Climate Change Data

Cicor Technologies Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:11,963 tCO2e
Scope 1 Emissions:641 tCO2e
Scope 2 Emissions:11,322 tCO2e
Renewable Energy Share:19%
Total Energy Consumption:30,538 MWh
Water Consumption:77,432 m3
Waste Generated:963 tons
Carbon Intensity:31 tCO2e/Mio. CHF (2023)

ESG Focus Areas

  • Economic Value Creation
  • Environmental Management
  • Social Responsibility
  • Governance

Environmental Achievements

  • Installed photovoltaic plants on rooftops of Arad and Thuan An City sites; Wangs site to install additional solar farm in 2024.
  • Reduced Scope 1 and 2 carbon intensity from 38 tCO2e/Mio. CHF revenue to 31 tCO2e/Mio. CHF.
  • Developed and introduced a copper sludge recycling process at Boudry site with reduced carbon footprint.
  • Implemented operational excellence program globally to increase resource efficiency, including monthly monitoring of water consumption, waste, and scrap.

Social Achievements

  • Implemented Cicor Integrity Line to report misconduct anonymously.
  • Introduced new personnel regulations at Wangs site offering more vacation days and flexible working hours.
  • Initiated annual employee surveys at Bedford, Radeberg, and Dresden sites to measure employee satisfaction.
  • Developed a strategy to strengthen employer branding (implementation planned for 2024).

Governance Achievements

  • Introduced a Group Compliance Officer.
  • Updated Group’s risks and chances.
  • Launched projects to improve Cicor’s supplier management.
  • Implemented new KPIs and monthly recording of environmental data.
  • Held workshops to improve compliance knowledge at Wangs and Ulm sites; e-learning platform planned for 2024.

Climate Goals & Targets

Environmental Challenges

  • Shortage of qualified specialists in the labor market.
  • Global issues regarding long lead times for raw materials and availability issues for electronic components.
  • Complex, global, and multi-tiered supply chain requiring proactive management to ensure compliance.
  • Potential carbon emission levies on procured energy.
Mitigation Strategies
  • Workforce strategy to counter shortage of qualified specialists (structured integration programs, professional development, flexible working hours, attractive salaries).
  • Close customer contact and high product/service quality to retain customers.
  • Supplier assessment form and supplier self-assessment to mitigate supply chain risks.
  • Purchasing energy from certified renewable sources, replacing outdated equipment, improving building energy efficiency, and extending in-house electricity generation.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct (based on UN Declaration, ILO core work standards, Rio Declaration principles)
  • Compliance assessment using IntegrityNext (1325 suppliers assessed by end of 2023)
  • Compliance check for all new suppliers

Climate-Related Risks & Opportunities

Transition Risks
  • Potential carbon emission levies on procured energy
Opportunities
  • Increased energy efficiency and reduced energy consumption

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001, ISO 14001, ISO 27001, ISO 45001