Hager – Hager Group releases Sustainability Report

July 13, 2023

Significant progress in the company’s sustainability journey

 

Driving change through increased transparency and reporting

With its sustainability report covering the progress of the baseline year 2021 and the following year 2022, Hager Group showcases its dedication to transparency, ethical business practices and sustainable operations. The report is an integral part of the company’s sustainability journey to reduce its environmental impact, ensuring an ethically and environmentally conscious value chain and enhancing the well-being of its employees.

Daniel Hager, Chief Executive Officer of Hager Group says: “Hager Group’s sustainability report represents a significant and crucial step in our sustainability efforts as we create transparency for our customers, partners and employees.”

 

Comprehensive Double Materiality Analysis

As part of the report’s development, Hager Group has implemented a Double Materiality Analysis, aligning its content with the latest European Sustainability Reporting Standards. This approach goes beyond the traditional reporting of environmental and social impacts and acknowledges the materiality of risks and opportunities from both financial and non-financial perspectives.

“We are building sustainability metrics into how we think, operate, and define success. This way, we can make more meaningful decisions from one stage of the value chain to the next while managing our business in a holistic way,” comments Daniel Hager.

 

Key Sustainability Areas: Environment, Ethics, and Employees

The report covers progress in all three key areas of the company’s sustainability strategy: E3 – Environment, Ethics, and Employees. This strategy is supported by the outcomes of the double materiality analysis and refers to the United Nations’ Sustainable Development Goals.

 

Environment: Targeting 50 percent reduction of direct greenhouse gas emission by 2030 Hager Group has reduced emissions by 8 percent in 2022 compared to the baseline of 2021. Furthermore, Hager Group aims to reduce indirect greenhouse gas emissions by 25 percent by 2030. These science-based short-term goals have also been approved by the Science Based Targets initiative. Moreover, Hager Group is a member of the prestigious “Klimaschutz Unternehmen e.V.” (Climate Protection Company) in recognition of its efforts.

 

Ethics: Hager Group expanded its Ethics Ambassadors network to nearly 30 ambassadors in 2023 compared to 10 in 2021. These ambassadors promote ethical behaviour and are a contact point for employees with ethical concerns.

 

Employees: In 2021, Hager Group implemented the Hi! University learning hub to enhance employees’ professional and personal growth, aligning them with the company’s strategy and approach. Approximately 60 percent of employees have been trained on the platform, resulting in a total of 105,000 training hours.

Hager Group boasts a diverse workforce in more than 120 locations comprising over 70 nationalities.

 

Setting the stage for future sustainable progress and commitments

Hager Group’s sustainability report sets the stage for a future of sustainable growth, where environmental stewardship, ethical conduct and employee empowerment are central to the company’s operations. By transparently communicating its progress and commitments, Hager Group demonstrates its dedication to making a positive impact on the environment and society.

To access Hager Group’s sustainability report and learn more about its sustainability journey,
please visit http://hagergroup.com/sustainability-report.

Source
Hager Group 

EMR Analysis

 

More information on Hager: See the full profile on EMR Executive Services

More information on Daniel Hager (CEO, Hager Group): See the full profile on EMR Executive Services

More information on Franck Houdebert (Chief Group Human Resources Officer and the Board of Director’s Sustainability Ambassador, Hager Group): See the full profile on EMR Executive Services

More information on Hager Sustainability Strategy: See the full profile on EMR Executive Services

 

More information on the United Nations: https://www.un.org/ + Peace, dignity and equality on a healthy planet.

The United Nations is an international organization founded in 1945. Currently made up of 193 Member States, the UN and its work are guided by the purposes and principles contained in its founding Charter.

The UN has evolved over the years to keep pace with a rapidly changing world.

But one thing has stayed the same: it remains the one place on Earth where all the world’s nations can gather together, discuss common problems, and find shared solutions that benefit all of humanity.

The main parts of the UN structure are the General Assembly, the
Security Council, the Economic and Social Council, the Trusteeship Council, the International Court of Justice, and the UN Secretariat. All were established in 1945 when the UN was founded.

More information on António Guterres (Secretary-General, United Nations): https://www.un.org/sg/en/content/sg/biography

More information on the United Nations Sustainable Development Goals (SDG): 

  • United Nations Global Compact (UNGC): https://www.unglobalcompact.org + The world’s largest corporate sustainability initiative: a call to companies to align strategies in operations with universal principles on human rights, labour, environment and anti corruption, and take actions that advance societal goals.
  • At the UN Global Compact, we aim to mobilize a global movement of sustainable companies and stakeholders to create the world we want. That’s our vision.
    • To make this happen, the UN Global Compact supports companies to:
  • United Nations Global Compact 10 Principles:
    • Human Rights
      • Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
      • Principle 2: make sure that they are not complicit in human rights abuses.
    • Labour
      • Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
      • Principle 4: the elimination of all forms of forced and compulsory labour;
      • Principle 5: the effective abolition of child labour; and
      • Principle 6: the elimination of discrimination in respect of employment and occupation.
    • Environment
      • Principle 7: Businesses should support a precautionary approach to environmental challenges;
      • Principle 8: undertake initiatives to promote greater environmental responsibility; and
      • Principle 9: encourage the development and diffusion of environmentally friendly technologies.
    • Anti-Corruption
      • Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.
  • The 17 SDGS (Sustainable Development Goals) by 2030:

More information on Sanda Ojiambo (UN Assistant Secretary-General and CEO of the UN Global Compact, United Nations): https://www.un.org/sg/en/content/profiles/sanda-ojiambo + https://unglobalcompact.org/about/governance/asg-ceo + https://www.linkedin.com/in/sandaojiambo/

 

More information on The Science Based Targets initiative (SBTi): https://sciencebasedtargets.org/ + The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050.

The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.

  • Defines and promotes best practices in emissions reductions and net-zero targets in line with climate science.
  • Provides target setting methods and guidance to companies to set science-based targets in line with the latest climate science.
  • Includes a team of experts to provide companies with independent assessment and validation of targets.
  • Serves as the lead partner of the Business Ambition for 1.5°C campaign, an urgent call to action from a global coalition of UN agencies, business and industry leaders that mobilizes companies to set net-zero science-based targets in line with a 1.5 degrees C future.

 

More infoirmation on Klimaschutz Unternehmen e.V.: https://www.klimaschutz-unternehmen.de/startseite/ + Climate protection company e.V. is a cross-industry company network of the German economy that uses innovative solutions to achieve Germany’s climate policy goals. The association was founded at the suggestion of the Federal Ministry for the Environment (BMU), the Federal Ministry for Economic Affairs (BMWi) and the Association of German Chambers of Industry and Commerce (DIHK). The climate protection companies have proven their pioneering role in a demanding admissions process.

 

 

 

EMR Additional Notes:

  • Global Warming: Global warming is the long-term heating of Earth’s climate system observed since the pre-industrial period (between 1850 and 1900) due to human activities, primarily fossil fuel burning, which increases heat-trapping greenhouse gas levels in Earth’s atmosphere.
  • Global Warming potential (GWP): 
    • The heat absorbed by any greenhouse gas in the atmosphere, as a multiple of the heat that would be absorbed by the same mass of carbon dioxide(CO2). GWP is 1 for CO2. For other gases it depends on the gas and the time frame.
    • Carbon dioxide equivalent (CO2e or CO2eq or CO2-e) is calculated from GWP. For any gas, it is the mass of CO2 which would warm the earth as much as the mass of that gas. Thus it provides a common scale for measuring the climate effects of different gases. It is calculated as GWP times mass of the other gas. For example, if a gas has GWP of 100, two tonnes of the gas have CO2e of 200 tonnes.
    • GWP was developed to allow comparisons of the global warming impacts of different gases.
  • Greenhouse Gas (GHG):
    • A greenhouse gas is any gaseous compound in the atmosphere that is capable of absorbing infrared radiation, thereby trapping and holding heat in the atmosphere. By increasing the heat in the atmosphere, greenhouse gases are responsible for the greenhouse effect, which ultimately leads to global warming.
    • The main gases responsible for the greenhouse effect include carbon dioxide, methane, nitrous oxide, and water vapor (which all occur naturally), and fluorinated gases (which are synthetic).
  • Hydrofluorocarbons (HFC):
    • Hydrofluorocarbons (HFCs) are a group of industrial chemicals primarily used for cooling and refrigeration. HFCs were developed to replace stratospheric ozone-depleting substances that are currently being phased out under the Montreal Protocol on Substances that Deplete the Ozone Layer.
    • Many HFCs are very powerful greenhouse gases and a substantial number are short-lived climate pollutants with a lifetime of between 15 and 29 years in the atmosphere.