Climate Change Data

Environmental Metrics

ESG Focus Areas

• Energy and emissions
• Corporate success and jobs
• Regional value

Environmental Achievements

• Operation and maintenance of hydropower plant in Ernsbach and photovoltaic plant in Dörzbach, increasing renewable energy share.
• Expansion of photovoltaic systems in Dörzbach.
• Operation of a battery storage system for peak load capping.
• Implementation of projects to reduce heating oil consumption and improve energy generation/use.
• Completion of three projects in Dörzbach resulting in savings of 711,985 kWh and 1,345,997 kWh.
• Completion of nine projects in Ernsbach resulting in savings of 1.44 million kWh.
• Annual energy-saving training for employees.
• Compensation of unavoidable GHG emissions.
• Creation of an overall energy concept for the Dörzbach site.
• Expansion of grid connection for further growth with connection to renewable energy plant parks.
• Construction of infrastructure for e-mobility (charging stations).

Social Achievements

• Extensive investments in Hohenlohe sites (€24.8 million in 2023).
• Offering a wide range of dual training and study places.
• Continuous expansion of jobs at the Dörzbach site.
• Creation of 84 jobs (68 apprentices, 14 dual students).
• Implementation of various employee wellbeing initiatives (e.g., flexible working hours, parental leave support, vaccination opportunities, 25-euro campaign, Christmas vouchers, free drinks).

Governance Achievements

• Introduction of compliance training in a digital learning management system.
• Appointment of an IT Compliance Specialist and Information Security Officer.
• Implementation of the multiple-eye principle for important decisions.
• Strict adherence to legal and Group-wide compliance requirements.
• Implementation of a compliance management system.
• Introduction of Group-wide security guidelines for IT security.

Climate Goals & Targets

Environmental Challenges

• Initially increased electricity consumption due to investments in new machinery and buildings.
• Difficult economic conditions in 2023.
• Potential risks related to human rights, employee wellbeing, and environmental concerns.

Mitigation Strategies

• Consistent measures to counteract increased electricity consumption (e.g., solar and hydroelectric power generation).
• Investments in production sites despite difficult economic conditions.
• Implementation of various measures to address potential risks (e.g., annual training, employee surveys, Works Council, check-out meetings, compliance officer).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Integration of environmental protection and energy management into quality assurance agreement with suppliers.
• Requirement of environmental management system (ISO 14001) and energy management system (ISO 50001) for suppliers.
• Development of questionnaire for smaller companies.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, UN Global Compact

Certifications: ISO 9001, IATF 16949, ISO 45001, ISO 50001, ISO 14001, CQI-9, CQI-11

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 4
• SDG 3
• SDG 1
• SDG 2
• SDG 8
• SDG 7
• SDG 6
• SDG 5
• SDG 12
• SDG 11
• SDG 10
• SDG 9
• SDG 16
• SDG 15
• SDG 14
• SDG 13
• SDG 17

The report maps the company's principles to the UN SDGs.

Sustainable Products & Innovation

• Powertite® (resource-saving fastener)
• TriPress® Plus joining process
• Flowform® generation
• REMFORM® II HS™

Awards & Recognition

• familyNET 4.0 Award 2023
• Supplier of the Year 2023 (STIHL)
• Würth Fire Protection Award