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)