Bystronic
Sustainability
Report 2021
2
Content
Introduction | 3 |
Message from our CEO | 4 |
Sustainability Highlights | 5 |
About Bystronic | 6 |
Our Sustainability Strategy | 11 |
Framework | 12 |
Governance and Responsible | |
Business Conduct | 13 |
Organizational Governance | |
and Responsible Business Conduct | 14 |
Our Contribution to the SDGs | 16 |
Materiality Process | 17 |
Stakeholder Engagement | 18 |
Framework
Empowered People | 19 |
Why are Empowered People | |
Important for Bystronic? | 20 |
Diversity & Inclusion | 22 |
Workplace | 24 |
Talent Development | 26 |
Sustainable Solutions | 29 |
Why are Sustainable Solutions | |
Important for Bystronic? | 30 |
Decarbonization | 32 |
Resource Efficiency & | |
Circular Economy | 35 |
Responsive Business | 37 |
Why is Responsive Business | |
Important for Bystronic? | 38 |
Sustainable Services | 40 |
Supply Chain | 44 |
Partnerships | 46 |
Data and Performance | 48 |
General Data | 49 |
Empowered People | 50 |
Sustainable Solutions | 52 |
Responsive Business | 54 |
Annex | 55 |
About this Report | 56 |
Glossary | 57 |
GRI Content Index | 60 |
Interactive elements Pages marked with this icon contain interactive elements.
Bystronic Sustainability Report 2021
Governance and Responsible | 3 | ||||||
Introduction | Business Conduct | Empowered People | Sustainable Solutions | Responsive Business | Data and Performance | Annex |
Introduction
Bystronic has integrated its purpose and ESG into its Strategy 2025. At Bystronic, our purpose includes our commitment towards creating an impact for a sustainable future with sheet metal and beyond.
We want to advance the sustainability and future viability of sheet metal as a material, our customers' business, and our industry. This is Bystronic's very first Sustainability Report, laying the foundations upon which we will continuously expand our insight into our industry's impact on the environment. Next year, for example, we will define specific KPIs and targets that will enable us to track and improve our sustainability efforts.
Bystronic Sustainability Report 2021
Governance and Responsible | 4 | ||||||
Introduction | Business Conduct | Empowered People | Sustainable Solutions | Responsive Business | Data and Performance | Annex |
Message from our CEO
GRI 2-22
Dear reader,
It gives me great pleasure to present you our very first Sustainability Report. Following the success ful transformation of Conzzeta, we embarked on our journey as a stand-alone company listed on the Swiss Stock Exchange in early 2021.
From the outset, our focus has been to create sustainability at the roots of our company and to integrate ESG into our Strategy 2025. Our focus is to generate the greatest impact for our company, our customers, and the environment. Hence, we developed our material topics in alignment with the United Nations Sustainable Development Goals (SDGs).
Bystronic is actively driving change across our entire organization and industry. With our legacy in innovation, we are passionate about creating a sustainable future with sheet metal and beyond. We are accelerating our efforts to advance low-carbon technologies based on the understanding that this will not only benefit us and our customers, but also achieve a positive impact on society at large. We see sustainability as a collaborative effort to advance our industry towards zero carbon emissions in order to
adhere to the commitments made under the Paris Agreement and the Greenhouse Gas Protocol. We are working diligently to improve sustainability by applying innovative ideas from both inside and outside our company. Our partnerships with progressive startups helps us stay ahead of the curve, and we are confident that these strategies will bring us closer to achieving our sustainability goals.
At Bystronic, we are accelerating our efforts to improve energy- and resource efficiency as key drivers to mitigate rising energy prices. One approach we are taking is to use less energy- intensive materials for our own production in order to become more circular; another is to engineer solutions that offer even longer service lives and require less energy to operate.
Our employees around the globe are at the heart of our sustainability efforts. It is not just a strategy but an intrinsic motivation that each and every one of us must embrace. At Bystronic, we are proud of the many initiatives our employees are putting forward and implementing to improve sustainability for us, for our customers, and for our entire industry.
I invite you all to become part of this journey.
Alex Waser
CEO
Alex Waser, CEO
"From the outset, our focus has been to create sustainability at the roots of our company and to integrate ESG into our Strategy 2025."
Bystronic Sustainability Report 2021
Governance and Responsible | 5 | ||||||
Introduction | Business Conduct | Empowered People | Sustainable Solutions | Responsive Business | Data and Performance | Annex |
Sustainability Highlights
In 2021, Bystronic focused its attention on creating a holistic sustainability strategy from the ground up. In a first step, we aligned our purpose with the Sustainable Development Goals. Then, we analyzed all of our existing sustainability efforts and developed a materiality assess- ment. This assessment formed the basis for our materiality framework, which is aligned with our governance and risk man- agement. Our Sustainability Council ensures that all sustainability issues are implemented throughout our organization.
* Ratio between net sales from products launched within the last three years and total net sales
Milestones
First global carbon footprint for Scope 1, 2, and 3 (in 2021)
Decision to include ESG criteria in the compensation of the management
Comprehensive materiality assessment completed
Establishment of the
Sustainability Council
Dissemination of the ESG mindset into key Group functions and establishment of sustainable engineering function to tackle Scope 3 emissions
50%Innovation
Innovation ratio*
Share of innovations co-created with customers/partners
in %
60 | 59 | |
55 | 56 | |
53 | ||
50 | ||
45 | ||
40 | ||
2019 | 2020 | 2021 |
8.4% 78%
Share of R&D | of the startups we work |
expenses dedicated to | with are involved in R&D |
sustainability projects | projects that contribute |
towards sustainability |
Bystronic Sustainability Report 2021
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Bystronic AG published this content on 24 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 October 2022 16:21:06 UTC.