SWEP sustainability report 2019

An inclusive workplace with opportunities to grow Development and equality

provides education and training throughout our global organization. Its purpose is to ensure the development of business-critical competences. In 2019, the Academy delivered courses in leadership development, sales development, global business, product & application training, and finance for non-finance employees. We value outstanding skills and talent at SWEP, so we ensure that key competencies within the organization are recognized and developed, which helps support growth initiatives and succession-planning in critical positions. Our HR information system is an effective recruiting tool in this regard, providing visibility of candidates, simplifying administration and streamlining both internal and external recruitments through a well-structured process. Everybody at SWEP also gets access to all vacancies within our parent company, Dover. Internal career paths

C We offer an inclusive, diverse, collaborative and fair workplace, where everybody can access the opportunities they deserve. Not only does this motivate our current employees, it attracts new talent and brings value to our – and our customers’ – business. The working culture at SWEP is – in addition to the meaningful solutions that we develop – a key reason why people want to work here. The collaborative entrepreneurial spirit at the heart of SWEP is something that attracts and retains employees, but we understand that we can do more. In line with the UN’s Sustainable Development Goals, we are giving particular attention to two areas: personal development and education, and gender equality. To support professional development SWEP provides employees with learning opportunities to sharpen job skills, prepare them for the next step in their career, and cross-train to gain flexibility and learn about other parts of the company. Throughout SWEP, we promote a 70-20-10 model for learning and development, whereby 70% of learning occurs experientially through working with new scenarios, 20% occurs through social engagement with peers, and 10% occurs through structured training and courses. Within this framework we encourage our employees to challenge themselves in their daily work, while still retaining time for more formal learning opportunities. Promoting education A A D P E

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Links to academia

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SWEP regularly subsidize employees who want to pursue higher education. Good relations with schools, colleges and universities also allow us to provide learning opportunities for students through internships, visits and collaboration on projects.

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Our commitment to gender equality

SWEP and most of our customers operate in industries that are male dominated. As of 2019, we employ 284 women and 750 men, with a considerably higher ratio of men within production. However, delivering equality of opportunity to employees and potential employees regardless of their gender, race, religion or sexual preference is a central part of our business strategy.

A learning organization

In addition to local initiatives, the SWEP Academy

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SWEP SUSTAINABILITY REPORT 2019