Vestas Wind Systems
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 22
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- Does the undertaking's policy concerning its own workforce explicitly address issues related to trafficking in human beings, forced labour or compulsory labour, and child labour?
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Question Id: S1-1_08
The Code expresses zero tolerance of modern slavery, child and forced labour or human trafficking. The Code also outlines how Vestas employees are expected to behave to prevent discrimination in the workplace, including harassment, as well as promoting equal opportunities and treatment.
Report Date: 4Q2024Relevance: 85%
- Does the undertaking have programs to promote access to skills development as part of its policies related to its own workforce?
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Question Id: S1-1_22
Vestas has a Learning and Development Policy that clarifies roles and responsibilities related to L&D across the organization. This policy outlines expectations for people managers, employees, and all L&D functions and activities throughout Vestas. The policy applies to all employees, all functions, and all units at Vestas. The Global Head of Talent Management, who oversees the Global Talent Management Function, is accountable for its implementation and effectiveness, with support from the Head of Global Learning & Development. Vestas prioritizes the continuous development and growth of its people to support the achievement of its strategic goals. They have established talent development programs alongside other blended learning and development opportunities to enhance the skills and competencies of all employees. The latest results of their Employee Engagement Survey (EES) highlighted that respondents feel they have strong opportunities to learn and grow at Vestas. This benefits all employees through enhanced skills, greater job satisfaction, and career progression. Collectively, this supports greater employee engagement to ensure Vestas maintains a forward-looking and adaptive organization.
Report Date: 4Q2024Relevance: 90%