Environmental

Introduction

Our approach to environmental impact focuses on reducing our energy consumption, carbon emissions and water use, as well as working to adhere to the UN’s Sustainable Development Goals (SDGs). Explore our various sustainability strategies in our sustainability report and official environmental policy.

 

Communities

Communities

SDGs

We encourage our people and operations to have a local strategy in place to help them make positive contributions to their communities.

 

Product Safety

Product Safety

Our product safety processes ensure our products are consistently reliable and comply with all applicable customer, industry, legal and government regulatory requirements. The majority of our manufacturing locations are also IATF 19649 certified.

 

Our Customer Safety or Critical Concern Process (CSCC) provides clear direction for concerns that could be classified as safety or critical in nature and that could impact the performance of saleable products.

To keep product safety a top priority, we provide continuous training to staff, from initial induction processes to annual roadshow events.

In the event that we come across a performance concern, internally or externally, our teams initiate the CSCC process – triggering a structured approach to analyse, classify and communicate the issue. Potential critical or safety concerns are automatically logged, escalated and monitored via our portal by senior staff members working with team members on appropriate resolutions of the issue.

We use what we learn from each safety or critical concern event to drive product and process improvements across the organisation.

For example, corrective actions are cascaded across similar products and manufacturing lines to prevent future issues with product guidelines updated for reference during advanced product quality planning (APQP) team design reviews.

We also conduct regular, on-site Safety, Regulatory and Functional (SRF) audits to verify that production practices are as safe and responsible as possible.

Social – Occupational Health and Safety

Social – Human Capital

Human Capital

How we manage human resources, including risks related to scarcity of skilled labour through retention, recruitment and training programmes. We also handle labour relation issues, including freedom of association and non-discrimination, as well as working hours and minimum wages.

Career Development

Career development is built into human resources at TI Fluid Systems. Our people are considered for employment, training, career development and promotion on the basis of their abilities and aptitudes, regardless of age, gender, sexual orientation, religion or ethnic origin. 

We’re continuing to evaluate and improve our human capital approach through our global safety and diversity programs.

Based on our team’s insights about work-life balance, we implemented a company-wide hybrid work model that gives employees the chance to work from home 40% of the time.

We have several initiatives in place to support our employees’ physical and mental health. These include a Global Employee Assistance Programme across all countries which provides a resources for our employees emotional and mental health, a robust health and safety programme ensuring our workplaces are safe, a feedback loop with employees through skip level meetings, employee engagement surveys and a hotline for employees to address potential issues they might have in their location.

 

Social – Human Rights

Human Rights

Our Ambition

The foundation of our Human Rights policy is respect for the fundamental and essential human rights of our employees, customers, suppliers and other stakeholders.

 

This Human Rights policy serves as a supplement to our Code of Business Conduct, working to eliminate or reduce the risk of human rights violations in all areas of our business across all global locations. We recognise the diverse racial, social and economic conditions where we operate and seek to uniformly apply our Human Rights policy and Code of Business Conduct in all locations.

We seek to maintain the highest standards and values across all locations while fully complying with any location-specific human rights regulations in the jurisdictions we operate in.

We are signing the UN Global Compact.

Doing business ethically is a huge priority for us – our Human Rights policy, Code of Business Conduct and annual Modern Slavery Statement reflect this commitment.

We take the protection of human rights seriously and have zero tolerance for the use of slave and child labour.

Health and Safety

Safety

Our ISO 45001 Occupational Health and Safety Management System reduces workplace risks and creates safer working conditions.

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GLOBAL – Lost Time Injury Frequency

(Lost time incidents / hours worked) x 1m hours

The health and safety of our employees is central to everything we do. We focus on safe working environments and eliminating work-related injuries and illnesses.

We report safety statistics to the Board at every meeting with breakdowns per plant, including all potentially life-threatening incidents and lost time injury frequency (‘LTIF’) for the organisation as a whole.

Our Corporate Safety Steering Committee is responsible for providing the architecture and direction for the Group’s safety-related programmes, determining our safety KPIs and objectives and helping to facilitate the implementation of our safety strategy.

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At a local level, each plant has a safety committee that oversees hazard identification and assessments, accident investigations, safety audits, safety training, and recommends personnel protective equipment.

Social – Diversity and Inclusion

Diversity and Inclusion

SDGs

Our strength as a globally respected company is directly tied to our talented and diverse teams, management and board leadership.

 

 

We recognise the importance of creating a culture that values and respects every stakeholder in our company. This is reflected in our commitment to diversity and inclusion, and building teams that share our vision of a world marked by knowledge and compassion.

We conduct regular diversity and inclusion training, and promote further diversity in our organisation with a Diversity and Inclusion Committee, and a dedicated D&I advisor.

TI Fluid Systems does not discriminate on the grounds of gender, age, ethnicity, sexual orientation, religion or belief, disability, gender reassignment, marital or civil partnership status, pregnancy or maternity, race, colour, nationality, political affiliation, socio-economic or veteran status.

Social – Data Privacy and Security