Dear Readers, As the new Chairman of the Management Board, it gives me great pleasure to invite you to read the Sustainability Report 2023. In our latest report, we show you how Festo, as a family-owned company, understands and embraces sustainability across various dimensions. In addition to the social perspective, our focus in the context of sustainability is on climate protection. Our aim here is to demonstrate the technological expertise of the entire Festo team in the area of energy and resource efficiency along the value chain. Already in research and development, we deal with challenges relating to the selection of materials and the innovative functionalities of our products with the aim of significantly reducing the impact on our environment. Digitization and artificial intelligence will become increasingly important for us as an automation and learning company. We are convinced that, alongside the continuous development of our product hardware and the addition of digital features, we offer our customers priceless added value. At the same time, we are working on answers to the existential challenges of our time. However, dear readers, we can only meet these challenges together – through GRI 2-1, GRI 2-11, GRI 2-22, GRI 2-23 broad-based partnerships that are open to innovation. The next industrial transformation toward a climate- friendly circular economy requires courage, pioneering spirit, entrepreneurship, and innovative strength. It’s all in our DNA. In this report, we use our Blue World to show you how we are advancing into completely new solution areas in many industries with our automation ideas and are thus enablers of a sustainable future. Two outstanding awards in 2023 show us that, as a company, we are on the right track with our efforts. We are proud to be the winner of the UNIDO Innovation Award with our Didactic unit and to be awarded the German Sustainability Award in the same year. These awards confirm that we are on the right track with our holistic approach, where climate protection and people are at the heart of our efforts. I hope you enjoy reading our Sustainability Report 2023. Dipl.-Ing. (FH) Thomas Böck, Chairman of the Management Board of Festo SE & Co. KG Dipl.-Ing. (FH) Thomas Böck, Chairman of the Management Board of Festo SE & Co. KG 4 5 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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