Dear Readers, The world is changing. Business and society alike face existential challenges. The United Nations expects that there will be around 9.7 billion people on the planet by 2050. All these people need food, medical care and training. At the same time, we are already seeing the effects of ongoing climate change and growing resource conflicts. At Festo, we see sustainability as an integral part of our corporate strategy. We are convinced that economic and environmental aspects have to be in harmony in order to secure the long-term prosperity of each and every one of us and to meet the challenges. As a responsible family-run company, the social dimension of sustainability is of great importance to us. As a matter of course, we also meet our corporate due diligence to safeguard human rights in our value chain. As we further develop our products and services, we constantly ask ourselves where automation technology can be an enabler for more sustainability. The focus is on simplifying work, providing medical care and lifelong learning. As a cross-technology automation company and a leading global provider in the field of technical education, we want to make an essential contribution here. Our products and services can be used in a way that is open to new technology – for example, in battery GRI 2-1, GRI 2-11, GRI 2-23 production, in hydrogen production and in the manufacture of alternative fuels. In doing so, we are supporting structural change as part of the industrial transformation towards a circular economy. Sustainability begins with our product development. For many years now, we have been working on topics such as lightweight construction in order to further reduce the use of materials in our products. The design of our value chains also aims to reduce CO2 emissions. By increasing the localisation of production activities and the further expansion of renewable energies at our plants, we want to continuously reduce our CO2 consumption. As of this year, all of our buildings in Germany as well as our production and logistics sites around the world have been CO2 neutral in terms of Scope 1 and 2. All other locations around the world will follow by 2026 at the latest. I hope you enjoy reading the Sustainability Report 2022. Dr Oliver D. Jung Chairman of the Management Board at Festo SE & Co. KG Dr Oliver D. Jung Chairman of the Management Board at Festo SE & Co. KG 6 7 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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