Thermador Groupe's CSR policy

In the year 2018, Thermador Groupe embraced the United Nations' 17 Sustainable Development Goals (SDGs) within its corporate social responsibility (CSR) framework. Herein lies an overview of the specific SDGs that have been integrated into the Groupe's approach:

GROWING OUR TEAMS

• Offer rewarding conditions to attract new talent and maintain high levels of length of service within our subsidiaries
• Develop the skills of our teams
• Promote equal opportunities
• Ensure employee health and safety at all times

CONTRIBUTING TO THE ECOLOGICAL TRANSITION

• With our partners, measure and act upon all the elements of our carbon footprint
• Sell more sustainable and eco-responsible products
• Get our teams to adhere to and contribute to our environmental policy

BEING A RESPONSIBLE COMMITTED PLAYER

• Respect ethics and compliance with our stakeholders
• Engage in solidarity-based actions in line with our values
• Work with our professional ecosystem in keeping with our business-watch process

As of June 1st, 2022, a Sustainability Development Director joined Thermador Groupe. Leading the recently established Sustainable Development Unit, she oversees a team of experts dedicated to assisting subsidiaries in effectively working towards our shared goals. Additionally, she is entrusted with the responsibility of challenging the management practices of the group and suggesting initiatives to continue to make progress of environmental, social, societal, and governance progress.

Since 2021, Thermador Groupe has been committed to the United Nations Global Compact initiative for social responsibility, aligning with the Compact's principles encompassing human rights, labor standards, environmental stewardship, and anti-corruption measures. Over 14,000 companies from 162 countries are now signed up, organised around 70 local networks throughout the world.

The letter of commitment, signed by its Chairman and CEO, is available on the page of participants.

HUMAN RIGHTS

• Support and respect the protection of internationally proclaimed human rights
• Ensure that they are not complicit in human rights violations

INTERNATIONAL LABOUR STANDARDS

• Uphold the freedom of association and the effective recognition of the right to collective bargaining
• Contribute to the elimination of all forms of forced and compulsory labour
• Contribute to the effective abolition of child labour
• Contribute to the elimination of discrimination in respect of employment and occupation

ENVIRONMENT

• Support a precautionary approach to environmental problems
• Undertake initiatives to promote greater environmental responsibility
• Encourage the development and diffusion of environmentally-friendly technologies

FIGHT AGAINST CORRUPTION 

• Act against corruption in all its forms, including extortion and bribery

Suppliers

Aligning with the above-mentioned principles, Thermador Groupe involves its suppliers and subcontractors in the implementation of monitoring measures and, where applicable, corrective actions and invites them to share its commitment by signing this supplier code of conduct. You can consult the Supplier Code of Conduct.

Every year, 20 to 30 factory visits are carried out in order to develop and facilitate relationships with these partners, paying particular attention to employees’ working conditions. A long-term partnership has been established with 22% of our suppliers with whom we have collaborated for more than 40 years.

Employees

Quality of life at work is a real concern for the Groupe. Employees are regularly questioned on the subject, and thanks to the results of these surveys, management works on action plans to improve employees' satisfaction and well-being. The average length of service is 9.7 years. 81% of the employees have been trained in 2022 in order to improve their skills. Respecting diversity, 41.5% of women are in management positions in the Groupe.

Anti-corruption

From the very beginning, the founders of Thermador established rules of operation based on transparency, exemplarity and honesty. With the internationalisation of the group and the increase in the number of employees and legal structures, we felt it was necessary to better identify the risks of fraud and corruption and to put internal control procedures in place. In this context, 96.9% of employees at risk of exposure to corruption have been trained over the last 3 years in anti-corruption.

The group has developed the formalisation of its practices following the December 2016 regulation on transparency, the fight against corruption and the modernisation of economic life, known as "Sapin 2" law.

Environment

With the help of a Life Cycle Assessment consultant, some of our subsidiaries have implemented an eco-design approach for products in order to reduce the environmental impacts over the entire product value chain.

Sferaco set up a design office to contribute proactively to the eco-design of its products and Sectoriel proposes its own reparability index based on the same criteria as the official index. Waste management is also an important environmental measure, 95% of the Groupe's waste being sent to specialized streams for recycling or recovery.