We live in an environment with limited natural and social resources. It is therefore important to adapt business practices to manage the use of resources efficiently. Wolters Kluwer's business operations make use of natural and social resources. Our own operations and those of our customers and suppliers impact the environment around us.
Ambitions and Strategy
With its focus on innovation, Wolters Kluwer intends to increase the efficiency of its customers and reduce their use of natural resources. We keep close track of the natural resources used in our own operations and are exploring different ways to reduce our environmental footprint. The resources with the largest impact are:
- Energy and Emissions Operations;
- Paper Use and Responsible Paper Use;
- Energy Usage of Digital Products and Services.
Our solutions help organizations, including our own, transition to a non-paper based way of administration, communication, and information consumption. Our customers understand the benefits of our solutions through their productivity increases and their reduction of paper use.
Wolters Kluwer also takes a critical look at the impact of the activities of its business partners. We require that all our material suppliers adhere to local laws and regulations, including the articles of the United Nations Universal Declaration of Human Rights, the core standards of the International Labor Organization and the principles of the United Nations Global Compact. Our Standards of Engagement represent amongst others, our commitment to social aspects of sustainability.
Our review of suppliers is based on the following criteria:
- The importance of a supplier for Wolters Kluwer;
- The importance of Wolters Kluwer to the supplier;
- The capacity of a supplier to work on social and environmental issues;
- The capacity of Wolters Kluwer to engage with a supplier on these issues.
Policy and Targets
Wolters Kluwer's operations
Our environmental policy applies to all Wolters Kluwer companies and business units worldwide. Key points are:
- Waste treatment and recycling;
- Incorporating environmental considerations into core business plans and management practices;
- Promoting alternatives to business travel, such as teleconferencing, videoconferencing, and presentations via internet.
- 90% of our printed media and office paper will be certified FSC, PEFC, SFI, EU Ecolabel, Nordic Swan or Blauer Engel by 2017
In 2014, we have set the following targets for the future:
- As of 2015 100% of new or renewed engagements with material suppliers that are centrally managed by our Global Procurement department, will include the Standards of Engagement or an equivalent standard; and
- By the end of 2017, all material suppliers from high-risk countries that are centrally managed by our Global Procurement department to be certified or audited by a credible sustainability standard