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    SUN   CH0038388911

SULZER LTD

(SUN)
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Sulzer : EcoVadis awards Sulzer Mixpac AG

02/15/2021 | 09:01am EDT

EcoVadis structures their performance* rating based on 21 criteria which are clustered in four categories which are A) environment B) labor and human rights C) ethics and D) sustainable procurement practices. Sulzer Mixpac has focused significant efforts in recent years in these areas - particularly the environment and labor & human rights categories.

On the environmental side, concerning direct and indirect emissions the Haag facility has continuously worked on reducing its energy and water usage through various initiatives: installation of solar panels, replacement of fuel oil heating systems by heat pumps, improvement of heat exchangers to reduce the amount of cooling water needed, air compressor optimization, to mention only a few. The site has been certified for the Environmental Management System ISO 14001 since 2009.

To take it to the next level, Sulzer Mixpac recently started a strategic initiative aiming at reducing its Scope 3 Greenhouse Gas emissions (GHG), since this area is where the most significant reduction can be achieved. This scope includes GHG emissions related to business trips, supply chain, logistics, commuting, waste and others. In the occupational health & safety area, the Haag facility successfully transitioned in 2020 from the OHSAS 18001 to the ISO 45001 standard.

Markus Sheidbach, site Manager in Haag, 'this recognition reflects our ongoing and continuous commitment to sustainability, and we see this award as the starting point to push forward and reach the Gold standard!'. Markus' comments were echoed by Levi Quinn, Chief Operations Officer APS, who reinforced our commitment to sustainable performance by saying, 'we plan to build on this silver award achieved in Haag, and the Platinum award for Bechhofen, and deliver a program that sees all of our APS sites assessed by EcoVadis in the near future, with the target to obtain Gold status across the division by 2025. This was an excellent achievement by the Haag team, and excellent recognition of our environmental credentials'.

It is of central importance to Sulzer Mixpac to drive sustainability also on the product side: the next-generation of functional cartridges for two-component packaging and dispensing applications is the collapsible ecopaCCTM cartridge. The foldable design of ecopaCCTM reduces plastic waste by up to 82% compared to solid cartridges currently available in the market. In addition, when empty and in its collapsed form (before filling and after dispensing) the cartridge takes at least 4 times less space during shipping, storing and disposing. This leads to less truck loads and contributes to CO2 emission reduction. The ecopaCCTM cartridge, manufactured at the Haag facility, won a Sustainability Award in 2019 from Packaging Europe in the category 'Resource Efficiency'.

Learn more about Sulzer's sustainability leadership and goals here:

Disclaimer

Sulzer AG published this content on 12 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2021 14:00:04 UTC.


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Sales 2021 3 218 M 3 500 M 3 500 M
Net income 2021 144 M 157 M 157 M
Net Debt 2021 477 M 519 M 519 M
P/E ratio 2021 20,4x
Yield 2021 3,59%
Capitalization 3 110 M 3 386 M 3 383 M
EV / Sales 2021 1,11x
EV / Sales 2022 1,04x
Nbr of Employees 15 574
Free-Float 49,4%
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Jill Ghim Ha Lee Chief Financial Officer
Peter D. L÷scher Chairman
Gerhard Roiss Independent Non-Executive Director
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