Business & Industry
Oct 1, 2015
At home, at work or in public spaces, in leisure, travel or education – today, modern, urban life is all but inconceivable without electrical light.
Lamps and lighting systems from OSRAM provide the basis for a beautiful view of things, ensure safety and comfort, allowing for the efficient use of resources. For more than 100 years, OSRAM has been «passionate about intelligent light». As a globally operating company, they also encourage socially and environmentally responsible policies around the world - as well as sponsoring art and culture at home and abroad.
OSRAM is one of the two leading light
manufacturers in the world. The company's portfolio covers the entire value
chain from components – including lamps, electronic control gear and
opto-semiconductors such as
light-emitting diodes (LED) – as well as luminaires, light management systems and lighting solutions. The company, which is internationally oriented, had around 34,000 employees worldwide at the end of the fiscal year 2014 and generated a revenue of more than 5.1 billion Euros in that year. The company's business activities have been focusing on light – and hence on quality of life – for over 100 years.
With LED-based products making up a share of 36 percent of the total turnover, the company is setting significant trends with regard to technological changes in the lighting market. More than 60 percent of research and development expenditures are in the Solid State Lighting (SSL) area.
The highest sales are achieved by the General Lighting division. OSRAM is the world's number one supplier of automotive lamps and LED for vehicles and one of the market leaders in the field of electronic control gear (ECG) for lamps. Business with optical semiconductors is growing rapidly and has taken on major strategic importance.
Over 100 years of OSRAM
The OSRAM brand name was registered way back in 1906 and is one of the oldest trade names still recognized throughout the world. On July 1, 1919 AEG, Siemens & Halske AG and Deutsche Gasglühlicht AG (Auer Gesellschaft) merged their lightbulb production activities. Today, Siemens AG remains a minority shareholder in OSRAM, which was listed on the stock exchanges in Frankfurt and Munich on July 8, 2013.
As a solution provider for products and systems, OSRAM bases their strategic decisions on a holistic and integrated concept considering all three pillars of sustainability – economy, environment, society – which is setting the framework for all thoughts and actions.
The economic component of OSRAM's sustainability approach comprises aspects such as responsible and legally compliant management.
They aim to consistently make the most of the business opportunities that arise while at the same time meeting their environmental aspirations. Given that artificial lighting consumes around 15% of total electricity production worldwide, according to the latest studies by the United Nations Environment Program (UNEP initiative en.lighten), the lighting industry plays a major role in tackling global challenges such as climate change, resource scarcity, and demographic change, as it holds the key to the improvements that efficient lighting offers.
OSRAM's holistic approach to sustainability is completed by the social aspect. Firstly, they are a socially responsible employer, taking measures to promote the employees' health and providing a safe working environment. This also extends to the areas of education and training, diversity, and balancing work and family life. Even during times when restructuring is required, they are conscious of the responsibility they have to employees in relation to the measures to be taken. Secondly, as a global company, OSRAM operates in many different cultures and societies and support numerous local and international projects that put the subject of lighting in a social context, such as providing more efficient solutions for educational establishments.