Argor - Heraeus SA - B Lab Switzerland

STI

Manufactured Goods

Argor – Heraeus SA

The purpose of Argor – Heraeus SA is the processing of precious metals, in particular: analysis, refining as well as manufacturing and sale of bars, medals and coins containing precious metals, processing of finished and semi-finished products in precious metal alloys, in particular for the watch and jewellery industry, as well as the provision of services in precious metal trading, in particular the purchase and sale of precious metals.

Size

250-999

Website

www.argor-heraeus.com/about/switzerland/

Goal 1

Core Business

By 2033, we reduce our tCO2eq emissions to net zero (Scope 1 & 2) and our tCO2eq emissions in Scope 3 by 50 %, compared with 2020 and in line with the Paris Agreement’s reduction targets.*

* By 2024, Argor-Heraeus SA has already reduced its Scope 1 and 2 GHG emissions by more than 88 % compared with 2019. Since our journey is not linear, we decided against introducing an additional interim target by 2030. More information here.

Goal 2

Core Business

By 2028, we reduce our drinking water withdrawal needed to refine 1 kg of “Precious metal equivalent” by 30 %, compared with 2023.*

* Compared with 906 l used in 2023. “Precious metal equivalent” includes the amount of gold and silver refined and the amount and quality of incoming material that influences the water consumption. The water withdrawal needed to refine precious metals represent 76 % of total water consumption.

Goal 3

Supply Chain

By 2030, we double and yearly source at least 4 t of gold from Artisanal and Small-Scale Mines compared with 1,8 t in 2023, within responsible market circuits.*

* Responsible market circuits: Swiss Better Gold Association, Fairtrade, Fairmined. The rest of our gold complies with LBMA and RJC standards. We ensure all gold is verified under strict international standards to prevent environmental pollution, human rights violations, occupational hazards, and illegal financing. Fair premiums are transparently reinvested in social and environmental improvements within mining communities, verified by an independent third party. This ensures artisanal gold enters the responsible market, transforming the supply chain and fostering long-term sustainability.

Goal 4

Internal Operations

By 2028, we achieve a minimum 85 % satisfaction and well-being rate of all employees, with active participation from at least 90 % of employees, and a publicly accessible transparency report on results and improvement actions.*

* We ensure a rigorous, transparent, and inclusive approach to employee well-being, with external verification to ensure credibility and accountability, fostering a supportive work environment at Argor-Heraeus, assessed in the annual employee satisfaction survey. Link to the report:

Goal 5

Internal Operations

By 2030, we ensure that at least 5 % of our workforce is comprised of individuals from underserved communities.*

* Working closely with associations specializing in underserved communities, they are defined as follows: – Individuals who are unemployed – Persons on disability insurance – Persons over the age of 50 currently distanced from the labor market – Individuals entering their first job after completing their studies currently distanced from the labor market – Single parents

Scope of pledges

Argor-Heraeus operates in various markets around the world through a number of subsidiaries with clear operational and commercial boundaries. In Switzerland, the company is represented by Argor-Heraeus SA. The pledges taken within the STI framework relate to the sustainability policy of Argor-Heraeus SA. The latter is therefore accountable for their implementation within its scope of activity. Where these commitments directly reinforce the Group’s sustainability strategy, a special mention is added in the wording.