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Commitment to more sustainability

Much has also happened at Jenoptik in 2021 when it comes to sustainability. For example, the Group sent out clear signals for more sustainability in group financing, with measures and non-financial targets. After all, at Jenoptik, economic success goes hand in hand with responsible ecological action.

To us, corporate actions are not limited to implementing business targets; a company's obligations towards society and the environment are also essential to the company’s success.

UN Global Compact

By joining the UN Global Compact, the United Nations’ network for corporate responsibility, Jenoptik commits to full compliance with the principles relating to human rights, labor standards, environmental protection, and universal anti-corruption.

Non-financial targets

In 2021, on the subject of what contribution Jenoptik can make to the goals of the Paris Climate Accord, we defined clear goals against which we can be measured. By 2025, we intend to cut our CO2 emissions by 30 percent compared to the base year of 2019. The savings will come from direct emissions released by Jenoptik itself and indirect emissions from purchased energy.

Learn more about our non-financial targets.

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Our previous ambitions are acknowledged, on the one hand by positive ESG ratings, and on the other hand by awards from customers. The Dutch semiconductor equipment manufacturer ASML presented Jenoptik with the ASML Sustainability Excellence Award for its sustainability strategy. Jenoptik particulary impressed with its targets of reusing and recycling components and ensuring business continuity. The prize money is donated to the non-profit organization “Kindersprachbrücke Jena”.

Group financing with ESG components

Jenoptik placed a sustainability-linked debenture bond worth 400 million euros on the capital market in the spring.

At the end of the year, we also expanded our scope for further investment by refinancing and increasing our syndicated loan to 400 million euros at favorable market conditions, with an option to increase it by additional 200 million euros. We aligned the structure of the loan to verifiable goals with regard to sustainability in the supply chain, the group-wide share of green electricity and the diversity of management.

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