2020 EUR 1.273 billion 2021 EUR 1.544 billion 2022 EUR 1.792 billion 71% Europe 20% Asia 9% The Americas 73% Europe 7% The Americas 20% Asia 20% Asia 8% The Americas 72% Europe Regional distribution of purchasing volume Industrial production has largely detached itself from the effects of the pandemic situation and is increasing in all regions. This is also reflected in Festo’s direct and indirect purchasing volume (production materials and non-production materials), which in 2022 increased to 1.792 billion euros. Non-production materials refer to all Festo production plants (Festo Global Production Centres – GPCs) and local sales companies. Production materials include all production plants. GRI 204-1 Festo is constantly expanding its global supplier network, consisting of local and non-local suppliers. By ‘local’ we mean procurement within the country of the respective national Festo company. Compared to the previous year 2021, the number of local suppliers increased slightly in 2022. The ‘local for local’ strategy will continue to be pursued in 2022 to enable a reduction in delivery times throughout the supply chain as well as a reduction in transport routes. The aim continues to be to increasingly procure goods in those countries where production takes place. The diagrams below show the regional distribution of the direct and indirect purchasing volumes of the Festo Group. Specifying the data and updating the part number assignment led to data for 2020 and 2021 having to be corrected. ‘Local for Local’: Due to a decentralised production network, local markets can be supplied as needed, and more quickly and reliably, thanks to short transport routes. GRI 204-1: Regional distribution of the direct and indirect purchasing volume of the Festo Group 72% local 70% local 72% local 28% non-local 30% non-local 28% non-local 2020 EUR 1.273 billion 2021 EUR 1.544 billion 2022 EUR 1.792 billion 112 113 Festo SE & Co. KG Sustainability Report 2022 Festo SE & Co. KG Sustainability Report 2022 1. BLUE WORLD 2. STRATEGY AND MANAGEMENT 3. CO2 REDUCTION AND ENERGY EFFICIENCY 4. TECHNICAL EDUCATION 5. ENVIRONMENT, RESOURCE AND MATERIAL EFFICIENCY 6. PEOPLE AT FESTO 7. ETHICS AND GOVERNANCE 8. GRI-INDEX 9. REPORT PROFILE
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