JOST Werke SE
Climate Impact & Sustainability Data (2018, 2019, 2020, 2022, 2023)
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Innovation promoting sustainability
- Compliance with laws and standards
- Resource consumption
- Personnel development, Diversity and equal opportunities, Occupational health and safety, human rights
- Anti-corruption and bribery matters
Environmental Achievements
- Developed a fully biodegradable high-performance lubricant, exceeding OECD 301 B biodegradability test requirements.
- Reduced annual lubrication requirements of fifth wheels and towing hitches from 10 kg to 1.6 kg through LubeTronic® system.
- Achieved ISO 14001 certification for its plant in Spain.
Social Achievements
- Group-wide employee turnover rate of only 8.7% (lower than the automotive sector average).
- Increased the Group-wide proportion of women in management roles to 10% (from 8%).
- Improved Group-wide rate of reportable accidents per 1,000 employees to 20 (from 22).
Governance Achievements
- Fundamental revision of JOST’s whistleblower system, managed by an external service provider.
- Developed a Supplier Code of Conduct, integrated into existing and future supplier relationships.
- Conducted interviews with management-level employees on compliance understanding and risks.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Limited control over sustainability risks in the upstream value chain (steel production).
- Increasing the proportion of women in the Group, particularly in technical professions.
- Corruption risk in countries with low corruption indices (17.9% of consolidated sales from such countries).
Mitigation Strategies
- Supplier Code of Conduct requiring suppliers to uphold sustainability standards.
- Continued focus on diversity and gender equality in hiring senior management.
- Initiatives for early detection and prevention of corruption (e-learning courses, increased employee information).
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: German Sustainability Code (DNK)
Certifications: ISO 9001, ISO 14001, OHSAS 18001, IATF 16949
Third-party Assurance: Spall & Kölsch GmbH Wirtschaftsprüfungsgesellschaft
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Biodegradable high-performance lubricant
Awards & Recognition
- Not disclosed
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Innovation promoting sustainability
- Compliance
- Product innovation
- Employees
- Climate and the environment
- Resource consumption
- Personnel development, Diversity and equal opportunities, Occupational health and safety, human rights
Environmental Achievements
- Reduced CO2 emissions by 18.4% (Kg CO2eq / production hour)
- Reduced total waste by 13.3%
- Reduced electricity consumption by 11.4% (kWh / production hour)
- 100% conversion of LubeTronic 5-Point lubrication system to biodegradable lubricant
- Increased ISO 14001 certified production plants to 68% (13 of 19 sites)
Social Achievements
- Improved Group-wide rate of reportable accidents per 1,000 employees to 18.4 (from 20)
- Increased Group-wide proportion of women in management roles to 10.5%
- Launched new development program in the United States
- Offered training on pedestrian-controlled pallet trucks and planned crane operation training
- Improved annual appraisal process and increased participation to 66.8% in Germany
Governance Achievements
- Developed a code of conduct for suppliers in 2018, with 44.4% signed and returned by October 2019
- Conducted e-learning courses on compliance and data protection/IT security
- Conducted classroom training sessions on the Code of Conduct and whistleblower system
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Convert lubricant portfolio to sustainable alternatives within two years
Environmental Challenges
- Limited control over sustainability risks in the upstream value chain (steel production)
- Increasing the number of women employed in technical professions
- High employee turnover rate of 14.4%
- Corruption risks in countries with weak governmental structures
Mitigation Strategies
- Supplier Code of Conduct requiring sustainability standards
- Regular visits to top 5 suppliers
- Focus on gender equality initiatives and attracting women to technical roles
- Investing in employee development and retention programs
- E-learning and classroom training on compliance and anti-corruption
Supply Chain Management
Supplier Audits: Regular three-year intervals for top 5 suppliers
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: German Sustainability Code (DNK)
Certifications: ISO 9001:2015, IATF 16949:2016, ISO 14001:2015, OHSAS 18001:2007
Third-party Assurance: Spall & Kölsch GmbH Wirtschaftsprüfungsgesellschaft
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Biodegradable lubricant
- Tire inflation system
- Lubrication-free calotte
Awards & Recognition
- Not disclosed
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- CO2 emissions reduction
- Workplace safety
- Sustainable supply chain
Environmental Achievements
- Reduced CO2 emissions per production hour by 1.0 kg from 7.6 kg/production hour in 2017 to 6.6 kg/production hour in 2020 (excluding Ålö).
Social Achievements
- Reduced workplace accident rate by 50% (compared to 2017).
Governance Achievements
- Management compensation linked to sustainability targets from 2022 onwards.
- ESG data reporting system set up in 2017, expanded to include all production sites by 2019, and further expanded to include Ålö Group in 2020.
- First materiality analysis conducted in 2020.
Climate Goals & Targets
- Reduce Scope 1 and Scope 2 CO2 emissions per production hour by -50% until 2030 (compared to 2020)
Environmental Challenges
- Labor cost increases
- Supply chain constraints
- Material cost increases
- Global economic downturn
Mitigation Strategies
- Increase of automation and digitalization
- Faster globalization of agricultural sales and production
- Economies of scale with higher market shares
- Higher margins with upselling and innovation
- Future M&A
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, German Sustainability Code (DNK)
Third-party Assurance: External auditors review
UN Sustainable Development Goals
- UN 17 SDG goals
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate Action
- Employee Engagement
- Human Rights
- Corporate Governance
- Responsible Supply Chain
Environmental Achievements
- Reduced CO2eq emissions intensity (Scope 1+2) by 15.0% compared to 2021 and 35.2% compared to 2020.
- Reduced absolute Scope 1 emissions by 7.7% and Scope 2 emissions by 10.5%.
- Increased renewable energy share in electricity mix to 30.0% (from 23.1%).
- Implemented first solar power systems in Portugal and Turkey.
Social Achievements
- Reduced employee turnover by 3.4 percentage points to 15.4%.
- Adopted a global Human Rights Policy.
- Implemented employee engagement platform pilot program.
Governance Achievements
- Issued a promissory note loan linked to ESG targets for the first time (€130 million).
Climate Goals & Targets
- Not disclosed
- Reduce Scope 1 and 2 CO2eq emissions per production hour by 50% by 2030 (compared to 2020).
- Increase the proportion of women in management positions to 19% by 2025.
Environmental Challenges
- Supply chain disruptions due to the pandemic, war in Ukraine, and lockdowns in China.
- Tightening labor markets due to demographic change and the pandemic.
- High proportion of Scope 3 emissions (material use).
Mitigation Strategies
- Detailed analyses to identify and reduce energy-intensive processes.
- Implementation of measures to reduce energy consumption (coating/painting, insulation, heating).
- Increased renewable energy use.
- Initiatives to improve employee engagement and reduce turnover.
- Adoption of a global Human Rights Policy.
- Supplier Code of Conduct to address sustainability issues.
Supply Chain Management
Supplier Audits: 53% of purchasing volume covered by Supplier Code of Conduct.
Responsible Procurement
- Supplier Code of Conduct (mandatory for new contracts, increasingly implemented for existing ones).
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Energy shortages and increased energy costs.
Opportunities
- Growing demand for sustainable products and value chains.
Reporting Standards
Frameworks Used: GRI Standards 2021
Certifications: ISO 14001 (65% of production sites)
Third-party Assurance: Spall & Kölsch GmbH Wirtschaftsprüfungsgesellschaft (limited assurance)
UN Sustainable Development Goals
- Goal 2 (Zero Hunger)
- Goal 4 (Quality Education)
- Goal 8 (Decent Work and Economic Growth)
- Goal 9 (Industry, Innovation and Infrastructure)
- Goal 11 (Sustainable Cities and Communities)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
JOST's products and initiatives contribute to these goals through various means, including increasing agricultural productivity, providing employee training, promoting sustainable transport solutions, and reducing greenhouse gas emissions.
Sustainable Products & Innovation
- Non-lubricated ball coupling, KingPin Finder, fifth wheel coupling for electric trucks, weight-optimized axles, aluminum support leg, JSK3CNWL fifth wheel coupling.
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Action
- Zero Hunger
- Quality Education
- Decent Work and Economic Growth
- Industry, Innovation and Infrastructure
- Sustainable Cities and Communities
- Responsible Consumption and Production
- Health and Wellbeing
- Gender Equality
- Fewer Inequalities
Environmental Achievements
- Reduced Scope 1 and 2 CO2eq emissions per production hour by 46.0% against 2020 levels to 3.4 kg CO2eq.
- Increased the share of total electricity consumption attributable to renewable energies by 6.7 percentage points in 2023 to 36.6%
- Increased in-house solar power generation to 506.8 thousand kWh
Social Achievements
- Decreased turnover rate by 3.8 percentage points to 11.6%
- Increased number of individual feedback meetings by 33.4% to 2,655
Governance Achievements
- No judicially determined discrimination cases
- Increased number of reported indications by 40% to 7
Climate Goals & Targets
- Reduce Scope 1 and 2 CO2eq emissions per production hour by 50% by 2030 compared with 2020 levels
- Increase the Group-wide share of women in management positions to 19% by the end of 2025
Environmental Challenges
- High energy costs
- Maintaining sustainability standards across a global supply chain
- Balancing gender equality in a technically focused industry
Mitigation Strategies
- Implementing measures to reduce energy consumption in production processes
- Implementing a Supplier Code of Conduct
- Promoting diversity and inclusion initiatives
Supply Chain Management
Supplier Audits: 100% of purchasing volume covered by Supplier Code of Conduct in 2023
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards 2021
Certifications: ISO 14001, ISO 9001, ISO 45001, IATF 16949
Third-party Assurance: Spall & Kölsch GmbH Wirtschaftsprüfungsgesellschaft (limited assurance)
UN Sustainable Development Goals
- Goal 2
- Goal 4
- Goal 8
- Goal 9
- Goal 11
- Goal 12
- Goal 13
JOST's products and initiatives contribute to these goals through various means, including product innovation, employee development, responsible resource management, and community engagement.
Sustainable Products & Innovation
- DCA-X7 brake
- JSK3CNWL fifth wheel coupling
- JSK35DVS fifth wheel coupling
- JSK35DVS top liner
- Load-detecting landing gears
- Fifth wheel coupling for electric trucks
- KingPin Finder
- Towing hitches with drawbar finders
- Multicoupling C-Series
- Q9S front loader
- HD-O hydraulic axle
- EF-S Light electronic steering system
- DCA WEIGHTMASTER PLUS axle
- DCA-L7-2 disc brake
- JOST KKS automatic coupling system
- Drawbar Finder integrated camera system
- Bio high-performance lubricant
- Non-lubricated ball coupling
- Aluminum support leg and S foot for landing gears
- TZ3 and TZ5 wheel ends
- LV-O independent suspension
- JCB 4000 Series towing hitch
- Quicke Control System
Awards & Recognition
- Ningbo Jiangbei District Occupational Health Management Institute “Outstanding Company” award for Ningbo plant