BMW CSR strategy aims to achieve the highest level of sustainability during the each stage of the vehicle life cycle via implementing the relevant set of measures and initiatives. The figure below illustrates the key measures at each stage of the vehicle life cycle process: BMW sustainability throughout the product life cycle[1] BMW Group has won a number of awards for its sustainability efforts. These include the following: Re-gaining the first place in automobile industry in Dow Jones Sustainability Indexes (DJSI) in 2015 Achieving 100 out of maximum 100 points for transparent reporting according to CDP. Being listed on FTSE4Good an index of the British index family on sustainability and corporate governance provided by FTSE in London. BMW CSR Programs and Initiatives The company releases Sustainable Value Report annually and it includes the details of CSR programs and initiatives engaged by the company. Table 3 below illustrates highlights from the latest report for 2015: Categories of CSR activities BMW Group Performance Supporting local communities Care 4 Water initiative carried out in collaboration with the non-profit organisation “Waves For Water” involves employee fundraising activities in more than 50 countries to enable communities to secure their own access to clean water Educating and empowering workers Employees for certain positions are offered flexible working hours such as sabbaticals or “Vollzeit Select” (Fulltime Select) scheme In 2015 BMW Group invested EUR 352 million for employee education and training and development purposes. On average BMW Group employees participated in 4.1 days of training programs in 2015. Labor and human rights Starting from 2016, the company has announced the gradual integration of human rights requirements into global Compliance Management System Employee health and safety Health Management 2020 program has been launched to assist employees to improve and maintain their health. Since its launch in 2014 10,100 employees … Continue reading BMW CSR Overview
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