ESG Strategy

Sustainability is integral to our business strategy, enabling Bystronic to create lasting value that benefits our customers and stakeholders.

Following the transformation of Conzzeta, Bystronic started its sustainability journey as a stand-alone company in 2021. In 2022, the Bystronic management team took on a whole new strategic focus.

Our impact goes far beyond our operations and is directly tied to the operations of our suppliers and customers. Significantly, around 70% of our value chain emissions are generated from customers’ use of our products. Taking a value chain approach to sustainability materiality assessment allows Bystronic to identify a broader range of risks, impacts, and opportunities.

We foster mutually beneficial relationships with all our stakeholders by prioritizing their needs and concerns. This approach allows us to facilitate meaningful and productive discussions with those who will be impacted by our actions. We maintain ongoing communication and actively seek input from various stakeholder groups regarding sustainability issues.

The foundation of our framework rests on three pillars, which we believe will make the biggest difference. These pillars are a representation of our actions in ESG.

In 2021, we conducted a materiality assessment to identify the topics that are most relevant for our business. We developed impactful ambitions out of which we created our strategic framework. This ensures ESG is integrated in our business strategy and executed decentrally via all departments and employees.

In 2023, we were able to publish mid-term sustainability targets including the commitment to the Science Based Targets supported by our net-zero roadmap.

We recognize that effective gover­nance is crucial to achieving our 2030 sustainability mid-term targets. Since the start of our sustainability journey, we have been taking steps to continuously improve our approach to governance.

At Bystronic, we have integrated sustainability into our business strategy and decentralized execution throughout the organization so that sustainability becomes the way we do business. To constantly track and improve our sustainability performance, we are using our proprietary ESG performance management system, a comprehensive approach towards end-to-end sustainability management.