Wacker Chemie AG

Regarding our involvement in the political arena, we have formulated binding rules in line with our corporate governance. WACKER Communications' political communication follows ethical principles and is subject to both legal regulations and internal specifications. It forms an integral part of responsible corporate management.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]WACKER maintains an active, open and transparent dialogue with political decision-makers, representatives of trade unions, associations and non-governmental organizations. The aim is to help constructively and transparently shape the political framework for our business activities in a highly and complexly regulated environment. We do this, for example, through industry associations, cross-industry business alliances or by directly contributing to the political dialogue with the expertise of our own advocacy experts.
PROCESS TO ENSURE CONSISTENCY
WACKER's corporate departments Governmental Relations, Sustainability, Environment, Communication, Procurement & Logistics and Corporate Development work together closely with the business divisions to ensure consistent external communication which is in-line with our WACKER climate strategy. Corporate positions are discussed on a working level before they are presented to the Sustainability Council, where senior representatives of all relevant business divisions and aforementioned corporate departments are present. Climate issues are company-wide steered by the Corporate Sustainability Department.
ACTIONS
According to our process of close collaboration of all relevant functions, inconsistencies are discovered at an early stage. If they cannot be solved at a working level, they will be escalated to a higher level, providing different options to solve the inconsistencies.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]WACKER maintains an active, open and transparent dialogue with political decision-makers, representatives of trade unions, associations and non-governmental organisations. The aim is to help constructively and transparently shape the political framework for our business activities in a highly and complexly regulated environment. We do this, for example, through industry associations, cross-industry business alliances or by directly contributing to the political dialogue with the expertise of our own advocacy experts.