CeoTronics Aktiengesellschaft
Climate Impact & Sustainability Data (2017-06 to 2018-05, 2022/23, 2023-06 to 2024-05)
Reporting Period: 2017-06 to 2018-05
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- CeoTronics supports social institutions, schools, kindergartens, and Rödermark fire departments; promotes employee volunteering.
- German Content of manufacturing costs is 71.1%, European Content is 88.5%.
Governance Achievements
- Compliance with all relevant legal regulations is emphasized; employees are sensitized and trained on risk recognition and compliance.
- CeoTronics was certified according to the new PSA regulations in June 2018.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Achieve €25 million in revenue within the next five years (fiscal year 2022/2023).
Short-term Goals:
- Not disclosed
Environmental Challenges
- Project delays impacting revenue (approximately €3.4 million due to delays with the German Bundeswehr and in Southern Germany).
- Delays in product development and availability of new products.
- Long lead times for electronic components and assemblies.
- High employee turnover in Southern Germany, requiring new recruitment.
- Temporary short-time work announced due to a backlog of non-short-term producible orders.
Mitigation Strategies
- New employee hired for sales in Southern Germany.
- Implementation of a holistic obsolescence management system by the end of 2019.
- Increased procurement of critical components in larger quantities and earlier.
- Successful recruitment of four additional engineers for R&D and reorganization of sales in BeNeLux.
- Short-time work implemented to manage temporary production capacity issues.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- CeoTronics prefers suppliers from Germany and Europe.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: ISO 9001:2015
Third-party Assurance: Karlheinz Hofmann, Wirtschaftsprüfer
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022/23
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental Management and Sustainability
- Social Responsibility
- Governance and Compliance
Environmental Achievements
- ISO 14001 certification for environmental management and sustainability (Feb 2023)
- 155 sqm of land de-sealed and greened at Rödermark site (2020/21)
- Installation of a geothermal heat pump at Lutherstadt Eisleben site
- Upgrade of Rödermark site with two 30 kWp photovoltaic systems
- Conversion to LED lighting and motion sensors
- Replacement of old windows with triple-glazed windows
- Replacement of old air conditioning units with energy-efficient ones
- Company fleet largely consists of hybrid vehicles with a plan to transition to electric vehicles as range improves.
Social Achievements
- Cultivation of a strong company culture with open communication and employee participation
- Provision of modern, ergonomic workplaces
- Offering of various social events (summer parties, Christmas parties)
- Opportunities for internships, apprenticeships, and dual studies
- Provision of corporate benefits (discounts, bike leasing, health insurance)
- Minimum wage of €12/hour
- Commitment to equal treatment and integration of people with disabilities
- Support for local social institutions and community initiatives
- Donation of modern communication technology to the local fire department (2023)
Governance Achievements
- Adherence to a strict code of conduct
- Transparent and open communication with the supervisory board and auditors
- Compliance with all relevant legal regulations (e.g., AGG, labor safety, data protection, export control, tax law, environmental protection, anti-corruption rules)
- Diligent selection of business partners, prioritizing those from Germany and Europe
Climate Goals & Targets
Long-term Goals:
- Continuously improve environmental performance
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Prioritizing suppliers from Germany and Europe
- Commitment to upholding the company's Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: ISO 14001
Certifications: ISO 14001
Third-party Assurance: TÜV Rheinland
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- CT-ComLink® family products designed for durability and repairability
Awards & Recognition
- Not disclosed
Reporting Period: 2023-06 to 2024-05
Environmental Metrics
ESG Focus Areas
- Social Responsibility (CSR)
- Environmental Management
- Ethical Sourcing and Export
- Work Safety
Environmental Achievements
- ISO 14001 certification for environmental management and sustainability
Social Achievements
- Long-standing partnership with Rödermark fire department
- Recent partnership with the Bundeswehr's Heimatschutz, Regiment 5
- Certification as a manufacturer of occupational safety products (PSA)
Governance Achievements
- Board and Supervisory Board discharged with over 96.71% of votes
- uniTreu GmbH Wirtschaftsprüfungsgesellschaft appointed as auditor for 2024/2025
Climate Goals & Targets
Environmental Challenges
- Relatively unchanged revenue compared to the previous year's record
- Increased costs related to order pre-financing, higher interest expenses, IT, marketing, and sales for new markets
Mitigation Strategies
- Successfully secured a large order from the Bundeswehr (€52.5 million)
- Projected significant revenue and earnings growth for the next fiscal year (€46 million revenue, €3.5 million earnings)