Sustainability Management Our purpose, “Making Construction Better”, is of sustainability in our operations and business linked with our aim to “be our customers’ best processes. In 2022, sustainability became a core partner for productivity, safety and sustainability”. element of our new Group Strategy Lead 2030. Since the 2020 昀椀nancial year, we have voluntarily reported with reference to the Global Reporting Initiative (GRI) standards, demonstrating our governance structure, the integration of sustainability Construction is the largest industry globally. About relationships and the trust that our customers put into into our corporate strategy and disclosing our 15 percent of global GDP is generated by construction our brand make us best positioned to drive this change. performance in our strategic sustainability pillars and about 10 percent of global employment is in This de昀椀nes our purpose, “Making Construction environment, people and society. Our auditor, construction. Construction covers one of the basic Better”. Better means improved productivity, safety PricewaterhouseCoopers AG, has provided limited human needs and touches practically everyone living and sustainability. Our strategic objective – value assurance on sustainability metrics, such as on our planet. Construction, however, faces signi昀椀cant creation through leadership, built on differentiation and Greenhouse Gas Emissions, Energy Consumption challenges. Amongst others, it is one of the largest direct customer relationships – illustrates our aspiration and Lost Time Incident Rate, since the 2021 reporting sources of carbon emissions worldwide and is the to create value for all stakeholders and to make a period. We initiated a project in 2023 to prepare for the industry with one of the highest numbers of work- positive contribution to society. mandatory sustainability reporting introduced by the related health & safety issues. To overcome these European Union’s Corporate Sustainability Reporting challenges, the construction industry is transforming. We want to secure long-term success by valuing Directive (CSRD), starting with the 2025 昀椀nancial year. Sustainability is becoming an important ingredient ecological, people and social aspects along with A second project has been initiated in response to for our customers’ success whilst health & safety is economic factors. In 2020, we laid an important the European Union’s Taxonomy regulation. It aims to moving up the agenda. foundation by developing a holistic sustainability identify and quantify taxonomy-eligible and taxonomy- strategy and anchoring sustainability throughout the aligned economic activities within the Hilti Group. It is our aim to play a key role in driving this organization. In 2021, we extended our sustainability We will publish this information as part of our CSRD transformation. Differentiation, direct customer governance and focused on the implementation reporting also starting with the 2025 昀椀nancial year.