elobau continues its positive development in the Economy for the Common Good

Since 2016, elobau has published a sustainability report every two years in accordance with the Economy for the Common Good (ECG). The externally audited report analyses how the topics of human dignity, solidarity and fairness, ecological sustainability, transparency and joint decision‑making inside and outside the company have been handled over the past two years. Between -3600 and +1000 points can be scored depending on the performance in the various areas, whereby 0 points represents the sector average. With a score of 602 points in the report for 2018 and 2019, elobau leads the way in the manufacturing industry.

Sense of responsibility towards humankind, nature and society

As a foundation company, elobau takes responsibility for the social and ecological effects of its business activities. Focus is on people, followed by the responsibility for direct and indirect environmental impact. The report analyses the effects in the following five areas: employees, customers, suppliers, company and society. For the industrial company based in Germany’s Allgäu region, the ECG report presents an additional possibility for neutral evaluation of its activities and achievements in these areas. The increase to 602 points is spread over all areas and was achieved by implementing a multitude of measures. For example, the commuting emissions of employees are now recorded and offset, studies on the topic of eco design and lifecycle assessments are conducted with universities, institutes, customers and suppliers, and suppliers are also audited in accordance with ECG guidelines.

Patrick Löw, Sustainability Manager at elobau: “For us, the 7% increase from 558 to 602 points since the 2018 report is important confirmation that we are steering our company in the right direction. elobau wants to support the Economy for the Common Good through sustainable, environment‑conscious and social behaviour and sees itself as a bridge‑builder between the economy and the ECG.”