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Sustainability.
As a driver of innovation for automotive components, industrial applications, and renewable energies, we are continuously expanding technological boundaries to develop new solutions for steel sheet processing. In our sustainability management, we pursue clear group-wide goals and are actively contributing to a carbon-neutral economy.
Increase efficiency for more sustainability
Technologically one step ahead.
We are continuously improving our processes and products to enhance efficiency and conserve resources. We see ourselves as pioneers in our industry and achieve long-term sustainable success in the market, all without compromising the well-being of future generations.
Good Governance.
Strong ESG rating
For many years, the Feintool Group’s corporate policy has prioritized two crucial aspects of sustainable action: fostering a fair, healthy, and collaborative corporate culture, and preserving the environment for the long term. Feintool’s commitment to sustainability is proving effective. The Group underwent an ESG rating assessment by Morningstar/Sustainalytics in 2023. The assessment delineates five risk ratings that can impact the company’s value. With a rating of “17.7, Low Risk”, Feintool is starting out with a very strong initial assessment.
Data Security
The protection of customer data and information security are of high priority for Feintool. In 2023, we successfully underwent the TISAX assessment. TISAX, short for Trusted Information Security Assessment Exchange, signifies a distinguished certification for digital data transfer in the automotive industry.
Compliance
Compliance with legal regulations and internal policies is a fundamental principle for Feintool. The company has long defined appropriate responsibilities and has established complaint mechanisms through independent bodies, as well as sanction mechanisms. To meet its commitment to value-oriented actions, a strict Code of Conduct applies to all employees and the Supplier Code of Conduct applies to our suppliers.
Risk Management
In the future, group-wide findings of all impacts, risks, and opportunities will be aggregated and standardized more effectively. This analysis is equally critical to the success and reputation of the company as adherence to all laws, standards, and internal policies. Already in 2022, Feintool had initiated an initial risk assessment for the steel supply chain, recognizing steel as the primary and most crucial preliminary product for the Group’s business model. In 2023, a comprehensive risk assessment was conducted for this value chain, focusing on upholding human rights, particularly addressing concerns related to child labor. The company also enhanced the climate assessment for its supply chains (Scope 3).
Learn more about Feintool’s Corporate Governance
Policies.
Stakeholder Dialogue.
Environmental responsibility.
The Feintool Group’s energy consumption totaled approximately 150 000 megawatt hours (MWh) in 2024. Electricity accounts for about three quarters of total energy consumption, with the remainder coming from combustibles, vehicle fuels, and district heating. To reduce its carbon footprint, Feintool prioritizes renewable energies, including certified green power. Once again in 2024, the company implemented numerous environmental initiatives and efficiency projects , reducing electricity consumption by around 1900 MWh.
Actions.
Certifications.
A committed employer.
The demand for skilled and energetic workers and managers is rising globally. It is widely recognized that the newest generation in the workforce seeks different criteria compared to their predecessors. Under the motto “Details matter. I matter.”, the Group presents itself as a sustainable company offering appealing job prospects worldwide.
Goal-oriented development of talented employees pays off. In the global FEINtalent global development program, participants work on specific projects and have the opportunity to develop their skills.
Feintool provides fair and healthy working conditions, a variety of attractive training and advancement opportunities, and fosters a corporate culture that places the individual at the center.
Health.
Talent development.
Diversity.
Integrity and respect.
What we stand for.
Sustainable Corporate Governance.
We have anchored the principle of sustainable corporate management in our Group-wide “Strategy 2030” and defined clear targets for the areas of environment, employees, innovation, and governance.
Each subsidiary company has its own roadmap in line with these goals. Because we see ourselves as a committed part of the solution to achieving global climate goals, we assume responsibility for people and the environment.
In concrete terms, this means:
- achieving profitable growth that creates sustainable added value on the way to a carbon-neutral economy
- ensuring the safety and sustainability of our products and production processes
- assessing the impact of our business activities on society and the ecosystem
- addressing working conditions within our supply chains
- ensuring fair treatment of our customers, suppliers, and research partners
- fostering a culture of respect and collaboration within the Feintool Group.
Since 2019, we have been publishing an annual report based on the guidelines provided by the Global Reporting Initiative (GRI) and the Corporate Sustainability Reporting Directive (CSRD) of the European Union. Feintool’s diverse ESG (Environmental Social and Governance) activities also contribute to the achievement of the United Nations’ Sustainable Development Goals (SDGs). Our focus is on four key areas: clean energy, decent work, innovation, and sustainable consumption.
Sustainable Solutions.
Sustainability Reports.
Sustainability Report 2024
The sustainability report for 2024 is available for download.
Sustainability Report 2023
The sustainability report for 2023 is available for download.
Sustainability Report 2022
The sustainability report for 2022 is available for download.
Sustainability Report 2021
The sustainability report for 2021 is available for download.
Sustainability Report 2020
The sustainability report for 2020 is available for download.
Sustainability Report 2019
The sustainability report for 2019 is available for download.
Company.
Work @
Feintool.
A career with Feintool means a lifetime of unfolding your potential. With our global presence, our employees have abundant opportunities to grow and thrive across seven countries on three continents. Transform your job into a true calling. Unleash your passion.
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