Dear shareholders and business partners,
The idea of sustainability is increasingly pervading public discourse, but that is not all. Around the world, governments, politicians, businesses and large swathes of the population are reassessing their own influence on the environment and society. At least since climate change has become a palpable reality for many people, responsibility for our future has ceased to be an abstract concept governed by delegates at far-away summits. Sustainability is likewise being addressed at various levels at First Sensor. In this CSR report we will again disclose the aspects that are of particular significance within our company. The term CSR, i.e. corporate social responsibility, encompasses more than environmental protection measures. It is rather a question of acting in a sustainable manner and taking responsibility for our company’s impact on society. In view of this, our CSR activities are oriented toward a long-term contribution rather than short-term effects.
We prioritize the issues on the basis of a materiality analysis. To this end, we asked our internal and external stakeholders, i.e. employees, managers and works council, but also customers and suppliers, partners and the general public, what issues they considered important in relation to First Sensor. We augmented this survey with an additional question: What issue, having an effect on the company itself or caused by the company, would have the greatest impact? This enabled us to identify the really relevant issues and thus to concentrate on them, both with regard to measures and targets and with regard to reporting.
When preparing this report for the period from January 1 to December 31, 2019, we were once again guided by the format of the German Sustainability Code. However, as in the previous year, we also worked within the framework of the GRI standard; some references in the text therefore refer to this. The CSR report by First Sensor is published together with the Annual Report 2019. Nevertheless, it is conceived as a self-contained report, which makes no reference to passages of the annual report. On the one hand, this complies with the format of the German Sustainability Code and, on the other, it makes the report coherent for readers.The First Sensor CSR Team
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