Preparation for the Future
Climate change, scarcity of natural resources, increasingly short economic cycles, and demographic change impact our markets and demand patterns, presenting new challenges to our business activities. As a customer, supplier, employee, or interested member of the public, you expect specific measures and responses from us. It is you who is paying increasingly more attention to how we deal with new challenges and how sustainably we manage our environment. Therefore, we have defined and structured our sustainability approach in various fields of action: Principles, Employees, Profitability, Environment, Society, and Region.
We are working on deriving objectives for the future in order to become a more sustainable company. As an international company, we view these fields of action in terms of global responsibility for Würth Industry North America and WINWORK® (Würth Industrial NetWORK) companies specializing in the industrial sector.
Sustainably profitable business and growth are of great importance to us. Sustainable business operations go hand in hand with long-term, healthy and reliable business relationships. Sustainable, conscious action by all employees and high standards regarding the careful use of all resources in accordance with a company's economic objectives are no fad or trend, they form the basis of our daily activity and decision-making.
Our business relationships are based on reliability, trust, and durability.
We want to collaborate, grow, and create value with our customers, employees, and partners. Our business is based on legally compliant behavior, both internally and externally, in accordance with national law and the values of the corporate philosophy and management culture as a company in the Würth Group. General codes of conduct and guidelines within each department result in conscious actions by every employee and the internalization of values. Quality and process management, which concerns the optimization of all internal processes, also represents one of our key principles. We also seek purposeful dialogue with our customers, suppliers, employees, and the region.
Employees are the head and heart of the company and source of our success.
Jobs are directly linked with economic objectives. Growth secures jobs and training positions and enables jobs and further training opportunities to be created and developed. However, we know that growth is not everything and that satisfaction requires more than just a secure job. We are adding permanent contracts, flexible trust-based working hours, part-time work options and other additional benefits to our high degree of freedom and responsible tasks. We have taken measures to maintain the feel-good factor of our employees on a lasting basis. These measures target the well-being (work/life balance) of our employees and are intended to encourage them to assume personal responsibility in the areas of health, family, and career and to give them the appropriate instruments to do so.
Profitability - Growth without profit is fatal.
Würth Industry North America strives for continuous growth and gain in market share accompanied by maximum returns and an appropriate equity ratio. Growth is the driving force for further investments in product and system innovations as well as new technologies. Innovations result in sustainable customer retention and the acquisition of new customers. Due to our strong sales-orientation, we are able to recognize, respond to, and perfectly satisfy specific needs. This proves to be a competitive advantage in difficult economic times, the number of employees can be maintained and the existing market share can be defended or even increased. In tough economic times we draw on our reserves and are able to continue to offer a high degree of supply security. Profitability also means continually enthusing customers with maximum supply security for their industrial parts as well as standardized programs, a uniform product range a consistently high level of service, and the best possible quality at an international level. A worldwide supplier structure and strategic supplier partnerships are an essential prerequisite for this.
We are committed to a holistic approach to environmental protection.
For us, environmental protection includes measures that serve to prevent pressures on the natural environment and responsible use of natural resources. This includes knowing, documenting and observing legal requirements, the proper disposal of waste, sustainable land use, logistics and customer solutions and the increasing use of digital media, among other things.
Society and Region
Entrepreneurial action means future-oriented action.
As a family business, the Würth Group has felt a commitment to this principle from the very beginning. Active promotion of non-profit, social organizations and supporting numerous projects relating to art and culture, research and science, as well as education and universities are particularly close to our hearts. The Americas is our focus, with the aim of improving local conditions and supporting the local population.