WALTER AG (GROUP)
Climate Impact & Sustainability Data (JUL 2024)
Reporting Period: JUL 2024
Environmental Metrics
ESG Focus Areas
- Environment
- Labor & Human Rights
- Ethics
- Sustainable Procurement
Environmental Achievements
- Environmental management system certification covers more than 75% of the assessed scope
- Water audit
- Use of alternative, less hazardous substances in operations
- Use of recovered input materials
- Specialized treatment and safe disposal of hazardous substances
- Environmental emergency measures in place
- Reduction of material consumption through process optimization
- Internal sorting & disposal of waste according to waste streams
- Reduction of internal wastes through material reuse, recovery or repurpose
- Regular noise measuring campaign
- Actions to prevent emissions of atmospheric pollutants
- Wastewater quality assessment
- On-site or off-site wastewater treatment facilities
- Training of employees on energy conservation/climate actions
- Purchase and/or generation of renewable energy
- Company-specific emergency preparedness and response procedure regarding customer health and safety
- Purchase of verified carbon offset credits
- Improvement of energy efficiency through technology or equipment upgrades
- ISO 50001 certified
- ISO 14001 certified
- Use of waste heat recovery system(s) or combined heat and power unit(s)
- Training employees to safely handle and manage hazardous substances
- Energy efficient cooling options implemented on key products
- Actions for labeling, storing, handling and transporting hazardous substances
- Company-specific recycle or reuse programs
- Control of wastewater generated in finishing operations such as quenching and deburring
- Work processes or technologies implemented to mitigate emissions of dust and/or particulate matter
- Dedicated feedback channel on health & safety issues of products
- Formal lifecycle analysis performed on key products
- Company awareness program for customers on health & safety issues associated with products/services
Social Achievements
- Labor and human rights management system certification covers more than 75% of the assessed scope
- Actions in place to ensure health and safety of non-employee workers and other contracted workers on premises
- Skills development program tailored to employee needs
- Actions to control hazardous substance exposure
- Equipment safety inspections or audits
- Employee health and safety emergency action plan
- Other proactive actions to prevent child and/or forced labor
- Family Friendly programs implemented
- Affinity or other support groups for minorities/vulnerable groups
- ISO 45001 certified
- Compensation for extra or atypical working hours
- Communication to all employees of remuneration process
- Employee satisfaction survey
- Collective bargaining agreement on career management & training
- Collective bargaining agreement on working conditions
- Collective bargaining agreement on employees’ health & safety
- Flexible organization of work
- Health care coverage of employees in place
- Awareness training on child labor, forced labor and human trafficking
- Grievance mechanism on discrimination and/or harassment issues
- Awareness training regarding diversity, discrimination, and/or harassment
- Employee representatives or employee representative body
- Employee health & safety risk assessment
- Grievance mechanism on child labor, forced labor and/or human trafficking issues
- Regular assessment of individual performance
- Regular employee health check-up
- Actions to prevent noise exposure
- Actions to promote the inclusion of employees with disabilities
- Individual development and career plan for all employees
- Training of employees on health and safety risks and best working practices
Governance Achievements
- Endorsement of the United Nations Global Compact
- Policy on fraud
- Policy on conflict of interest
- Disciplinary sanctions to deal with policy violations
- Policy on information security
- Policies on corruption
- Dedicated responsibility for ethics issues
- Whistleblower procedure for stakeholders to report information security concerns
- Whistleblower procedure for stakeholders to report corruption and bribery
- Information security due diligence program on third parties in place
- Incident response procedure to manage breaches of confidential information
- Implementation of a records retention schedule
- Information security risk assessments performed
- Audits of control procedures to prevent information security breaches
- Awareness training to prevent information security breaches
- Corruption risk assessments performed
- Measures to protect third party data from unauthorized access or disclosure
- Measures for gaining stakeholder consent regarding the processing, sharing and retention of confidential information
- Audits of control procedures to prevent corruption
- Specific approval procedure for sensitive transactions
Climate Goals & Targets
Environmental Challenges
- Insufficient reporting on labor and human rights issues
- No information on average hours of training per employee
- No information regarding reporting on living wage issues
- No conclusive documentation on awareness training to prevent corruption and bribery
- No conclusive documentation regarding an anti-corruption due diligence program on third parties
- No conclusive documentation on the integration of social or environmental clauses into supplier contracts
Mitigation Strategies
- Corrective Action Plan in progress
Supply Chain Management
Responsible Procurement
- Supplier sustainability code of conduct in place
- Grievance mechanism allowing any interested parties to voice and record concerns on conflict minerals
- Selected suppliers required to fill Conflict Minerals Reporting Template (CMRT)/other customized conflict mineral-related questionnaire
- Investigation or traceability system of the supply chain on conflict minerals due diligence
- Detailed conflict minerals risk analysis across the supply chain
- Formal assessment of suppliers' progress with regards to REACH requirements
- Capacity building of suppliers on environmental or social issues
- On-site audits of suppliers on environmental or social issues
- Regular supplier assessment on environmental or social practices
- Training of buyers on social and environmental issues within the supply chain
- Sustainability risk analysis
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Universal Standards
Certifications: ISO 14001, ISO 45001, ISO 50001
Awards & Recognition
- Gold Medal