Introduction

Dear esteemed readers,

We firmly believe that Zehnder Group’s sustainable business practices are paramount for our enduring growth and profitability, even amidst challenging market conditions. Embracing sustainability is not only crucial for our long-term success but also a commitment to preserving our planet for future generations. Our holistic approach encompasses environmental, social and governance factors, embedding sustainability into our core business model with a customer-centric focus.

Over the last year, our in-depth sustainability analysis, grounded in the double materiality principle, has been affirmed by encouraging stakeholder survey results, pinpointing our efforts on significant material topics. This collaborative stakeholder engagement is vital for realising our sustainability objectives.

A notable accomplishment this year includes setting our climate targets with the Science Based Targets initiative (SBTi), marking our pledge to achieve net-zero by 2050. We have progressed in understanding our Scope 3 emissions, establishing a solid foundation for accurate analysis. Our biannual employee survey further validates our commitment, reflecting our workforce’s appreciation for our respectful, value-driven culture.

As we look forward, enhancing our supply chain engagement remains a priority due to its significant risks and impacts, despite our limited influence. Proactive risk mitigation and positive impact generation hinge on our close collaboration with stakeholders.

In conclusion, the strides we have made fuel our determination to further advance our sustainability journey. We trust this report reflects the dedication of our employees and partners and we eagerly anticipate sharing our continued progress in the forthcoming years.

With kind regards,

Dr. Hans-Peter Zehnder

Chairman of the Board of Directors

Matthias Huenerwadel

Chairman of the Group Executive Committee, CEO