SFS Group AG
Climate Impact & Sustainability Data (2020, 2021, 2022)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:112541 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:21077 tCO2e/year
Scope 2 Emissions:91364 tCO2e/year
Renewable Energy Share:4% in 2020 (Scope 2)
ESG Focus Areas
- Economic Performance
- Occupational Health and Safety
- Socio-economic Compliance
- Education and Training
- Emissions
Environmental Achievements
- Implemented a roadmap for environmental improvements aiming for a ≥90% reduction in CO2 emissions (Scope 1 & 2) by 2030 and ≥90% reduction in Scope 3 emissions by 2040.
- Switched to climate-neutral energy at all Swiss production sites since the beginning of 2021.
- Expanded the photovoltaic system at the Heerbrugg headquarters, generating approximately 8.5% of the current energy needs of Swiss production sites since spring 2021.
Social Achievements
- Reduced the number of occupational accidents by 13.3% in 2020 compared to the previous year.
- Maintained 5.0% of employees in dual vocational training (target: 5-7%).
- Implemented protection concepts at all locations in accordance with the specifications of the respective authorities. Best practices were exchanged within the organization.
Governance Achievements
- No sanctions in the area of socio-economic compliance in 2020 or the previous year.
- Implemented an effective compliance system focusing on anti-corruption, antitrust law, insider trading, data protection, foreign trade compliance, information security, and violations of personal integrity.
- No corruption cases reported in 2020.
Climate Goals & Targets
Long-term Goals:
- Reduce CO2 emissions (Scope 3) by ≥90% by 2040.
Medium-term Goals:
- Reduce CO2 emissions (Scope 1 & 2) by ≥90% by 2030.
- Achieve more than 90% renewable energy share by 2030.
Short-term Goals:
- Reduce occupational accidents by 50% by 2025 (compared to 2019).
- Achieve at least 50% renewable energy share by 2025.
- Improve data collection to include all significant emission sources by 2025.
Environmental Challenges
- COVID-19 pandemic impacted business activity and value creation, resulting in a 10.7% decrease in net value creation compared to 2019.
- Supply chain disruptions due to the pandemic led to longer lead times and price pressure.
- Pandemic-related restrictions limited the expansion of educational activities.
Mitigation Strategies
- Implemented a balanced approach across regions, end markets, and distribution channels to mitigate the impact of the pandemic.
- Increased focus on medical technology, a growing market.
- Proactive planning and investment in capacity expansion to address supply chain challenges and future growth.
Supply Chain Management
Responsible Procurement
- Code of Conduct for suppliers
- Quality Management Agreement (QMA)
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards (Core)
Certifications: ISO 14001 (20 sites), ISO 45001 (13 sites)
UN Sustainable Development Goals
- SDG 4: Quality Education
- SDG 8: Decent Work and Economic Growth
- SDG 12: Responsible Consumption and Production
- SDG 13: Climate Action
SFS's priorities reflect these SDGs and are embedded in the materiality analysis of 2019.
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:550,667 tCO2e (Scope 1+2+3)
Scope 1 Emissions:30,864 tCO2e
Scope 2 Emissions:93,459 tCO2e
Scope 3 Emissions:411,417 tCO2e
Renewable Energy Share:23%
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:105.6 tCO2e/CHF million value added (Scope 1+2)
ESG Focus Areas
- Economic performance
- Emissions
- Occupational health and safety
- Training and education
- Human rights
- Socioeconomic compliance
Environmental Achievements
- Reduced Scope 1 and 2 emissions by -4.5% (like-to-like basis: -11.9%)
- Increased renewable energy share to 23% (from 4% in the previous year)
Social Achievements
- Accident rate decreased by -12.8% to 4.1 accidents per 1 million working hours
- Maintained 5.1% of permanent employees in training programs (target: 5-7%)
- No reports of human rights violations
Governance Achievements
- No compliance violations in socioeconomic compliance
- Improved data collection processes for sustainability reporting
Climate Goals & Targets
Long-term Goals:
- Reduce Scope 3 emissions by ≥ 90% by 2040
Medium-term Goals:
- Reduce Scope 1 and 2 emissions by ≥ 90% by 2030
- Achieve more than 90% renewable energy by 2030
Short-term Goals:
- Reduce Scope 1 and 2 emissions by at least 3% per year
- Achieve at least 50% renewable energy by 2025
Environmental Challenges
- High demand and supply chain bottlenecks
- COVID-19 pandemic
- Data gaps in Scope 3 emissions
Mitigation Strategies
- Implemented Lean & Green initiatives to reduce energy consumption and emissions
- Expanded renewable energy production (photovoltaic systems)
- Improved data collection for Scope 3 emissions
Supply Chain Management
Supplier Audits: Annual or bi-annual audits depending on risk assessment
Responsible Procurement
- Supplier Code of Conduct
- Quality Management Agreement (QMA)
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards (Core option), UN Global Compact
Certifications: ISO 14001 (21 sites), ISO 45001 (15 sites)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 8
- SDG 9
- SDG 12
- SDG 13
Initiatives contribute to these SDGs through various programs and policies
Sustainable Products & Innovation
- First recyclable roof
Awards & Recognition
- Second place in Swiss Employer Award (Large Companies category)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:95,000 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:27,166 tCO2e/year
Scope 2 Emissions:67,834 tCO2e/year
Scope 3 Emissions:620,185 tCO2e/year
Renewable Energy Share:32.8% of total energy use
Total Energy Consumption:338,539 MWh/year
Carbon Intensity:57.0 tCO2e/million CHF value creation (2022)
ESG Focus Areas
- Energy and Emissions
- Sustainable Solutions
- Procurement
- Promotion and Employee Engagement
- Occupational Safety and Health
Environmental Achievements
- Reduced direct CO2 emissions (Scope 1 and 2) by -18.7% compared to 2021. Reduction of -48.4% compared to the base year 2020 in tons of CO2 equivalents relative to value creation.
- Increased the share of renewable electricity to 49.7% (37.7% in the previous year).
Social Achievements
- Maintained high employee satisfaction (around 80% satisfied, 87% find the company attractive).
- Achieved the target of 5-7% of permanent employees in dual education and training programs (5.4%).
- 100% of senior management positions filled with internal candidates.
Governance Achievements
- No compliance incidents leading to fines or legal proceedings.
- Expanded social engagement through the acquisition of Hoffmann.
Climate Goals & Targets
Long-term Goals:
- Reduce CO2 emissions for the entire value chain (Scope 3) by ≥90% by 2040 (base year to be determined).
Medium-term Goals:
- Reduce direct CO2 emissions (Scope 1 and 2) by ≥90% by 2030 (compared to 2020).
Short-term Goals:
- Reduce water consumption and waste (data collection process implemented in 2023).
Environmental Challenges
- Insufficient progress in reducing the accident rate.
- Data gaps in Scope 3 emissions.
- Supply chain disruptions due to geopolitical instability and increased energy and raw material prices.
Mitigation Strategies
- Increased focus on occupational safety and health.
- Intensified dialogue with suppliers and implementation of assessments to improve data collection for Scope 3 emissions (starting in 2023).
- Development of a decarbonization strategy towards net zero.
Supply Chain Management
Supplier Audits: 40 suppliers assessed in a pilot program in Q4 2022; full onboarding started in January 2023.
Responsible Procurement
- Assessments of suppliers on ecological and social criteria (starting in 2023), Local-for-Local strategy.
Climate-Related Risks & Opportunities
Physical Risks
- Increased energy and raw material prices
Transition Risks
- Regulatory changes
Opportunities
- Development of energy-efficient products and solutions
Reporting Standards
Frameworks Used: GRI Standards 2021
Certifications: ISO 14001, ISO 45001
Sustainable Products & Innovation
- GARANT Green Plus, tools with handles made from renewable raw materials