VAT Group AG
/ Key word(s): Annual Results/Sustainability
VAT, the leading global supplier of high-end vacuum valves, published its third annual Sustainability Report today, providing stakeholders with a broader and more robust range of environment, social and governance (ESG) metrics, the progress made versus its inaugural ESG targets and an overview over its external ESG ratings. VAT’s improvements demonstrate the increased priority given to sustainability and ESG performance by the Board of Directors and executive management, as well as the growing awareness of many ESG topics within the company. The execution of the ESG measures and targets from the company’s mid-term strategic plan back in 2022 have gained companywide traction. “VAT includes sustainability considerations in how we operate the business, and we have embedded ESG performance criteria in our strategic plan,” said Martin Komischke, Chairman of VAT’s Board of Directors. “We will continue to make progress in our ESG efforts, and we have started to take additional important steps towards our goal to become an ESG leader in our industry.” The Sustainability Report 2023 has again improved data collection over the Sustainability Report 2022 in areas such as GHG emissions, energy consumption, and waste generation. The report is compliant with the Swiss directive on non-financial disclosure, applicable going forward for the first time for the business year 2023. Stakeholder dialog Following up on initiatives started in 2022, VAT has continued measured alignment with the Responsible Business Alliance Code of Conduct in areas such as labor practice, health and safety, environment, ethics, and management systems. “For VAT, the integration of ESG principles into its business strategy, operational processes and company culture will remain a management priority in 2024,” said Urs Gantner, CEO. “In line with the company’s ESG targets, VAT will focus on climate protection, sustainable resource use, and increased employee diversity.” VAT continues to engage with ESG and stewardship teams of its investor base and incorporates feedback received on best practices and recommended verification providers and rating agencies. Download The Sustainability Report 2023 is available in English and can be downloaded from VAT’s website.
Financial calendar 2024
ABOUT VAT Except as otherwise required by law, VAT disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this report. News Source: VAT Group AG
End of Media Release |
Language: | English |
Company: | VAT Group AG |
Seelistrasse 1 | |
9469 Haag | |
Switzerland | |
Phone: | +41 81 771 61 61 |
Fax: | +41 81 771 48 30 |
E-mail: | reception@vat.ch |
Internet: | www.vatvalve.com |
ISIN: | CH0311864901 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1884285 |
End of News | EQS News Service |
|
1884285 19.04.2024 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.