We are an independently owned, FAULHABER family led group of companies. As the technology leader in the field of miniature drive and microdrive technologies, we have opened new possibilities with our innovative products. Our mission is to create miniature Drive System Solutions that are optimally tuned to the requirements of our customer motion applications. We create Drive System Solutions for markets where precision and reliability in the smallest of spaces is critical. Drive System Solutions that make us unique worldwide and enable our sustainable success and healthy growth.
We have the most extensive portfolio of highly developed miniature drive and microdrive technologies available in the world from a single source. As an internationally oriented, innovative and cooperative group, we use the power of diverse technologies to offer our customers individually and successfully tailored solutions as well as a huge array of standard offerings.
It is our philosophy to be always technically ahead by a nose. We are pioneers, think outside the box and continuously develop our high-performance product technologies with a view toward future needs. We always straddle the boundary of the technically feasible. As we strategically invest in research and development, we also utilize the most innovative modern processes and production strategies to set new standards in innovative products.
We are delighted that our achievements in engineering and extensive technology know-how can open new possibilities for our customers. In offering solutions for customer applications, we pursue our goals with commitment, passion, dedication and dogged perseverance. We explore new technologies, foster ideas, collaborate at every level and develop ourselves further. We are proud to be FAULHABER.
Worldwide, we set the standard in quality and service. We have an uncompromising awareness for quality that is supported by all our employees, to thank for this outstanding position. Our commitment and determination to continuously improve our services, organizational structures and processes drives our international competitiveness and the satisfaction of our customers today and in the long term.
We understand that the success of our products and services rests on the engagement of our employees. Their drive and their motivation are behind every FAULHABER product. Hence, we place great importance on furthering our employees and particularly our junior staff. An intact corporate culture with consistent human resource policies plays an important role at FAULHABER in allowing every individual to develop their own potential.
We seek direct contact with our customers, business partners and colleagues in order to understand and respond to their demands and needs. We are open and honest and treat everyone with respect and appreciation. We are sincere, stand by our word and accept responsibility for our actions as the foundation for trusting relationships. We view our Code of Conduct as both guidance and our duty. In short, we live by our values.
We are conscious of our responsibilities to future generations and do our part to ensure positive perspectives for the long term. We strive for the state of the art and adhere to all relevant legal and regulatory requirements for our products in the markets that we serve. We lead by example and make important contributions to protect the environment through diligent recycling and the use of energy from efficient and renewable sources. We continuously monitor our achievements and take proactive steps to reduce our environmental impact.