Climate Change Data

Binder+Co AG

Climate Impact & Sustainability Data (2020, 2021, 2023)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Economic Sustainability
  • Respect for the Environment
  • Appreciation of our Employees
  • High Safety Standards
  • Comprehensive Apprentice Training

Environmental Achievements

  • Reduced Waste, Noise and Emissions aligned with EU Directives
  • In-Group Resource and Energy Efficiency with annual investment of EUR 0.5 million in production technologies

Social Achievements

  • Low employee turnover rate of 2–3% a year
  • High Safety Standards with a work accident rate of 12.52 per million hours worked (slightly higher than 2019's 11.15)
  • Comprehensive Apprentice Training with apprentices regularly qualifying for national, European and worldwide championships

Governance Achievements

  • Transparent communication with shareholders through press releases and information on the company website
  • Compliance with national laws combating corruption, promoting sustainability and safeguarding human rights
  • Certified according to EN ISO 9001:2015, SCC**:2011 and EN ISO 1090-1:2009

Climate Goals & Targets

Short-term Goals:
  • Increase EBT significantly in 2021

Environmental Challenges

  • COVID-19 pandemic impact on global GDP and investment, leading to reduced order intake and sales revenues
  • Restrictions on international travel impacting customer relations and global servicing quality
  • Arbitration proceedings in conjunction with a systems project in England resulting in significant costs
  • Changes in strategy at Bublon GmbH leading to asset write-downs
Mitigation Strategies
  • Restructuring process to reduce personnel and purchased goods/services
  • Development of digitalized support measures to counteract travel restrictions
  • Cost reduction program to hedge against financial risks
  • Refocusing on innovative core business segments and a slimmed-down, more flexible structure

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Certifications: EN ISO 9001:2015, SCC**:2011, EN ISO 1090-1:2009

Third-party Assurance: Süd-Ost Treuhand Gesellschaft m.b.H.

Sustainable Products & Innovation

  • BIVITEC e+
  • Sensor fusion in CLARITY Complete Technology range
  • CIRCUPAC bagging carousel

Awards & Recognition

  • Austrian National Innovation Prize (2010)
  • Austrian National Work Safety Prize (2011)
  • Best Open Innovator Award (2011)
  • US-A-BIZ AWARD (2018)
  • Styrian Award for Exports (2018)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Sustainability
  • Resource Efficiency
  • Employee Well-being
  • Environmental Protection
  • Compliance

Environmental Achievements

  • Reduced waste through an officially approved waste management concept.
  • Efforts to reduce operating emissions aligned with EU Directives.
  • On-site assembly largely takes place without residues.

Social Achievements

  • Low employee turnover rate (2-3% per year).
  • High employee satisfaction.
  • Comprehensive apprentice training program.
  • Improved health and safety standards, with a work accident rate of 13.08 per million hours worked (slightly higher than the previous year).

Governance Achievements

  • Compliance with national laws combating corruption, promoting sustainability, and safeguarding human rights.
  • Regular internal and external audits and reviews.
  • Risk management system in place.

Climate Goals & Targets

Environmental Challenges

  • International supply chain disruptions and longer delivery lead times.
  • Double-digit material price rises (e.g., steel).
  • Staff shortages.
  • Materials sourcing bottlenecks.
  • Political instability in CIS markets (Russia, Belarus, Ukraine).
Mitigation Strategies
  • Reduced fixed costs in US subsidiary and invested in new structure and improved service.
  • Outsourcing sales, service, and assembly in China.
  • Sold Chinese subsidiary to save fixed costs.
  • Developed digitalized support measures to counteract travel restrictions.
  • More selective about projects undertaken.
  • Benefiting from the Green Deal and trend towards sustainable solutions.

Supply Chain Management

Responsible Procurement
  • Most procurement takes place in Europe, but also in relevant Asian, African, and North American target markets.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Certifications: EN ISO 9001:2015, SCC**:2011, EN ISO 1090-1:2009

Third-party Assurance: Süd-Ost Treuhand Gesellschaft m.b.H., Wirtschaftsprüfungs- und Steuerberatungsgesellschaft, Wien

Sustainable Products & Innovation

  • BIVITEC e+
  • FLOWFEX
  • CLARITY
  • MINEXX
  • DRYON
  • BUBLON

Awards & Recognition

  • Austrian National Innovation Prize (2010)
  • Austrian National Work Safety Prize (2011)
  • Best Open Innovator Award (2011)
  • USA-BIZ AWARD (2018)
  • Styrian Award for Exports (2018)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Sustainability
  • Resource Efficiency
  • Employee Well-being
  • Environmental Protection

Environmental Achievements

  • Work began on the construction of a photovoltaic system with approx. 1,700 KWp at the Group headquarters site (completion in 2024).
  • New photovoltaic system at the Statec Binder site put into operation in 2023.
  • Undertook structural measures in 2023 to connect to the local district heating network (replacing gas heating system in fall 2024).

Social Achievements

  • Low employee turnover rate of 2–3% a year.
  • Average accident rate per million hours worked of 13.11 over the last three years.
  • Updated training workshop to state-of-the-art.
  • Twelve apprentices employed.

Governance Achievements

  • Comprehensive waste management concept.
  • Compliance with national laws combating corruption, promoting sustainability and safeguarding human rights.
  • Whistleblower protection system established.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Develop Comec-Binder S.r.l. into a center of excellence for wet processing and process water treatment.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Difficult investment climate in the construction sector, particularly impacting the Italian subsidiary.
  • Slowdown in the construction industry impacting demand for primary raw materials.
  • Reluctance of customers to invest.
  • Loss of an important market in the Processing Technology Segment due to Russian sanctions.
Mitigation Strategies
  • Extensive changes in management and internal organizational structures at the Italian subsidiary, focusing on sales and project management.
  • Focus on maintaining existing machines and plant systems, boosting service and spare parts business.
  • Seeking new project opportunities in the CIS states to regain foothold in the potash salt drying business segment.
  • Intensive development work and exploiting efficiency potentials to counteract high cost burdens.

Supply Chain Management

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: IFRS

Certifications: EN ISO 9001:2015, SCC**:2011, EN ISO 1090-1:2009

Third-party Assurance: SOT Süd-Ost Treuhand Wirtschaftsprüfung GmbH

UN Sustainable Development Goals

  • Not disclosed

Sustainable Products & Innovation

  • b-connected digitalization platform
  • BIVITEC e+ screening machine
  • STRATOSLINE packaging and palletizing system
  • CLARITY AI sorting system

Awards & Recognition

  • Austrian National Innovation Prize (2010)
  • Austrian National Work Safety Prize (2011)
  • Best Open Innovator Award (2011)
  • USA-BIZ AWARD (2018)
  • Styrian Award for Exports (2018)