Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced fuel and electricity consumption by more than 2 million kWh/y at Lausanne site through various measures (window replacement, revised machine operation schedules, heating network readjustment, etc.)
• Implemented a new ink storage tank at Villeurbanne site with a capacity of 25 m3, reducing transport needs and pollution.
• Lausanne site implemented a car-sharing program to reduce greenhouse gas emissions.
• Grenchen site implemented a new adhesive applicator reducing adhesive usage.

Social Achievements

• Restructured Bobst Group charter to include a new section on health, safety, and accident prevention.
• Bedford site employees participated in fundraising events raising over GBP 11,000 for local charities.
• Lausanne site celebrated the 60th anniversary of its “Bobst Sports et Loisirs” program.
• Pune site adopted a new safety document to improve industrial safety for employees from diverse backgrounds.
• Lausanne site obtained OHSAS 18001 certification for occupational health, safety, and hygiene.

Governance Achievements

• Continued to implement the Program GO, aiming to achieve a Group net profit exceeding CHF 90m and reduce capital utilization by CHF 200m by the end of 2007.
• Restructured the Market Organization in February 2006 to improve customer focus and market positioning.
• Implemented various projects under Program GO to improve sales and service, purchasing, production, product development, support functions, and capital utilization.

Climate Goals & Targets

Environmental Challenges

• Unbalanced customer demand between the first and second halves of the year, particularly in the Flexible Materials Business Area.
• Difficult market conditions in the Corrugated Board Business Area due to energy cost increases and customer industry consolidation.
• Tight suppliers’ market for components and raw materials making inventory reduction delicate.
• Drying up of the labor market in many geographical areas.
• Continued difficult environment in the flexible materials industries due to low investment levels among customers.

Mitigation Strategies

• Increased operational flexibility and adaptation capabilities to short-term market fluctuations.
• Rightsizing of some operations and launching new products in the Flexible Materials Business Area.
• Launching various additional efficiency improvement actions in the Corrugated Board Business Area.
• Implementing Program GO to improve efficiency and reduce capital utilization.
• Streamlining operations and focusing on core business in the Flexible Materials Business Area.

Supply Chain Management

Responsible Procurement

• Close cooperation with well-performing suppliers considering total cost approaches.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 14001, OHSAS 18001

Certifications: ISO 14001 (Lausanne site), OHSAS 18001 (Lausanne site)

Sustainable Products & Innovation

• New adhesive applicator (GAPR04+TM)
• Mastercut flat-bed Autoplaten® diecutter
• Masterflex-L printing press
• FFG 924 NT
• Foliostar sheet-to-sheet laminator
• Minimum Waste Gravure Line
• New generation of entry-level and multi-purpose Gravure presses

Environmental Metrics

ESG Focus Areas

• Hunger
• Health and Well-being
• Education
• Gender Equality
• Energy
• Economic Growth
• Sustainable Cities
• Sustainable Consumption and Production
• Climate Change
• Peace, Justice, and Strong Institutions
• Recyclable Packaging

Environmental Achievements

• Reduced CO2 energy emissions by more than 12% compared to 2017 despite opening a new production site. This was achieved through reduced cogeneration unit use and favorable climate conditions.
• Total waste generated remained stable despite the new site opening. A reduction of more than 16% in metal waste was achieved.
• Production-related electricity consumption decreased by 2.2%, further reduced by more than 8% due to LED lighting.
• More than 7% of the Group’s electricity consumption came from on-site photovoltaic energy (compared to 5% in 2017).
• LEED GOLD certification for the Changzhou, China site for sustainable building practices, including reduced energy and water usage, recycled materials, and promoting low-emission transportation.
• Mex, Switzerland site reduced heating needs and CO2 emissions by 50-64% through building renovations.
• Bobst Lyon, France developed new technologies reducing waste and improving efficiency in printing machines.
• Installation of five recharging stations for electric vehicles at the Mex site.

Social Achievements

• Mobilization of employees in China and the US to help people suffering from hunger.
• Support for the “Integrity” forum for private fundraising to philanthropic foundations in Russia.
• Support for schools in Thailand and Poland, and youth training programs in the US.
• Increased percentage of female employees in Shanghai, China from 15% to 19%, and manager level positions from 25% to 35%.
• Gender equality training for all employees at Bobst UK & Ireland.
• Donation of school playground items to Lincoln Elementary School in New Jersey.
• Participation in the Annual Jersey Cares Coat Drive.
• Employee volunteering to support children in the Czech Republic.
• Introduction of teleworking in France to improve employee well-being and reduce environmental impact.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Difficulty of recycling plastics used in packaging, particularly metallized films.
• Reducing CO2 emissions from private vehicle traffic.

Mitigation Strategies

• Collaboration with brands and universities to develop recyclable metallized films for food packaging.
• Installation of electric vehicle charging stations.
• Promoting car-free commutes through the gEKOn initiative.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Collaboration with suppliers on recyclable packaging development

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: UN Sustainable Development Goals

Certifications: LEED GOLD

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 2, Goal 3, Goal 4, Goal 5, Goal 7, Goal 8, Goal 9, Goal 10, Goal 11, Goal 12, Goal 13, Goal 16

Initiatives described in the report contribute to these goals.

Sustainable Products & Innovation

• Recyclable metallized films for food packaging

Awards & Recognition

• LEED GOLD certification

Environmental Metrics

ESG Focus Areas

• Climate change
• Sustainability
• Recyclable Packaging

Environmental Achievements

• Committed to Science-Based Targets initiative (SBTi) methodology to reduce carbon footprint by 42%
• Targeting 25% reduction in Scope 3 emissions by 2030 (including 20% reduction in machines’ electricity consumption)
• Development of recyclable substrates and water-based inks
• Refurbishment of existing equipment
• Won PEUOL Award for oneBARRIER FibreCycle in Recyclable Packaging (Pre-Commercialized) category

Social Achievements

• Not disclosed

Governance Achievements

• Deployment and certification of Business Continuity Management Systems (BCMS) at production sites in compliance with ISO 22301

Climate Goals & Targets

Environmental Challenges

• Lower booking in H1 and slowdown in H2 2023
• Attempted cyber-attack
• Flooding in Firenze affecting full-year results
• High raw material costs
• Skills shortage
• Decline in order entries due to industrial slowdown
• Swiss Franc appreciation against Euro and US Dollar

Mitigation Strategies

• Improved security strategy and systems recovery capabilities
• Company culture and people education
• Rapid restoration of business operations after cyber-attack and flooding
• Strengthening resilience (ability to quickly resume normal business activity)
• Evaluating decarbonization options for operational activities (Scope 1&2)
• Actively partnering with suppliers for Scope 3 reduction

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Actively partnering with suppliers for Scope 3 reduction

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Transition Risks

• Sustainability requirements driven by the European Union

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Greenhouse gas (GHG) protocol, SBTi (Science-Based Targets initiative), Global Reporting Initiative (GRI), TCFD standards

Certifications: ISO 22301

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• oneBARRIER FibreCycle

Awards & Recognition

• PEUOL Award for oneBARRIER FibreCycle