KAMAX Holding GmbH & Co. KG
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced solvent emissions by 80% in fastener coating since 2013, resulting in only 8.5 tons per year.
- Achieved 20-50% improvement in energy efficiency with new Airtech compressors in Lapeer (USA).
- Transitioning to energy-efficient LED lighting across international locations.
Social Achievements
- Implemented various employee wellbeing initiatives including subsidized canteen, health days, and a diabetes management program in the USA.
- Established a new training center with an investment of 3 million euros.
- Global trainee program with placements across departments and locations.
- Employee exchange program across locations and countries.
- Awards for best doctoral and master’s theses in cooperation with Technical University in Clausthal.
Governance Achievements
- Established a company-wide compliance organization with a Group Compliance Officer and local officers.
- Implemented a global whistleblower system.
- Homberg and Osterode locations certified for industrial safety.
Climate Goals & Targets
Long-term Goals:
- Sustainability to become a firm component of corporate strategy.
Medium-term Goals:
- Convert company car pool to sustainable drive systems.
Short-term Goals:
- Increase R&D investment by 25%.
Environmental Challenges
- COVID-19 pandemic impacted operations and programs.
- Reducing greenhouse gas emissions from production activities.
Mitigation Strategies
- Established a pandemic team and implemented comprehensive protective measures.
- Implemented various energy efficiency measures and process optimizations.
- #KAMAXkicksCorona campaign including testing and vaccination.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Opportunities
- E-mobility
Sustainable Products & Innovation
- KXhead (35% weight reduction)
- KXtreme fasteners