We are increasing our sustainability transparency and commitment externally.
Our Strategy
Sustainability has always been a cornerstone of Oerlikon’s R&D, business and strategy. Among our core convictions is the belief that companies an
ESG Progress
Accelerated sustainability agenda
Embedding sustainability in remuneration
Current
- Since 2015, our short-term incentive (STI) program includes a sustainability metric, specifically safety (total accident frequency rate), as a modifier for individual objectives. This safety modifier was chosen to place management’s focus on the well-being of employees and to motivate employees to pay closer attention to safety within and outside of the workplace.
- Sustainability-related targets are also directly included as part of the STI individual objectives for some Executive Committee members.
Future
- We intend to further develop sustainability key performance metrics (KPIs) for all employees above and beyond the current employee safety metric in the STI.
- Our next steps are to perform peer analysis and evaluation, as well as cross reference our 2030 sustainability targets with the objective of defining three to four environmental, social or governance targets for management and employees.
ESG rating upgrades
Our reporting standards
Our 2020 and 2021 Sustainability Reports were published with reference to the GRI Standards 2016. Our 2022 Sustainability Report was prepared referring to the GRI Standards 2021 and according to the SASB standards category: Industrial Machinery & Goods. We continue to closely monitor developments regarding standards and legal requirements and constantly evaluate the implementation of standards in order to increase our reporting transparency.
Global Reporting
This Sustainability Report is published according to the internationally recognized GRI Standards 2021.
SASB
SASB Standards guide the disclosure of financially material sustainability information by companies to their investors. Effective as of August 1, 2022, the Value Reporting Foundation – home to the SASB Standards – consolidated into the IFRS Foundation, which established the first International Sustainability Standards Board (ISSB). SASB Standards now fall under the oversight of the ISSB.
Recognition and participation
GRI 2-28
EcoVadis
In recognition of its sustainability business practices, Oerlikon has received the silver award from EcoVadis, one of the world’s leading sustainability ratings providers for corporate social responsibility (CSR).
EqualVoice
We are proud to be one of the companies committed to the EqualVoice United initiative, which advocates gender equality and aims to increase visibility of women in the media.
herCAREER Gender Equality
We are proud to support gender equality in career advancements.
Forbes World's Best Employer
Oerlikon has been ranked among the top 800 companies on the Forbes World's Best Employers 2022 list.
