Governance: Values in Action
At CELO, integrity, transparency, and responsible governance are the foundation of our long-term success and resilience.
The “Values in Action” pillar of our ESG strategy ensures that our practices not only meet industry standards but also drive continuous improvement and build lasting trust with our stakeholders worldwide.
At CELO, integrity, transparency, and responsible governance are the foundation of our long-term success and resilience.
The “Values in Action” pillar of our ESG strategy ensures that our practices not only meet industry standards but also drive continuous improvement and build lasting trust with our stakeholders worldwide.
Key Achievements
- Established a clear governance structure with ultimate ESG oversight at the Corporate Board and targeted implementation by the ESG Committee.
- Group-wide anti-corruption and anti-bribery policies with secure whistleblowing channels and protection for those reporting irregularities.
- Established a Quality Manual and Purchasing & Subcontracting Policy to guide the selection and evaluation of suppliers.
- 90% of certified suppliers.
- Integrated internal communication system ensures accessibility of governance information for all employees.
- Routine supplier audits and transparent reporting across Europe, Asia, and America.
Roadmap
Transparent ESG Communication to stakeholders (by Q1 2026):
Regular external ESG reporting keeps stakeholders informed about our strategy and progress towards recognized KPIs, enhancing accountability. Performance is evaluated via global platforms such as EcoVadis for objective benchmarking within our industry.
KPIs:
• EcoVadis score and rating
Standardize Internal ESG Management systems and KPIs (by Q4 2026):
A quarterly internal reporting model and a standardized evaluation system for suppliers ensure consistent monitoring of ESG performance. Annual consolidation of management KPIs drives informed strategy and stakeholder communication.
KPIs:
• Percentage of suppliers evaluated
• Communication and achievement of ESG KPIs
Review and Strengthen Governance and Compliance Model (by Q4 2026):
The ESG Action Plan will be revised by the end of 2026. We will formalize general governance and compliance policies and ESG Codes of Conduct at the Group level, including a response plan that outlines procedures for addressing and rectifying policy violations.
KPIs:
• Percentage of employees confirming acceptance of compliance and governance policies
Why Governance Matters at CELO
Good governance is more than compliance—it is about building a sustainable business that earns trust from customers, investors, employees, and communities. Through proactive policies and vigilant monitoring, CELO mitigates financial and reputational risk, seizes new opportunities, and maintains its position as a reliable, innovative partner in the fastener industry.
At CELO, “Values in Action” means ethical leadership, transparency in reporting, and continuous improvement across our operations. Our commitment to governance propels us forward, ensuring solid foundations for every product, partnership, and initiative.
If you have any questions about our governance initiatives, contact our ESG team at: esg@celo.com
