Sustainability as Part of the Corporate Strategy

As a holding company with investments in industrial manufacturing companies, Metall Zug is aware of the responsibility it bears toward its employees, society and the environment. Operating in a responsible and sustainable manner has been deeply ingrained in the Group’s strategy for many years. Metall Zug has defined four focus topics. The Business Units implement concrete projects within the framework of these focus topics. Progress is measured using a set of key performance indicators, which were rolled out to the main sites in Europe in 2021

Sustainability as Part of the Corporate Strategy

Metall Zug views sustainability as a strategic, intrinsically motivated priority. Its sustainability values and principles have been set out in the Code of Conduct for many years. All those in positions of responsibility act with a view to success and in line with the Metall Zug values: any success can only really be counted as such if it is sustainable and has been achieved with due respect for society and without tarnishing the reputation of the company in question and the Metall Zug Group as a whole.

With regard to durable and resource-saving products, environmentally friendly and material-efficient production, responsible procurement and logistics, and as a committed employer, Metall Zug aims to assume a pioneering role.

Embraced by the Organization

Metall Zug’s Business Units have strived for many years to make their daily business activities as sustainable as possible. Metall Zug set up a Sustainability team in fall 2018 to support the Business Units, with the aim of making sure these ambitions are broadly embraced within the Group, firming up the sustainability strategies, and implementing, measuring and communicating action for sustainability in a more targeted fashion. The Business Units for their part have each nominated a member of Senior Management and a project team to define and implement goals and measures.

Systematic Approach

The key sustainability issues at each Business Unit were analyzed together with a consultant and assessed from the point of view of both internal and external stakeholders. A materiality analysis was then drawn up

This materiality analysis served as the basis for defining strategic thrusts and drawing up a catalog of measures for each area of the business – a process that involved employees from every Business Unit. These packages of measures are directed in particular at four focus topics: climate & energy, employees, products & services, and society & value creation.



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Key Performance Indicator Set

The implementation and progress of measures is assessed according to a set of key performance indicators (KPIs) and regularly reviewed by a steering committee made up of the CEOs of the Business Units and the Senior Management of Metall Zug.

Over time, the defined KPIs are to be measured at all Group sites. In the reporting year, sustainability KPIs were measured at the producing companies of the Household Appliances, Wire Processing and Medical Devices Business Units in Switzerland. In a subsequent step, the other Swiss companies and companies outside Switzerland are also to be measured. The KPI set also serves as a framework for future measures and as a yardstick for progress made.