The importance of company values: Supporting our people with Care | ABB

Source: ABB Group•

The importance of company values: Supporting our people with Care | ABB

Discover how ABB’s core value of Care supports employee wellbeing, strengthens company culture, and drives business performance.

WHY COMPANY VALUES MATTER?

What are corporate values?

<ul> <li>Company values shape decision-making, behaviors and actions within an organization. Company culture is often an expression of its values. Through core values, organizations can communicate their goals and help employees understand the motivators behind decisions.<sup>1</sup></li> </ul>

How do values influence financial performance?

<ul> <li>Company culture and values influence employee behavior and, in turn, impacts the success of business endeavors, as shown in research published in the International Research Journals and the Future Business Journal.<sup>2,3</sup></li> <li>Furthermore, there is a link between financial performance and the alignment of the organization’s values with the employees’ personal values, according to a report by the Barrett Values Centre.<sup>4</sup></li> <li>In contrast, the report suggests that, where there is a lack of alignment between company culture, its core values and the personal values of employees, this can result in low performance of the business.<sup>4</sup></li> </ul>

What do core values mean at ABB?

<ul> <li>At ABB, we know that our people and culture make the difference. It is our expertise that brings customers to us with their biggest challenges. With this in mind, we remain committed to our company values and how we bring them to life every day.</li> </ul>

REAL VALUES EXAMPLES FROM ABB

Discover real values examples. In one of our teams, colleagues care for each other through getting to know each other and staying connected. In another instance, our colleague shares her journey with cancer and why caring for ourselves matters.

Click “play” to learn more.

HOW WE CARE FOR OUR EMPLOYEES

Policies and Guidelines

<p>Care is embedded into our policies and guidelines where appropriate, including our Code of Conduct, Supplier Code of Conduct, Health, Safety and Environment principles, and more.</p>

Diversity and Inclusion strategy

<p>A culture of diversity and inclusion is critical to our business success and makes us stronger. We strive for a culture where individual differences are not only welcomed but celebrated.</p>

Employee Assistance Program

<p>In partnership with Workplace Options,<sup>6</sup> we developed this global program to support our employees and their families through different stages of their private and professional lives. It offers resources for counselling, life coaching, family support, emotional support, coming out, transitioning, and more.</p>

Flexible work

<p>Our flexible work practices and guidelines support colleagues to thrive in the workplace on terms that suit their individual needs.</p>

Gender-neutral parental leave

<p>Our gender-neutral parental leave program supports parents, without differentiating the gender. Our flexible work practices and guidelines also support colleagues of all genders to thrive in the workplace on terms that suit their individual needs.</p>

Accessibility and accommodations

<p>While we have accessibility and accommodations practices in place, we continue to review and make improvements both locally and globally.&nbsp; We continue to support physical site assessments, such as those previously carried out in Italy and at our HQ in Switzerland. Our global digital accessibility guidelines are aligned with WCAG 2 standards for web accessibility.<sup>7</sup></p>

DISCOVER MORE ABOUT LIFE AT ABB

The importance of company values: Supporting our people with Care

Company values shape how employees make decisions and behave. The core value of Care is a key driver of caring for ourselves, each other and our customers.

Professional Development at ABB: How Learning, Connection and Growth Enable Careers

At ABB, enabling our colleagues to grow their careers is integral. Our Learn, Connect, Grow approach fosters a culture where employees take ownership of their career development.

How ABB employees use generative AI in the workplace: Training, Tools, and Impact

This article explains how ABB employees are using AI in the workplace, specifically GenAI, and how we support them with tools, AI training, and resources.

Careers for Young Professionals: Internships, Apprenticeships & Entry-Level Roles at ABB

Explore internships, apprenticeships, scholarships, and entry-level opportunities at ABB. STEM careers, graduate programs, and global early talent initiatives.

Women in STEM and beyond: ABB’s gender diversity initiatives

We will explore how ABB is fostering gender inclusion through its policies, programs and career opportunities.

LGBTQ+ Inclusion at ABB: Celebrating Pride Month in Engineering and STEM

Explore ABB’s approach to LGBTQ+ inclusion in engineering and STEM, including allyship programs, em-ployee resource groups, workplace recognition and Pride Month celebrations.

Cultural diversity in global engineering teams: how ABB enables collaboration and innovation

At ABB, cultural diversity strengthens engagement, collaboration, performance and innovation in complex industrial environments.

The importance of company values: Curiosity as key to innovation, engagement, and success

We explore ABB’s values-driven culture. The core value of Curiosity is highlighted as a key driver of staying open minded, innovation, and going beyond.

Generations in the workplace

At ABB, we believe having multiple generations in the workplace is one of our strengths. Through a variety of initiatives, we're fostering inclusion.

The Ashesi-ETH Master's program: empowering engineers for a sustainable future

Global education partnerships strengthen engineering skills and innovation. Learn how ABB collaborates with academic institutions to build future talent.

Embracing every ability in the workplace

Our abilities are part of what makes each of us unique. People with chronic illness, disabilities, and neurodivergent conditions are valued and welcomed.

Gender-neutral parental leave supporting inclusion

We introduced a gender-neutral parental leave program to support employees, and foster an inclusive and engaging workplace.

Education: the foundation of sustainable development

Education and skills development are essential for a sustainable future. Discover how ABB supports learning initiatives for the energy and industrial transition.

Celebrating women in STEM: talent, skills and life-long growth

Women in STEM play a vital role in shaping the future of engineering. Explore how ABB promotes inclusion, diversity, and equal opportunity.

What this article says