Climate Change Data

Environmental Metrics

ESG Focus Areas

• Customer satisfaction
• Data security in products
• Financial performance
• Innovation capacity
• Integrity & compliance
• Product performance & quality
• Supply chain resilience
• Development & training
• Safety & health
• Satisfaction & work-life balance
• Decarbonization
• Energy efficient products
• Green supply chain
• E-waste reduction / circular economy
• Harmful chemicals
• Waste (other than e-waste)
• Diversity & equality
• Human rights / responsible sourcing
• Inclusion
• Social Engagement

Environmental Achievements

• Purchased electricity from 100% renewable energy sources.
• Implemented subsidies for employees to use public transport and participate in Business Bike program to reduce commuting emissions.
• Reduced environmental impact by decreasing travel and using digital tools for meetings.

Social Achievements

• Created a new full-time position for sustainability management.
• Achieved a low employee turnover rate of 1.01% (previous year: 2.07%).
• Increased spending on employee training to €500,000 (previous year: €394,000).
• Implemented the Basler Academy for online employee training.
• Maintained a sickness rate of 4.69% (previous year: 4.72%) and an occupational accident rate of 0.02% (previous year: 0.00%).
• Launched a High Potential Program with a focus on promoting women in management positions (6 employees selected, 3 women promoted).

Governance Achievements

• Implemented a new innovation macro process focusing on identifying technology trends, customer problems, and increasing innovation speed.
• Established an innovation team with a dedicated R&D budget.
• Published a conflict minerals policy and implemented a monitoring process.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions (details in Opportunities and Risk Report)
• Cyberattack (measures taken to increase data security and resilience)
• Meeting female quota targets in executive and department management positions.

Mitigation Strategies

• Implemented measures to increase data security and resilience after a cyberattack.
• High Potential Program to promote women in management positions.
• Addressing supply chain resilience in the Opportunities and Risk Report.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Conflict minerals policy, code of conduct for suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Employee Well-being
• Diversity & Inclusion
• Supply Chain Responsibility
• Compliance

Environmental Achievements

• Reduced average material weight and energy consumption of cameras over 14 years.
• Implemented a strategic initiative for environmental sustainability to continuously monitor and improve climate and environmental impacts.

Social Achievements

• Achieved a 3.2% employee turnover rate.
• All 6 apprentices graduating in 2022 were offered permanent positions.
• 13 temporary workers were hired permanently.
• 28.6% female executives and 27.5% female department heads.
• Consistently certified as a family-friendly company since 2011.

Governance Achievements

• Implemented a structured innovation process.
• Increased R&D spending to 12.3% of revenue.
• Established a dedicated sustainability management position.
• Two cases of discriminatory harassment were investigated and addressed with disciplinary actions.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to extreme weather events (long-term, low probability).
• Potentially rising energy costs due to delayed renewable energy expansion.
• Addressing indirect emissions (Scope 3) from product use.
• Ensuring human rights and labor standards across the supply chain.
• Attracting and retaining highly skilled employees.

Mitigation Strategies

• Established risk management processes to adapt to supply chain disruptions.
• Energy-saving renovations planned at headquarters.
• Strategy and measures developed to reduce energy consumption of Basler products.
• Supplier audits and due diligence processes to ensure compliance with Basler's Code of Conduct.
• Offering attractive working conditions, flexible work arrangements, and training opportunities.

Supply Chain Management

Supplier Audits: Audits before contract signing and every two years or as needed; ~45% of total purchasing volume covered by the extended supplier standard in 2022.

Responsible Procurement

• Basler Code of Conduct
• Conflict Minerals Policy
• RoHS 3.0 and REACH compliance

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Flooding
• Heat and water stress

Transition Risks

• Rising energy costs

Opportunities

• Focus on customers in sustainable industries (e.g., photovoltaics, batteries, agriculture).
• Reducing energy consumption of Basler products.

Reporting Standards

Frameworks Used: §289 HGB, EFRAG (partially)

Certifications: ISO 9001

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

• Cameras and framegrabbers with reduced energy consumption and material weight.

Awards & Recognition

• Axia Award for excellent corporate management (2022)

Environmental Metrics

ESG Focus Areas

• Climate change
• Circular economy
• Employee matters
• Supply chain responsibility
• Compliance and business practices

Environmental Achievements

• Developed a transition plan to achieve net-zero emissions in Scopes 1 and 2 by 2030 and significant reduction in Scope 3 emissions.
• Will obtain 100% green electricity from January 1, 2024 for Basler AG.

Social Achievements

• Offered various flexible working arrangements including part-time employment, remote work, sabbaticals, and workation.
• Maintained a good and cooperative relationship with employee representatives.
• No work-related fatalities or serious injuries in 2023.

Governance Achievements

• Honored with the Axia Award for excellence in corporate management.
• Maintained ISO 9001 quality management certification.
• Investigated and addressed a case of discriminatory harassment.

Climate Goals & Targets

Environmental Challenges

• Significant sales crisis in 2023 necessitating personnel reduction and restructuring.
• Disruptions to data streams from specialist departments due to restructuring.
• High employee turnover rate (around 20%).
• Incomplete data for 2023 accounting year for some metrics.

Mitigation Strategies

• Maintained sustainability course without resource cutbacks.
• Adjusted future investments to align with actual sales results.
• Implemented flexible working models, resilience training, and project reprioritization to manage workload.
• Postponed some sub-projects due to short-time working.

Supply Chain Management

Supplier Audits: Random checks at supplier, material, and component levels.

Responsible Procurement

• Basler Code of Conduct
• Basler Corporate Guideline on Conflict Minerals

Climate-Related Risks & Opportunities

Physical Risks

• Limited direct physical risks from climate change.

Transition Risks

• Potential rising energy costs.

Opportunities

• Focus on GreenTech sector customers.
• Reducing energy consumption of Basler products.

Reporting Standards

Frameworks Used: GRI, EU Taxonomy

Certifications: ISO 9001

Third-party Assurance: Limited assurance by the Supervisory Board and Audit Committee

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Axia Award for excellence in corporate management