Looking forward

Sustainability pressures on business are set to increase, impacting our markets and how we manage our business.

Part of our plans to deal with change involves the use of a formalized sustainability materiality assessment. This helps us prioritize our social and environ­mental management actions as part of our approach to ESG. Materiality assessments are considered best practice and called for in ESG reporting standards.

In 2021, we updated our assessment by, first, analyzing how Schindler products and services affect the lives of people around the globe. Second, we identified the social and environmental issues that affect Schindler and how we do business, and what our employees think is important to them.

Our method involved analyzing global trends and engaging with our key stakeholders, including customers, employees, investors, business partners, and recognized experts in sustainability. The assessment’s results are used to guide our future commitments, targets, and activities now in development.