We are experiencing a time of great uncertainty and many challenges caused by global pandemics, armed conflicts, catastrophic effects of climate change, increasing cyberattacks or disruptions of worldwide supply and transport routes. That is why continuously safeguarding our business processes is becoming more and more important. At Festo, we rely on established standards and base our business continuity system on ISO 22301, the BCI Good Practice Guidelines and ISO 27001. This means our processes are totally compatible with the systems of our suppliers and customers, and the security of our supply remains guaranteed.
The ISO 22301 standard aims to increase the robustness of processes and identify potential impacts of emergencies that threaten the entire business. In addition, effective response measures ensure the continued delivery of goods and services to our customers, and protects goodwill, our reputation and brand, the company's value-adding activities and the interests of our stakeholders.
By combining various strategies as part of our business continuity management, we achieve sustainable protection of the company, the processes and the products and services intended for you. The following measures contribute to our comprehensive BCM: