Glossary

  1. Abkürzungen

    API
    American Petroleum Institute
    HR
    Abbreviation for Human Resources
    IMO
    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]
  2. 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
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