SMS Group GmbH 2024 Annual Report with Sustainability Disclosures
Company: SMS Group GmbH
Sector: Manufacturing
Country: Germany
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 52
The report presents SMS group's 2024 business performance alongside an ESG strategy focused on decarbonization, circularity, and responsibility for its own ecological footprint. It states that the company completed a greenhouse-gas analysis using ESRS and GHG Protocol requirements and adopted carbon-neutrality targets for its first sites. SMS group also conducted a double materiality assessment and established a Sustainability department reporting directly to the CEO, with an ESG Council in an advisory role. In 2024, it signed the UN Global Compact, identified six priority SDGs, and received an EcoVadis bronze medal with a score of 65 out of 100 points.
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