International Maritime Organisation, a specialised UN agency
ISO 14001
International standard stipulating requirements for environmental management systems
IMF
International Monetary Fund
VDMA
Verband Deutscher Maschinen- und Anlagenbau e. V. [Mechanical Engineering Industry Association]
Unternehmens- und Fachbegriffe
Additive manufacturing
Previously referred to as rapid prototyping: a process which enables rapid and cost-effective production of patterns, samples, prototypes, tools and final products.
Augmented Reality Repair
The practice of working with data glasses connected to the Internet or a smartphone app. This technology allows an engineer who is not a pump specialist to be guided through a step-by-step maintenance procedure.
Business Innovation Lab
Think tank in which a KSB team develops future-oriented business models for the age of digitalisation
CE marking
The CE marking documents that goods comply with the health and safety requirements of the European Union.
ErP Directive
Directive of the European Union which sets out the requirements for the environmentally compatible design of energy-related products
GHG (Greenhouse Gas) Protocol
Standard for calculating CO2 and greenhouse gas emissions
International Labour Organisation (ILO)
Specialised United Nations agency responsible for drawing up and overseeing international labour standards and social standards
Stakeholders
Groups of people who are directly or indirectly affected by a company’s activities; KSB’s main stakeholders are customers, suppliers, investors, employees and the public.
UK Modern Slavery Act
British law combating modern slavery, forced labour and human trafficking
UN Global Compact
United Nations initiative for responsible corporate governance based on ten universal principles
