Responsibility for Sustainability performance lies in the line organisation. To support the line organisation a sustainability organization is established.
A corporate Sustainability department is responsible for the overall area, including global policies, KPI’s and requirements, and is developing and driving the implementation of global standards and training programmes. All business units have their own Sustainability function that deploys the initiatives from the corporate department as well as day-to-day tasks related to the specific regions.
To support knowledge sharing and cross-functional cooperation a Sustainability Forum is formed.
Sustainability leads in all units are expected to participate on a monthly basis.
Board Committees
Vestas Board committees are overseeing Vestas’ focus on sustainability. Two out of four discuss sustainability issues at their meetings.
The board committees that touch upon Sustainability issues are named Audit and Manufacturing & Excellence.
Audit Committee
The Audit Committee assists the Board in assessments and controls relating to auditing, accounting policies, systems of internal controls, financial reporting, and procedures for handling complaints regarding accounting and auditing and the need for an internal audit function. The cases filed in Vestas whistle blower system, Vestas Ethics Line, are reported here.
In 2011 it was decided that business ethics and anticorruption is also a task for the Audit Committee to discuss. The Audit Committee monitors the development and implementation of Vestas' ethics and anti-corruption program pursuant to Vestas' Code of Conduct and the World Economic Forum Partnering Against Corruption Initiative (PACI).
The purpose is also to evaluate the adequacy and effectiveness of Vestas' ethics and anti-corruption programme and to demonstrate visible and active commitment to the implementation.
In 2011, the committee held 4 meetings.
Manufacturing & Excellence Committee
The Manufacturing & Excellence Committee supports the Board in the evaluation of technical matters concerning the Supply Chain. The committee also supports the Board in matters concerning production.
In spring 2011, Sustainability was added to the charter as a new section and the committee received a general introduction to Sustainability at Vestas. In 2012 the focus will be narrowed down to specific areas within Sustainability.
In 2011, the committee held 6 meetings.
