Corporate Responsibility Strategy

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Our aim is to help create an ecologically and socially sustainable society by the way we do business and within our business environment. The key areas of Corporate Responsibility are the core of our strategy. We actively steer these topics by setting measurable targets and ensure continuous improvements.

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Group-wide management of corporate responsibility

Corporate responsibility (CR) is a core component of NORMA Group’s strategic orientation. The CR Policy describes NORMA Group’s understanding of it and key CR topics. It is based on the principles of the UN Global Compacts and the Sustainable Development Goals. Further information on the organization and management of corporate responsibility can be found in NORMA Group’s CR Report.

Our CR PolicyOur CR Report

Corporate Responsibilty targets

NORMA Group has set measurable targets in the three strategic areas of action for 2021. The targets are based on the company's most important sustainability issues and are managed on a global, regional and local level.

NORMA Group's climate target is of particular importance: by the end of 2024, NORMA Group wants to reduce its annual emissions to 44,343 tons in absolute terms. This goal is in line with the recommendations for Scope 1 and 2 by the science-based targets initiative.

Targets for 2021

CO2 emissions

< 10,000


Indicator:

CO2 emissions of
Scope 1 and 2 in tons


2021:
43,449 tons CO2 equivalents

Incident rate

< 4.5

Indicator:

accidents / 1.000 employees

2021:
6.2 accidents / 1.000 employees

Defective parts

< 5.5

Indicator:

parts per million (ppm)

2021: 4.9 ppm (parts per million)

Water consumption

1%

improvement*



* vs. 2021

Indicator:

liter / TEUR sales


2021: 147.1 liter / TEUR sales

Training hours

> 30

Indicator:

training hours / employee

2021: 29.6 training hours / employee

Customer complaints

< 5.5

Indicator:

average per month per entity

2021:
5.1 per month per entity

Waste

1%

improvement*



* vs. 2021

Indicator:

kg / TEUR sales


2021: 11.2 kg / TEUR sales

Voluntary attrition rate

Local targets

Indicator:

% of sites that achieved local target

Voluntary attrition rate varies strongly between locations (e.g. because of cultural differences). From the NORMA Group's point of view, a global target is therefore not expedient.

2021:13.2%

Sustainable Development Goals

The CR Roadmap is based on the Sustainable Development Goals (SDGs) of the United Nations, among other aspects. The goals cover economic, ecological and social issues and each consist of individual indicators that make implementation measurable. By implementing the CR Roadmap, NORMA Group can also contribute to the achievement of the Sustainable Development Goals.

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