Taking responsibility – living responsibility Corporate social responsibility
Environmental, economic, and social sustainability together form the key to a world of tomorrow that’s worth living in. Corporate responsibility in all ESG areas – environmental, social, and governance – is also a high priority for the Stabilus Group.
That’s why we are assessed by three rating agencies that reflect our stakeholders and the most relevant ESG issues in a particular way: CDP, Ecovadis, and Sustainalytics. The goal is to achieve the top ratings in sustainability by 2030. To do so, we will be consistently implementing a set of measures that have already been planned out.
Sustainable Development Goals – with relevance to corporate policy
Stabilus has committed itself to six United Nations Sustainable Development Goals (SDGs) that can be directly influenced by corporate policy: quality education, gender equality, clean water and sanitation, decent work and economic growth, responsible consumption and production, and climate action.
We are focusing on the following areas in particular:
- CO2 emissions
- Energy consumption and management
- Water consumption and management
- Occupational safety
- Diversity (e.g., women in leadership positions)
- Attracting and training skilled employees
- Sustainability in the value chain
- Compliance
Please also read our sustainability statement.
SBTi commitment for the development and validation of reduction targets
With regard to greenhouse gas emissions, we have set ourselves CO2 reduction targets to be achieved by 2030: a 42% reduction in Scope 1 and Scope 2 emissions and an additional 25% reduction in Scope 3 emissions. We have also set ourselves the goal of CO2 neutrality, which is to be achieved by 2050.
All locations worldwide follow a clear roadmap for CO2 reduction. This includes direct savings in natural gas and electricity, determining the carbon footprint of our products, CO2 reductions in new research and development projects and measures to reduce CO2 within the value chain.
We are committed to setting short and long-term company-wide emission reduction targets in line with the SBTi (Science Based Targets Initiative) criteria and intend to submit our targets to the SBTi for validation. Stabilus is now listed as "Committed" in the SBTi Target Dashboard.
The SBTi is a corporate climate action organization that enables companies and financial institutions worldwide to do their part to combat the climate crisis.
Occupational health and safety
Occupational health and safety is an expression of our responsibility to every single employee worldwide and is firmly established at Stabilus.
Global EHS management systems
EHS (Environment, Health & Safety) management systems are implemented at all production sites worldwide - as a common basis for a uniform understanding of safety. ISO 45001 certification at selected sites is more than just proof for us - it is a driver for continuous improvement of our occupational health and safety measures and a clear signal to our employees: Your safety is our top priority.
Active safety culture
Stabilus continuously analyzes health and safety risks, develops effective training programs and promotes an active safety culture. All occupational incidents are recorded and analyzed worldwide and appropriate corrective measures are defined.
Group-wide exchange of knowledge
Best practices, experiences and safety solutions are systematically recorded and communicated across all locations. This ensures that safety-related topics do not remain isolated, but are communicated in a targeted manner throughout the Group.
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Key facts
The Stabilus Group is one of the world’s leading providers of systems and solutions in motion control. Our approximately 6,500 employees achieved a global sales revenue of 1.1 billion euros in 2022. 32 sites in 18 countries substantiate our claim of strong regional customer service.
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Compliance at Stabilus
Fair, sustainable, and with regard for human rights – our Code of Conduct and adherence to the Supply Chain Act set out clear guidelines for our corporate actions. Important: Actual or suspected violations of our regulations can be submitted as an anonymous tip via our whistleblower portal.
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Investor Relations
Detailed information about our financial reports, financial calendar or, for example, our Annual General Meetings can be found in the Investor Relations section.