Purpose and structure of organisation

Organisational purpose

Description of the Zehnder Group business model

Zehnder Group is a publicly listed and internationally active company that offers indoor climate and air purification solutions. The Group’s product range includes products from the areas of residential ventilation, heat exchangers, clean air solutions, radiators and climate ceilings. As a globally active company, the Group is developing and manufacturing solutions at its own plants in Europe, China and North America. At the beginning of 2023, the goal of sustainable and long-term value creation for all stakeholders was embedded into the articles of association of Zehnder Group as a corporate purpose.

Organisational structure

In order to successfully implement the company’s internal sustainability strategy and achieve its aims, Zehnder Group operates according to an organisational structure firmly rooted in the company with clearly defined roles and responsibilities:

For Zehnder Group, the topic of sustainability is paramount. Sustainability is the responsibility of the Board of Directors within the scope of their fiduciary duty. The topic of sustainability also affects the work of the individual committees of the Board of Directors, such as the related risk assessment in the Audit Committee or the incentivisation in the Nomination and Compensation Committee. Zehnder has revised its organisational regulations in 2023. As part of its management duties regarding the company and the issue of instructions, the Board of Directors now has the explicit task of reviewing and approving the sustainability strategy and sustainability goals. The Board of Directors as a whole is also responsible for preparing the report on non-financial matters. To further underscore the importance of sustainability, the Chairman of the Board of Directors, together with the Chief Executive Officer (CEO), is responsible for overseeing sustainability issues.
The central body for sustainability strategy development and decision-making is the Sustainability Steering Committee. It consists of the members of the Group Executive Committee, together with the Chairman of the Board of Directors and the staff responsible for selected key functions, such as the Director Group Human Resources or the Managing Director Clean Air Solutions.
The Group Sustainability Manager position is a staff position that reports directly to the CEO. The Group Sustainability Manager supports the Steering Committee and coordinates the creation and implementation of all required sustainability processes and strategies as well as data analysis, data evaluation and reporting across Zehnder Group.
Investor Relations and Communications, Group Procurement, Group Legal, Group Compliance and the central research and development departments for the ventilation and radiator business segments are all closely involved in the sustainability activities.