HAN Rail GmbH
Sustainability as a success factor in the rail industry Customer:…
Use the opportunities of sustainability for greater efficiency and competitive advantages
As a company in your sector, mechanical engineering, you are used to deal with major challenges. Sustainable management and the integration of ESG criteria are nothing new. ESG stands for the terms environmental, social and governance – responsible corporate management. Depending on the size of your company, the requirements in these areas may be legally regulated or voluntary. In any case, these topics are of increasing importance for your stakeholders, from customers and partners to clients and financial institutions. The development of Climate Strategies, Materiality Analyses, calculation of Carbon Footprints, participation in Ratings and the continuous implementation and improvement of sustainability provide you with advantages in terms of reputation and measurable savings.
At DFGE, we have been supporting companies for more than 25 years on their path to greater sustainability in their own company and along international value chains. Always holistic, fact-based and scientifically sound. We have compiled the most important sustainability challenges in mechanical engineering and possible solutions for you here.
Those who take a structured approach to ESG today will have a clear advantage tomorrow. DFGE supports mechanical engineering companies with a practical ESG roadmap that is scientifically sound, conforms to standards and can be implemented immediately – without greenwashing, but with measurable results:
Without a valid Carbon Footprint, any sustainability measure is just lip service. Only when you know where you stand can you take action for more sustainability. Scope 1, 2 and 3 need to be recorded here. And also to take a look at the bigger picture along the value chain.
After the Carbon Footprint calculation, you can develop a climate strategy that includes the specific climate targets you are aiming for and your company’s decarbonization plan to continuously reduce CO2 emissions along the value chain.
You define your company’s climate targets. The Science Based Targets Initiative (SBTi) provides the framework for science-based climate targets. Stakeholders and partners can also request the documentation and communication of climate targets, i.e. climate targets according to CSRD (without SBTi) or carbon neutrality according to ISO 14068.
The Climate Action Plan serves as an action plan for implementing the identified reduction potentials for decarbonization. In some cases, a Climate Transition Plan must also be drawn up to meet ESG requirements.
The topics addressed in the ESG strategy vary. The decisive factors here are your products/services as well as your customers and clients. It can be environmental issues such as pollution, water or biodiversity. Social aspects can include working conditions, labor rights and more. And governance issues are never the same for all mechanical engineering companies. It is therefore particularly important in the double materiality analysis to identify the issues that are relevant to you and then to implement measures accordingly.
The EU Corporate Sustainability Reporting Directive (CSRD) is forcing companies to produce more detailed sustainability reports. Much has just been scaled back a little. This is a good thing – we need less bureaucracy. We definitely need more sustainability – whether as a large company in accordance with the CSRD, as a smaller company in accordance with the Omnibus or on a voluntary basis.
The importance of the supply chain and the entire value chain in the mechanical engineering industry is in focus on the path to sustainable business. Are your products and your supply chain extensive? How can it be recorded internationally? The most important reporting initiative here is certainly EcoVadis, which helps manufacturers to achieve sustainability reporting along the supply chain.
Circular economy, life cycle assessments (LCA) and resource efficiency are big buzzwords. If you want or need to take action here, you need to have a comprehensive understanding. The interactions and the risk of suspicion of green washing are great.
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Sustainability as a success factor in the rail industry Customer:…
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