Published in a digital format, the report provides information on our performance from 1 January to 31 December 2022 and illustrates how KAEFER integrates sustainability into daily business activities. Since 2012, KAEFER has published sustainability reports on an annual basis, combining statistical data with articles about relevant events, projects, and initiatives.
The KAEFER Sustainability Report is intended to inform our stakeholders about sustainability at KAEFER and is also used for pre-qualifications, audits, and ratings. The consolidated financial statements and the financial statements of the individual companies included in the consolidated financial statements were prepared in accordance with the provisions set out in Secs. 290 of the German Commercial Code (Handelsgesetzbuch).
Restatements of information made in previous reports:
- Change to KAEFER SE & Co. KG
- Changes in reporting to FTE
- Changes in owner structure
- Changes in KAEFER’s Executive Board as of 1 January 2023 and 1 April 2023
- The purchase of G&S Engineering
External assurance was not obtained for the development of this report. However, we strongly believe that the data, along with earlier reports and the KAEFER website, is sufficient to meet GRI requirements. The report is structured according to ESG criteria and includes all KAEFER entities with reporting closing date of 31 December 2022 (with any exceptions marked accordingly). Overall, the same entities are covered in this report as in KAEFER’s financial statements. Differences are highlighted in notes next to the relevant graphs and/or charts, as well as in the GRI Content Index.
As our stakeholders – including investors, banks, and the general public – place increasing importance on the external verification of sustainability data, we intend to obtain assurance on our reported information in the future. At KAEFER, we already work with internal and external subject matter experts to produce sustainability and ESG data in line with the GRI Universal Standards 2021 – and remain on schedule to beat the EU reporting deadline.
We have taken great care when collecting and analysing the data, but mistakes cannot be excluded with absolute certainty. We are confident that as we learn and progress, we will continue to improve our approach and performance regarding our responsibilities as a company and our sustainability strategy and activities. Our aim is to share best practices and communicate effectively in order to present an accurate picture of sustainability at KAEFER. We would like to take this opportunity to thank everyone involved in the creation of this report.
Prior editions of this report, as well as additional information on our approach to Sustainability and ESG, can be found on our website www.kaefer.com. Information on the KAEFER FOUNDATION is available at www.kaefer.foundation.
As always, we seek to fulfil the expectations of our stakeholders by integrating their feedback into planning for the next edition of the Sustainability Report. If you’d like to join the conversation, we’d love to hear from you at ESG@kaefer.com.
To help our stakeholders and other interested parties find information in this report, we have included an index in which the various topics are mapped against the three separate sustainability guidelines used by KAEFER:
This report has been structured according to ESG criteria to help rating agencies assess KAEFER’s sustainability.
Global Reporting Initiative (GRI)
KAEFER SE & Co. KG has reported in accordance with the GRI Standards for the period 1 January to 31 December 2022. A non-profit organisation, GRI provides the world’s most widely used standard framework for sustainability reporting. The framework helps companies identify, gather, and report their sustainability activities in a clear and comparable manner.
UN Sustainable Development Goals
The UN’s Sustainable Development Goals (SDGs) are the blueprint to achieve a better and more sustainable future for all. They were introduced in 2015 and address the global challenges we face, including poverty, inequality, climate change, environmental degradation, peace, and justice. Only through integrated strategies designed to improve health and education, reduce inequality, spur economic growth, and protect our environment can we hope to end poverty. SDGs have been integrated into KAEFER’s Sustainability Report since 2019.