Sustainability

We value sustainable development

Partnership with our employees and business associates, acceptance of social responsibility and respect for the environment are integral elements of our culture and strategy.

SFS is a UN Global Compact member and pledges to adhere to its ten principles. We use these principles as the basis for a comprehensive presentation of our current and planned activities in the areas of human rights, labor, environment and anti-corruption. This is documented in our annual report for the first time.

Human rights

Our Corporate Principles are the common basis for approximately 8,000 employees and the linchpin of SFS culture. The common values shape the way we work together and are key elements of our success. The Code of Conduct sets out the guidelines for our day-to-day actions in the business environment and is binding for every SFS Group employee. In order to enable centralized risk analysis once a year, SFS has a standardized reporting process in place.  

Labor

SFS invests heavily in the development of young talents within its own ranks. In Switzerland, SFS trains approximately 160 apprentices in ten professions, corresponding to about 7% of the entire Swiss workforce. Moreover, SFS aims to fill 80% of management positions by promotion of employees through the ranks and thereby secure SFS culture and the values we embody. SFS is proud to be able to count on a very loyal workforce. The average employee has been with the company for almost 12 years (not including Asia), with no more than minimal differences between sites.

Environment

A constant striving for improvement is firmly anchored in SFS's corporate culture. Alongside our achievements in customer projects, notable examples include our efforts in lean management, the quest for more energy-efficient solutions and the use of renewable energy. In order to measure the energy consumption at the relevant sites, a harmonized reporting system was implemented in 2015. The following parameters are measured on a yearly basis: energy consumption, process gas consumption, water consumption, waste volumes and CO2 emissions. Robust, comparable data will be available for the first time on completion of the 2016 reporting period.

Based on our annual consumption of raw material and the emissions associated with producing steel and with machining operations, the use of cold forming technology compared to metal-cutting techniques avoids approximately 300,000 tons of CO2 emissions.

Anti-corruption

We are committed to fair competition. An anti-corruption guideline document was drawn up in 2015 to complement the Code of Conduct and the introduction was supported by an e-learning program. The guideline is to ensure that employees who might be exposed to corruption issues in the course of their job are sufficiently aware of the dangers.

Priorities 2016

  • Consolidate process and organization related to reporting violations of the Code of Conduct
  • Intensification of vocational training at our sites in the US and Germany
  • Standardization of quality, environment and safety report containing the key performance indicators
  • Worldwide implementation of the anti-corruption guideline
SFS complies with the most demanding workplace safety and environmental standards by utilizing modern machinery and equipment and raising employee awareness of these issues.