Festo_Sustainability-Report_2020

a n d e n e r g y e f f i c i e n c y C l i m a t e p r o t e c t i o n T e c h n i c a l b a s i c a n d P e o p l e a t F e s t o e f f i c i e n c y R e s o u r c e a n d m a t e r i a l F e s t o f o o t p r i n t I m p a c t o n o u r c u s t o m e r s a n d s o c i e t y f u r t h e r t r a i n i n g a n d C E R E t h i c s a n d g o v e r n a n c e c o n s t r u c t i o n E n v i r o n m e n t , e n e r g y a n d 2020+ sustainability strategy Our areas of action were reviewed and updated as part of these analyses. We have developed our 2020+ sustainability strategy on this basis. It was adopted in March 2020 by the Management Board of Festo SE & Co. KG and is now subject to regular updating. People at Festo Within this area of action, we will continue to work on the long- term issues relating to the qualification and further development of our employees, the expansion of occupational health promotion and safety, and equality and diversity. In 2020 and 2021, the focus was, and is, on measures to protect employees from COVID-19.  Chapter 3 Ethics and governance The focus of the area of action ethics and governance will be on a global compliance management system and the integration of due diligence obligations for human rights in business processes.  Chapter 4 Environment, energy and construction Festo will reduce the direct (scope 1) and indirect (scope 2) abso- lute CO 2 emissions associated with energy procurement in its global production network by more than 30 per cent by 2025. We are guided by the scientifically defined target of limiting global warming to 1.5°C. We will achieve this by procuring CO 2 -neutral green electricity with measures to increase energy efficiency and the expansion of our own renewable energy generation facilities at our sites. Data management and the expansion of the balance sheet framework will be a focus in 2021.  Chapter 5 As part of our ISO 14001-certified international environmental management system, we will also work to improve our environ- mental performance with regard to other environmental aspects such as water use or waste reduction. Resource and material efficiency Our measures focus on the entire value creation process. Projects to save materials in our products lead to a more careful use of resources in our procurement. Increasing the environmental com- patibility of our packaging concept leads to lower environmental impact from the point of purchase to the customer. Increasing the efficiency of resources and materials is a priority at our plants. The continuous reduction in the number of defective goods or the consistent fluid management in metalworking are just a couple of examples.  Chapter 6 Climate protection and energy efficiency Delivering our products to our customers for their use on-site results in significantly higher CO 2 emissions compared to our man- ufacturing processes. This is why, in the coming years, we will continuously expand our Energy Saving Service, which helps our customers to significantly reduce their CO 2 footprint associated with energy consumption. This service is supplemented by advice on the energy-efficient planning and designing of our products.  Chapter 7 The development of energy-efficient and smart products and solu- tions is another important element in our efforts to help our cus- tomers increase their climate-friendly production. We also want to optimise our delivery processes with regard to the associated CO 2 emissions. Measures include the procurement and manufacture of our products centred around the sales market and the reduction of air freight by transferring it to rail or ship trans- port. We will report on the results of the individual projects. Technical basic and further training and CER Along with climate protection, technical basic and further training is the most important pillar in our efforts to become sustainable.  Chapter 8 Examples of our activities are: • Expansion and further development of Festo Didactic’s prod- uct portfolio in STEM subjects (science, technology, engineer- ing and mathematics) • Commitment to increasing technical education and training in Africa • Bionics4Education with a focus on education for girls • Organisation of World Skills and FIRST ® LEGO ® League to inspire young people with technology Our activities relating to the areas of action in the reporting period of 2020 and their effects on procurement, our customers and soci- ety are explained in the following chapters with the help of corre- sponding GRI indicators. 1. Strategy and sustainability management 1. Strategy and sustainability management 14 15 Festo SE & Co. KG Sustainability Report 2020 Festo SE & Co. KG Sustainability Report 2020