SFS Group AG 2023 SR
The report highlights SFS Group's progress in 2023, including a 7.6% reduction in absolute Scope 1 and 2 emissions and a commitment to the Science Based Targets initiative (SBTi). The company achieved a 58.5% reduction in greenhouse gas emission intensity compared to its 2020 baseline, moving closer to its 90% reduction target for 2030. Despite a temporary increase in nuclear energy use in Switzerland, SFS expanded its self-generated renewable energy capacity with new photovoltaic systems in China and Switzerland. The report also details advancements in sustainable product solutions, such as recyclable stainless steel fasteners and biodegradable centering sleeves, and outlines enhanced supply chain management through systematic supplier assessments.
Company: SFS Group AG
Sector: Manufacturing
Country: Switzerland
Year: 2023
Type: SR
Pages: 42
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SFS Group AG
Sustainability Report
The report highlights SFS Group's progress in 2023, including a 7.6% reduction in absolute Scope 1 and 2 emissions and a commitment to the Science Based Targets initiative (SBTi). The company achieved a 58.5% reduction in greenhouse gas emission intensity compared to its 2020 baseline, moving closer to its 90% reduction target for 2030. Despite a temporary increase in nuclear energy use in Switzerland, SFS expanded its self-generated renewable energy capacity with new photovoltaic systems in China and Switzerland. The report also details advancements in sustainable product solutions, such as recyclable stainless steel fasteners and biodegradable centering sleeves, and outlines enhanced supply chain management through systematic supplier assessments.
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Document Details
Report Year
2023
Reporting Period
Dec 1, 2022 - Nov 30, 2023
Fiscal Year
2023
Published
Mar 7, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Employees