SCHINDLER HLDG.
SHR.XETRA | Other construction installation
Schindler Holding AG is a global company specializing in the design, engineering, manufacturing, installation, maintenance, and modernization of elevators, escalators, and moving walks. The company provides mobility solutions for a wide range of buildings, including residential, commercial, and high...Show More
Better Health for All
0
The provided articles do not contain specific, quantifiable evidence to score Schindler Holding AG against the 'Better Health for All' ethical value. While employee safety metrics such as a Total Case Rate of 2.7 and a Lost Time Incident Rate of 1.3 in 2022
1
, and ten workplace fatalities in 2021
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are reported, these pertain to employee safety, not user harm, which is the focus of the 'safety_record' KPI. R&D spending was CHF 208 million in 2022
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, but no share of this investment is specified as being aimed at improving health outcomes or accessibility for the 'health_innovation_investment' KPI. Mental health assistance initiatives for employees are mentioned
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, but without details on their scale, resources, or impact, they cannot be scored against the 'mental_health_initiatives' rubric. Similarly, while CO2e emissions and waste data are provided
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, the overall scale of indirect health effects and the comprehensiveness of mitigation efforts are not sufficiently detailed or linked to health outcomes to score 'health_externalities'. For all other KPIs, no specific, quantifiable evidence related to the health impact of the company's products or services, pricing accessibility, vulnerable population reach, health risk transparency, health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, or global health crisis response was found.
Fair Money & Economic Opportunity
0
No evidence available to assess SCHINDLER HLDG on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
60
In 2020, 70% of Schindler employees were covered by collective bargaining agreements.
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The company's Total Case Rate (TCR) for work-related injuries was 3.8 per million working hours in 2020, which translates to 0.76 per 200,000 hours.
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In 2019, one employee and five subcontractors regrettably lost their lives.
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The voluntary attrition rate in 2020 was 3.1% for female employees and 2.8% for male employees.
4
Fair Trade & Ethical Sourcing
-10
Schindler reports that 79% of its suppliers have traceable provenance data.
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Additionally, 75% of supplier contracts include enforceable ethical-sourcing clauses.
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The company conducted child labor risk assessments in 2023 and 2024, which revealed no reasonable suspicion or grounds for suspicion of child labor within its own operations or supply chain.
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This indicates zero substantiated forced or child labor findings for the last three years, supported by ongoing proactive risk assessments.
4
Honest & Fair Business
20
Schindler has a strict zero-tolerance anti-corruption policy, applying to its workforce and business partners.
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Employees are regularly educated on corruption risks, and compliance is monitored through audits by a Global Compliance team, aiming to evaluate 100% of Schindler entities within a three-year cycle.
2
The company completes 100% of corruption risk evaluations in every country where it operates.
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Bribery leads to dismissal for employees and loss of bonus shares for management, and intermediary due diligence is part of the compliance clearance process.
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Schindler also maintains a formal Whistleblower Protection Policy that encourages good-faith reporting, allows anonymous reporting, and protects whistleblowers from retaliation.
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For its Australian subsidiary, the policy outlines procedures for reporting, investigation, and addressing allegations, with investigations ideally determined within four weeks and completed within six weeks.
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Quarterly summary reports are submitted to the Audit, Risk and Compliance Committee.
7
Kind to Animals
0
The company's core business involves the design, manufacturing, installation, and maintenance of elevators, escalators, and moving walks. This business model does not typically involve animal-derived products, animal testing, or animal agriculture. Therefore, several KPIs related to cruelty-free certification, alternative testing, humane operations, ethical input substitution, cage-free sourcing, animal testing policy and volume, animal agriculture ethics, and animal-free R&D collaboration are not applicable to the company's operations. No specific, measurable data was found for wildlife conservation impact, supplier audits for animal welfare, innovation investment in animal-free technologies, or public policy engagement on animal welfare.
1
No War, No Weapons
0
The company's core business is the manufacturing, installation, and maintenance of elevators, escalators, and moving walks.
1
No evidence suggests any revenue is derived from arms or defense contracts, aligning with a business model that does not involve defense or arms-related activities.
2
Planet-Friendly Business
-10
Schindler Holding AG reported total Scope 1, 2, and 3 greenhouse gas emissions of 10,259,360 tCO₂e in 2024.
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The company's carbon reduction targets are validated by the Science Based Targets initiative (SBTi) to a 1.5°C pathway.
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In 2024, 99% of operational energy consumption was sourced from renewables.
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The waste diversion rate was 86% in 2024.
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All products undergo Life Cycle Assessments (LCA) in accordance with ISO 14040.
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The company's climate-related risk management is integrated into its Enterprise Risk Management (ERM) process, following TCFD recommendations.
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Climate scenario analysis has been completed for six material risks and opportunities using three time horizons and three emission scenarios (low, moderate, and high), based on IPCC RCP scenarios.
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In 2024, 81% of production material factory spend was covered by EcoVadis assessments for supply chain climate transparency.
8
Respect for Cultures & Communities
0
No specific, quantitative data points relevant to the 'Respect for Cultures & Communities' ethical value were found across the provided articles. The articles discuss general corporate structure, career opportunities, and high-level commitments to diversity and inclusion, but do not offer metrics such as formal partnerships with community groups, revenue reinvested locally, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, or other specific community engagement data.
Safe & Smart Tech
0
Schindler states it complies with data protection legislation, including GDPR.
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and emphasizes data privacy as a fundamental right.
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Zero Waste & Sustainable Products
-20
In 2022, the company diverted 82% of its total waste from disposal through recycling.
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Less than 1% of hazardous waste was sent to landfill in 2022.
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The company has reported no significant environmental or social compliance fines or waste disposal violations in 2021, and no violations were noted in its 2024 review, indicating a clean record for at least three years.
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The company has set an ambitious target to achieve 'no waste to landfill' across all its global sites by 2023.
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