WindarPhotonics AnnualReport 2018 All - Flipbook - Page 30
3
Principal 3 : Take into account
wider stakeholder and social
responsibilities and their
implications for long-term success
Long-term success relies upon good relations with a range of different
stakeholder Groups both internal (workforce) and external (suppliers,
customers, regulators and others). The board needs to identify the Group’s
stakeholders and understand their needs, interests and expectations.
Where matters that relate to the Group’s impact on society, the communities
within which it operates or the environment have the potential to affect the
Group’s ability to deliver shareholder value over the medium to long-term,
then those matters must be integrated into the Group’s strategy and business
model.
Feedback is an essential part of all control mechanisms. Systems need to be
in place to solicit, consider and act on feedback from all stakeholder groups.
Windar Photonics is committed to sustainability and progress in all aspects of the business – the
environment, customers, suppliers and the communities it operates in.
This is evidenced and underpinned by the group’s vision and values:
1.
2.
3.
4.
5.
Customers - Grow profitable sales
Quality – Operational excellence
Environment – Community
Innovation - Excellent product design
Team Work – Engage our people
Sustainability is essentially the foundation of Windar Photonics, as the Group’s overall business is
to provide the market a commercially viable mean of enhancing the production and effectiveness
of renewable wind energy assets, which in turn contributes to increasing the economic viability
and sustainability of the renewable energy sector. Windar Photonics is, via its global dealership,
servicing several countries in the APAC region with newly developed renewable energy sectors,
where Windar Photonics’ products can contribute to increase the competitiveness of the emerging
wind energy sector.
Windar Photonics is a SME based in the United Kingdom and Denmark, and the Group conforms
to the local laws and standards for social responsibilities in relation to the Group’s employees.
Windar Photonics encourages an open dialogue with its employees, and conducts employee
opinion surveys, and individual employee consultations, to get employees’ feedback on all aspects
of employment with Windar Photonics. Furthermore, employee representatives meet in forums to
discuss business related issues.
Windar Photonics encourages feedback from its customers through trade account managers and
direct engagement with individual customers via customer service teams and social media
communication, such as LinkedIn.
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Windar Photonics - Annual Report and Accounts 2018