| Explanation regarding use | SFS prepared this report for the period from January to December 2022 in compliance with the GRI-Standards. |
| GRI 1 used | GRI 1: Foundation 2021 |
| Applicable GRI sector standard(s) | To date, there is no applicable sector standard. |
SFS Group AG, Rosenbergsaustrasse 8, 9435 Heerbrugg, Switzerland
Annual Report, Corporate Governance, Group structure & shareholders, p. 34
Financial Report, Group structure, p. 92 ff.
Scope: Material production sites where SFS owns a stake of ≥50% and employs more than 50 people and sites where SFS owns a stake of ≥50% and employs more than 5 people. 53 entities in the year under review (PY 38 sites).
The 2022 Sustainability Report was approved by the Group Executive Board and duly noted by the Board of Directors. In the future, the Sustainability Report will also be approved by the Board of Directors as part of the Annual Report.
→ Annual Report, Corporate Governance
All members of the Board of Directors have taken various steps during the year under review to expand their knowledge on the topic of sustainability. These efforts included workshops/training, regular exchanges of information with audit firms, communication with peers, the reading of specialized literature.
→ Annual Report, Corporate Governance:
SFS does not currently have a centralized system in place for managing salary payments; the information requested cannot be calculated due to the insufficient data basis.
In the year under review, SFS was not affected by any material instance of non-compliance and/or no instance of non-compliance was reported to the organization.
SFS is an active member of the associations and interest groups listed above and supports the organizations both financially and through the provision of personnel.
At the end of the year under review, 38% (PY 20%) of all employees were covered by collective bargaining agreements; this increase is attributable to the acquisition of the Hoffmann Group.
Information regarding renewable materials used is not currently available or not available in full; the process for collecting the required data will be implemented in 2023 and the data is expected to be assessed for the first time at the end of the 2024 reporting year.
Information regarding recycled input materials used is not currently available or not available in full; the process for collecting the required data will be implemented in 2023 and the data is expected to be assessed for the first time at the end of the 2024 reporting year.
Currently not applicable: Once the products (primarily high-precision components and fastening solutions) have been installed in a customer’s product, SFS does not have any opportunity to recover or recycle them.
Information regarding the reduction of energy consumption is not currently available or not available in full; the process for collecting the required data is currently being wrapped up and information about this topic will be published for the first time in the 2023 report.
Information regarding reductions in energy requirements of products and services is not currently available or not available in full; the process for collecting the required data is currently being wrapped up and information about this topic will be published for the first time in the 2023 report.
Information regarding the reduction of GHG emissions is not currently available or not available in full; the process for collecting the required data is currently being wrapped up and information about this topic will be published for the first time in the 2024 report.
Not applicable: According to our in-house life cycle assessment, the emissions of ozone-depleting substances amounts to 0.01%.
Information regarding the nitrogen oxides, sulfur oxides, and other significant air emissions is not currently available or not available in full; the process for collecting the required data is currently being wrapped up and information about this topic will be published for the first time in the 2023 report.
Information regarding new suppliers that were screened using environmental criteria is not currently available or not available in full: An online assessment was launched in 4Q22 and, within the scope of this assessment, the first suppliers underwent standardized screening using environmental criteria; representative results for the majority of SFS’s suppliers and the corresponding data analysis will be published for the first time in the 2023 report.
Environment: Transparent supply chains and active supplier management
Information regarding negative environmental impacts in the supply chain and actions taken is not currently available or not available in full: An online assessment was launched in 4Q22 and, within the scope of this assessment, the first suppliers underwent standardized screening using environmental criteria; representative results for the majority of SFS’s suppliers and the corresponding data analysis will be published for the first time in the 2023 report.
Environment: Transparent supply chains and active supplier management
Information regarding the average hours of training per year per employee is not currently available or not available in full; the process for collecting the required information will be implemented in 2024 and information about this topic will be published for the first time in the 2025 report.
Information regarding programs for upgrading employee skills and transition assistance programs is not currently available or not available in full; the process for collecting the required data is currently being wrapped up and information about this topic will be published for the first time in the 2023 report.
Information regarding diversity of governance bodies and employees is not currently available or not available in full; the process for collecting the required data is currently being wrapped up and information about this topic will be published for the first time in the 2023 report.
Information regarding the ratio of basic salary and remuneration of women to men is not currently available or not available in full; the process for collecting the required data is expected to be implemented on a Group-wide basis in the next two to three years.
Information regarding new suppliers that were screened using social criteria is not currently available or not available in full: An online assessment was launched in 4Q22 and, within the scope of this assessment, the first suppliers underwent standardized screening using social criteria; representative results for the majority of SFS’s suppliers and the corresponding data analysis will be published for the first time in the 2023 report.
Information regarding negative social impacts in the supply chain and actions taken is not currently available or not available in full: An online assessment was launched in 4Q22 and, within the scope of this assessment, the first suppliers underwent standardized screening using social criteria; representative results for the majority of SFS’s suppliers and the corresponding data analysis will be published for the first time in the 2023 report.
