Own workforce

[SBM-3-48a][SBM-3-48h] NORMA Group’s own workforce is also a material sustainability issue for NORMA Group’s own operations. [S1-SBM-3-13][SBM-3-48b][SBM-3-48cii] The actual and potential impacts on NORMA Group’s own workforce identified in the materiality assessment are linked to the company’s strategy and business model. Furthermore, these impacts are of crucial importance for the adjustment of the strategy, as NORMA Group wants to remain an attractive employer in the future. Current employees and future employees should have an increased identification with and loyalty to NORMA Group and contribute to the company’s success with the resulting commitment. Objectives derived from the corporate strategy include employer branding objectives to increase attractiveness in an external context, particularly for potential new employees. This also results in the opportunity identified as material, which is also linked to the strategy and business model. [SBM-3-48b] The chapter S1 OWN WORKFORCE describes the measures NORMA Group is taking to address these influences. [SBM-3-48d]

[S1-SBM-3-14a] As part of its reporting, NORMA Group considers all of its own workforce who are potentially materially affected by the company’s impacts. The employees and external workers concerned are differentiated, for example, according to the type of work activity, such as production and administration. This includes all employees, including temporary and permanent employees, students, interns, trainees and on-call workers as well as leased staff, including the self-employed. [S1-SBM-3-14b]

[SBM-3-48ci][SBM-3-48civ][S1-SBM-3-14c + 15 + 16] The material positive impacts identified in the materiality analysis result, among other things, from measures aimed at compliance with the principles and standards defined by NORMA Group, as well as framework conditions such as company agreements or local and global initiatives. These should contribute to improving working conditions by promoting equal treatment and equal opportunities, as well as ensuring that the human rights of the company’s own employees are respected. All employees, including the self-employed, who fall within the definition of the company’s own workforce, can benefit from these effects. All positive impacts and identified opportunities relate to the entire workforce.

[S1-SBM-3-14d] The identified financial opportunity relevant to NORMA Group’s business, resulting from the impact and dependencies of its own workforce, is that NORMA Group invests in this topic, maintains a good image, establishes compliance measures and attracts investors, customers and employees.

[S1-SBM-3-14e] NORMA Group does not record any material impacts on its own workforce as a result of transition plans to reduce negative environmental impacts and achieve greener and climate-neutral operations. The company wants to ensure that its measures to improve environmental sustainability do not adversely affect the working conditions of its employees.

[S1-SBM-3-14f + g] NORMA Group has not identified any significant risks related to forced labor and child labor in the course of its operations. NORMA Group is committed to preventing forced and child labor by introducing Group-wide standards for working conditions, and establishing measures to comply with global regulations.