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