The following opportunities for Schöck were identified: Strengthening the market position as a sustainable supplier of products to increase the energy efficiency of buildings, increasing the attractiveness for professionals with a high awareness of sustainability, reducing the cost of fossil fuels, anticipating regulatory requirements such as the implementation of the Corporate Sustainability Reporting Directive. The selection process of relevant core topics Schöck's sustainability strategy is derived from the results of the preceding materiality analysis. Here, a total of 40 sustainability topics were considered in relation to Schöck's business activities and analysed from the following three perspectives: Relevance for the company Relevance for the environment and society Relevance for the company's important stakeholders The following aspects were taken into consideration in the materiality analysis: Ecological aspects With a comprehensive product portfolio for increasing the energy efficiency of buildings, Schöck makes an active contribution to climate protection with its business activities. This is achieved by minimising thermal bridges at cantilevered structural components such as balconies or canopies, at the base of walls, within façade fasteners and, in future, also at columns and walls. Furthermore, CO2 emissions are being continuously reduced at the production sites and monitored via a monitoring system in the German plants. Socio-economic aspects Safety during installation and in the use of the products is also part of Schöck's sphere of responsibility. The highest material quality, installation aids and increased safety standards for simple and proper implementation of the products for high structural safety in the buildings have top priority. Special political and legal aspects Standards and regulations in Germany and Europe create a clear framework for Schöck, particularly in terms of thermal insulation. Schöck products meet the requirements for thermal insulation in accordance with DIN 4108 and the German Building Energy Act (GEG) with its possibilities for thermal bridge verification, as well as in accordance with ISO 10211, which specifies in detail the handling of thermal bridges up to the high requirements of the passive house standard. A particularly high priority was given to the following sustainability topics: Product responsibility Material/resources Emissions Leadership skills Compliance Occupational health and safety Employee rights Working conditions Education and training 31 Schöck Sustainability Report 2022
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