ESG in Action

Our Vision

ON TRACK FOR A SUSTAINABLE FUTURE

ESG stands for Environmental, Social and Governance. Gantrex is committed to protecting the environment, and building a sustainable future is a cornerstone of our strategic plan. As a global organization, we understand the impact that our operations can have on people and on the environment and that’s why we make sustainable practices part of everyone’s remit. Be it high level operational and investment decisions or field based solutions at site level, every single person across our operation has a part to play and a contribution to make, creating a healthy future for our people and our planet.

We’re proud to see our colleagues around the world take ownership of their local environmental and sustainable plans, testimony to th erelevance of ESG initiatives. We aim to be a safe business that employs great people and maintains strong community relationships, the all so important Social component of ESG.

From simple recycling policies to larger scale initiatives, sustainability is part of our day to day. Only by investing in the best technology and systems can we minimize our environmental impact and maximize the health and safety of our workforce

SETTING TARGETS FOR SUCCESS

We based our first carbon footprint calculation on 2021 data and are following GHG protocol, meaning we included emissions from the full value chain and from all Gantrex companies around the globe.

In line with our strategic plan and vision, Gantrex has committed to a set of near term carbon reduction targets, validated by the Science Based Targets Initiative (SBTI), setting us on a course to reduce scope 1 & 2 emissions by 42% by 2030 (from the 2021 baseline). This ambitious target will work from a 2021 baseline and include the development of a focussed and continuous carbon monitoring and reduction program.

This validation by SBTI is a testament to the dedication of our teams and a major milestone that reinforces our commitment to a more sustainable future. These approved targets now become the driving force behind our activities to reduce carbon emissions, conserve resources, and minimize our carbon footprint. And we will channel these activities through a continued focus on our people, our planet and the solutions we design.

To find out more about our GHG emissions and SBTi targets approach within ESG, click here

People

When it comes to the Social component of ESG, as a global employer, we take very seriously the responsibility that we hold towards our staff. And not only our staff. But our suppliers, our customers, our partners; in fact, everyone who comes into contact with our operation, wherever in the world that may be. Part of our commitment is to the safe and secure working of our people and those who use our services, but also in the training and development of our teams and customers to ensure safe and sustainable practices.

As part of this key pillar of our ESG strategy, we have an established Ethical Committee responsible for a range of policies reflecting and enforcing our ethical standards, including: Gantrex Code of Conduct, Gantrex Anti-Corruption and Anti-Bribery policies, Gantrex Global Vendor Code of Conduct and the Gantrex Global Human Trafficking and Modern Slavery Policy.

We also carry out a yearly Employee Satisfaction Survey to get direct feedback from our employees around the world leading to improvements in the workplace.

We prioritize Safety and invest heavily in cutting-edge solutions which deliver a positive impact on health and safety as well as the environment. Within our own operation a recent example of this can be seen in our newly installed Fumes Aspiration unit that provides a triple benefit: improved employee health, a reduction in safety risks and minimisation of environmental impact.

Looking to our impacts in the field, our technical developments provide the industry with innovative solutions that are not only more efficient but also contribute to higher safety and well-being of the staff. The HingeGuard™ Short Rail solution is a great example of this, minimizing the operational impact on the trolley driver by reducing shocks by 80% and vibrations by 30%. This in turn increases driver comfort, reducing risk of injuries linked to the workplace.

We believe in giving the Power to our People to design and innovate programs for good. Our colleagues around the world, supported by our leadership teams, are encouraged to innovate and create meaningful initiatives, regardless of scale. One such program relates to our Canadian team who transformed a previously unused backyard into a thriving sanctuary of local, pesticide-free produce. Beyond being a beautiful site, this garden champions ecological responsibility and community concerns. This initiative perfectly resonates with Gantrex’s pledge to environmental stewardship, proving the power that small individual steps can have towards a more sustainable world. As you can see, this is ESG in action for Gantrex.

Solutions

Within every aspect of our business and every department across the world, sustainable solutions can be seen. Outside of the manufacturing process itself, we are proud of the myriad ways that our teams innovate to save resources, build efficiency and protect the planet.

Our strategic plan devotes resources to increasing the use of digital tools and services such as cloud storage, reducing our print requirements and investing in effective digital tools and solutions that will safeguard our future.

We have put in place demanding quality assurance checks and resources to reduce waste on the production lines.

We provide innovative products that come with long warranties and have long life built into them as standard. Many of our manufactured products are packaged in recyclable and recycled materials, including the use of wooden crates that are reused throughout the supply chain.

But we also know that we can’t achieve our ambitions alone. We are working with many local suppliers to minimize long routes in transportation, we consolidate shipments of raw materials and we optimize deliveries to jobsite as far as possible.

We encourage our partners and teams to make best use of technology to communicate, reducing unnecessary travel. We work with partners who can demonstrate a shared vision and practical applications of sustainability in action. We take ESG with the attention it deserves.

Performance

Performance

Our ESG performance is independently assessed by EcoVadis, one of the world’s leading sustainability rating agencies. Through an extensive & evidence based questionnaire on 21 criteria, EcoVadis rates ESG performance and consequently helps companies improving their sustainable management system.

In 2024, Gantrex improved its EcoVadis score from 50% (2023) to 64%, earning a Bronze medal and placing us in the 83rd percentile of companies in our industry. This progress reflects our ongoing efforts to strengthen our sustainable management practices.

Planet

Through a comprehensive approach to ESG, that incorporates sustainable practices into our core operations, we prioritize the preservation of natural resources wherever we can. Such practices include efficient energy consumption, waste reduction, and responsible sourcing of materials. By actively engaging in eco-conscious initiatives, like the reduction of our carbon footprint , we look to play our part in working towards the goals of the Paris Agreement – limiting global warming to 1.5°C above pre-industrial levels.

Since years, the Gantrex Group is engaged in reducing, recycling and reusing waste generated from operations. See some examples:

Reuse of packages across the supply chain
Sorting and recycling of materials
Production of new items using recycled materials
Reuse of manufacturing scrap in other processes

The below table indicates quantities of waste generated in all offices locations , production centers and on job sites, the latter being estimated. In 2024, 68% of all waste generated was recycled (steel scrap, wood, plastic, paper and organic waste).

Carbon Footprints Results

Since 2022, Gantrex has measured its carbon footprint (based on 2021 data’s as baseline) to guide meaningful action against climate change and reduction of GHG emissions.

It was important to have a compliant and robust carbon footprint, hence the Gantrex Group followed the GHG protocol standardized framework. Our carbon footprint is realized with the support of a consultant in sustainability actions. All emisions are considered

GHG emisions from all companies pat of the Gantrex Group
GHG emissions across the full value chain

Our carbon footprint is realized with the support of a consutant is sustainability actions. See our last carbon footprint data including 2024, just finalized.

Energy

Wherever possible, we have switched to 100% renewable electricity. By the end of 2024, Gantrex entities in Belgium, France, Germany and Spain were powered entirely by green electricity.

Renewable sources now represent 28% of our total electricity consumption and 12% of overall energy use. We are also exploring solar energy projects to generate our own renewable electricity.

Training and Development

Training programs are offered across all entities to build skills and support growth. We are collecting training data’s from all entities, which results for 2024 are shown below:

Our Gantrex Academy platform was created in 2020 to share training supports on various topics for all employees. The Academy is available to all employees and contents are regularly upgraded with internal or external new trainings.

Health & Safety

Health and safety are top priorities at Gantrex.

The Gantrex aim is to provide a professional environment for employees and sub-contractors in which everyone can work in complete safety. The Gantrex Group is assessing risks, providing safety equipment, delivering training support, encouraging safety culture and granting health care systems and dedicated insurances. Many group procedures were created to deploy safety management system across all the Gantrex Group. Internal safety audits are conducted in all Gantrex entities to determine if processes in place are effective providing safe working conditions.

All incidents – including near-misses – shall be reported and investigated, to drive preventive action.

In 2024, the Gantrex Group stated a common definitions to consolidate incidents reporting.

Major work injuries are counted as from 1 day lost. It differs from local legislations.
Minor work injuries are counted when the employee can return to work the same day. Only the First Aid kit is used.

Near-misses includes all incidents without injuries, hazard notifications, H&S breaches and activation of the procedure STOP which allow all employees to stop working if they are confronted with unsafe working conditions.