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.


 

Increase of participation from 51% to 70%: Conzzeta acquires additional stake in DNE Laser

Zurich, August 27, 2019 – As part of the growth strategy in the Sheet Metal Processing segment, Conzzeta announces the signing of an equity transfer agreement to increase its participation in DNE Laser, Shenzhen, China, from 51% to 70%.

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Half-Year Report at June 30, 2019: First half of 2019 with expected slowdown

  • Market-related slowdown compared with strong previous-year period
  • Net revenue CHF 770.1 million; on a comparable1 basis 5.6% below the previous year
  • EBIT CHF 90.5 million, including divestment gain of CHF 30.6 million
  • EBIT margin excluding divestment gain stable at 7.6% of total revenue
  • Earnings per share A including divestment gain at CHF 34.76, up 66.0%
  • Extraordinary AGM with proposal for a special dividend of CHF 30.00 per share A
  • More decentralized management for accelerated strategic and operational development 
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FoamPartner: OBoSky® ‒ easy to process, durable and low in emissions

Wolfhausen, July 18, 2019 - FoamPartner, specializing in advanced foam solutions, has developed a foam product family characterized by extremely low emission levels for use in automotive headliners with high demands on processability and design.

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