INFICON Holding AG
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:502 tCO2e/year
Scope 1 Emissions:423 tCO2e/year
Scope 2 Emissions:78 tCO2e/year
Renewable Energy Share:81%
Total Energy Consumption:14,474 MWh/year
Waste Generated:295.8 tons/year
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced overall energy consumption by 6% to 14,474 MWh
- Curtailed total greenhouse gas emission by 59% to 502 tons
- Reduced total waste by 23% to 295.8 tons
- Increased share of electricity from renewable sources to 81%
Social Achievements
- Deepened understanding of INFICON’s DNA through workshops and meetings at various management and employee levels
- Maintained reasonably short employee turnover times despite pandemic challenges
- Average training hours per employee reached 7.6 hours
Governance Achievements
- No incidents of corruption reported
- Implemented a COVID vaccination policy for all employees in Syracuse
- Completed a RBA audit
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Demanding global business environment for customers in 2022, including the lingering effects of the COVID-19 pandemic and supply chain disruptions
- Severe bottlenecks and shortages for suppliers due to COVID-19, international trade disputes, and the war in Ukraine
- Increased need for transparency of environmental, social, and governance data from local communities and the public
Mitigation Strategies
- Embarked on a comprehensive investment strategy (USD 50 million) to increase capacity and improve production practices
- Close interaction with key suppliers to secure needed components
- Expanded presence on social media platforms to facilitate communication and transparency
Supply Chain Management
Responsible Procurement
- Agreements outlining expectations regarding production change control, prevention of child or forced labor
- Compliance with business ethics policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 9001:2015, ISO 14001:2015
Third-party Assurance: GRI Services (Content Index – Essentials Service)
UN Sustainable Development Goals
- 3
- 9a
- 9b
- 12
Over 80% of INFICON’s revenue is aligned to these UN Sustainable Development Goals.
Sustainable Products & Innovation
- Leak detectors
- Vacuum gauges
- HAPSITE® ER and CDT
- UL6000 Fab PLUS
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:513 tCO2e
Scope 1 Emissions:434 tCO2e
Scope 2 Emissions:79 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100%
Total Energy Consumption:15,817 MWh
Water Consumption:Not disclosed
Waste Generated:345 tons
Carbon Intensity:Not disclosed
ESG Focus Areas
- Economy/Products
- Governance
- Environment
- Social
Environmental Achievements
- Reduced greenhouse gas emissions by 37% in 2023 compared to 2022.
- Curtailed natural gas consumption by 21%, resulting in a 20% reduction in greenhouse gas emissions from Scope 1.
- Converted all major production sites to 100% certified green electricity.
- Achieved zero greenhouse gas emissions from district heating at Balzers (LIE) due to energy saving measures.
- Reduced water consumption by 87% at Balzers (LIE) with a new closed-loop cooling water concept.
Social Achievements
- Reduced employee turnover from 26% in 2022 to 18% in 2023.
- Increased average training hours per employee to 9.4 hours in 2023.
- Launched “oneINFICON” cultural journey initiative focusing on Culture and People Development.
- Introduced Diversity of Thought (DoT) Model to foster inclusivity.
- Established All-Gender, Single-Use Bathroom Spaces and created dedicated Expectant Mother parking spaces.
Governance Achievements
- No incidents of corruption reported in 2023.
- Expanded the scope and content of the sustainability report to comply with new regulations.
- Established a formal Sustainability Council led by a Board member.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Scope 3 Emission screening; Pilot circularity initiatives in production and products.
Short-term Goals:
- Develop concrete plans for further improvements in production buildings (energy recovery, geothermal and solar energy, thermal insulation).
Environmental Challenges
- Sourcing bottlenecks for certain components and materials due to geopolitical events (war in Ukraine, conflict in Middle East).
- Rapidly rising global demand for semiconductor products created shortages in supply markets.
- Increased regulatory requirements regarding non-financial disclosures.
Mitigation Strategies
- Engaged independent supply brokers to secure urgently needed components.
- Instituted Quality Business Reviews (QBRs) to increase the reliability and consistency of components.
- Increased inspections of incoming components and focused on dual sourcing where possible.
- Closely monitored legal revisions and adapted processes to upcoming ESG reporting requirements.
Supply Chain Management
Supplier Audits: At least once a year with major suppliers; bi-annually or more frequently if required.
Responsible Procurement
- Quality and environmental agreements; compliance with environmental laws; prevention of child or forced labor; compliance with business ethics policy.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 9001:2015, ISO 14001:2015
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Leak detectors; vacuum gauges; process control and smart manufacturing software; gas analyzers/chemical identification systems.
Awards & Recognition
- TSMC Supplier Recognition for Production Support & ESG Collaboration; 2023 Swiss Manufacturing Award for Industry Excellence (Balzers).