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MWh energy savings in 2023.
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Sustainability.
As a driver of innovation in the areas of automotive, manufacturing, and renewable energies, we are continuously pushing technological boundaries to create new solutions for steel sheet processing. We develop solutions that conserve resources. In our sustainability management, we pursue clear group-wide goals, and by doing so, we 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, positioning it in the top 19 percent among its peers.
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. No significant compliance violations were reported in 2023.
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.
In 2023, Feintool’s total energy consumption amounted to approximately 153,500 megawatt-hours (MWh). Despite the revenue growth of the Feintool Group, energy consumption was reduced by three percent compared to the previous year. Electricity accounted for over 74 percent of the total energy consumption, followed by fuels and district heating.
Feintool continuously implements measures aimed at increasing energy efficiency and thereby reducing greenhouse gas emissions. The procurement of green energy also makes a significant contribution to these efforts.
Services.
Certifications.
An attractive 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. In alignment with job market shifts, Feintool is rolling out diverse development programs and benefits. 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. Thirty participants in the FEINtalent global development program collaborated on projects spanning several months. As of mid-2023, the results of projects in areas such as electromobility are now in. 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.
We see ourselves as a committed part of the solution to achieving global climate goals. 
Torsten Greiner, CEO.
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 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.
Business Units.
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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