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Sustainability Report 2020–2022#GREENDURAVIT07 Foreword by the Management Board 08 Facts & Figures 10 Global Presence 12 Product Segments 16 Brand Values 18 Sustainability Management 20 Materiality Analysis 24 Goals 26 Water Project in India 28 Sustainable Water Consumption 29 Water-saving Technologies 32 Goals 34 Humus Project 36 Corporate Carbon Footprint 40 New Facility in Canada CONTENT COMPANY ACTION AREA: WATER ACTION AREA: CLIMATEDURAVIT SUSTAINABILITY REPORT 2020–2022 42 Goals 44 Material Recovery 45 Sustano 48 Mine Renaturation 50 Goals 52 Supporting Schools in India 54 Employee Development 56 Employee Satisfaction ACTION AREA: RESOURCES ACTION AREA: PEOPLE APPENDIX 60 About This Report 61 KPIs 74 Memberships & Associations 76 GRI Content Index 80 Imprint“We are in the process of questioning old certainties and investing in finding and implementing new ways of achieving a sustainable future.” Stephan Patrick Tahy CEO Duravit AG 6DURAVIT SUSTAINABILITY REPORT 2020–2022 We have embarked on a climate mission that is as ambitious as it is comprehensive, with the declared aim of being an entirely climate-neutral business worldwide by 2045. As a company with deep regional roots that has also become a global player, Duravit feels a special sense of obligation to the concept of sustainability in terms of the environmental, social, and governance (ESG) framework, and we take our responsibility to all stakeholders, our society, and the environment very seri- ously. In the future, ever more stringent requirements will also apply to the responsible use of resources in the construction sector. As a result, there will be more exacting demands on us as a manufacturer to design even more sustainable products. Our general goal for the coming years – including in the context of the conse- quences of climate change – will be to achieve verifiable improvements in all of our key areas. When it comes to sustainability, we believe that our society as a whole shares a responsibility – and that explicitly also includes companies such as Duravit. It is important for us to embrace and practice a culture of learning in which mistakes help us to constantly improve and ultimately achieve our goals. Teamwork is the key factor here. Obviously, the central aspect is a climate-neutral manufacturing process. In the search for innovative tech- nological capabilities for reducing both gas consumption and carbon emissions, we consider each and every option, no matter how small. As part of this process, we are taking a risk by making a large investment in a pilot project with the world’s first electrically powered ceramic furnace. At the same time, we are also explor- ing new avenues in terms of materials. As a result of the difficult overall political and economic situation, we feel compelled to make every effort, which also means going the extra mile. We operate in a constant state of tension between profitability and our ambitious goals. Striking the right balance is important so we can safeguard jobs in the long term. As an employer, we take our social responsibility very seriously – and our employees take center stage as our most important resource. Yours, DEAR FRIENDS OF DURAVIT, 7 COMPANY | FOREWORD BY THE MANAGEMENT BOARD Martin Winkle, Finance Director Stephan Tahy, CEO Thomas Stammel, Chief Technology Officer GRI 2-22 GRI 2-23ECONOMIC SITUATION COMPANY | FACTS & FIGURES In 2022, the Duravit Group again achieved record sales of EUR 715.8 million, corresponding to year-on-year growth of around 16.9 percent (2021: EUR 613.9 million). Thus, the Duravit Group has performed well com- pared to the competition and has been able to underpin its leading position in many markets. The strongest growth in sales in 2022 was achieved in Egypt and Germany. The significant growth of 13.7 percent in Germany is largely due to our online business, which is operated by our affiliate Nextrend GmbH. In the previous year’s accounting period, this company was only included in the Group’s sales from May 2021 on, which means that the growth in sales is only comparable to a limited extent. Local COVID-19 policies caused a great deal of volatility in China in 2022. The growth achieved there largely the result of currency effects. Sales in the export markets rose 17.5 percent year on year, largely due to increased sales in Africa, Asia, Southern Europe, and North America. Similarly, sales in the Indian and Tunisian markets were up significantly in 2022. Around 37 percent (previous year: 38 percent) of sales were in the Eurozone; the international share of the Duravit Group’s turnover totaled 79.6 percent (previous year: 75.1 percent). Duravit’s longstanding “local-for-local” strategy, which helps our sustainability ambitions, once again had a positive effect overall. By focusing on regional production and procurement routes, we have been able to safeguard our supply capacity during a scarcity of global raw materials despite temporary disruptions to supply chains. Alongside the extraordinary performance of previous top sellers, the introduction of the new product range Duravit No. 1 has created a strong impetus for growth. As a compact, clear, and comprehensive product range, the complete bathroom collection appeals both to the project sector and a price-conscious class of customer. A highlight in technical terms was the launch of a completely sustainable type of material – DuroCast Nature – as part of the Sustano shower tray range. Sustano’s weight reduction of 50 percent compared to existing products makes it unique on the market and also makes it easier to handle for the customer. The Duravit Group had an annual average of 7,152 full-time-equivalent employees, 9.6 percent more than last year. Growth at the German sites was 4.2 percent. Cash flow (according to DVFA/SG) of EUR 78.7 million was up 8.5 percent year on year. The net income of EUR 51.5 million was up 8.8 percent. Balance sheet ratios remain robust as a result with an equity ratio of 52 percent of the balance sheet total. Continued profitability and an extremely robust balance sheet remain key factors in the company’s economic situation. The Duravit Group is therefore well positioned to maintain its successful course. The positive reactions of the market participants to the products introduced at the ISH 2023 international trade fair, especially those in the upper price segment, give us reason for optimism. 8 GRI 2-3 GRI 2-6 GRI 201-1 GRI 401-1DURAVIT SUSTAINABILITY REPORT 2020–2022 THE DURAVIT GROUP IN FIGURES — 9 7,152 Employees 10 Production facilities + logistics site 27 Sales and marketing offices 130 Sales companies since 1817 EUR 715.8 MILLION The Duravit Group’s total 2022 revenuesNext >