GF Releases Sustainability Report 2019

13.07.2020
The GF Sustainability Report provides a detailed overview of GF’s progress toward achieving its Sustainability Targets 2020. More than every second GF product or solution supplied to the customers offers a social or environmental benefit.

Sustainability is fully integrated in the GF Strategy 2020 as part of the company’s culture. With solutions for leakage- and bacteria-free water supply and significant water savings, innovative lightweight components for more sustainable mobility with lower emissions as well as high-precision machine tools to reduce the consumption of materials and energy, GF is improving the lives of people all over the world.

Due to this increasingly broad range of sustainable offerings, 54% (2018: 47%) of sales were attributable to products and services with social and environmental benefits in 2019. Several sustainability targets have already been met or exceeded. Based on diverse safety efforts across the facilities, the rate of accidents per one million working hours dropped significantly compared to the baseline exceeding the target rate set for 2020. Efforts to establish a safety culture will remain a high priority in the years to come. Investments in new buildings and a refurbished infrastructure have also enabled GF to continuously increase its energy efficiency over the last years.

GF CEO Andreas Müller underlines: «GF takes its responsibility seriously. Although we are facing an unprecedented crisis with Covid-19, GF will not make any compromises to achieve the Sustainability Targets 2020. We are also anchoring Environmental, Social and Governance topics at the highest level of our company with our newly founded Sustainability Committee, which forms part of the Nomination Committee of the Board of Directors.»

The Sustainability Report 2019 was compiled in accordance with the Global Reporting Initiative (GRI) Standards. The key performance indicators were reviewed by PwC Switzerland and an assurance report was issued.

More articles on this topic

Smart utility network to help Anglian Water tackle water shortages

15.10.2020 -

By 2025, Anglian Water, located in East England, could face a projected water shortage of up to 30 million liters of water a day. To meet this challenge, the water utility is starting to deploy a smart water network to secure its water supply. The project involves the roll out of upgraded water meters in a joint effort between Sensus, a Xylem brand, and Arqiva, a U.K. communications infrastructure and media services provider.

Read more

Repair of decommissioned turbine saves time and money for pulp manufacturer

15.10.2020 -

Steam turbines provide essential power to large industrial plants and if they develop a fault there is an urgency to repair and get them back online. Sulzer helped one of its customers by manufacturing 500 new turbine blades and repairing a steam turbine that had been written off by the original equipment manufacturer (OEM), minimizing the cost and time to get the vital asset operational.

Read more
Directly to the product selection in

PumpSelector

LATEST NEWS

  • Events

    « October 2020 » loading...
    M T W T F S S
    28
    29
    30
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
    11
    12
    13
    14
    15
    16
    17
    18
    19
    20
    21
    22
    23
    24
    25
    26
    27
    28
    29
    30
    31
    1
  • JOB MARKET