Graepel publishes first sustainability report

Graepel publishes its first sustainability report and underlines its pioneering role for sustainable corporate governance in the industry. As the preparation of such a report is not yet mandatory, this step underlines the company's long-standing commitment to ecologically and socially responsible corporate governance.

Graepel has always been aware of its responsibility towards society and the environment. As the cornerstone for the report, the company formed a sustainability team that developed a comprehensive sustainability strategy and adopted the Graepel Sustainability Program in 2023. The report now presented looks at the three pillars of sustainability – economic, social, and environmental – from the perspective of suppliers, employees and customers and assesses their impact on people, the market and the environment.

Graepel showcases sustainability as a living practice.

“We have firmly anchored economic efficiency, social justice and ecological sustainability in our actions,” says Carlo Graepel, who is a member of the Friedrich Graepel AG Executive Board together with his brother Felix Graepel. “Our sustainability report shows where we stand. It illustrates our efforts to integrate sustainable practices into all areas of the company.”

The Sustainability Officer Eva Pophanken emphasizes the continuous development: “The report marks the beginning of a process of ongoing self-critical reflection and development. Our responsibility extends far beyond our borders, and we are determined to make our contribution to a sustainable global future.”

Graepel is implementing concrete measures to reduce its ecological footprint, such as the increased use of recycled materials and the use of renewable energies. At the company's two largest production sites, the use of scrap steel is already around 40 % and the use of recycled aluminum is up to 95 %. In addition, 57 % of electricity consumption across the Group was covered by renewable sources in the reporting period, including through the commissioning of the first photovoltaic system at the site in Löningen, Germany. This covered 6.6 % of total electricity consumption in 2023. Another example is the conversion of lighting to LED. An annual CO₂ reduction of over 210 tons in total has already been achieved at two locations.

Graepel's sustainability report can be requested by customers, partners and journalists via Graepel's Sustainability Officer: eva.pophanken@graepel.de