Social matters

Achieving great things together

Vossloh maintains an ongoing dialog with its internal and external stakeholders. In doing so, it is important for the Company to address the individual groups directly and take their interests into account. The following table provides an overview of the issues involved in the stakeholder dialog along with the dialog formats Vossloh uses:

StakeholderTopicsDialog formats
Customers
  • (New) Vossloh products and services
  • Product and service quality
  • Customized solutions for the respective task
  • Quick response to inquiries, as well as order handling and logistics
  • Regular customer talks
  • Publications (printed and digital)
  • Participation in trade fairs
  • Events for/with customers
  • Integration of customers into the system by means of EDI (Electronic Data Interchange)
Capital market participants
  • Development of the Company’s value
  • Current business development
  • Strategic alignment of the Company
  • Corporate governance as per the relevant rules
  • Commitment to sustainability
  • Financial reporting
  • Annual General Meeting
  • Investor conferences
  • Conference calls
  • Roadshows
  • Capital markets days
  • Website
Employees
  • Employment contract regulations
  • Company agreements
  • Internal communication
  • Dialog with the executive level
  • Opportunity for further training
  • Promotion of junior employees

  • Regular performance reviews
  • Employee magazine “inmotion”
  • Employee surveys
  • Exchange forums and project teams reaching
    across national borders, hierarchies and divisions
  • Vossloh Learning Platform
  • LEAD! development program
Suppliers
  • New/alternative materials
  • Framework conditions for supplier agreements
  • Communication of scope of supply specifications
  • Regular supplier meetings
  • Participation in trade fairs
Media/trade press
  • External portrayal of the Company
  • Reports on industry-specific topics
  • Information about interesting projects
  • Press releases
  • Website
  • Social media presence
  • Publications in journals
  • Participation in trade fairs
Science
  • Dialog between scientific institutions and the industry
  • Reports on research work

  • Collaboration to solve specific tasks
  • Expert involvement in research projects
  • Publications in journals
  • Promotion of science (awards, supporting work for dissertations, etc.)
Associations
  • Active participation in industry-wide dialog
  • Involvement in the work of associations
  • Information about the underlying conditions and regulations in markets
  • Involvement in the designing of events, conferences, etc. of associations
  • Involvement in association bodies
  • Participation in trade fairs
  • Involvement in standardization committees
  • Involvement in market studies

CSR

Individual companies traditionally support civic society at their respective locations in a variety of ways, including by making donations of cash and in kind – for example, to associations or hospitals. They also release employees for voluntary work in the public interest (for example, in fire departments or local councils, or for work in associations). Numerous Vossloh employees also volunteer in their local communities in their spare time. The Lifecycle Solutions division uses funds that can be donated to charitable organizations to promote increased participation in social, athletic, cultural or environmental areas by its employees. At Austrak in Australia, employees have a paid absence day which they can use to work for a charity organization of their choice.

Additionally, Vossloh’s research and development departments in particular collaborate with a number of universities and research institutes at varying levels and in various constellations, including in Germany, France, Sweden, China, Australia and the USA.