Communication on Progress

Participant
Published
  • 2021/12/13
Time period
  • October 2020  –  October 2021
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer
  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • To our stakeholders:

    I am pleased to confirm that PM Studio GmbH reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.

    In this annual communication on progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to share this information with our stakeholders using our primary channels of communication.

    Sincerely yours,
    Sven Döbert
    Managing Director

Human Rights
  • Assessment, policy and goals
  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • - Reference to (statement of support for) the Universal Declaration of Human Rights or other international standards
    - Written company policy on respecting Human Rights and preventing potential abuses (code of conduct for employees, code of conduct for suppliers)
    - Policy requiring business partners and suppliers to adhere to the Global Compact principles on Human Rights
    - Compliance salary standards, office and workspace conditions

  • Implementation
  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • - Suggestion and complain management
    - Human resource policies and procedures supporting Human Rights for employees
    - Human resource policies and procedures supporting Human Rights for business partners / suppliers
    - Consultation with stakeholders and affected parties
    - Awareness raising on discrimination
    - Employee surveys

  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • - Reporting of suggestions, complaints and discrimination reports
    - Employee survey report, actions and progress
    - Injury quote
    - Overview of salaries and gender equality
    - Specific progress made in the area of Human Rights in the past reporting period
    - External audits of Human Rights performance at our suppliers

Labour
  • Assessment, policy and goals
  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • - Written company policies to uphold the freedom of association and collective bargaining and the elimination of forced labour, child labour and employment discrimination
    - Written policies that clearly state employee rights and responsibilities and their compensation and benefits
    - Policy requiring business partners and suppliers to adhere to the Global Compact labour principles
    - Specific goal in the area of labour rights for the upcoming year (100% of our suppliers have to hold a social audit)

  • Implementation
  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • Related to our mainly administrational business and paperless office goal, we offer an anonymous online suggestion and complain management.
    We offer ergonomic workplaces and respond to special requirements (VDU eyewear, special requirements on worktable or chairs,...) and training about work security.

  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • - There have been no investigations, legal cases, rulings, fines and other relevant events related to the Global Compact Labour principles
    - Yearly report on diversity factors of our employees with gender, age and minority
    - Yearly check that all our suppliers will have at least one valid CRS audit

Environment
  • Assessment, policy and goals
  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • Related to our mainly administrational business and paperless office goal we separate environmental topics in internal (office building, no production and warehouse spaces) and supplier productions.
    For both there are specific written company policy on environmental issues, including prevention and management of environmental risks.

    For suppliers:
    With regards to harmful substances in our products, we adhere and comply to the regulations of the European REACH standard (registration, evaluation, authorization and restriction of chemicals). Thus, PM Studio will not accept products that are contaminated with substances listed at:

    https://echa.europa.eu/de/candidate-list-table or exceed their limiting values.

    Environmental standards are under development in Asia / China and not supported in some regions. Because factories need to make big effort before applying to ISO 14001, which it is not common in China.

    Widely used in our industry is the SMETA certification. SMETA 4-Pillar includes Health & Safety, Business ethics, labour and environmental.
    PM Studio commits to have 100% of our "regular" suppliers SMETA 4-Pillar certified until 2022 and will support suppliers during the implementation. Regular suppliers are defined as STD ASIA suppliers with more then 2 orders per year.

  • Implementation
  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • Intern:
    We have implemented solar panels to run our office building climate neutral and changed our car pool to electric vehicles.

    With our research and sustainability team, we are permanently looking for new material options and sustainable alternatives. In Q3/ 2021 we have started to measure a sustainable product score based on HIGG.

  • Measurement of outcomes
  • Description of how the company monitors and evaluates environmental performance.

  • For our office building we measure water usage and electricity.

    In our sourcing we will rate the HIGG score as of Q4/2021.

Anti-Corruption
  • Assessment, policy and goals
  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • Our company does not accept corruption at all. Therefore there is a written code of ethics & code of conduct in place.

  • Implementation
  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • Related to our mainly administrational business and paperless office goal, we offer an anonymus online report to declare a conflict of interest.

  • Measurement of outcomes
  • Description of how the company monitors and evaluates anti-corruption performance.

  • - Follow up on any corruption reported to see what happened, the impact and how to avoid in the future (in 2021 no corruption was reported)
    - Planned to start internal audits in 2022
    - Regular review by management board on supplier orders to see if suppliers have received orders following our standards and not by corruption