LPKF Laser & Electronics SE
Climate Impact & Sustainability Data (2019, 2020, 2021, 2022, 2023)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Value creation
- Employees
- Society
- Environment
- Quality
Environmental Achievements
- 709 t of CO₂ emissions (a reduction of 56% over the past two years) due to conversion to green electricity.
- Reduced gas consumption at Suhl site (60.98 t pellets in 2019 vs 72.86 t in 2018).
Social Achievements
- Achieved an error rate of 48 (target was not to exceed 50), improving product quality.
- Launched an employee stock program with 47.7% participation rate at German locations.
- Implemented idea management system leading to cost reductions and efficiency improvements.
- Five reportable accidents with 89 days lost due to accidents.
Governance Achievements
- Introduced a Group-wide mandatory online compliance training for all employees.
- Established a whistleblowing management system.
- No incidents of corruption reported.
Climate Goals & Targets
- Maintain an R&D budget of approx. 10% of revenue.
Environmental Challenges
- High CO2 emissions from business travel (3,162 t of CO₂ in total).
- Increased waste volume (127.4 t in 2019 vs 101.98 t in 2018) due to higher production capacity utilization.
- Potential risks associated with the development of new laser-based technologies.
Mitigation Strategies
- Switching to green gas at Fürth and Garbsen sites (January 1, 2020).
- Measures to reduce the number of flights, combine individual trips, and increase use of video conferences.
- Replacing domestic flights with rail travel.
- Continual optimization of energy and resource use.
- Comprehensive information and training on risks associated with laser sources for customers and employees.
Supply Chain Management
Supplier Audits: 100% at the Garbsen site for suppliers set up in the reporting period
Responsible Procurement
- Suppliers must observe all relevant legislation governing employee relations, environmental protection and occupational safety.
- Suppliers must comply with the principles of the UN Global Compact initiative.
- Suppliers must rule out the use of “conflict minerals”.
Climate-Related Risks & Opportunities
Opportunities
- Lower tool costs and more energy-efficient operations with laser technology.
- Displacement of chemical processes in certain applications.
- Increased effectiveness of solar cells.
Reporting Standards
Frameworks Used: GRI
Certifications: DIN EN ISO 9001, ISO 45001
Third-party Assurance: KPMG AG Wirtschaftsprüfungsgesellschaft
Sustainable Products & Innovation
- LIDE (laser-induced deep etching) technology
- CleanCut technology
- Laser systems for the production of thin-film solar modules
Awards & Recognition
- 2017 Productronica Innovation Award
- 2019 SID Honorary Award at Display Week
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Value creation/Quality
- Employees
- Environment
- Society
Environmental Achievements
- Reduced CO₂ emissions by 37% over the past 3 years (from 709 tons to 456.5 tons)
- Increased green electricity share to 86.21% at production locations (82.16% including sales companies)
- Reduced total waste volume from 127.4 tons to 79.2 tons (84.6 tons including sales companies)
- Implemented water processing plant in new LIDE glass foundry, recycling 99% of rinsing water.
Social Achievements
- Established employee stock program with 47.9% participation rate
- Reduced turnover rate from 14.37% in 2018 to 6.41% in 2020
- Implemented idea management system
- Provided various health and wellbeing initiatives (fruit, commuter ticket and cycle-to-work offers)
Governance Achievements
- Introduced a Compliance Code and mandatory online compliance training
- Established a whistleblowing management system
- No incidents of corruption reported
Climate Goals & Targets
- Carbon-neutral production by 2030
- Reduce CO₂ emissions from travel by 70% compared with 2019 by 2030
- 90% green electricity throughout the Group by 2024
- Achieve >80% recyclable materials by 2025
Environmental Challenges
- High CO₂ emissions from business travel
- Maintaining high product quality with short development cycles
- Potential risks associated with the use of laser sources
- Maintaining a low error rate
Mitigation Strategies
- Reducing business travel through remote service visits and video conferencing
- Continuous improvement of product quality through design changes and error reduction strategies
- Comprehensive customer information and training on laser safety
- Continuous monitoring and improvement of error rate (reduced from 70 in 2018 to 34 in 2020)
Supply Chain Management
Supplier Audits: Annual supplier evaluation for 80% of annual purchasing volume
Responsible Procurement
- Supplier Code of Conduct requiring adherence to UN Global Compact principles, ban on forced and child labor, respect for human and employee rights, compliance with environmental standards and anti-corruption legislation
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products and processes
Reporting Standards
Frameworks Used: GRI
Certifications: DIN EN ISO 9001
UN Sustainable Development Goals
- Decent work and economic growth
- Industry, innovation and infrastructure
- Affordable and clean energy
- Responsible consumption and production
- Climate action
- Gender equality
- Quality education
LPKF's strategy and products contribute to these SDGs.
Sustainable Products & Innovation
- CleanCut technology
- LIDE technology
- Laser systems for thin-film solar modules
- ARRALYZE technologies for life sciences
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Value creation/Quality
- Employees
- Environment
- Society
Environmental Achievements
- Proportion of recyclable materials in total waste volume increased from 54% to 56%
- Proportion of green electricity at production sites increased to 98.93% (100% by year-end)
- ISO 14001 certification for environmental management system
Social Achievements
- ISO 45001 certification for occupational safety management system
- Turnover rate decreased from 6.41% to 5.02%
- Increased proportion of women in executive positions to 16.2% (from 14.8%)
- Four charitable community projects at German sites
- 31.2% employee participation in community projects
Governance Achievements
- Established a whistleblowing management system
- Intensified focus on fraud and money laundering prevention
- No incidents of corruption reported
- UN Global Compact membership since November 2021
Climate Goals & Targets
- Achieve carbon-neutral production by 2030
- Achieve 100% electric vehicles in company fleet by 2030
- Reduce CO2 emissions from traveling by 70% by 2030
- Reduce carbon footprint per output by 30% by 2025
- Achieve 25% electric vehicles in company fleet by 2025
- Increase recycling rate to ≥80% by 2025
- Reduce carbon footprint per output by 10% by 2023
- Increase proportion of women in first management level to ≥17% and second management level to ≥23% by June 30, 2022
- Increase training days per employee to 1.5 by 2025
Environmental Challenges
- Increased CO2 emissions due to expanded data acquisition (including freight data)
- Need to reduce non-recyclable materials and hazardous waste
- Need to further improve recycling rate
- Risks associated with the development of new laser-based technologies
Mitigation Strategies
- Initiated measures to reduce gas consumption
- Plan to conduct an energy audit in 2023
- Installed a water processing plant in the LIDE foundry to recycle rinsing water
- Comprehensive safety standards in dealing with hazardous substances
- Annual substitution survey for hazardous substances
- Measures to reduce CO2 emissions from travel and freight
- Plan to make production carbon neutral by 2030
- Conversion of company fleet to electric vehicles by 2030
Supply Chain Management
Supplier Audits: Annual supplier evaluation for 80% of direct annual purchasing volume; ESG aspects incorporated into evaluation
Responsible Procurement
- Supplier Code of Conduct requiring adherence to UN Global Compact principles, ban on forced and child labor, respect for human rights, and compliance with environmental standards and anti-corruption legislation
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001, ISO 45001
Third-party Assurance: KPMG AG Wirtschaftsprüfungsgesellschaft (Limited Assurance)
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 9 (Industry, innovation and infrastructure)
- Goal 8 (Decent work and economic growth)
- Goal 12 (Responsible consumption and production)
LPKF's corporate strategy and products contribute significantly to these goals
Sustainable Products & Innovation
- CleanCut technology
- StencilLaser technology
- LIDE technology
- Chemical-free semiconductor prototyping
- Systems for manufacturing thin-film solar modules
- ARRALYZE technology for high-throughput screening of cells
- Laser welding of plastics
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Value creation/Quality
- Employees
- Environment
- Society
Environmental Achievements
- Reduced CO₂ emissions per revenue from 41 tCO2e/€ to 32 tCO2e/€
- Increased proportion of recyclable materials in total waste volume from 56% to 68%
- Achieved 99.2% green electricity at production locations
Social Achievements
- Increased proportion of women at first management level from 18% to 27%
- Implemented employee stock program with 40.45% participation rate
- Reduced LTIFR from 0.9% to 0.4%
Governance Achievements
- Established a whistleblowing management system
- Implemented a compliance code with annual training for all employees
- Management Board remuneration linked to ESG performance since 2021
Climate Goals & Targets
- Not disclosed
- Achieve carbon-neutral production by 2030
- Reduce CO₂ emissions from traveling by 70% by 2030
- 100% electric company fleet by 2030
- Reduce carbon footprint per output by 10% by 2023, 30% by 2025
- Increase proportion of recyclable materials to ≥80% by 2025
- Increase training days per employee to 1.5 by 2025
Environmental Challenges
- High freight and travel emissions
- Increasing hazardous waste due to LIDE foundry expansion
- Data limitations for some ESG metrics
Mitigation Strategies
- Investing in renewable energy sources (PV systems)
- Implementing measures to reduce travel emissions (video conferencing, remote service)
- Installing a water processing plant to recycle rinsing water in LIDE foundry
- Continuous improvement of data collection and reporting
Supply Chain Management
Supplier Audits: >65% of direct purchasing volume assessed; 80% of preferred and key suppliers assessed in detail
Responsible Procurement
- ESG criteria included in supplier selection, qualification, and annual evaluation
- Supplier Code of Conduct requiring compliance with UN Global Compact principles
- Exclusion of conflict minerals
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 9001, ISO 14001, ISO 45001
Third-party Assurance: KPMG AG Wirtschaftsprüfungsgesellschaft
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 9 (Industry, innovation and infrastructure)
- Goal 12 (Responsible consumption and production)
LPKF's products and strategies contribute to these goals through energy-efficient solutions, sustainable manufacturing processes, and promotion of resource efficiency in various industries.
Sustainable Products & Innovation
- CleanCut technology
- StencilLaser technology
- LIDE technology
- Chemical-free semiconductor prototyping
- Highly efficient thin-film photovoltaics
- ARRALYZE technology
- Laser welding of plastics
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Value creation/Quality
- Employees
- Environment
- Society
Environmental Achievements
- Reduced CO₂ emissions in the Group (in t)* 2,900 (2023) from 3,998 (2022)
- Increased proportion of recyclable materials in the total waste volume (in %) 80.7 (2023) from 68.0 (2022)
- 99.6% green electricity at production locations (2023)
Social Achievements
- Increased proportion of women at first management level to 36% (2023) from 27% (2022)
- Decreased sickness rate at production sites to 6.15% (2023) from 6.77% (2022)
- Launched "LPKF moves you" initiative promoting employee health and social commitment
- 100% Trainee hiring rate
Governance Achievements
- Reorganized Supervisory Board
- ESG targets included in Management Board and senior executive remuneration
- Became an official member of the UN Global Compact in November 2021
Climate Goals & Targets
- Carbon-neutral production by 2030
- 100% electric company fleet by 2030
- Achieve 80% recyclable materials in total waste generation by 2025
- 25% electric mobility in company cars by 2025
- 30% female executives at management level 1 and 20% at level 2 by 2027
- Reduce water consumption responsibly
- Achieve 1.5 training days per employee by 2025
- Reduce CO2 emissions from traveling by 70% by 2030
Environmental Challenges
- Reducing CO₂ emissions from travel and freight
- Maintaining low error rate
- Managing risks associated with new laser-based technologies
Mitigation Strategies
- Gradual conversion of vehicle fleet to electric vehicles
- Commissioning of a new solar installation at headquarters
- Supporting a climate protection project to build a solar power plant in India
- Continuous improvement of processes and structures regarding key sustainability aspects through the "Beaming Sustainability" project
- Idea management system to improve processes and reduce error rate
- Comprehensive training and information for customers and employees on risks associated with laser sources
Supply Chain Management
Supplier Audits: 64% of direct purchasing volume assessed with ESG questionnaire and spot-checked through audits in 2023; 100% of preferred and key suppliers assessed in detail using LPKF ESG questionnaire
Responsible Procurement
- ESG criteria considered during supplier selection, qualification, and annual evaluation
- Supplier Code of Conduct requiring adherence to UN Global Compact principles
- Requirements for excluding conflict minerals
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 9001, ISO 14001, ISO 45001
Third-party Assurance: Baker Tilly GmbH & Co. KG Wirtschaftsprüfungsgesellschaft
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 9 (Industry, innovation and infrastructure)
- Goal 12 (Responsible consumption and production)
Company strategy and products contribute significantly to these goals
Sustainable Products & Innovation
- CleanCut technology
- StencilLaser technology
- LIDE technology
- Chemical-free semiconductor prototyping
- Highly efficient thin-film photovoltaics
- ARRALYZE technology
- Laser welding of plastics
Awards & Recognition
- Not disclosed