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Fact Base

Strategy and Integrity

1.1 Our Profile

    Key Economic Figures

    Key Economic Figures

    GRI

    in € million

    FY 2015/16

    FY 2014/15

    FY 2013/14

    G4-9; G4-EC1

    Revenues

    4 252

    4 302

    4 168

    Operating result before non-recurring items

    275

    270

    235

    Income before taxes

    140

    -23

    54

    Excluding the discontinued Group Division Voith Industrial Services; previous year’s value adjusted

    Direct Economic Value Generated and Distributed

    GRI in € million  FY 2015/16  FY 2014/15 FY 2013/14
    G4-9; G4-EC1

     

    Direct economic value generated (= revenues) 4 252 4 302 4 168
    Economic value distributed      
    Operating costs 2 863 2 840 2 537
    Employee wages and benefits 1 401 1 434 1 424
    Payments to providers of capital 89 73 106
    Payments to government 51 48 59
    Community investments n.d. n.d. n.d.  
    Economic value retained 29 -93 41  

    Expenditures for Employees

    GRI in € million  FY 2015/16  FY 2014/15  FY 2013/14
    G4-EC1 Wages and salaries 1 155 1 188 1 170
    Social security contributions, retirement pensions, and assistance 247 246

    254

    Business Area Portraits

    GRI in € million  FY 2015/16  FY 2014/15  FY 2013/14

    G4-4; G4-EC1

    Revenues

         
    Voith Hydro 1 388 1 313 1 313
    Voith Turbo 1 397 1 470 1 409
    Voith Paper

    1 456

    1 506

    1 430

    Voith Digital Solutions*

    -

    -

    -

    Profit from operations      
    Voith Hydro

    105

    101

    101

    Voith Turbo

    144

    91

    111

    Voith Paper

    76

    58

    9

    Voith Digital Solutions*

    -

    -

    -

    *Under development. Not yet an independent segment

    Taxes Paid by Region

    GRI in € thousand  FY 2015/16  FY 2014/15  FY 2013/14
    G4-EC1 Germany 34 561 40 478 29 892
    Europe excluding Germany 10 108 12 904 18 695
    Americas

    17 302

    21 766

    15 190

     
    Asia

    17 337

    16 457

    18 035

    Other

    1 417

    1 774

    2 696

    Total

    80 725

    93 379

    84 508

    International Focus

    Locations by Regional Distribution

    GRI  
    G4-6 Locations overview  

    Sales Markets

    GRI in %  FY 2015/16  FY 2014/15  FY 2013/14
    G4-8 Germany 12 11 11
    Europe excluding Germany 28 27 29
    Americas

    27

    29

    31

     
    Asia

    27

    28

    25

    Other

    6

    5

    4

    Financial Contributions

    Financial Assistance Received from Government

    GRI    
    G4-EC4 Not recorded      

    1.2 Strategy & Organization

      GRI  
        We use our reporting tools to record information on health, safety, and the environment, as well as to verify key performance indicators (KPIs) and monitor our goals on acting sustainably. To help us achieve this, we are guided by the international standards ISO 14001 and OHSAS 18001. In 2003 we set out binding Group-wide environmental standards that apply to all value-adding process levels.). These form part of our Health, Safety, and Environment (HSE) Group Directive.  

      EBM Data Recording

      GRI  
        We review our progress towards achieving all of our EBM (Ecological Business Management) measures through our integrated process of monitoring of measures and KPIs, something our Corporate Board of Management is also involved in as part of our quarterly reporting.  

      Certifications

      Existing Voith Location Certifications

      GRI Number  FY 2015/16  FY 2014/15  FY 2013/14




       
      ISO 14001 58 58 58
      ISO 9001 69 68 70
      OHSAS 18001

      60

      60

      60

      Degree of Coverage based on Employees (in %)        
      ISO 14001 70.0 70.0

      72.8

       
      ISO 9001 75.6 74.4 82.3  
      OHSAS 18001 71.4 71.1 76.5  
      GRI  
      G4-16

      German Engineering Federation (VDMA) membership: Specialist area of hydropower and paper technology

      Voith association activities by substantial membership contributions:

      • VDMA – Verband Deutscher Maschinen- und Anlagenbauer e.V. (German Engineering Federation)
      • SWM – Südwestmetall Verband der Metall- und Elektroindustrie Baden-Württemberg e. V. (The Baden-Wuerttemberg Employers’ Association of the Metal and Electrical Industries)
      • FVA – Forschungsvereinigung Antriebstechnik e.V. (Research Association for Power Transmission Engineering)
      • Förderkreis der Deutschen Industrie e.V. (Society for the Advancement of German Industry)
      • DIN – Deutsches Institut für Normung e.V. (German Standards Institute)
      • MAI Carbon Cluster Management GmbH
      • IHA – International Hydropower Association
      • VDB – Verband der Bahnindustrie in Deutschland e.V. (German Railway Industry Association)
      • Paper Machine Clothing Association
      • UNIFE – Union des Industries Ferroviaires Européennes (Union of the European Railway Industries)

      Dialog with policy makers:

      Since February 2014 Dr. Lienhard has held the position of Chairman of the Asia-Pacific Committee of German Business.

       

      1.3 Values and Compliance

        External Charters and Principles

        GRI  
        G4-15

        The Voith Group’s Code of Conduct sets out clear standards, which are aligned with established external charters and principles.

         

        Compliance Training

        Compliance Training

        G4-SO4; G4-HR2 Number of employees who underwent further training Modus  FY 2015/16  FY 2014/15  FY 2013/14
        Management from the upper four levels, new managers
        at the Voith Academy, Sales, Sourcing
        1 day 241 391 580
        Decentralized training by compliance officer 1.5 hours 904 857 1 043
        Instruction by supervisor 0.5 hours 2 710 1 457 1 165
        Compliance officers 2 days 30 28 27
        Number of training sessions        
        Management from the upper four levels, new managers
        at the Voith Academy, Sales, Sourcing
        1 day 12 20 34
        Decentralized training by compliance officer 1.5 hours not recorded not recorded not recorded
        Compliance officers 2 days 2 2 2
        in %        
        Employees trained in compliance - 100 100 100
        Managers trained in compliance - 100 100 100
        GRI  
        G4-HR7

        For cost reasons, Voith appoints external safety personnel at the majority of its locations and construction sites. Voith does not train these external safety personnel on the Voith Code of Conduct.

         

        Violations of Compliance Regulations

        Compliance Helpdesk

        GRI Number  FY 2015/16  FY 2014/15  FY 2013/14
        G4-EN29; G4-EN34; G4-LA16; G4-SO7; G4-SO8, G4-HR12; G4-SO11; G4-PR2; G4-PR9 Reports via the Compliance Helpdesk (no complaints regarding suppliers) 0 0 0
        of which reported violations against environmental standards 0 0 0
        of which reported violations against social standards

        0

        0

        0

         
        The Voith Code of Conduct is an integral part of our compliance training    

         

        GRI  
        G4-57; G4-58
        •  Compliance Officer
        •  GD Compliance Officer
        •  Compliance Committee
        •  Corporate Board of Management
        •  Supervisory Board
         

        1.4 Responsibility for Society

          Donations and Sponsorships

          Donations and Sponsorships

          GRI in € million  FY 2015/16  FY 2014/15  FY 2013/14
          G4-EC1 Voith Group 1.99 2.80 1.84
          of which donations

          0.80

          0.87 0.51
          of which sponsorships

          1.19

          1.93

          1.33

          Fundação Voith* 0.06 0.01 0.03  
          Total 1.99 2.80

          1.84

           
          Hanns Voith Foundation** 1.64 0.43 0.48  

          *Included in consolidated expenses
          **Fiscal year is the calendar year

          Sponsorship Aid by Project

          GRI in %  FY 2015/16  FY 2014/15  FY 2013/14
          G4-EC1 Education 29.1 26.4 21.0
          Social affairs

          7.7

          4.9 8.0
          Sport 56.6 64.9

          62.6

          Culture 7.0 3.8 8.4  
          in € million    

           

           
          Total 1.99 2.80 1.84  

          Sponsorship Aid by Region

          GRI in %  FY 2015/16  FY 2014/15  FY 2013/14
          G4-EC1 Germany 86.1 91.2 86.2
          Europe excluding Germany

          1.7

          2.0 3.5
          Americas 6.6 3.2

          6.7

          Asia 4.3 2.2 2.4  
          Other

          1.3

          1.3

          1.2

           
          in € million    

           

           
          Total 1.99 2.80 1.84  

          Contributions to Political Actors

          Contributions to Political Actors

          GRI in € thousand  FY 2015/16  FY 2014/15  FY 2013/14
          G4-SO6 Germany 80 0 0
          Europe excluding Germany

          0

          0 0
          Americas 0 0

          0

          Asia 0 0 0  
          Other

          0

          0

          0

           
          Total 80 0 0  

          Special Vocational College Hanns Voith

          GRI  
           

          The aim of the institution is to support special-needs youngsters in their development, to encourage them personally, and thus open up opportunities for training placements or work. The model is a success story: Over 90 percent of students are taken on after one year of vocational preparation, with over 80 percent of them going into a training scheme.

           

          business@school Training Initiative

          GRI  
           

          In the 2015/16 fiscal year 16 Voith employees volunteered their services once again to support the initiative, providing the necessary practical link through their knowledge and experience. They supervised around 50 students in six groups at three Heidenheim high schools.

           

          University Engagement and Foundation Professorships

          GRI  
           

          At university level, we support young talents at the universities of Aalen, Dresden, Stuttgart, and Ulm as part of the German Deutschlandstipendien scholarship scheme. In the reporting year we invested €23,400 in this area. Additionally, we provide endowments for professorships at several German universities. By doing so, we aim to contribute – without influencing the research content or teaching practices – to the training of new academic talent and promote research in scientific areas relevant to Voith. Our long-standing cooperation with schools and universities has also proven its worth in Europe, the US, India, China, and Brazil. Our assistance in this area includes support for the Formare project of Fundação Iochpe, the Educational Freedom project of Recreatur Resgatur, and collaboration with Escola Estadual Conjunto Habitacional Voith and Friedrich von Voith School in São Paulo, Brazil.

           
          GRI  
           

          Our long-standing cooperation with schools and universities has also proven its worth in Europe, the US, India, China, and Brazil. Our assistance in this area includes support for the Formare project of Fundação Iochpe, the Educational Freedom project of Recreatur Resgatur, and collaboration with Escola Estadual Conjunto Habitacional Voith and Friedrich von Voith School in São Paulo, Brazil.

           

          International Social Projects

          GRI  
           

          In India we supported a number of social projects in the reporting period. These included Bharat Sevashram Sangha, Prime Minister’s National Relief Fund, and Pranab Kanya Sangha (€13,500 each), Prayas Social Welfare Society and Shirdi Sai Baba Temple Society (€6,750 each).

           
          GRI  
           

          Inspired by the initiative of one of our employees and his wife, who have now supported the project for six years, numerous Voith colleagues are now actively engaged in the project – from the Heidenheim Voith training workshop, Voith apprentices, through Gastro Voith, Voith Turbo Crailsheim, to the Hanns Voith Foundation. A training workshop with a new school building is currently being built as part of the project. The foundation stone was laid at the end of October 2016 together with Nepal’s Minister for Industry, Nabindra raj Jooshi, and German ambassador Mathias Meyer.

           

          Get in touch with us

            Sustainability

            Ulrich Weisse

            Voith GmbH & Co. KGaA

             

            Products & Supply Chain

            Voith GmbH & Co. KGaA

            Corporate Sustainability

             

            Employees

            Ilonka Nußbaumer

            Voith GmbH & Co. KGaA

             

            Corporate Citizenship

            Joerg Kondring

            Voith GmbH & Co. KGaA

             

            Hanns-Voith-Foundation

            Meinrad Schad

            Hanns Voith Foundation

             

            t Tel.: +49 7321 37-2227

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