Mammut: WE CARE - Transparent Sustainability Goals

Mammut publishes its Corporate Responsibility measures until 2023

Seon, November 15, 2018 - In a further logical step towards embracing the leading role in responsible production, Mammut has published its Corporate Responsibility goals for the next five years. The plan provides a transparent overview of the successes and challenges inherent in the production of sustainable products. Working on a timescale until 2023, the outdoor company intends to significantly reduce the environmental footprint of its collections and ban environmentally damaging substances from supply chains. In addition, Mammut ensures fair working conditions in production and the origin of animal materials from responsible sources.

Mammut's Strategic Plan represents a consolidation of the company's great commitment at all levels of corporate responsibility. The goals are both comprehensive and ambitious: "As a Swiss premium outdoor brand, whose roots go back to the year 1862, we want to preserve what is worth preserving and improving what is not yet perfect. The sustainability of our products and manufacturing processes is an essential part of the quality standards of Mammut," commented Peter Hollenstein, CR Manager of the Mammut Sports Group AG.

MAMMUT WE CARE

Mammut excludes environmentally harmful substances from the beginning of the manufacturing process to protect the environment. Since 2011, Mammut has been a partner of bluesign®, currently the strictest and most comprehensive standard for consumer and environmental protection in the textile industry. By 2023, the company aims to use a minimum of 95% certified materials. Mammut is also working to eliminate the use of PFC-based equipment by the same date. In the procurement of materials of animal origin, Mammut places great importance on comprehensive certified animal protection and traceability standards. Mammut is already using certified or recycled down (Responsible Down Standard & RE:DOWN) in all products. The Responsible Wool Standard (RWS) is also being implemented in the global supply chain. The company aims to cover 100 percent of its requirements with RWS-certified wool by 2023. At the moment, there is no independent standard for leather materials. In this area, Mammut works with carefully selected tanneries which use controlled processes to produce high-quality leather.

To further optimize its environmental profile, the company uses recycled materials in its processes wherever these meet its high requirements in relation to quality, performance and functionality. For its cotton products, the majority of Mammut's supplies are sourced from organic cultivation. By 2023, Mammut has committed to deriving 95% of its production materials from recycling and to use exclusively certified organic cotton. In 2008, to ensure ethical production, Mammut became one of the first outdoor companies to join the Fair Wear Foundation (FWF), committing to the strictest standards in the world for fair working conditions in the production of its product since then.


 

Annual General Meeting 2019: All motions approved

Zurich, April 16, 2019 - At the Annual General Meeting of Conzzeta AG on April 16, 2019, the shareholders approved all motions of the Board of Directors by a large majority. Taken together, 75.1% of the votes were represented.

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Interim information as of the end of Q1 2019: Expected slowdown compared to strong previous- year quarter

Zurich, April 15, 2019 – The Conzzeta Group posted net revenue of CHF 394.4 million over the first 3 months of 2019, 8.4% less than in the strong first quarter last year. Adjusted for currency translation effects and changes in the scope of consolidation, revenue fell by 9.1%. For continuing operations, i.e. without the Glass Processing segment divested as of March 31, 2019, revenue fell by 6.3%. Order intake in the Sheet Metal Processing segment came to CHF 222.2 million, which was a 8.0% drop compared to last year.

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Streamlining of the business portfolio: Sale of the Glass Processing segment completed

Zurich, April 1, 2019 – Conzzeta has reported that it has completed the sale of the Glass Processing segment to the finnish Glaston Corporation, which was announced on January 25, 2019. 

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