Integrated Annual Report
To communicate transparently about its management, performance, challenges and Sustainability practices, WEG publishes its Integrated Annual Report annually.
The Report follows the main international methodologies and frameworks, and it is examined by an independent third party.
Materiality
The materiality process aims at helping companies identify priority sustainability topics, considering the internal and external stakeholders’ perception. In addition to being used for strategic plans, it is essential for communication aligned with the company's most relevant sustainability topics.
Attentive to the needs and expectations of its stakeholders, WEG applies its materiality process every two years.
Leadership and employee development
WEG establishes in its Code of Ethics, the incentive for the self-development of employees and that investments in training are made in a fair and strategically effective manner through the evaluation of the essential and managerial competencies of our employees. We respect diversity, not admitting discrimination, prejudice or favoritism of any kind, such as ethnicity, skin color, religion, culture, age, gender, political conviction, nationality, regionality, marital status, sexual orientation, physical and intellectual condition, among others.
In addition, as mentioned in item 7.5, we do not admit any form of moral or sexual harassment, such as insinuations, jokes, proposals or offensive physical acts. We do not accept subtle or explicit pressure to obtain favors, threats, intimidation, provocations and submission of individuals to ridicule or exclusion are also prohibited.
Training – Prevention and combating of moral and sexual harassment and other forms of workplace violence
The training on prevention and combating of moral and sexual harassment and other forms of workplace violence, intended for WEG employees in Brazil, is delivered online. This annual training, in addition to addressing the content of the Code of Ethics, equips employees to identify, prevent, and combat various forms of workplace violence, fostering an organizational culture based on respect and safety. The training content includes: What constitutes moral harassment; Behaviors that characterize moral harassment; What does not constitute moral harassment; What constitutes sexual harassment; Behaviors that characterize sexual harassment; What does not constitute sexual harassment; Ableism; Racism; Gender bias; Sexual orientation bias; Code of Ethics; Whistleblowing Channel.
Training – Awareness on the Prevention of Forced, Slave and Child Labor
WEG promotes an awareness training program aimed at managers worldwide, with the objective of enhancing understanding of forced, slave and child labor. The training covers theoretical and legal aspects, as well as prevention practices and awareness mechanisms that reinforce the Company’s established initiatives to ensure ethical and responsible working environments. The content includes concepts and definitions, up-to-date data on the topic, risk indicators, the role and impacts of companies in relation to forced labor, as well as WEG’s commitments and actions. Throughout the year, the training recorded 1,278 participants.
