At Oerlikon, we recognize that our relationships with all our stakeholders in our value chain, including customers, employees, investors, suppliers, contractors, governments, local communities and general society, are not only key to our ability to succeed in pursuing our growth targets but also to contributing as a sustainable company.
Our Value Chain
GRI 2-6
Oerlikon’s innovations serve customers in key industries, including automotive, aerospace, tooling, textile, polymer processing, energy and general industries, who are demanding smarter, more climate-friendly solutions. As an employer, we are committed to embracing diversity, nurturing talent and forging career development.
In all our endeavors, we pledge Zero Harm to People, respect for human rights and non-use of child labor as well as the strict adherence to anti-harassment, anti-corruption and non-discrimination, among others. We conduct our business with integrity and in a fair manner and expect the same from the partners in our value chain.
Route to climate impact reduction
As part of our sustainability efforts, we recognize that it is important for us to identify our climate impact along our value chain. On this route to climate impact reduction, we have a clear understanding of our emissions in Scope 1 & 2, which we have been reporting on since our first 2020 report. We have also set a target for our relevant operations to become climate neutral on Scope 1 & 2 by 2030 using GHG emissions intensity as the key performance indicator.
Comparatively, Scope 3 is much more challenging. We are tackling this in a systematic way, so that we can identify the areas that are relevant and that we can best influence, allowing us to make the most meaningful contribution to reducing emissions. We launched a project to assess the relevance of the 15 categories of Scope 3 emissions and intend to make Scope 3 disclosures in the coming years.
Supplier sustainability
Another key stakeholder along our value chain is suppliers. Oerlikon only pursues relationships with suppliers who agree to our Supplier Code of Conduct (SCoC) and must be able to demonstrate compliance with our SCoC:
- Compliance with laws, regulations and internationally recognized standards
- Material and conflict minerals compliance
- Business integrity
- Human rights, fair labor conditions and child labor
- Health, safety and environmental management
- Protection of tangible and intangible assets
- Trade control
In 2022:
- 216 suppliers were audited.
- 100% of our commodity managers completed the EcoVadis sustainable procurement training.
- The Supplier Code of Conduct was updated.
- Sustainability was made a key criterion in our procurement strategy.
- Our 2022 to 2030 goals were mapped out in our Sustainable Procurement Roadmap.
