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STI
Machinery & Equipment

Georg Fischer Machining Solutions Management SA

Machines, technical solutions and services to manufacturers of precision mold and tooling as well as components machined with precision and tight tolerance Over 3’000 employees provide solutions in EDM, Milling and Spindles, Laser 3D Surface Processing, Additive Manufacturing, Laser Micromachining and solutions for Tooling, Automation, Software and Digitalization as well as Customer Services
Size
1000+

Goal 1

Core Business
By 2026 we reduce our absolute CO2eq (scope 3.11) emissions by 20% compared to 348 ktCO2eq in 2019.*
* This commitment was reviewed and approved at Corporate level by SBTI in 2022. Scope 3.11 represents over 85% of our total GHG (scope 1-2-3) emissions.

Goal 2

Internal Operations
By 2026 we reduce our absolute CO2eq (scope 1 and 2) emissions by 30% compared to 15.5 ktCO2eq in 2019.*
* This commitment was reviewed and approved by SBTI in 2022.

Goal 3

Internal operations
By 2025, we achieve 80% of our employees recommending Georg Fischer as an employer of choice.*
* This is measured through a global anonymous employee satisfaction questionnaire. The survey is carried out every 18 months, the feedback is then cascaded down to the Managing Directors hence enabling adaptation of the measures undertaken.

Goal 4

Supply Chain
By 2025, 100% of our key suppliers are assessed for their sustainability performance, compared to 0% in 2021.*
* Key suppliers representing 80% of direct procurement spend. Improvement for 10 key suppliers to improve and achieve at least the Ecovadis 45 % threshold before December 2025.

Scope of pledges

Georg Fischer Machining Solutions 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 Georg Fischer Machining Solutions SA. The pledges taken within the STI framework relate to the sustainability policy of Georg Fischer Machining Solutions 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.