Tornos Holding Ltd.

Climate Impact & Sustainability Data (2022)

Continue the existing program concerning the CO2 emissions reduction initiated in 2017
Reduce the use of dangerous substances (program ongoing since 2011)
Reduce waste (program ongoing since 2011) and paper consumption
Strive towards climate-neutral production of machines
Continuously increase resource efficiency by strengthening the circular economy
In 2023, we will move partly from fossil energy to renewable energy thanks to the installation of photovoltaic solar panels in three different plants (Switzerland, Italy and Taiwan).

Opened a 300 square-meter Customer Center in São Paolo (Brazil)
Opened a new production plant in Kąty Wrocławskie (Poland), where it primarily overhauls and modernizes older DECO 10 systems. Currently employs around 40 qualified employees in Poland.
Completed the shell for a new production hall in Taiwan (expected to be operational by end of 2023)
Launched the “Turning sustainable” initiative, regrouping all activities linked to sustainability, climate change, and ESG.
Committed to training future generations and identifying future talents (organized a competition for students).

Published the Tornos Code of Conduct
Formally integrated sustainability risks into the Group-wide risk assessment in 2022.
Comprehensive compliance management system based on Code of Conduct for Employees and Code of Conduct for Business Partners.

Long-term Goals:

Frequent disruptions in the global supply chain for raw materials and supplier products resulting in significant cost increases.
Coronavirus pandemic restrictions in Asia, particularly China, severely limiting machine production at times.
Material and supply shortages since 2020.

Demonstrated agility and pulled through thanks to constant efforts and exemplary stock management.
Introduced a refined method for value adjustment provisions that takes even better account of the specific circumstances at Tornos.
Price increases and a more favorable product mix with a larger share of higher-priced high-end machines to compensate for increased material costs.
Ongoing close dialog with suppliers.
Annual Suppliers Meeting (initiated in 2011).

Frameworks Used: GRI, TCFD, UN SDGs

SwissNano 10 (increases productivity by at least 40 percent and is a particularly energy-efficient machine).