CEO statement

Our efforts have been awarded with an EcoVadis Gold rating, placing us within the top 5% of all rated companies in our industry.

After my first year at the helm of Hager Group, a family owned company, I am impressed by our commitment to drive towards a sustainable and electrified future for the benefit of our employees, customers, partners and the society at large. Our core values of courage, authenticity and integrity are guiding the way. For this report, applying a critical and transparent approach to our evaluation processes and data collection is a top priority.

Sabine Busse
Chief Executive Officer

Our E3 strategy (Ethics, Employees, Environment) remains at the core of our efforts to achieve our sustainability goals; we have an ethical approach to business, an inclusive and healthy working environment for our employees and safe and simple long-lasting solutions that benefit our customers and the environment.

Sustainability is no addendum to our business strategy, it is an integral part of who we are and at the heart of our business decisions.

Our commitment is reflected in the innovative products we develop, the efficiency of our operations and our focused efforts to create a positive social and environmental legacy.

Sabine Busse joined Hager Group in September 2023. Of German-Swiss nationality, she is an international executive with extensive experience in the energy, electrical and automation industries.

At Hager Group, we understand the critical role our industry plays in shaping a sustainable future. Dedicated to delivering innovative and increasingly digital solutions that contribute to smart electrification and energy management, we play a major role in the energy transition. I truly believe in the importance of collaboration with our stakeholders, including colleagues, customers and suppliers, encouraging them to play a fundamental role in shaping our sustainability initiatives. Hence, we invest time and resources in the education of our people. We are digitising our approach to anticipate our customers’ expectations and needs. As for our suppliers, working hand in hand, transparently and with the same ambitions and values is benefitting us all.

Our adherence to recognised GRI standards underscores our dedication to transparency and accountability. We are using a Double Materiality Analysis in order to follow the latest European Sustainability Reporting Standards. We believe these standards to be the best method for providing the most comprehensive insights and allow identification of material risks and opportunities from both a financial and non-financial perspective.

The future is electric and I am looking forward to shaping it together with all of you!

Sincerely,

Sabine Busse

Hager Group Chief Executive Officer

Cover – Message from the Chairman of the Supervisory Board – Letter from the Chief Executive Officer – Highlights 2023 – Facts & Figures – Connecting urban spaces, sustaining the future – Interview: Driving sustainability for long-term success – What the customer thinks – Interview: Sustainability through digital excellence – A sustainable business for a successful future – Hager Group Sustainability Report 2023 – CEO statement – Introduction – Materiality assessment – E3: an integrated sustainability strategy – Protecting the climate and the environment – Integrity in ethical business conduct – Our company culture breeds a thriving workplace – GRI Content Index – Imprint –