Climate Change Data

Rieter Holding Ltd.

Climate Impact & Sustainability Data (2011, 2023)

Reporting Period: 2011

Environmental Metrics

Total Carbon Emissions:Practically unchanged in absolute CO2e figures in 2011, but decreased in terms of corporate output by 19%
Total Energy Consumption:131,000 MWh/year
Water Consumption:345,000 m³/year
Waste Generated:Increased by 22% in absolute figures, but decreased by just over 1% to 11.70 kg/1000 CHF in terms of corporate output

ESG Focus Areas

  • Economic sustainability
  • Social sustainability
  • Environmental sustainability

Environmental Achievements

  • Reduced energy consumption by a slight amount in 2011 to 131,000 MWh. Energy consumption in terms of corporate output declined by 20% to 0.13 MWh/1,000 CHF.
  • Reduced greenhouse gas emissions in terms of corporate output by 19%.
  • Reduced absolute SOX emission figures by 47% in 2011 compared to 2010. SOX emissions in terms of corporate output were even 57% less.
  • Reduced water consumption per employee by 7%.

Social Achievements

  • Launched a leadership code of conduct known as “i-commit”.
  • Improved performance management process to identify talent.
  • Reduced workforce fluctuation rate by 37% compared to 2010.
  • Increased percentage of female employees to 18% from 17% in the previous year.
  • Continued investment in vocational training, including initiatives in India and China.
  • Reduced number of occupational accidents with lost days per million working hours by 7%.

Governance Achievements

  • Developed a code of conduct in business relationships, binding for all employees.
  • Regular training courses and tests to ensure familiarity and compliance with the code of conduct.
  • All Rieter plants except one were certified to ISO 9001. 91% of the workforce were employed at an ISO 9001 certified plant.

Climate Goals & Targets

Environmental Challenges

  • Market cycles affecting the textile industry and regional differences in fluctuation rates.
  • Need to improve manufacturing flexibility, productivity, and efficiency while increasing transparency.
Mitigation Strategies
  • Developed and introduced a leadership code of conduct.
  • Improved performance management process.
  • Launched a global Operational Excellence program to improve manufacturing flexibility, productivity, and efficiency, and increase transparency.

Supply Chain Management

Responsible Procurement
  • Code of conduct for suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: CDP (Carbon Disclosure Project)

Certifications: ISO 9001 (most plants), ISO 14001 (one plant)

Sustainable Products & Innovation

  • Energy-optimized spinning machinery and components

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • People
  • Planet

Social Achievements

  • Significant decrease of temporary employees (-694 FTE) and permanent employees (-548 FTE) related to performance program Next Level

Climate Goals & Targets

Short-term Goals:
  • Goals on “People” and “Planet” for 2025 on track

Environmental Challenges

  • Markets remain under pressure from the economic slowdown, high inflation rates and noticeably dampened consumer sentiment. Customers are reluctant to place orders due to financing challenges.
Mitigation Strategies
  • Performance Program “Next Level” in progress
  • Increase After Sales and Components sales
  • Adapt sales process to capture market opportunities
  • Implement continuous cost leadership organization
  • Simplification and standardization along the value chain
  • Digitization and automation
  • Resolve supply chain disruption effects
  • Secure second source for critical components
  • Ensure high quality product performance
  • Empowerment of key markets
  • Overhead reduction
  • Closure of Ingolstadt location

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Recycling Automation