2023 implementation examples content of recycled material, thus supporting the to include other 昀氀at inserts currently placed in market for recycling plastics. blister packaging. Input ◾ Our iconic Hilti tool cases are produced with ◾ We are continuing to switch all clips on our 40 percent recycled content of the red material in inserts packaging to a paper-based solution, • Raw material usage: Europe, which stems partially from closed-loop which will save us 32 tons of plastic per year We strive to minimize the use of virgin materials. recycling. This means that old Hilti tool cases once we have scaled the solution to more Our products and packaging contain on average serve as material for new Hilti tool cases. We did products (~2.4 million pieces). 24 percent of recycled metal and plastic content. extensive testing with recycled plastic from the ◾ We are switching the transparent part of insert market, versus the recycled content of our old packaging tubes from PVC (~55 tons per year) • Packaging: tool cases, and concluded that we can only keep to widely recyclable polypropylene. Going Our approach to sustainable packaging is, 昀椀rst and our high quality with closed-loop recycling where forward, we plan to scale this solution to all tube foremost, to reduce the amount of packaging and, we can guarantee our own recipe. Closed-loop packaging. secondly, to increase usage of recycled content and recycling also allows us to guarantee supply ◾ We switched from virgin material to 85 percent ensure recyclability throughout our supply chain. All and price stability and will become part of our recycled content for our HUD anchor plastic these considerations do not deter from the fact that standard process in producing tool cases in bags. This change will save roughly four tons of all our products must arrive safely. Higher 昀椀ll rates, Europe going forward. plastic material. bulk packaging and reuse of packaging contribute to this effort. Currently, there are more than 20 active • Paper – throughout 2023, we continued to reduce packaging improvement initiatives in three main the amount of paper and improve the recycled material categories: plastic (single-use plastic and content of our printed Instructions for Use (IFUs). tool cases), paper and cardboard. Some of the ◾ In 2023, all IFUs for our Nuron chargers were highlights are listed below. signi昀椀cantly shortened (from 400 pages to 200) in the course of a redesign project, which will save • We have set ourselves targets on recycled content us 60 tons of paper per year. per packaging material type and and are striving ◾ We are working on identifying high-volume towards 100 percent recyclable, reusable or manuals that will have a signi昀椀cant impact on compostable secondary packaging by 2025. We size reduction once legislation supports this. In have already made good progress on increasing the the meantime, we are increasing the recycled amount of recycled content from 2020 to 2023: content of the paper used for our IFUs, and have advanced from 36 percent in 2022 to 49 percent ◾ Cardboard: from 54 to 74 percent in 2023. ◾ Paper: from 17 to 49 percent • Cardboard – we continue to analyze the recycling • Plastic has certain unique properties, such as content of our portfolio and work together with our corrosion protection and chemical barrier functions. ◾ We shifted the packaging for most of our cutting suppliers to improve the recycling content in our Nevertheless, we want to limit its use in single-use blades from PVC blister plastics to recyclable export and sales packaging. packaging, while ensuring that when it is used, it is cardboard sleeves, saving ten tons of virgin recyclable, reusable or compostable and has a high plastics per year, and we are scaling this change