Responsible Business
Our stakeholders expect us to maintain high ethical standards and integrity across our business activities. Responsible Business, the governance pillar of our sustainability strategy framework, represents our approach to managing these expectations and underpins our efforts to achieve our 2030 sustainability goals.
Good Corporate Governance
Bystronic is committed to ethical conduct, compliance with the law, and adherence to the UN Global Compact principles. Our Code of Conduct provides guidelines to align our business activi-ties with our core values and principles. This includes prohibiting improper payments and bribery, managing our supply chain in a socially and environmentally responsible manner, and ensuring customer satisfaction and safety.
“One of the procurement team’s tasks is to ensure that all suppliers have signed the new Supplier Code of Conduct.”
Daniel Widmer
Senior Manager, Global Supply Chain
Trusted Partnerships
Maintaining trusted partnerships with our stakeholders, in particular with our customers, is essential to our business success. Our customers’ sustainability needs are the main focus of our innovation and product development processes, as explained in the Sustainable Solutions chapter of this report.
Bystronic also leverages its customer relationship management capabilities to improve customer satisfaction and safety.
ESG Ratings
Management approach
Bystronic is committed to enhancing stakeholder awareness and recognition of its progress in sustainability. The company proactively engages in ESG reporting and continuously strives for improvement. Bystronic regularly shares comprehensive information on its sustainability performance to ensure transparency and accountability. As a result, Bystronic has achieved significant improvements in key ESG ratings, such as CDP, Sustainalytics, ISS, and MSCI. These ratings confirm Bystronic’s commitment to reducing its environmental impact, improving governance practices, and promoting social responsibility. Through its dedication to maintaining high sustainability standards and engaging with stakeholders, Bystronic enhances its market position and builds trust with investors, customers, and the broader community.
