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Sustainability at SFS

Despite the significant challenges of the last year – triggered by the COVID-19 pandemic – SFS still continued to systematically pursue its priorities in the area of sustainability. Ambitious targets were adopted, including a more than 90% reduction in emissions by 2030 and a roadmap on how to reach that goal. The number of work-related accidents was reduced by another –13.3%, thus putting the Group closer to reaching its mid-term goal of cutting this number by half by 2025.

Sustainable thinking and acting is part of our DNA

Being a worldwide leading supplier of mechanical fastening systems, assemblies, precision moulded parts and logistics solutions, sustainable business practices have been part of our DNA from day one. Together with our customers we develop and supply customised solutions for the most varied of industries and markets that offer sustained added value.

A hardware store that opened its doors more than 90 years ago in Altstätten, Switzerland, and the start-up of cold forming production for fasteners in 1960 formed the basis for today’s SFS Group: a global leader for mechanical fastening systems, precision parts and sub-assemblies, and logistics systems. The vision at the time – “every employee an entrepreneur” and “achieving sustainable success together” – has shaped our path over the years. This striving for sustainable success through true partnership is no less important to us today. It is firmly anchored in our core values and actively pursued inside and outside the company according to our value proposition of “Inventing success together”.

Sustainability in numbers

0%
Reduction of CO2 emissions
For scope 1 and 2 until 2030
0%
Fewer occupational accidents in 2020
Number is to be halved by 2025 (base year: 2019)
0%
Of all employees are in a dual education system
Target range of 5–7% again confirmed

Sustainability Success Stories

As value creator we develop ideas and solutions that generate added value in economic, environmental and social terms for you, our stakeholders. This commitment to sustainability is impressively demonstrated by the following sustainable success stories.

Five key topics identified

In the 2019 reporting year, SFS conducted extensive expert interviews and a corresponding analysis with the identified stakeholder groups as part of the materiality analysis. The materiality matrix shows an overview of the final consolidation and prioritization of the results. The following five topics were identified as material and are therefore currently the focus.