Sustainability

Sustainability is therefore more than just a challenge or a risk for PALFINGER. Rather, PALFINGER sees responsible, sustainable business as an opportunity and a value driver that opens doors to new business segments, growth, and greater differentiation. The most important foundation of the sustainability strategy is the analysis of the value chain and the topics identified in the materiality analysis with regard to their influence on people, the environment, and the economy.

The relevant aspects of the materiality analysis from 2021 are assigned to six material topic areas, with two each falling under environment, social affairs and governance. The six strategic topics are described below:

For the living planet we all depend on.

LESS EMISSIONS
As part of the global movement in industry, we make lower CO2 emissions one of our priorities. As a result, our operations are increasingly powered by renewable energy and characterized by efficient material use to deliver positive impact.

POSITIVE IMPACT ON THE VALUE CHAIN
To effect change in our value chain, we are engineering our entire range of product solutions to reduce emissions and enable low-carbon innovation. We are also working to become an integrated solutions provider for partners across the network.

For all the people we touch.

SAFE & HEALTHY AT ALL LEVELS
Safety in the company, a healthy work culture and the safety of our products have top priority. The well-being of our employees and customers is crucial to our success.

A QUALIFIED AND DIVERSE WORKFORCE
To innovate in a global economy, we need to attract and retain the best people – in our leadership and throughout the organization. That includes continuous training and personal development. At PALFINGER, we see diversity as a source of excellence and strength, and of business success.

For a future-oriented entrepreneurial action.

COMMITTED TO OUR VALUES
To continue on the path of sustainability, we must go beyond regulatory requirements and strive for the highest human, ethical, and legal standards.

FOCUS ON GOVERNANCE AND TRANSPARENCY
We continually evolve our business activities to meet the needs of a sustainable economy. This calls for the highest standards of governance and transparency.