportunity to bring forward-looking concepts into line with sustainable development and help shape how they are implemented. This allows us to participate in scientific discussions on overall political conditions.

This dialogue also shows us which aspects of sustainable development are of particular interest to individual stakeholder groups. The earlier and the more intensively we engage with the views of our stakeholders regarding future social challenges, the better and the more quickly we will be able to take these into account in our planning and our actions.

This open exchange offers a basis for mutual understanding and an opportunity to attain social acceptance of our entrepreneurial decisions. At the same time, the dialogue is a source of new ideas for the company and allows us to identify potential risks at an early stage.

The stakeholder dialogue thus makes an important contribution to our innovation management and risk management and forms the basis for the further development of our sustainability strategy and reporting.

Identification of key issues

Society and business enterprises alike are facing many different global challenges. In order to filter out which topics are relevant to our business activities, we analyze sustainability challenges using a variety of instruments and processes and assess their significance for the company and identify topics of relevance for sustainability management and reporting (see graphic). In doing so, we dialogue with sustainability-focused institutions, international rating agencies and analysts, and academia. We also consider the assessment criteria of various financial and sustainability-oriented indices and the guidelines of the Global Reporting Initiative (GRI).

Identification of key topics for our sustainability management and reporting

Graph Identification of key topics for our sustainability management and reporting
Materiality analysis: We use a series of different instruments and processes to analyze global challenges and identify topics of relevance for Henkel’s sustainability management and reporting.

Working together for a sustainable world

Dr. Pete He, a sustainability manager at Henkel North America, presented the sustainability strategy in August 2012 at an event organized jointly by Henkel and Walmart Mexico and Central America. The “Henkel Sustainability Week” provided an excellent opportunity to discuss future joint projects with our customer.

Last updated: March 6, 2013