We care for the environment and the people!

Corporate Social Responsibility refers to the voluntary actions taken by a company to improve society in addition to fulfilling its business goals. It encompasses a wide range of initiatives and activities and is becoming increasingly important to consumers and stakeholders, as they expect companies to not only make a profit, but also to have a positive impact.

Carroll’s Pyramid of Corporate Social Responsibility is a framework that outlines the four key responsibilities DICOTA has to its stakeholders; economic, legal, ethical and philanthropic responsibility.

	Economic responsibility refers to the obligation to be profitable and create economic value for stakeholders. DICOTA has a consistent and well thought-out expansion strategy, which has and will result in the company constantly entering new markets around the world. It is owner-managed by a team of three people with over 58 years of combined experience in the company and the focus on not only quantitative but also qualitative growth.
	Legal responsibility refers to a company’s obligation to follow the law and comply to regulations. The decision to be headquartered in Switzerland was a well-considered one. The stable political and economic situation, a very low level of corruption, a stable currency and the support of innovation and education has led to this decision. In return, DICOTA pays taxes on all its operations and creates new and secure jobs in the regions which it operates in.
	Ethical responsibility refers to a company’s obligation to act in an honest and moral manner. This includes treating employees fairly, avoiding exploitation and discrimination, and acting in an environmentally responsible manner. As a part of amfori, DICOTA has voluntarily decided to follow the eleven-point charter called “Code of Conduct” and is therefore strongly committed to improving working conditions in global supply chains.
	Philanthropic responsibility refers to a company’s obligation to give back to society. DICOTA not only gives something back to the nature by planting a tree for every pre-registration on the CLUB but also supports the non-profit organisation Labdoo by collecting used laptops and donating an extra 25 euros for each one. bhz Stuttgart e.V. is committed to the participation of people with disabilities in the areas of work, life and leisure. DICOTA has supported them with a donation for the purchase of professional sewing machines.

Today and tomorrow

Corporate social responsibility is a long-term project that requires consistent effort and commitment. It is not something that can be solved within a few weeks or months of effort, but rather a continual process of improvement and refinement. DICOTA will engage in ongoing dialogue with stakeholders to implement appropriate strategies and address concerns. By prioritizing corporate social responsibility, DICOTA will be able to create long-term value for their stakeholders, as well as contribute to a more responsible and equitable future.

March 6, 2023 | View: 923