Facts and Figures

Last revised 12/31/2019

KEY FIGURES APPLICABLE TO EMPLOYEES

Feintool is active worldwide and values cultural diversity among its employees. The key figures shown here for the 2019 reporting year apply to all Feintool locations, with the exception of the service centers in Atsugi and Shanghai, which are not material to the data presented in this report.

DIVERSITY

The Feintool Group’s mission statement and Code of Conduct make it clear that the company expressly promotes diversity and requires all employees to treat each other with respect – regardless of age, gender, background, or worldview.

Composition of employees at the end of 2019 excluding students, trainees, interns, and temporary workers

QUALIFIED EMPLOYEES

Approximately two-thirds of the 2 481 Feintool employees included in this data set work in Europe. Only around six percent work on a part-time basis. Women account for approximately 17 percent of the workforce. In addition, 105 students, vocational trainees, and interns were trained in the past financial year. At the end of 2019, Feintool employed 248 temporary workers. Approximately 40 percent of employees are represented by a trade union or are subject to collective bargaining agreements.

The age distribution shows that Feintool benefits from experienced specialists. We believe that retaining these employees – while at the same time supporting young talent – plays an important role in the company’s success. This is why we offer professional development and advanced training opportunities to both older and younger employees.

Employees by age group

EMPLOYEE TURNOVER

Recruitment and training are key activities in order to retain employees over the long term. In 2019, the turnover rate across the entire group stood at 13 percent, with turnover significantly higher in the United States than in Europe or Asia. The increased turnover rate there was partly due to restructuring activities and US labor laws. As expected, the number of employees under 30 years of age who left the company was higher than in the other age groups. Our focus on the core areas of recruitment and training should help to ensure that employees remain loyal to the company over the long term.

Turnover overall and by region

Employee turnover is calculated on the basis of employees with permanent employment contracts and does not include employees leaving due to retirement.

SAFE AND HEALTHY AT THE WORKPLACE

The safety of our employees at their workplace is our top priority. As such, Feintool’s management strictly monitors compliance with company policies and the Code of Conduct in order to prevent workplace accidents and avoid or prevent illnesses. In a workplace accident that resulted in the death of an employee in the United States, the supervisory authority determined that Feintool was not at fault. The case was closed. We all need to strictly monitor compliance with company policies in order to prevent workplace accidents and avoid or prevent illnesses. Management has a particular responsibility in this regard.

In the case of the fatal workplace accident in the United States disclosed here, the supervisory authority determined that Feintool was not at fault. The case was closed.

* Accident frequency rate (AFR): number of accidents per 200 000 hours worked.
** Accident severity rate (ASR): number of lost workdays due to accidents per 200 000 hours worked.
*** At least 180 lost workdays per case.

Environmental indicators

We calculate our footprint in the main areas of energy, emissions, waste, and materials at all of our locations on an ongoing basis, with the exception of the service centers in Atsugi and Shanghai. The environmental indicators for the 2019 reporting year can be found here.

ENERGY

The consumption of energy and raw materials, especially steel, is of central importance to Feintool’s production processes and core business activities. This is why ongoing measures are implemented throughout the group to increase energy efficiency and thus reduce greenhouse gas emissions. In 2019, this included optimizing building technology (air conditioning and lighting) and technical processes (e.g. modernizing machines, optimizing compressed air supply and distribution).

Feintool’s total energy consumption in 2019 stood at approximately 133 000 megawatt hours (MWh). At almost 77 percent, electricity accounts for the largest share, followed by combustibles, fuels, and district heating.

EMISSIONS

This area focuses on greenhouse gas emissions (including, but not limited to, CO2 emissions) that are reported in accordance with the global requirements of the Greenhouse Gas Protocol (GHG Protocol). This protocol was, in turn, developed by the World Resources Institute (WRI) and the World Business Council on Sustainable Development (WBCSD). In accordance with the GHG Protocol, the GRI Standards distinguish between three classes of greenhouse gas emissions:

• Direct emissions generated by combustion in the company’s own facilities (Scope 1)
• Indirect emissions from the generation of purchased energy (Scope 2)
• Other indirect emissions that are caused by the company’s activities but are not under Feintool’s control – for example indirect GHG emissions from suppliers or business travel (Scope 3). We have not yet measured these emissions.

Feintool’s quantifiable energy savings in 2019 primarily stemmed from a reduction in electricity consumption and amounted to more than 1 000 MWh for the reporting period, which was accompanied by a reduction in greenhouse gas emissions of almost 540 tons of CO2 equivalent (tCO2e).

In 2019, greenhouse gas emissions totaled approximately 48 000 tCO2e. At more than 86 percent, electricity consumption was the largest source of emissions, followed by the consumption of combustibles, fuels, and district heating.

WASTE

Through systematic waste management, Feintool ensures that the majority of its production waste is recycled and can therefore be reused as raw material. Different types of waste are produced at the production facilities, with scrap metal accounting for the largest share. All waste fractions are recycled using specific recycling methods. Feintool recycles 100 percent of its metallic production waste as well as paper and cardboard. The company also achieved a high recycling rate of 86 percent for hazardous waste. In total, the percentage of waste that was recycled stood at 98 percent. As a result, Feintool is making an important contribution to the conservation of natural resources.

MATERIALS

Metals are clearly the main focus of Feintool’s production processes. Steel plays a particularly important role in the manufacture of high-precision components, which is why almost 99 percent of our total material input consists of this raw material. The extraction and production of metals is both resource- and energy-intensive. At Feintool, metal production waste is therefore systematically returned to the material cycle via recycling.

Financial figures (link)

The negative business environment impacted our 2019 results. We are working on technological innovations in preparation for the market’s recovery. The coronavirus pandemic that began in early 2020 has made our business activities worldwide even more difficult – but there are clear signs of an upward trend.