Sustainability Report 2023

ENGEL
Sustainability Report 2023
04/ Sustainability management at ENGEL
Sustainable strategy development
The responsibilities for our sustainable development
are set out in our organisational structure.
But advancing a development not only requires
committed team members, but first and foremost
it needs clearly defined topics and objectives.
For this reason, we have strengthened our focus
on strategy development in the last years.
We have dedicated our efforts to the preparation
of a multi-step materiality assessment that
will be used to identify the sustainability topics
that are relevant for ENGEL.
• Step 1: the starting point for the materiality
assessment was initially a collection of the
potentially relevant sustainability topics along
the value chain at ENGEL.
• Step 2: the topics identified in step 1 were
examined in a status-quo analysis that ascertained
their implementation in the company
so far. The respective sustainability impact
and financial impact, i.e. the environmental,
social and financial implications, were ascertained
and evaluated for each topic.
• Step 3: the analysis was accompanied by a
survey of 419 ENGEL stakeholders conducted
online. The survey subjects included ENGEL
employees, the ENGEL management team,
suppliers, customers, representatives from the
media and other stakeholder groups. The survey
formed the basis for an evaluation to
identify the specific sustainability topics considered
particularly important by the stakeholders.
• Step 4: a final round of interviews was conducted
with key customers of ENGEL.
The extensive volume of data generated by
the analyses and surveys was then used to
identify the topics of material significance and
prepare a materiality matrix. For the sake of a
clear and concise presentation, we made the
decision to finalise the materiality matrix by clustering
some of the identified topics as follows:
• The topics recyclable machines & raw materials,
components & packaging were combined
in raw materials & recyclable machines.
• The topics digitalisation & innovation and
product reliability & safety were integrated in
the topics circular economy – plastic, energy
consumption & emissions and raw materials
& recyclable machines.
• The topics staff satisfaction, training & professional
development were combined in staff
satisfaction & training.
A total of seven topics with material significance
were identified and prioritised for the further
strategy development. The other topics are
of equal relevance, but will initially not be in the
focus of the further development.
26