PERFORMANCE, PEOPLE and PLANET - BLANC & FISCHER Sustainability

BLANC & FISCHER Family Holding
Sustainability Report 2023

StrategY

PERFORMANCE, PEOPLE and PLANET

Under the abbreviation “3P” or “Triple P”, an action framework has been created in which the business models of the BLANC & FISCHER Family Holding and its companies are enhanced for the purpose of sustainable management.

What is "3P"?

For the BLANC & FISCHER Family Holding, sustainable management means ensuring the ongoing success of the company (“PERFORMANCE”) while exercising ethical, social (“PEOPLE”), and environmental (“PLANET”) responsibility—the 3Ps. The focus is always on improving the impact on people and the environment.

Objectives of "3P"

Economic, social, and environmental impacts are taken into account in business decisions and practices. Through the holistic consideration of sustainability in products and services as well as in production and supply chains, added value is created for customers. Resources are used carefully, and fair interaction with stakeholders is also ensured.

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"

To ensure the consistent implementation of “3P” in the organization and to meet the increasingly detailed sustainability requirements and regulations, the management board of the BLANC & FISCHER Family Holding decided to set up a six-person control group in 2022. The members of the control group come from a variety of functions and business groups. It reports to Frank Gfrörer, CEO of the BLANCO-Group who is responsible for sustainability in the management board of the BLANC & FISCHER Family Holding.

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.

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Performance

Not at any price

With the war in Ukraine, rising costs, and regulation, the current pressures on companies are varied and great—also and especially for medium-sized companies. An interview with CEO Bernd Eckl about integrity, bureaucratic requirements, and potential in the BLANC & FISCHER-Group.

Planet

Thousands of liters
of water saved

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.

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Note: In the interest of text flow and readability, the use of male, female, and diverse (m/f/d) language forms is avoided for personal designations and personal pronouns. Corresponding terms generally apply to all genders in the interest of equal treatment. The abbreviated language is solely used for editorial reasons and does not imply any valuation. In general, use of the pronoun “we” refers to BLANC & FISCHER Family Holding, including its corporate groups and companies.