Gigaset AG
General | General InformationGeneral Information
Company name | Gigaset AG |
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Company website | https://www.gst-ag.de/ | |
Number of employees | 500 - 4.999 | |
Reporting year | 2017 | |
Indicator set | GRI 4 | |
Directly affected by the disclosure of non-financial and diversity information | Yes and check compliance statement with CSR reporting obligation | |
Contact |
Gigaset AG
c/o Gigaset Communications GmbH Senior Environmental & Sustainability Manager Thomas Schaffeld & Theresa Ruppach Frankenstraße 2 46395 Bocholt Germany 02871-91 0 sustainability@gigaset.com |
Describe your business model (including type of company, products / services)
Gigaset AG, Munich, is an internationally active company in the field of communications technology. The company is Europe’s market leader for DECT telephones. The main production facility for DECT telephones is located in Bocholt in Germany. The operating business is mainly conducted by Gigaset Communications GmbH, a wholly-owned subsidiary of Gigaset AG, in Bocholt. The premium vendor with more than 800 employees and sales activities in about 70 countries of the world also holds a leading worldwide position. The company continues to develop and market innovative business telephony solutions for small and medium-sized enterprises under the Gigaset pro brand name. The company is also active in the segment of smart home products and solutions. It develops and markets forward-looking, cloud-based products and solutions for smart living under the ‘Gigaset elements’ brand name. The company also sells smart phones.
Gigaset AG is listed in the Prime Standard segment of the German Stock Exchange and is therefore required to observe the highest transparency requirements. The company’s shares are traded on the Frankfurt Stock Exchange under the symbol GGS (ISIN: DE0005156004).
In accordance with Section 315b para. 1 in conjunction with para. 3 HGB (German Commercial Code), Gigaset AG is exempt from the requirement to include a non-financial declaration in its Group management report because the company prepared a separate non-financial Group report for the 2017 reporting year outside of the management report. In accordance with Section 315b para. 3 HGB in conjunction with Section 289d HGB, Gigaset AG hereby declares that it applies the German Sustainability Code as a recognized framework for the preparation of the non-financial Group report.
Additional remarks:
Sustainable activity is especially important for Gigaset AG and its subsidiaries, especially Gigaset Communications GmbH (referred to hereinafter as "Gigaset"). Gigaset wants to permanently assume responsibility for all its activities and pay due consideration to social concerns, employee concerns, environmental concerns, respect for human rights and combating corruption and bribery in its business activities.
To make it possible to compare itself also directly with other companies in this regard, Gigaset has been evaluated every year since 2014 by the external institution EcoVadis, most recently in the 2017 reporting year. In particular, EcoVadis evaluates environmental protection, work conditions, human rights, fair business practices and sustainable procurement, as well as ethics, particularly including combating corruption and bribery. In all these areas, EcoVadis evaluates the company’s policies, measures implemented and results achieved. Prestigious customers of Gigaset, including large telecommunications providers in Europe that attach importance to working with especially responsible suppliers with sustainable business practices place their confidence in the evaluation results of EcoVadis. Gigaset achieved the “Silver” status again in 2017, meaning that it achieves well above-average scores in the evaluated categories, also compared to other manufacturers of communications devices.