Reebok 2015 Annual Report Download - page 37

TO OUR SHAREHOLDERS
Corporate Governance Report including the Declaration on Corporate Governance
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SUGGESTIONS OF THE GERMAN CORPORATE GOVERNANCE CODE FULFILLED
In addition to the recommendations, the Code contains a number of suggestions for good and responsible
corporate governance, compliance with which is not required to be disclosed separately by law. The adidas
Group is fully compliant with all suggestions of the Code.
RELEVANT MANAGEMENT PRACTICES
Performance, passion, integrity and diversity are the core values of our Group.
They are actively lived by our Executive Board members, Supervisory Board members and our employees
and have been incorporated into our Code of Conduct which we completely revised in 2014. Our business
activities are oriented towards the legal systems in the various countries and markets in which we operate.
This implies a high level of social and environmental responsibility.
Compliance with working and social standards: The development of company guidelines with regard to
social minimum standards, work safety as well as health and environmental protection and the monitoring
thereof at the production facilities of the adidas Group and its business partners is an integral component
of our corporate policy. Our Group has a separate Code of Conduct for the supply chain, the so-called
‘Workplace Standards’. We report on our sustainability programme in this Annual Report, publish a detailed
sustainability report annually and provide information on our progress throughout the year on our website.
Environmental responsibility: For long-term, successful management of the adidas Group, sustainable
actions that embrace, in particular, social and environmental responsibility towards present and future
generations are essential. Our Social & Environmental Affairs department, with its worldwide team, has
for many years been responsible for monitoring the rights of employees in the supply chain as well as for
product safety management and the coordination of the environmental strategy.
In our chemical management, we have been running leadership programmes that address this topic within
our area of direct influence for years now. Further, we have set clear targets on emission reduction and we
proactively address the impacts of climate change through a number of initiatives in our own operations, in
our supply chain and through various partnerships. At the invitation of the UN Climate Change Secretariat,
the Group joined the ‘UN Climate Neutral Now’ initiative. As a champion of the initiative, we have committed,
inter alia, to estimate and reduce our emissions and to offset at least part of the remaining unavoidable
emissions with UN-certified offsets.
www.adidas-group.com/s/
standards-and-policies
see Sustainability, p. 94
see Sustainability, p. 94
www.adidas-group.com/s/
climate-change