Corporate Responsibility

Our Vision

“The future belongs to our children. We at Triumph shall contribute to building a sustainable society and a natural environment in a way that we can be proud of. It is our vision to be and to be recognized internally and externally as a company that is run in a responsible way, mindful of future generations, and with consideration for what we leave behind.”

Markus Spiesshofer, Partner
Oliver Spiesshofer, Partner
Roman Braun, Partner

Our Commitment

We at Triumph firmly believe that as a corporation we have a corporate responsibility towards what we affect with our actions that goes beyond delivering our business goals.

In our endeavor for sustainable and profitable growth we commit to conduct our global business legally and in a responsible and sustainable manner that is ethically sound and concerned with the welfare of our people, our communities, our stakeholders and the natural environment.

In our pursuit of this commitment, our actions are led by
• Corporate Responsibility to include stakeholder interests in our decision-making and to ensure that good and ethical practices are observed.

• Sustainability for future generations by creating economic and social opportunities for our employees and communities while preserving the natural environment.

Through stringent governance and compliance standards we ensure that we apply this commitment and manage any risks that would undermine our responsibility, sustainability or the achievement of company objectives.

This commitment is consistent with our values and principles of honesty, integrity and respect for others. Our culture of continuous learning and improvement, our effective organizational structure and thorough communication will enable us to monitor and control our behavior to ensure a sustainable legacy for future generations.

Our Activities

Today – Triumph, a family owned business, remains the only major European in-house manufacturer in the branded intimate apparel business. We own and operate a considerable part of our production facilities in different countries around the world. This means that we have direct control over these production centres and can directly implement social compliance requirements that meet high social standards through our local and central management.

Triumph is a member of the Business Social Compliance Initiative (BSCI) and implements BSCI requirements within our supply chain.

We continually work with all production facilities on improvements and further developments in order to ensure that we live up to our commitments and our best practice objectives.

Social Compliance at our Own FactoriesTraditionally, responsibility towards our employees has been paramount for Triumph in our over 125 years of history. As expressed in our Company Mission, we consider our employees to be our greatest asset. Accordingly, Triumph has always ensured that its employees work in fair and safe working conditions.

The key principles and requirements that must be complied with in the factories are contained in the Triumph Code of Conduct and the Business Social Compliance Initiative (BSCI) Code of Conduct.

They are:

• Freedom of Association and the Right to Collective Bargaining

• Prohibition of Discrimination

• Compensation

• Working Hours

• Workplace Health and Safety

• Prohibition of Child Labour

• Prohibition of Forced and Compulsory Labour and Disciplinary Measures

• Environment and Safety Issues

• Management Systems

and are based on the International Labor Organization’s Core Conventions. Compliance with all local laws and regulations is also a firm requirement and a matter of standard practice.

Senior management of the factories is responsible to ensure compliance with our Codes at all levels. Triumph’s Global Management supports and monitors all efforts, as do the Corporate Social Responsibility and the Corporate Engineering and Safety Departments. A good management system both on local and central levels allows common understanding, control, analysis, system improvements, exchange and mutual learning. Through independent external audits, social compliance performance is examined regularly. Any non-compliance found is remedied immediately. It is our aim to be fully compliant in our factories at all times.

Social Compliance at the Factories of Third Party Suppliers

Triumph expects our third party suppliers of finished goods garments to fully comply with the same requirements that bind our own factories. Triumph has an internal policy that outlines exactly the process of approval concerning social compliance for new and existing suppliers. Our sourcing teams are trained accordingly; the entire process is centrally monitored and supported continuously.

All our finished goods garments suppliers have to go through independent external audits regularly in order to ensure that they meet the requirements outlined in our Codes of Conduct. Results are being analysed, and wherever non-compliance is found, it must be remedied within a certain period of time. Results are then examined by a follow-up audit. If the requirements are still not fulfilled, sufficient improvements cannot be seen or dialogue is not successful, we disengage from business with the respective supplier – something that is rarely necessary. New suppliers have to go through a complete approval process before we start working with them.