Schindler Holding Ltd.
Climate Impact & Sustainability Data (2012, 2013, 2014, 2021, 2022, 2023)
Reporting Period: 2012
Environmental Metrics
ESG Focus Areas
- Safety
- Customer Excellence
- People Development
- Energy Efficiency
- Service Fleet Emissions
- Production Facility Environmental Footprint
- Supply Chain Sustainability
- Ethical Business Behavior
- Transparent Reporting
Environmental Achievements
- Schindler 3300, Schindler 5500, and Schindler 7000 elevators achieved VDI A rating (highest energy efficiency class)
- 70% of production sites achieved ISO 14001 certification
Social Achievements
- Launched Customer Excellence program in 2012
- Reduced Lost Time Injury Frequency Rate (LTIFR) by 22% compared to the previous year
Governance Achievements
- Published first sustainability report according to GRI 3.1 guidelines
- Continued refresher training on Code of Conduct for all Schindler managers and extending it to technicians
Climate Goals & Targets
- Reduce CO2 emissions of service fleet by 30% by 2016 compared to 2012 levels
- All production facilities to comply with ISO 14001 standard by 2015
- Introduce a system to capture key environmental data for all outbound deliveries by 2015
- Rollout of an enhanced People Strategy to further improve performance, employee engagement, and leadership capabilities in 2013 to 2015
- Improve LTIFR by a further 25% by 2016 compared to the 2012 rate
- Introduce Net Promoter system in 2013
- Complete training on Customer Excellence (CE) at IMD for all target groups by end-2013
Environmental Challenges
- Significant environmental impact from service fleet (around 20,000 vehicles)
- Need to measure environmental impact of supply chain
- Need to improve data collection on logistics processes
Mitigation Strategies
- Replacing service fleet vehicles with more environmentally friendly models and route optimization
- Developing a system to capture key environmental data for all outbound deliveries by 2015
- Implementing Transport Order Management Solution (TOMS) to track logistics footprint (initially in Europe)
Supply Chain Management
Responsible Procurement
- Schindler Vendor Policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI G3.1
Certifications: ISO 14001 (70% of production sites)
Sustainable Products & Innovation
- Schindler 3300, Schindler 5500, and Schindler 7000 elevators (VDI A rating)
- Schindler 9300 escalators (one-third less energy consumption)
Awards & Recognition
- Red Dot Design Award (PORT Office Trim door lock)
- Forbes 100 Most Innovative Companies (2012)
Reporting Period: 2013
Environmental Metrics
ESG Focus Areas
- Employee Safety
- Customer Excellence
- Energy Efficiency
- CO2 Emissions Reduction
- ISO 14001 Certification
- Ethical Business Behavior
- Supply Chain Sustainability
Environmental Achievements
- Reduced CO2 emissions of the service fleet by 7.4% in 2013 compared to 2012.
- Achieved an “A” rating (highest energy efficiency class) for Schindler 3300, 5500, and 7000 elevator lines according to VDI 4707.
- Almost 60% of production facilities certified to ISO 14001.
Social Achievements
- Reduced Lost Time Injury Frequency Rate (LTIFR) by 15% compared to the previous year.
- Rolled out Customer Excellence program across all field operations.
- Introduced a global People Strategy.
Governance Achievements
- Continued refresher training on the Code of Conduct for all managers and extending it to technicians.
- Annual GRI G3.1-aligned Sustainability Report and Sustainability Brochure published.
Climate Goals & Targets
- Reduce CO2 emissions of the service fleet by 30% by 2016 compared to 2012 levels.
- All production facilities to comply with ISO 14001 standard by end-2015.
- Introduce an elevator system with alternative energy sources. Reduce environmental impact of new elevators by 5%. Ensure newly developed elevators also achieve VDI A-rating as current product range.
- Improve LTIFR by a further 25% by 2016 compared to the 2012 rate.
- Enhance CE program and value proposition based on results of NPS and percentage detractors from 2014 to 2016.
- Rollout of an enhanced People Strategy to further improve performance, employee engagement, and leadership capabilities in 2013 to 2015.
Environmental Challenges
- Strong Swiss Franc impacting operational requirements.
- Expenses related to business expansion in growth markets.
- Implementation delays in individual markets.
- Continued pricing pressures.
- Measuring the environmental effects of its supply chain.
Mitigation Strategies
- Focus on cost reduction and efficiency enhancement.
- Implementation of a global fleet policy to reduce CO2 emissions.
- Introduction of a system to capture key environmental data for all outbound deliveries by 2015.
Supply Chain Management
Responsible Procurement
- Schindler Vendor Policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI G3.1
Certifications: ISO 14001
Sustainable Products & Innovation
- Schindler 3300, 5500, and 7000 elevators (VDI 4707 A-rating)
- Schindler 9300 escalators (up to one-third less energy consumption)
Awards & Recognition
- Top Employers 2013 (Germany, Spain, Switzerland)
- Environmental award for new production plant in Slovakia (BREEAM Excellent)
- LEED Gold certification for new production plant in the US
- Forbes’ 100 Most Innovative Companies (third year in succession)
Reporting Period: 2014
Environmental Metrics
ESG Focus Areas
- Employee safety
- Customer excellence
- People development
- Energy-efficient elevators
- Service fleet CO2 emissions
- Production facilities ISO 14001 certification
- Supply chain environmental data
- Ethical business behavior
- Transparent reporting
Environmental Achievements
- Reduced CO2 emissions from service fleet by 14.7% between 2013 and 2014
- 70% of production facilities achieved ISO 14001 certification by end-2014
- Reduced direct energy consumption of service fleet by 13.6% per employee and 13.8% per revenue
Social Achievements
- Reduced Lost Time Injury Frequency Rate (LTIFR) by 12% in 2014
- Rollout of People Strategy, including e-learning and training programs
- Customer Excellence program achieved silver level certification in all operating companies, resulting in a 13% higher Net Promoter Score
Governance Achievements
- Continued implementation of the Schindler Code of Conduct and compliance program, including regular audits and training
Climate Goals & Targets
- Improve LTIFR by a further 25% by 2016 compared to 2012 rate
- Enhance Customer Excellence program and value proposition from 2014 to 2016
- Rollout of enhanced People Strategy from 2013 to 2015
- Reduce CO2 emissions from service fleet by 30% by 2016 compared to 2012 levels
- All production facilities to comply with ISO 14001 standard by end-2015
- Introduce a system to capture key environmental data for all outbound deliveries by 2015
Environmental Challenges
- Reducing CO2 emissions from service fleet
- Achieving ISO 14001 certification for all production facilities
- Measuring the environmental impact of the supply chain
Mitigation Strategies
- Implementation of Global Fleet Policy to replace vehicles with more fuel-efficient models
- Implementation program to obtain ISO 14001 certification worldwide
- Introduction of a system to capture key environmental data for all outbound deliveries by 2015
Supply Chain Management
Responsible Procurement
- Schindler Vendor Policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI G3.1
Certifications: ISO 14001
Sustainable Products & Innovation
- Energy-efficient elevators (Schindler 3300, 5500, 7000)
- Schindler 9300 escalators with adjustable speeds, lightweight drive technology, and LED lighting
Awards & Recognition
- LEED Gold certification for elevator plant in Hanover, Pennsylvania
- LEED Silver certification for escalator plant in Jiading, China
- IGBC (LEED India) Gold certificate for elevator plant in Chakan, India
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environment
- People
- Governance
Environmental Achievements
- Reduced waste sent to landfill by 26.9% compared to 2020
- 75% of electricity sourced from renewable energy in 2021 (all production sites 100%)
- Launched Schindler PORT 4D, reducing elevator group energy consumption by up to 40%
- All latest generation products can achieve energy class A according to ISO 25745
Social Achievements
- Recognized as a Top Employer 2022 in Europe
- Reached 25% women in leadership succession planning (a year ahead of target)
- Launched human rights due diligence initiative
- Committed to UN Women’s Empowerment Principles and UN Standards of Conduct for Business on Tackling Discrimination against LGBTI People
Governance Achievements
- Executive compensation linked to ESG progress
- Increased ESG disclosures in Annual Report to address investor needs
- Implemented a global concept for carbon-neutral shipping for largest projects
Climate Goals & Targets
- Net-zero emissions by 2040
- 50% absolute reduction in scope 1 and 2 GHG emissions by 2030 (2020 baseline)
- 42% absolute reduction in scope 3 GHG emissions by 2030 (2020 baseline)
- 100% renewable electricity by 2025
- Zero industrial waste to landfill by 2023
- 100% of production sites certified with ISO 45001 by 2023
- Reduce fleet carbon intensity by 25% by 2022 (2017 baseline)
Environmental Challenges
- Transition to a more sustainable fleet
- Targeted engagement with most carbon-intensive suppliers
- Global supply chain disruptions
Mitigation Strategies
- Piloted and implemented a global concept for carbon-neutral shipping for largest projects
- Adjusted measurement of progress against fleet carbon intensity goal by neutralizing currency effect on revenue
- Accelerating electrification of fleet, particularly in Germany and the US
- Developing a tool to measure carbon footprint generated by transport from factories and tier 1 suppliers to end customers
- Streamlining materials and upstream/downstream transport in European supply chain
Supply Chain Management
Supplier Audits: 49% of manufacturing purchases assessed using EcoVadis by end of 2021
Responsible Procurement
- Vendor Policy signed by all key suppliers
- Social, environmental, and ethical business practice conditions integrated into contracts
- Declarations of hazardous substances requested for every new or redesigned product
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Changing consumer preferences
- Future climate policy and regulation
Opportunities
- Development of energy-efficient products
- Modernization of existing buildings
Reporting Standards
Frameworks Used: GRI Standards, TCFD, UN Global Compact, SASB
Certifications: ISO 14001, ISO 9001, ISO 45001, ISO 25745, ISO 14025, ISO 14040
Third-party Assurance: Swiss Climate Ltd., true&fair.expert
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 9 (Industry, Innovation, and Infrastructure)
- Goal 11 (Sustainable Cities and Communities)
Initiatives contribute to these goals through energy-efficient products, sustainable building design, and smart urban mobility solutions
Sustainable Products & Innovation
- Schindler PORT 4D
- Modular elevators
- Connected elevators and escalators
- Schindler R.I.S.E.
- CleanMobility products
Awards & Recognition
- Shortlisted in Innovation Leaders category of Swiss Technology Award (Schindler R.I.S.E.)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate Change
- Supply Chain Sustainability
- Safety
- Diversity & Inclusion
- Smart Urban Mobility
- Human Rights
- Ethics & Integrity
Environmental Achievements
- Reduced carbon footprint of a digital service contract using electric vehicles by 99.5% compared to traditional on-site visits (Germany)
- 90% of electricity for all sites came from renewable energy sources.
- Suppliers representing 79% of manufacturing purchases were assessed for sustainability (EcoVadis).
Social Achievements
- 87% employee participation in engagement survey.
- Recognized as a Top Employer 2022 in Europe and Best Place to Work in Asia-Pacific.
- Reached 25% target of women in leadership succession planning one year ahead of schedule.
- Total Case Rate (TCR) improved by 46% from 2017 baseline (5.0 to 2.7).
Governance Achievements
- Implemented a global “Speak Up Line” for reporting violations, including discrimination and harassment.
- Conducted 42 compliance audits and 285 investigations on compliance-related allegations.
- New Responsible Sourcing Policy aligned with increased regulatory standards and guidance on responsible business conduct.
Climate Goals & Targets
- Net zero emissions by 2040
- Achieve -50% (scope 1/2) and -42% (scope 3) GHG emission reduction by 2030
- Transition to 100% renewable electricity by 2025
- Implement ISO 50001 management system for all major production sites by 2025
- Zero industrial waste to landfill by 2023
Environmental Challenges
- Narrowly missed the 25% fleet emission reduction target (achieved 24.7% due to late delivery of electric vehicles).
- Supply chain disruptions due to external risk factors (extreme weather, climate change, pandemics, raw material shortages, geopolitical unrest).
Mitigation Strategies
- Accelerating the transformation of the vehicle fleet and deploying remote monitoring technologies.
- Improving supply chain management systems, integrating sustainability considerations into policies and contracts, and performing independent sustainability assessments of suppliers.
Supply Chain Management
Supplier Audits: 79% of manufacturing purchases assessed using EcoVadis
Responsible Procurement
- Responsible Sourcing Policy based on UN Global Compact principles, ILO conventions, and ISO standards
- Vendor Policy signed by all key production material suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Flooding
Transition Risks
- Changing consumer preferences
- Future climate policy and regulation
Opportunities
- Development of energy-efficient products and services
Reporting Standards
Frameworks Used: GRI, SASB, TCFD
Certifications: ISO 14001, ISO 9001, ISO 45001, ISO 50001
Third-party Assurance: Swiss Climate Ltd.
UN Sustainable Development Goals
- Not disclosed
Sustainable Products & Innovation
- Schindler KERS (Kinetic Energy Recovery System)
- Schindler PORT 4D transit management solution
- Low-carbon elevator maintenance solution
Awards & Recognition
- CDP 'A' List for climate change transparency
- EcoVadis Gold rating
- Forbes Top 300 Female-Friendly Companies
- Harvard Business Review Global Chinese Edition 'ESG Innovator of 2022'
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- circular economy
- employee well-being and development
- energy management and climate change
- health and safety
- human rights and labor rights
- inclusion and diversity
- resilient supply chain management and procurement
- technology and innovation for sustainable building design
Environmental Achievements
- 90% of Schindler’s purchased electricity came from renewable sources
- 80% of Schindler’s total volume of waste was diverted from disposal through recycling
- Reduced carbon footprint of a digital service contract using electric vehicles by 99.5%
- Published first EPDs for Schindler 9300 and Schindler 9700 escalator lines
Social Achievements
- Launched a worldwide gender equal pay assessment
- 3991 students engaged in vocational education and training programs
- 87% participation rate in Schindler Employee Engagement Survey (2022)
- Won six Brandon Hall Group HCM Excellence Awards
Governance Achievements
- Implemented a technology-assisted approach to compliance
- Completed 100% of corruption risk evaluations in every country where Schindler operates
- Rolled out Responsible Sourcing Policy across its global network of suppliers
Climate Goals & Targets
- Net-zero GHG emissions in Schindler’s operations and supply chain by 2040
- 50% absolute reduction in GHG emissions from Schindler’s own operations (scope 1 and 2) by 2030
- 42% absolute reduction in GHG emissions from the Group’s value chain (scope 3) by 2030
- 30% of senior leadership positions held by women by 2030
- Fully transition to renewable electricity by 2025
- EcoVadis assessment of suppliers representing > 85% of production material factory spend by 2025
Environmental Challenges
- Climate risks through GHG emissions from production, installation, and maintenance activities (scopes 1, 2, and 3)
- Other environmental risks including pollution, waste disposal, and use of hazardous substances
- Human rights risks including occupational health and safety, product safety, child labor, forced labor, employment practices, freedom of association, and corruption
- Corruption risks in sales, governmental approvals, customs clearance, and handover checks (active and passive scenarios)
Mitigation Strategies
- Set a climate ambition to achieve net-zero GHG emissions by 2040 with 2030 interim targets
- Implemented GHG reduction measures for vehicle fleet and optimized spare parts delivery
- Transitioning to renewable electricity through on-site generation and power purchasing agreements
- Promoting sustainable building design through energy-efficient products and low-carbon materials
- Established a human rights due diligence framework and Human Rights Due Diligence Implementation Plan
- Implemented a strict zero-tolerance policy against corruption with education, examination, and enforcement pillars
- Regular audits by internal compliance teams and sanctions for violations
- Speak-up culture promoted through various channels including Integrityline
Supply Chain Management
Supplier Audits: 81% of production materials factory spend assessed using EcoVadis platform
Responsible Procurement
- Responsible Sourcing Policy
- EcoVadis platform for supplier assessment
- Supplier Qualification Audits and Supplier Consistency Audits
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products and services
Reporting Standards
Frameworks Used: GRI Standards 2021, Greenhouse Gas Protocol
Certifications: ISO 14001, ISO 9001, ISO 50001
Third-party Assurance: PricewaterhouseCoopers AG
Sustainable Products & Innovation
- Energy-efficient elevators and escalators
- Schindler KERS (Kinetic Energy Recovery System)
- MetaCore solution for building repurposing
Awards & Recognition
- Six Brandon Hall Group HCM Excellence Awards
- Newsweek top 10 most trustworthy companies in “Machines & Industrial Equipment”