Strategy

Strategy

Sustainability is a vital component of our Group strategy. Linde combines long-term economic added value with ecological and social responsibility. We want to apply the fundamental principle of sustainability to an even greater extent to drive our business operations. We are constantly analysing how our products help our customers develop more sustainable processes: e.g. through increased energy efficiency or reduced emissions. We behave responsibly towards people and the environment and conserve natural resources. By doing so, we comply with our foundational principle of sustainability, one of four principles underlying the Linde Spirit. The Linde Spirit describes the values of our Group and applies to all our employees around the world. The activities for sustainable development which we pursue are based on established principles:

  • Focus on our core business: When developing our sustainability measures, we consider our main business processes and the entire life-cycle of our products.
  • Continuous improvement: We continually analyse how sustainability enables us to exploit business opportunities and minimise risks for the Group. We use key corporate responsibility indicators to measure our sustainability performance and compare the results around the world.
  • Engagement with stakeholders: We adapt our corporate responsibility activities to reflect the needs of our stakeholders.
  • Transparency: We report regularly and publicly on the progress we have made in our focus areas.

Responsibility for sustainability

The Executive Board of Linde AG makes decisions about the key issues relating to sustainable development. In 2015, those decisions included setting a new climate protection target and setting more detailed targets for the proportion of women in management positions. Experts from within the Group advise on key strategic elements of sustainability and prepare decision criteria for the Executive Board. These experts include the heads of the following Corporate & Support Functions: Corporate Communications & Investor Relations, Group Human Resources, Group Legal & Compliance, Corporate Internal Audit and SHEQ. Our departments and business units implement the guidelines and devise tailor-made measures for different sectors and regions. The Corporate Responsibility department coordinates the implementation of initiatives in consultation with the departments and those employees in the regions responsible for the topics. It is also the key point of contact for stakeholders.