GRI Designation (section) Page 2-23 Declaration of commitment to principles and actions Foreword Company portrait Strategy and management (2) Climate protection and resource efficiency (3.2) Ethics and governance (6.1, 6.3, 6.4) Report profile (8) 5 8 38 52 106, 111, 119 130 2-24 Integrating political commitments People at Festo (5.2) Ethics and governance (6.1) 87 106 2-25 Procedures for the remediation of adverse impacts Ethics and governance (6.1, 6.3) 106, 115 2-26 Procedures for seeking advice and raising concerns Strategy and management (2) Ethics and governance (6.1) 37 106 2-27 Compliance with laws and regulations Strategy and management (2) Climate protection and resource efficiency (3.2) Ethics and governance (6.1) 37 54 106 2-28 Membership of associations and interest groups Strategy and management (2) 40 Stakeholder engagement 2-29 Approach to stakeholder engagement Strategy and management (2) 37 2-30 Collective bargaining agreements People at Festo (5.1) 84 GRI 3: Material topics 2021 3-1 Procedure for defining report content and topic boundaries Strategy and management (2) 38 3-2 List of material topics Company portrait Strategy and management (2) 8 38 GRI Designation (section) Page 3-3 Management of material topics Company portrait Strategy and management (2) Climate protection and resource efficiency (3) Technical education (4) People at Festo (5) Ethics and governance (6, 6.4) 9 36 43 70 80 104, 119 Material topics: GRI 200 Economy GRI 201: Economic performance 2016 201-1 Direct economic value generated and distributed Company portrait 6 201-2 Financial implications of climate change for the organization and other risks and opportunities associated with climate change Ethics and governance (6.4) 118 GRI 202: Market presence 2016 202-2 Proportion of senior managers recruited from the local community In 2023, 75 percent of managers at the company’s main business location in Germany were recruited locally – that is, within Germany. GRI 203: Indirect economic impacts 2016 203-1 Infrastructure investment and promoted services In recent years, we have invested in various new buildings and internal infrastructure measures around the world to support our core business. Strategy and management (2) 37 GRI 204: Procurement practices 2016 204-1 Proportion of spending on local suppliers Ethics and governance (6.3) 112 GRI 205: Anti-corruption 2016 205-1 Operating sites assessed for risks related to corruption Ethics and governance (6.1) 106 205-2 Communication and training on anti-corruption policies and procedures Ethics and governance (6.1) 106 122 123 1. Blue World 2. Strategy and Management 3. Climate Protection and Resource Efficiency 4. Technical Education 5. People at Festo 6. Ethics and Governance 7. GRI Index 8. Report Profile Festo SE & Co. KG Sustainability Report 2023 Festo SE & Co. KG Sustainability Report 2023
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