What is "3P"?
Objectives of "3P"
It is about firmly anchoring sustainable management in our strategy and operational business.
Frank Gfrörer CEO of the BLANCO-Group and responsible for sustainability in the management board of the BLANC & FISCHER Family Holding
Organization of "3P"
Implementation of "3P"
To strategically prioritize sustainability activities, the BLANC & FISCHER Family Holding carried out a materiality analysis in 2019 in line with the UN Sustainable Development Goals (SGDs). In 2023, a materiality analysis will be conducted in accordance with the new legal requirements from the EU Corporate Sustainability Reporting Directive (CSRD). So far, the emissions have been determined in accordance with Scope 1 (direct emissions, e.g. from own energy generation and fleet operations) and Scope 2 (indirect emissions from purchased energies such as electricity, district heating) following the Greenhouse Gas Protocol (GHG). The upstream and downstream emissions according to Scope 3 (in particular purchased goods and transport) will also be analyzed in 2023, to identify any significant reduction potential. These measures serve as the basis for firmly anchoring sustainable management in the strategies of the BLANC & FISCHER Family Holding and its business groups.
Sustainability reporting by the BLANC & FISCHER Family Holding and its companies will be gradually aligned with the legal requirements from the CSRD and the EU Taxonomy, which will be mandatory for the first time in the 2025 fiscal year. Previous reporting, which addresses financial aspects, is expanded to include non-financial information in the fields of environment (E), social (S), and corporate governance (G). This Sustainability Report is based on the Global Reporting Initiative (GRI) and reports the corresponding GRI key figures, in case available.
The Spanish site of the E.G.O.-Group, E.G.O. Appliance Controls, S.L.U. (EAC), is located in Lliçà de Vall (near Barcelona) in a region severely affected by water scarcity. Employees have therefore been working hard to reduce their water consumption since 2020—with great success.
Besides sustainability, the introduction of digital technologies is currently one of the biggest challenges companies are facing. Everyone is talking about “digitalization”, one of the buzzwords of recent years, and new solutions and business models are literally sprouting from the ground.