Our Finances

Sustainable business is not a contradiction

Our finances are part of our sustainability strategy. Because sustainable economics also mean dealing in a forward-looking and careful manner with our financial resources, in order to secure the success and continued existence of the company.

 

At the same time the finances are a strong lever to direct the company towards a climate-friendly future. In future we aim to strengthen still further investments in projects and measures which reduce greenhouse gas emissions.

Eco-efficient investments

Careful and well-considered handing of finances can secure the success of a company, promote innovation and at the same time encourage a sustainable future. Sustainable investments are those which have positive effects in both the short and the long term for employee protection and health, for the CO2 footprint and for the continuation and strength of our company.

 

Since the beginning of 2022, all relevant investments at umdasch are examined for their eco-efficiency before implementation. That creates a broad awareness for sustainability and introduces the course-setting for thoroughly sustainable business activities and investments.

 

In 2022 it was possible to ascribe a positive ecological effect to 33,5 percent of all investments across the entire Umdasch Group.

Investing in the future

Investing in new production facilities and machinery that meets the latest standards, in renewable energy and the expansion or renovation of existing buildings are examples of investments which make us bigger, more competitive, more modern and more environmentally friendly!

 

A few examples from our company:

 

✔ Purchase of green electricity and investments in photovoltaic systems
✔ Reducing the use of gas as a fossil fuel and replacing it with district heating or alternative plant technologies
✔ LED lighting in offices and on company premises

 

We see all these investments as aspects of sustainable business.

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Please note that with the ruling of July 16, 2020 (Court of Justice of the European Union C-311/18, Schrems II Ruling), the adequacy decision that permitted the transfer of personal data to the USA was repealed. This means that the USA, as a third country, does not provide an adequate level of data protection.


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