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GF Sustainability Report 2021: Promising start towards sustainability targets 2025

GF today published its Sustainability Report 2021. This comprehensive review of ESG matters

highlights the three focus areas defined in GF's Sustainability Framework 2025: product

portfolio, climate and resources, as well as people and well-being.

Press Release | Reading time: min | Bildquelle: GF casting solutions

In 2021, products with social or environmental benefits generated 60% of sales, up from 58% the year before. Greenhouse gas (GHG) emissions fell 17% compared with the base-year 2019. Against the backdrop of a 17% sales growth in 2021, the intensity of waste sent to landfill or incineration fell 9% compared to a baseline average of the previous three years.

Reflecting the scope of the 2025 framework targets, GF's Sustainability Report 2021 includes for the first time a new metric on sustainable procurement and the gender balance of newly appointed managers. GF coordinated sustainability assessments on 34% of its procurement spend in 2021, with the aim to assess 80% by 2025. With 30% of newly appointed managers in 2021 being women, the company also exceeded its target of 25% women among new management appointments by 2025.


"This strong result in the first year of our journey towards achieving our sustainability targets 2025 is a testimony of how sustainability is an integral part of GF's business and corporate culture," said GF CEO Andreas Müller. "Our strong start builds on years-long efforts to drive business growth, while supporting our customers and other stakeholders on their own sustainability journey."

The full version of the Sustainability Report 2021 is available on www.georgfischer.com or at www.sustainabilityreport.georgfischer.com 

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Georg Fischer Automotive China



China

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