Social Responsibilities
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Responsible Operations
The starting points for responsible operations within EB are the company's vision, purpose, values, and guiding principles . EB bears its responsibilities as a part of society wherever it operates. Because the success of a business is essentially based on the success of the surrounding society, EB is involved in the development of society in an appropriate role and task. Among other things, social responsibility is based on the principles of the EB Industry Code of Conduct, Global Reporting Initiative and the SA8000 electronics industry standard.
Interaction with Interest Groups
The crucial task of a business is to provide financial well being for its interest groups. At best, businesses and the public sector pursue common good by open co-operation based on partnership and mutual respect.
The customer is the most important external interest group. One of the starting points for operational development in EB is the development of customer satisfaction. We measure customer satisfaction in projects by means of customer surveys. Feedback received from customers has been taken into account in the company's development operations.
Social Responsibility, Investments in Training and Competence Development
EB wants to have a reputation for top know-how and hard-working, motivated personnel. This can be achieved by creating the prerequisites for self-development, offering modern tools for our experts, and strengthening the core competencies in a planned way.
Top results are expected from our personnel. At the same time, we care for and support the development of comprehensive life management for everyone. We also co-operate with local universities and educational institutions in different parts of the world. At its best, involvement in joint development projects will improve both global and local co-operation, as well as the competence of employees.
Job satisfaction is measured annually by means of the EB Spirit personnel survey. The results of the survey are analyzed in workgroups. Annual performance appraisal discussions serve as one of the starting points for competence development as well. We also develop our compensation systems to observe global and local requirements.
Environmental Responsibility
Environmental responsibility derives from EB's guiding principles for operation and the applied principles of sustainable development. The environmental management system supports the realization of environmental responsibility and is a part of our management system.
The fundamental principles to be observed have included corporate citizenship in line with our values, as well as monitoring laws and regulations. We also encourage our suppliers and partners to implement environmental management systems.
The Corporation's environmental management system was certified in accordance with ISO14001 in March 2004, mainly covering production based companies. The first environmental certificate was awarded in 1999.
The environmental management system will be extended to cover the design operations of the subsidiaries as well. Product life-cycle management is included in the business processes as part of the delivery process. Operations in accordance with the ROHS (use of hazardous substances) and WEEE (recycling of electrical and electronic equipment) directives have been developed during 2004 and will be continued in 2005.
Financial Responsibility
The crucial task of a business is to provide financial well being for its interest groups. EB wants to grow faster than the industry. However, profitability is more important than growth. EB believes in entrepreneurship and personal responsibility for results.
Core competencies are strengthened to serve as the foundations for upcoming profitable growth. We developed our corporate and organization structure during 2004 to better respond to the challenges imposed by our customers and operations. We have also invested in the development of Corporation-wide research operations and strengthening of core competencies that cross the boundaries of business units.
EB as a Part of Society
EB supplied measurement equipment for the Cassini-Huygens probe of the European Space Agency (ESA) and the U.S. National Aeronautics and Space Administration (NASA), which has traveled for seven years and is currently orbiting Saturn. ESA has been respon-sible for the Huygens probe that landed on the surface of Titan, the largest moon of Saturn, on January 14, 2005.
