Our Strategy

Sustainability has always been a cornerstone of Oerlikon’s R&D, business and strategy. Among our core convictions is the belief that companies and the global economy can achieve continued growth without exhausting the world’s natural resources or exploiting its people. 

Strategy

GRI 2-22

Profit and purpose can complement, rather than compete with, one another to realize sustainable, long-term value for all stakeholders: customers, investors, employees and society. We have captured this principle in our Sustainability and Health, Safety & Environment (HSE) Policy that was published in January 2022.

Our overarching purpose is to enable industries and customers to do more with less. Our vision is to empower our customers to increase their efficiency and productivity, optimize their usage of resources, lessen their energy consumption and reduce waste and emissions. Whenever we perfect a technological advance that achieves these objectives, we are acting both as a commercial enterprise and a caretaker of the planet and its inhabitants.

Governance: Sustainability embedded across Oerlikon

GRI 2-9,10,11,12

Governance: Sustainability embedded across Oerlikon

What sustainability stands for at Oerlikon

Purpose

  • Enable industries and customers to do more with less.

Vision

  • Empower customers to increase their efficiency and productivity, optimize their use of resources and reduce their energy use, water consumption and waste.

Focus

  • Provide customers with ecologically designed and industry-standard safe products to help them attain their emissions, consumption and waste reduction targets.
  • Increase R&D investment in new sustainable products and in existing products to make them even more sustainable.
  • Minimize the environmental impact of our own operations across the entire life cycle and value chain (incl. reducing emissions and optimizing use of scarce resources).
  • Embrace circular economy and responsible procurement and manufacturing in product life cycle management and operations.
  • Ensure Zero Harm to People (incl. employees, contractors, suppliers, visitors and the community).
  • Increase awareness and promote diversity, equity and inclusion.
  • Engage and forge partnerships with stakeholders to improve processes and uphold optimal governance, social, environmental and sustainability standards.
  • Embed other sustainability KPIs in management and employee remuneration.

 

Delivering sustainable R&D and solutions for customers will always be a priority, but our standards of excellence extend to our own operations, diversity programs, governance and compliance oversight.

Oerlikon’s leadership and management fully embrace this link between our operations and sustainability, a commitment demonstrated by our continued investment in the company’s sustainability organizational framework (see governance graphic on page 10 on how sustainability is embedded across Oerlikon). 

Overseen by representatives from the strategic, operative and business levels, the framework holds each employee individually responsible for upholding the principles of the Sustainability & HSE Policy. Line management is responsible for ensuring alignment in business activities and processes within their area of responsibility.

Ultimately, we want to focus on the areas that we can make the most meaningful sustainability difference, both through our products for customers and in our own operations.

This is our approach to the simultaneous creation of market and social value. With sustainability goals that complement our obligations to customers and support our profitable growth targets, we are well positioned to maintain Oerlikon’s technological leadership while delivering sustainable value to all stakeholders.

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