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Sustainability management

Economic, ecological and social activities in harmony

 

FUCHS sees sustainability as core element of sound corporate management. The Sustainability Guideline published in 2012 contains standards for responsible business practices and is considered as binding sustainability framework for the Group's global business operations. Based on this, FUCHS is committed to three central sustainability targets, which are operationalized by a comprehensive key performance indicator system and documented in the annual Sustainability Report.

Economic:  Our goal is to increase company and shareholder value both reliably and continuously.

Ecological:  We are continuously reducing our ecological footprint through targeted product and process-based measures. 

Social:  We take over responsibility toward our employees and society.

Economic Responsibility

FUCHS considers economic responsibility to be the adoption of a long-term business orientation with the objective of continuously increasing company value, as well as creating shareholder value. Business activities are therefore based on the following principles:

  • FUCHS bases its corporate decisions on realistic, economically sound and long-term objectives
  • FUCHS pursues a dividend policy that is geared to providing continually increasing, or at the very least stable, dividend payouts

The central key performance indicator (KPI) for corporate management is the FUCHS Value Added (FVA). As economic profit, the FVA embodies a holistic approach that takes into account both earnings (EBIT) and capital employed. At FUCHS, the development of net operating working capital (NOWC) has a particular influence on the level of capital employed. The main components of NOWC are inventories and trade receivables.

Economic KPIs

 20212020
FUCHS Value Added (FVA) in € million205165
Earnings before interest and tax (EBIT) in € million363313
Net operating working capital (NOWC) in € million606544
Total dividend payout in € million142137

Ecological Responsibility

We are continuously reducing our ecological footprint through targeted product and process-based measures. 

  • FUCHS invests in modern and safe systems and process optimization. This helps reduce energy and water consumption, as well as production waste
  • With lubricant products that are optimally matched to their respective applications, FUCHS increases the efficiency of its customers' production process and makes a contribution toward reducing emissions
  • FUCHS invests in alternative raw material solutions that support the conservation of the environment and  resources
  • FUCHS' R&D activities are keenly focused on the development of resource-saving and environmentally-friendly products

With these measures, FUCHS is making a valuable contribution toward reducing its environmental impact and resource consumption, and thereby also contributing to sustainability in the ecological sense.

Targeted transfer of knowledge at all levels in the FUCHS Group and consistent compliance with specified guidelines/directives, as well as continuous measurement of defined KPIs, allow us to critically analyze our commitment.

Ecological KPIs

Energy consumption

specific (in kWh/ton produced)

 

absolute (in MWh)

 

Basis: CO2 emissions of FUCHS production, sales and holding companies (without offsetting certificates of origin for "green electricity").

 

 

Water consumption

specific (in liters/ton produced)

 

 

 

absolute (in m3)

 

Basis: Water consumption of FUCHS production, sales and holding companies.

 

 

Waste generation

specific (in kg/ton produced)

 

 

 

absolute (in tons)

 

Basis: Waste generated by FUCHS production, sales and holding companies.

 

 

 

CO2 emissions ("gate-to-gate")

specific (in kg/ton produced)

 

 

 

 

 

 

absolute (in tons)

 

 

Scope 1: Direct emissions, including own energy generation.

Scope 2: Indirect emissions through purchased energy.

Scope 3: Other indirect emissions along the value chain.

 

Basis: CO2 emissions of FUCHS production, sales and holding companies (without offsetting certificates of origin for "green electricity").

Social Responsibility

For FUCHS, social sustainability means assuming responsibility both for its employees and for society at large.

Responsibility for employees: We see our employees as the basis of our success and have permanently anchored this concept in our personnel policy.

  • FUCHS is committed to compliance with human rights and labor standards, as well as to promoting health and safety at the workplace
  • FUCHS ensures a balanced mix of specialists and all-rounders when filling key positions at the company
  • Wherever possible, FUCHS also fills positions that become vacant with experienced employees from within the company
  • FUCHS invests in training young people, as well as in the development and promotion of up-and-coming talents
  • FUCHS offers its employees support in combining their career with a family

Responsibility for society: We are engaged in various corporate citizenship activities, as we also bear responsibility for our social environment.

  • FUCHS supports cultural projects with the aim of securing a versatile and attractive cultural offering 
  • FUCHS is committed to social projects and supports voluntary work, as well as social organizations and establishments
  • FUCHS promotes scientific projects and socio-scientific exchange

Employee concerns

 Social indicators

 

20212020
Average age of employees in years4344
Age structure of employees in %  
< 30 years1514
31-40 years2828
41-50 years2728
> 50 years3030
Average length of service of employees in years1010
Employee fluctuation1 in %53
Work related accidents2 per 1,000 employees109
Days lost due to sickness per employee99
Proportion of women in management positions in %2424
Average further training and education per employee in hours1213

1 Share of employees leaving the company voluntarily.

2 Number of accidents with more than three absence days.

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