Dear Ladies and Gentlemen,
We can look back on a very dynamic past year. The understanding of sustainability is changing and this affects us all. On the one hand, there were significant uncertainties and high volatility due to the war in Ukraine, ongoing disruptions in supply chains and regional sharply rising energy costs, interest rates and inflation affected the entire reporting period. On the other hand, there is increasing pressure from politicians, legislators and our stakeholders to meet the extensive regulatory requirements. It is clear that the transformation to net zero must take place. Only in this way can we live up to our responsibilities to today’s society, future generations, the environment and biodiversity, and so lead our company successfully into the future. This societal rethink is a first step in the right direction. For us as a company, an accurate assessment of the current situation is the next step – which is also essential for developing a strategy with objectives that extend to decarbonization. To do this, we have to know all the relevant facts and figures about our own ecological footprint. We still have a long way to go, particularly with regard to indirect emissions, but in the past year we have made significant progress and improved the processes for expanding data collection.