GF releases its Sustainability Report 2018
Over the last years, GF implemented various measures to improve sustainability. Thanks to these initiatives, emissions have been reduced and in particular, the CO2 footprint was improved again.
To define its commitment and to regularly assess it, in 2015, GF established 18 ambitious sustainability targets in the four categories Products & Innovation, Procurement & Logistics, People & Safety as well as Environment & Energy.
In 2018, GF achieved again substantial progress. The company generated 47% of its sales with products that have a social or environmental benefit for its customers. Examples include safe and leak-free distribution of water and gas, lighter components for vehicles and more energy-efficient production of metal products with GF machine tools.
GF reduced its share of non-recycled waste by six percentage points compared to the previous year, an outcome that was 16 percentage points better than the target. GF lowered its CO2-equivalent emissions year-on-year by two percentage points. Emissions were therefore five percentage points below the set target.
Every year, GF issues a sustainability report to document the development.
GF comprises three divisions: GF Piping Systems, GF Casting Solutions, and GF Machining Solutions. Founded in 1802, the Corporation is headquartered in Switzerland and is present in 33 countries with 140 companies, 57 of them production facilities. Its 15’027 employees generated sales of CHF 4’572 million in 2018. GF is the preferred partner of its customers for the safe transport of liquids and gases, lightweight casting components, and high-precision manufacturing technologies.
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