Sustainability
For Teufelberger Wire Rope, sustainability is a key element of our corporate strategy and is supported by defined ESG measures. As a manufacturer of steel wire ropes for demanding applications, we consider environmental, social and governance aspects in our business decisions. As part of the European Green Deal and our own ESG strategy, we are implementing targeted measures to reduce CO₂ emissions, decrease material and energy consumption in defined areas, and promote sustainable mobility. Together with our employees, we are putting these measures into practice step by step.
At Wire Rope, we support our defined climate protection and energy efficiency goals through concrete action programs."
Markus Würcher
CEO Wire Rope
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ESG Goal for 2030
To enhance production efficiency by minimizing production waste
A key objective of our sustainability strategy is to increase production efficiency by minimizing production waste. Today, all raw material waste is already processed by external companies. We intend to roll out this concept to cover all types of production waste and all production sites. In addition, we are optimizing our production workflows, for example in order to minimize start-up waste. These measures help us lower our environmental impact, while also boosting production efficiency.
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ESG Goal for 2030
To equip our production sites in Wels (AT) and Gardone (IT) with photovoltaic systems
As part of our comprehensive sustainability strategy, we have committed ourselves to equipping our production sites in Wels and St. Aegyd (Austria) as well as in Gardone and Trieste (Italy) with PV systems. Our investment plan provides for a new one to be put into service every two years. The installation of such a system in Trieste is scheduled for 2025, as the opportunities for using renewable energies are limited there. For 2027, we are currently evaluating whether to prioritize our site in Wels or that in Gardone. This measure is aimed at covering a growing share of our energy demand with renewable energy sources and contributing to the reduction of our CO₂ emissions.
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ESG goal for 2030
To provide a fully electrical infrastructure
A central component of our sustainability strategy is to promote electromobility among our employees. Our goal is to transition our entire vehicle fleet to electric vehicles, which is why we have already equipped each of our production sites with e-charging stations. This initiative aims to not only reduce our CO2 emissions, but also to offer our employees greater convenience and flexibility.
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ESG Goal for 2030
To promote sustainability through employee involvement
A key objective of our sustainability strategy is to select at least one activity and one investment each year from suggestions submitted by our employees. The aim of this initiative is not only to address sustainability from an employee perspective, but also to continuously improve our attractiveness as an employer. By involving our employees in the decision-making process, e.g., through our employee surveys, we promote greater awareness of sustainable practices while at the same time strengthening the commitment and satisfaction of our workforce. The selected activities and investments are intended to support solutions with environmental, social or economic benefits. For example, recycling opportunities have been improved at our Austrian sites, while measures to support local biodiversity have been implemented, including insect hotels, flower meadows and tree planting initiatives.
These measures are part of our comprehensive commitment to sustainability and reflect our efforts to foster a responsible and forward-thinking corporate culture.
Governance
We believe that observing behavioral principles based on ethical values is of fundamental importance for growth, as well as for the reliability of its operations and the very image of the Company.
Redaelli Tecna SpA Code of Ethics externalises the Company's fundamental values: integrity, transparency, legality, impartiality, and prudence.
It also provides a framework for the decision-making process, drawn up to translate those values into behavioural principles that the Code's Recipients are required to apply in conducting business and their own actions.
This means that ethical values characterize our dealings with clients, suppliers, shareholders, competitors, and the communities in which we work, as well as between employees at all levels, in accordance with the contents of the Code itself. All the principles laid down in the Code are also essential for preventing the illicit actions covered by D. Lgs. [Legislative Decree] n° 231 of 2001, and is formally an integrating part of the Organization, Management and Control Model itself.
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