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Freudenberg strengthens its focus on corporate citizenship

Jun 10, 2019

As part of its e² program, the Freudenberg Group and its local employees are fostering the education of poor children in Bengaluru.

New Delhi: The global technology group Freudenberg continued its good business development in 2018 in a volatile and difficult environment and recorded strong organic growth of 4.3 percent.

Along with that, Freudenberg’s commitment to Corporate Citizenship extends beyond the value chain. In 2018, many Group companies, sites and employees volunteered in small initiatives and complex projects. The e² (education and environment) program has been strengthening our corporate citizenship since 2015. The goal is to provide people with access to education and employment, and support environmental protection. Freudenberg has already donated a total of ₹ 112.8 crores to the program. By the end of the year, e² was supporting some 70 projects.

As part of its e² program, the Freudenberg Group and its local employees are fostering the education of poor children in Bengaluru. The Group is contributing financially to the Parikrma Humanity Foundation, a non-profit organization that local Freudenberg employees in India have been visiting over the years. Parikrma runs four centers for learning, including a kindergarten and school as well as a junior college, and has a clear mission: providing under-privileged children from the slums of Bengaluru with a high quality education, excellent English language skills and the confidence to dream big – even about international careers.

The Freudenberg Training Centre (FTC) in Nagapattinam, India, was originally established back in 2009, following the devastating tsunami which hit South East Asia in 2004. The FTC completes it´s 10th anniversary in 2019. Through the provision of training for young people, Freudenberg is opening up opportunities for them to help themselves, at the same time as boosting the region's economy. "On the occasion of the FTC´s anniversary and the Freudenberg Group’s 170th anniversary, we have planted 170 trees at Nagapattinam as a small contribution towards a greener environment. We recognize that skills development is essential as part of the drive to build on India's socio-economic infrastructure. Bridging the critical gap between manpower availability and employability is important to provide sustainable livelihood opportunities," said Graf.

Sustainability

The sustainability strategy for the Group developed in 2016 was integrated in all Business Groups and is a systematic component of the strategy process. The strategy has two dimensions: One dimension is process design and equipment usage to make production as resource efficient as possible (Footprint).

The second dimension is the numerous Freudenberg products and solutions that make our customer’s production more efficient and sustainable or allow products to be manufactured with greater resource efficiency (Handprint). Key performance indicators measure three core areas - material efficiency, energy efficiency and emissions.

In India, Freudenberg’s seven Business Groups have a total workforce of some 2,750 employees at around 50 locations – running six R&D centers and 14 production sites with state-of-the-art shop floors. “We remain committed to our long term orientation and continue to grow sustainably. The upcoming facility in Chennai is on track and close to completion underlining our long-term commitment to the local market and to support the ‘Make in India’ initiative,” said Georg Graf, Freudenberg´s Regional Representative in India. The total investment so far is around €30 million or ₹240 crore.

“The Indian market plays a key role in our existing and future operations, and our diversified and innovative portfolio caters to the demands of India’s industry. Both, operationally and strategically, 2018 was a successful year for Freudenberg worldwide.” Graf added.

Health & Safety

Employee safety has top priority at Freudenberg. In the 2018 financial year, the LDIFR (Lost Day Incident Frequency Rate – this rate measures all incidents at work involving at least one day’s absence per million working hours) – was 1.5 (previous year: 1.4). This is a good value for a manufacturing company.

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