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Recognition

Netstal increases its sustainability performance and receives Ecovadis Silver for this

Netstal Maschinen AG Näfels, Switzerland

Silver follows bronze: Netstal continues to rise in the Ecovadis ranking and is awarded the silver medal for its initiative to date. This puts Netstal in the top 15 percent of all companies assessed by Ecovadis over the past 12 months.

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''We are proud of the silver medal we have just won. Sustainability is very important to us and is firmly anchored in our vision and corporate policy. We see the protection of the environment and climate protection, as well as the protection of people, as important cornerstones of our business. We will continue to build on this to develop even further in the coming years," says Renzo Davatz, CEO of the Netstal Group.

The silver rating confirms Netstal's further improved sustainability performance in the dimensions of environment, labor and human rights, ethics and sustainable procurement. Scope 1 and Scope 2 CO2 emissions were reduced by a further 17 percent compared to the previous assessment period. Water consumption was also further reduced. The recording of Scope 3 emissions in downstream processes that take place outside the company was also optimized. Michael Rocholl, Head of Quality and Process Management: "We now know the CO2 emissions of our injection molding machines that are used productively by our customers. This information is very important for us in order to further optimize the energy efficiency of our technology and further reduce Scope 3 emissions."

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The Ecovadis ranking makes the company's sustainability measurable and comparable for its external and internal target groups. Michael Rocholl: "The annual review by Ecovadis helps us to understand our ESG framework even better and provides guidance on which areas and measures we should focus on in the future. We have defined further measures in all dimensions with which Netstal can operate even more sustainably."

Ecovadis is a purpose-driven company dedicated to providing the world's most trusted corporate sustainability ratings. Over 130000 companies worldwide are already rated by Ecovadis.

www.netstal.com

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