12 The fundamental values of the RZB Group In the 19th century, Friedrich Wilhelm Raiffeisen simplified the idea of a cooperative down to one basic principle: In unity lies strength. RZB AG and its subsidiaries as well as the RBI Group are part of a cooperative organization. This can be seen in the key strategies and decisions. The basic principles of Friedrich Wilhelm Raiffeisen apply to all levels of the RZB Group. Friedrich Wilhelm Raiffeisen believed in helping others to help themselves and in the principles of charity, community and solidarity. His life was characterized by a sense of responsibility for the community. Now, as before, we build upon a powerful brand that combines and embodies the principles of identity, self-administration, sustainability, subsidiarity and business ethics based on solidarity. • Helping others to help themselves: Willingness to provide mutual assistance. • Personal responsibility: Members make their own decisions about their cooperative within a framework of democratic principles. • Solidarity-based business ethics: With a common economic goal, based on being there for one another. • Sustainability of cooperative success: The common goal is lasting economic improvement. • Subsidiarity: The power of the cooperative is only deployed where the power of the individual is insufficient and therefore requires help. • Principle of identity: Members of the cooperative are simultaneously customers. Our values and principles implemented in established rules The RZB Group is one of the signatory companies of the UN Global Compact (UNGC) and is therefore committed to consistently complying with the ten UNGC principles of responsible business. The UNGC is the world’s largest CSR and sustainable development initiative. Its principles include the core areas of human rights, labor standards, environmental protection and combating corruption. The concomitant attitude of global responsibility is expected of all employees and managers as well as of partners and suppliers of the RZB Group. Further information is available at www.unglobalcompact.org. The ten principles of the UN Global Compact Human rights Principle 1 The RZB Group supports and respects the protection of international human rights within its sphere of influence. Principle 2 The RZB Group ensures that it does not become complicit in human rights violations. Labor standards Principle 3 The RZB Group safeguards the right of association and effective recognition of the right to collective bargaining. Principle 4 The RZB Group supports the elimination of all forms of forced labor. Principle 5 The RZB Group supports the abolition of child labor. Principle 6 The RZB Group supports the elimination of discrimination in the hiring and subsequent employment of staff. Environmental protection Principle 7 The RZB Group takes a preventive approach to dealing with environmental problems. Principle 8 The RZB Group takes initiatives to create a greater sense of responsibility for the environment. Principle 9 The RZB Group promotes the development and proliferation of environmentally friendly technologies. Combating corruption Principle 10 The RZB Group opposes all types of corruption, in particular blackmail and bribery.
ebook_RBI_NHBericht2016_EN
To see the actual publication please follow the link above