Rieter releases first comprehensive sustainability report

This report describes the company’s economic, social and environmental sustainability measures, richly underpinned with key figures, graphic illustrations and commentaries accordingly.

Among other achievements, Rieter has further reduced the occupational accident rate and increased the average training time per employee. In China and India, Rieter launched new vocational training courses similar to apprenticeships in 2011.

For years Rieter has continuously strived to improve environmental compatibility and energy efficiency along the entire value-added chain. Customers particularly appreciate their substantially lower resource consumption thanks to Rieter’s product and process innovations.

With regard to corporate output, Rieter’s energy consumption and greenhouse gas emissions have both reduced by about 20 percent compared with the previous year.

Mr. Erwin Stoller Executive Chairman of Rieter Group commented: “Economic, social and environmental sustainability are pillars of the Rieter Group strategy. I am pleased to present Rieter’s first comprehensive sustainability report, which takes full account both of qualitative and quantitative aspects. The 2011 Sustainability Report describes in detail our related activities and efforts, illustrates them with various graphics, and underpins all statements with key figures.  This substantially enhances transparency.

“Our sustainability activities are not however new by any means. Our values and principles oblige us to set ambitious economic targets and to take environmental and social responsibility.  The Rieter sustainability strategy has formed an integral part of our business strategy for many years. This includes for example our environmental and safety mission statement that has been in force since 1997.

“Rieter has established Group-wide and at each location the necessary processes and procedures for standards compliance, control and monitoring. Internal and external experts regularly check the related measures.

“Our management and employees ensure with great commitment that sustainability is practised at Rieter on an everyday basis. As a company founded more than 200 years ago, sustainable business ethics are a traditional obligation for Rieter. By upholding that tradition, we continue to create added value for all our stakeholders. This report documents against clear criteria how we meet our economic, environmental and social responsibilities. We shall continue to report in future on a regular basis.”

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Rieter