{"id":92880,"date":"2024-10-24T15:11:07","date_gmt":"2024-10-24T13:11:07","guid":{"rendered":"https:\/\/www.formycon.com\/?page_id=92880"},"modified":"2025-10-02T10:24:40","modified_gmt":"2025-10-02T08:24:40","slug":"esg-management","status":"publish","type":"page","link":"https:\/\/www.formycon.com\/en\/sustainability\/esg-management\/","title":{"rendered":"ESG Management"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row row_height_percent=&#8221;0&#8243; override_padding=&#8221;yes&#8221; h_padding=&#8221;2&#8243; top_padding=&#8221;0&#8243; bottom_padding=&#8221;0&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;3&#8243; column_width_percent=&#8221;100&#8243; shift_y=&#8221;0&#8243; z_index=&#8221;0&#8243;][vc_column column_width_percent=&#8221;100&#8243; gutter_size=&#8221;3&#8243; override_padding=&#8221;yes&#8221; column_padding=&#8221;3&#8243; back_color=&#8221;color-xsdn&#8221; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;-3&#8243; shift_y_fixed=&#8221;yes&#8221; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;1\/1&#8243;][vc_row_inner row_inner_height_percent=&#8221;0&#8243; overlay_alpha=&#8221;50&#8243; equal_height=&#8221;yes&#8221; gutter_size=&#8221;0&#8243; shift_y=&#8221;0&#8243; limit_content=&#8221;&#8221;][vc_column_inner column_width_use_pixel=&#8221;yes&#8221; position_vertical=&#8221;middle&#8221; align_horizontal=&#8221;align_center&#8221; gutter_size=&#8221;3&#8243; override_padding=&#8221;yes&#8221; column_padding=&#8221;0&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;2&#8243; align_mobile=&#8221;align_center_mobile&#8221; mobile_width=&#8221;0&#8243; width=&#8221;1\/1&#8243; column_width_pixel=&#8221;800&#8243;][vc_custom_heading text_color=&#8221;color-155072&#8243; heading_semantic=&#8221;h1&#8243; text_size=&#8221;h5&#8243; text_weight=&#8221;700&#8243; text_transform=&#8221;uppercase&#8221; text_space=&#8221;fontspace-210350&#8243; separator_color=&#8221;yes&#8221; separator=&#8221;yes&#8221; uncode_shortcode_id=&#8221;902479&#8243; text_color_type=&#8221;uncode-palette&#8221;]ESG Management[\/vc_custom_heading][vc_custom_heading text_color=&#8221;color-186842&#8243; heading_semantic=&#8221;p&#8221; text_weight=&#8221;700&#8243; uncode_shortcode_id=&#8221;423745&#8243; text_color_type=&#8221;uncode-palette&#8221;]Sustainability as a goal[\/vc_custom_heading][vc_custom_heading heading_semantic=&#8221;p&#8221; text_size=&#8221;h3&#8243; text_weight=&#8221;300&#8243; text_height=&#8221;fontheight-357766&#8243; uncode_shortcode_id=&#8221;763759&#8243;]Dialog with our stakeholders is immensely important to us. Not only do we want to report transparently on our progress, we also want to learn from our stakeholders.[\/vc_custom_heading][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row unlock_row_content=&#8221;yes&#8221; row_height_percent=&#8221;25&#8243; override_padding=&#8221;yes&#8221; h_padding=&#8221;0&#8243; top_padding=&#8221;2&#8243; bottom_padding=&#8221;2&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;3&#8243; column_width_percent=&#8221;100&#8243; shift_y=&#8221;0&#8243; z_index=&#8221;0&#8243; uncode_shortcode_id=&#8221;208725&#8243; row_height_pixel=&#8221;200&#8243;][vc_column column_width_percent=&#8221;100&#8243; gutter_size=&#8221;3&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;1\/1&#8243; uncode_shortcode_id=&#8221;133257&#8243;][vc_single_image media=&#8221;93458&#8243; media_width_percent=&#8221;100&#8243; alignment=&#8221;center&#8221; uncode_shortcode_id=&#8221;123577&#8243;][\/vc_column][\/vc_row][vc_row row_height_percent=&#8221;0&#8243; override_padding=&#8221;yes&#8221; h_padding=&#8221;2&#8243; top_padding=&#8221;3&#8243; bottom_padding=&#8221;4&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;3&#8243; column_width_percent=&#8221;100&#8243; shift_y=&#8221;0&#8243; z_index=&#8221;0&#8243;][vc_column column_width_use_pixel=&#8221;yes&#8221; gutter_size=&#8221;3&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;1\/1&#8243; uncode_shortcode_id=&#8221;190502&#8243; column_width_pixel=&#8221;960&#8243;][vc_row_inner row_inner_height_percent=&#8221;0&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;4&#8243; shift_y=&#8221;0&#8243; limit_content=&#8221;&#8221;][vc_column_inner column_width_percent=&#8221;100&#8243; gutter_size=&#8221;3&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;3\/12&#8243;][vc_separator sep_color=&#8221;accent&#8221;][vc_empty_space empty_h=&#8221;1&#8243;][vc_column_text uncode_shortcode_id=&#8221;523998&#8243;]<strong>ESG Management<\/strong>[\/vc_column_text][\/vc_column_inner][vc_column_inner column_width_percent=&#8221;100&#8243; gutter_size=&#8221;3&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;9\/12&#8243;][vc_separator sep_color=&#8221;color-100636&#8243;][vc_empty_space empty_h=&#8221;1&#8243;][vc_column_text text_lead=&#8221;yes&#8221; uncode_shortcode_id=&#8221;431576&#8243;]We want to integrate sustainability into all our business processes, which is why responsibility for all sustainability issues is anchored at the highest level in the Executive Board, and in the Supervisory Board. The ESG team reports directly to our CFO and is in continuous exchange with all relevant business units. Based on relevant data, our internal expertise as well as the dialogue and support from external stakeholders and experts, we implement specific measures in all ESG areas. In this way, we aim to minimise the negative impact of our business activities and strengthen our positive impact.<\/p>\n<p>We want to provide transparent and honest information about our progress and will report on all our material topics on a voluntary basis from 2025, in accordance with the Voluntary SME standard issued by EFRAG (the European Financial Reporting Advisory Group). We are continuously working on improving the quality of the data we collect, both internally and in cooperation with our suppliers. For an efficient collection, evaluation and reporting of high-quality data, we are also planning to introduce a new ESG software tool in 2026. Our guidelines and the materiality analysis are updated on an annual basis, and the achievement of goals and the implementation of the measures are continuously monitored.<\/p>\n<p><strong>Ratings and initiatives<\/strong><\/p>\n<p>Since 2019, Formycon is a member of the <a href=\"https:\/\/unglobalcompact.org\/what-is-gc\/participants\/135098-Formycon-AG\">UN Global Compact<\/a>\u00a0, one of the world&#8217;s largest and most important initiatives for responsible corporate management, which aims at creating an inclusive and sustainable global economy and which supports companies in aligning their strategies and activities with sustainability goals. In addition to the protection of human rights, the focus is on the elimination of all forms of forced labour, the abolition of child labour, the elimination of discrimination in recruiting and employment, as well as the handling of environmental problems, the observance of precautionary principles, the promotion of environmental awareness and the development and dissemination of environmentally friendly technologies. Formycon is committed to acting responsibly and will continue to drive this commitment forward, now and in the future. By becoming a member of the UN Global Compact, Formycon has committed itself to strategically anchoring the topic of sustainability and contributing to the implementation of the Sustainable Development Goals on the basis of the 10 universal principles. We report annually on our progress in a <a href=\"https:\/\/cop-report.unglobalcompact.org\/COPViewer\/2024?responseId=R_8k0RUbMMuAsIj4s\">Communication on Progress<\/a> (COP) report.[\/vc_column_text][uncode_block id=&#8221;94343&#8243; inside_column=&#8221;yes&#8221;][vc_column_text text_lead=&#8221;yes&#8221; uncode_shortcode_id=&#8221;159468&#8243;]We want to communicate openly and transparently about our topics in the individual ESG areas \u2013 the trust of our various stakeholders is immensely important to us. To enable the comparison with other companies and the possibility of tracking our progress, we participate in various ratings. Again, we are working on continuous improvement and take the evaluation as an incentive to strengthen our weaknesses and improve our strengths even further.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row row_height_percent=&#8221;0&#8243; override_padding=&#8221;yes&#8221; h_padding=&#8221;2&#8243; top_padding=&#8221;2&#8243; bottom_padding=&#8221;0&#8243; back_image=&#8221;92382&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;3&#8243; column_width_percent=&#8221;100&#8243; shift_y=&#8221;0&#8243; z_index=&#8221;0&#8243; uncode_shortcode_id=&#8221;887982&#8243;][vc_column column_width_percent=&#8221;100&#8243; align_horizontal=&#8221;align_center&#8221; gutter_size=&#8221;3&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; align_mobile=&#8221;align_center_mobile&#8221; mobile_width=&#8221;0&#8243; width=&#8221;1\/1&#8243; uncode_shortcode_id=&#8221;391527&#8243;][vc_empty_space empty_h=&#8221;3&#8243;][vc_custom_heading text_color=&#8221;color-729909&#8243; 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