Climate Change Data

Bossard Holding AG

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:5,692 tCO2e (2022)
Scope 1 Emissions:3,139 tCO2e (2022)
Scope 2 Emissions:2,553 tCO2e (2022)
Renewable Energy Share:12.2% (2022)
Total Energy Consumption:22,556 MWh (2022)
Waste Generated:1,546.4 tons (2022)

ESG Focus Areas

  • Future Proven Solutions
  • Reduced Footprint
  • Empowered People
  • Fair Partnership

Environmental Achievements

  • Reduced Scope 1 and Scope 2 greenhouse gas emissions between 2021 and 2022.
  • Installed a rooftop photovoltaic system at Bossard China, saving approximately 162 tons of CO2 between April and August 2023.
  • Reduced packaging costs and annual carbon emissions by approximately 2,530 kg in Bossard Germany through stretch film optimization.
  • Bossard Germany’s packaging machines received new film packaging, 80 percent of which is made from recycled material, saving approximately 800 kg of new film per year.

Social Achievements

  • Introduced a learning module on corporate culture for new employees.
  • Created the intranet “Learning Hub” as a central repository for all learning content.
  • Offered interdisciplinary learning and training programs.
  • Successfully rolled out the new ERP system in Malaysia, Thailand, and Singapore.
  • Launched the Clubhouse platform for employees to share ideas and form project teams.
  • Piloted the new Employee Talk App to improve appraisal interviews.

Governance Achievements

  • Implemented a new global Anti-Bribery Policy.
  • Rolled out a new Integrity Line for reporting compliance violations.
  • Revised the Supplier Code of Conduct.

Climate Goals & Targets

Medium-term Goals:
  • Achieve net zero Scope 1 and 2 emissions by 2040.
  • Increase the number of women in management positions to match the overall gender ratio in the Bossard Group by 2031.
  • Roll out SmartOrdering to 80% of Smart Factory Logistics customers.
Short-term Goals:
  • Reduce Scope 1 and 2 greenhouse gas emissions by 50% by 2031.

Environmental Challenges

  • Economic normalization and negative impact of the strong Swiss franc.
  • Price pressure and rising labor costs.
  • Shortage of skilled labor.
  • Reducing Scope 3 emissions (90% of Bossard's emissions are from Purchased goods and services).
  • Increasingly stricter sustainability regulations and requirements in the EU, including the Carbon Border Adjustment Mechanism (CBAM).
  • Employee turnover.
Mitigation Strategies
  • Strengthening market position in all three regions through stable demand in growth industries and Smart Factory services.
  • Implementing Strategy 200 and associated investments.
  • Promoting energy efficiency and responsible use of electricity.
  • Setting climate goals: 50% reduction in Scope 1 and 2 emissions by 2031, net zero by 2040.
  • Diversifying transportation routes and designing environmentally friendly logistics processes.
  • Increasing use of renewable energies.
  • Integrating circular approaches.
  • Supplier Code of Conduct with environmental protection requirements.
  • Giving purchasing preference to low-emission products.
  • Developing fasteners made from new materials.
  • Expanding services based on circular economy principles.
  • Various initiatives to reduce employee turnover (global and cross-functional projects, strengthening contact between employees and managers, professional development opportunities, Clubhouse platform, Employee Talk App).

Supply Chain Management

Supplier Audits: 60 suppliers audited for human and labor rights (2023), 57 suppliers audited for environmental criteria (2023)

Responsible Procurement
  • Supplier Code of Conduct (revised 2023), requirements regarding sustainability and legal compliance, ESG criteria and regulatory requirements considered when selecting suppliers.

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather (cyclones, hurricanes, typhoons)
  • Flooding
Transition Risks
  • Stricter regulations on products and services
  • Carbon tax (CBAM)
  • Higher energy and raw material prices
  • Stronger climate reporting requirements
Opportunities
  • Products and services promoting resource efficiency and reducing environmental impact
  • Resource efficiency through supplier consolidation and Assembly Technology Expert services
  • Increasing relevance of reusable products and dismantling solutions

Reporting Standards

Frameworks Used: GRI Standards, UN Global Compact, UN Sustainable Development Goals (SDGs)

Certifications: ISO 14001

UN Sustainable Development Goals

  • SDG 7 (Affordable and clean energy)
  • SDG 8 (Decent work and economic growth)
  • SDG 9 (Industry, innovation and infrastructure)
  • SDG 12 (Responsible consumption and production)
  • SDG 13 (Climate action)

Bossard's activities contribute to these SDGs through low-carbon footprint products and services, job creation, industrial modernization, resource-friendly production processes, promotion of the circular economy, and climate protection measures.

Sustainable Products & Innovation

  • ecosyn® product line
  • Fasteners made from new materials
  • MultiMaterial-Welding technologies
  • Smart Factory Logistics and Last Mile Management services

Awards & Recognition

  • Swiss Employer Award (one of the top employers in Switzerland)