DGAP-News: WashTec AG
/ Key word(s): Sustainability
Publication of Sustainability Report 2021
Economic sustainability WashTec is no newcomer to sustainability. A carwash with a water treatment system can wash and finish a car using around one-fifth of the fresh water needed for a carwash without water recycling. Three building blocks form the basis for sustainable car washing at WashTec. The wash process with numerous program settings to minimize resource use, washing chemicals in the form of Green Car Care products developed by WashTec subsidiary AUWA, and the water treatment system, which recirculates washing water in various process stages and cuts water consumption to a minimum. The formulations of our chemical products are based on renewable ingredients. Our certified label for this product series is called Green Car Care. Environmental sustainability In our operating activities, too, we are equally passionate about sustainability in terms of resources, energy, emissions and waste. We continuously improve our processes on the basis of regularly monitored performance indicators. An interdisciplinary environmental and energy team serving all sites is responsible for continuously analyzing environmental and energy-related issues during the year and for inferring and implementing measures to enhance sustainability. A major part in these activities is played by digitalization. WashTec determined the carbon footprint for all Group production sites on the basis of DIN EN ISO 14064-1 for the first time in 2020. An important goal to which WashTec is committed is the reduction of CO2 emissions by 30% per €m revenue in the countries where we have production operations. WashTec supports sustainable initiatives and takes part in networks and agreements to work together with other companies in this regard. Among others, these include the Bavaria Environmental and Climate Pact. By participating in the Augsburg Economy Climate Pact, WashTec contributes to reducing CO2 emissions in the greater Augsburg area. Social sustainability Corporate policies geared to the needs of our workforce are a basis of our business and corporate success. For our journey to fully embed sustainability at WashTec, we work in cross-functional and cross-hierarchical teams. We call this approach Obeya@WashTech. It is based on the recognition that truly important ambitions and transformations can only be achieved by taking into account as many perspectives as possible from across the whole organization. We attach great value to working in trusting partnership with our employees. It is they who make our Company what it is. Diversity is an important topic that we will make an even greater focus going forward. Sustainability means assuming responsibility, for ourselves and for others. And sustainability also presents a great opportunity for WashTec’s future. It is a pivotal topic for us. We see this report as a framework to prepare ourselves and our stakeholders for the future. To conserve resources in publication of the report as well, we are not publishing a printed sustainability report. You can find all the information at www.washtec.de and access the Sustainability Report directly here. About WashTec: The WashTec Group, based in Augsburg, Germany (www.washtec.de), is the leading provider of innovative solutions for carwash worldwide. WashTec employs over 1,700 people and is represented by its own subsidiaries in the core markets of Europe, the USA and Canada, as well as in China and Australia. In addition, WashTec is on the map in some 80 countries through independent dealers. Inquiries and further information: WashTec Holding GmbH Rabea Nikolay Phone: +49 821 55 84-1524 Email: rnikolay@washtec.com
04.07.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | WashTec AG |
Argonstraße 7 | |
86153 Augsburg | |
Germany | |
Phone: | +49 (0)821 55 84-0 |
Fax: | +49 (0)821 55 84-1135 |
E-mail: | washtec@washtec.de |
Internet: | www.washtec.de |
ISIN: | DE0007507501 |
WKN: | 750750 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1389397 |
End of News | DGAP News Service |
|
1389397 04.07.2022
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.