Oerlikon to be operationally carbon neutral by 2030

Oerlikon
recently made a strong public commitment to sustainability by publishing its
first Sustainability Report, Innovation for a Sustainable Future.

“Sustainability
has been an integral part of our strategy that drives our innovations and
operations to serve our customers’ needs for many years,” said Dr Roland Fischer, CEO Oerlikon Group.
“With the report, we now make a public commitment and join the ranks of people
proactively engaging with sustainability and inspiring others to do the same.”

Helping
customers in key industries to achieve more with less is an integral part of
Oerlikon’s value proposition, technologies and operations. Based on the
materiality analysis, Oerlikon has selected 8 out of the 17 United Nations
Sustainable Development Goals (SDGs) where the company can make the most
difference for its stakeholders.

Environmental,
social and governance targets for 2030 have been set by the group in areas that
align most closely with its operations, policies and capabilities. These
targets, for example using only energy from renewable sources and increasing
the number of women in leadership roles, have been selected with care and
consideration in areas where Oerlikon can make the greatest impact.

“Setting
ambitious targets, such as achieving climate neutrality in our operations by
2030, clearly underlines our commitment,” added Dr Fischer. “We also intend to
have 100 per cent of our R&D investment in new products to cover the ESG
criteria. We have always seen innovation and sustainability as interdependent –
for example, in 2019, our innovative technology solutions for jet engines
helped our customers in the aerospace industry to save 25 million tons of CO2.
At the same time, the CO2 impact of our own global operations was only 157 000
tonnes.”

Oerlikon
has many other tangible examples of how it’s engineering and processing of
materials and surfaces contribute to sustainability in collaboration with its
customers. Oerlikon’s technologies lengthen the useful life of machinery and tools;
improve automotive and aerospace fuel efficiency and pioneer advances in
textile manufacturing and the future of mobility.

Oerlikon’s
2020 Sustainability Report is prepared according to the internationally
recognised GRI Sustainability Reporting Standards1, underlining the Group’s
commitment to transparently sharing its sustainability achievements and
progress, and is accessible online at www.sustainabilityreport.oerlikon.com.