Dear Readers, In a world confronted by massive environmental, social and economic challenges, we at Festo take responsibility. Our goal is to make a contribution toward creating a more sustainable future through innovative technologies and efficient processes. Sustainability and economic success are mutually complementary in our family-owned company. Developing sustainable automation solutions empowers our customers to produce in a more resource-efficient manner and simultaneously gives them a greater competitive edge. Our Compact Report 2024 demonstrates how we are continuously improving our environmental footprint, taking social responsibility and running a sustainable business. We are committed to reducing our CO2e footprint along the entire value chain – from procurement, through production, to the use of Festo products by our customers. We are also investing in training for our employees, promoting diversity, and creating a secure working environment. In 2025, Festo celebrates its 100th company anniversary. We are launching our corporate citizenship initiative to salute the landmark occasion. A one-time donation will sponsor 100 projects across the world and from 2025, we will grant all our employees one working day of leave each year to support their volunteering efforts. A key element of the European Green Deal is mandatory, standardized sustainability reporting in compliance with the Corporate Sustainability Reporting Directive (CSRD). At the point in time when this report is being drawn up, the European Parliament is debating the far-reaching changes in relation to the scope and timing of the reporting requirements. Nevertheless, we are already making preparations for CSRD reporting. This compact report is therefore based on the ESG structure for the first time (environment, social issues, governance). We at Festo believe that sustainability is a collaborative process – we invite you to join us in shaping this journey. I would like to express my thanks to you for your trust in us and your interest in our company. Dipl.-Ing. (FH) Thomas Böck Chairman of the Management Board of Festo SE & Co. KG Dipl.-Ing. (FH) Thomas Böck, Chairman of the Management Board of Festo SE & Co. KG Festo SE & Co. KG Sustainability Report 2024 Festo SE & Co. KG Sustainability Report 2024 4 5
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