Metall Zug AG 2020 AR2
The report highlights Metall Zug Group's strategic transformation from an industrial group into a holding company, marked by the successful spin-off of V-ZUG in 2020. Despite the challenges of the COVID-19 pandemic, which impacted sales in the Medical Devices and Wire Processing units, the Infection Control unit confirmed its turnaround with a positive operating result. In terms of sustainability, the group gathered key performance indicators for all Swiss sites for the first time and continued its commitment to carbon-neutral production. Additionally, the group's contractually agreed internal CO2 levy raised CHF 2 million by the end of 2020 to fund local climate protection measures.
Company: Metall Zug AG
Sector: Manufacturing
Country: Switzerland
Year: 2020
Type: AR2
Pages: 102
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Metall Zug AG
Annual Report
The report highlights Metall Zug Group's strategic transformation from an industrial group into a holding company, marked by the successful spin-off of V-ZUG in 2020. Despite the challenges of the COVID-19 pandemic, which impacted sales in the Medical Devices and Wire Processing units, the Infection Control unit confirmed its turnaround with a positive operating result. In terms of sustainability, the group gathered key performance indicators for all Swiss sites for the first time and continued its commitment to carbon-neutral production. Additionally, the group's contractually agreed internal CO2 levy raised CHF 2 million by the end of 2020 to fund local climate protection measures.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees