Aurubis Sustainability Strategy

Aurubis first developed a Sustainability Strategy in 2013. The first strategy expired in calendar year 2018 after a runtime of five years. In fall 2015, the main action areas of this strategy were reviewed to determine their relevance, refined, and developed in the course of a materiality analysis. Internal and external stakeholders from eight stakeholder groups relevant to Aurubis were surveyed for this purpose. Furthermore, managers from all company divisions carried out the analysis.

In July 2017, we started the process to develop the Sustainability Strategy further. The process was broken down into two phases. The first phase was the analysis of the internal and external requirements and the current developments. With the support of the relevant departments, Aurubis determines its status quo, potential for improvement, and areas that require attention. In the development phase, the information was assessed and the key topics from the 2015 materiality matrix were reviewed to determine whether they were up-to-date and possibly needed to be shifted. Concrete targets and measures were developed in workshops from the insights that were gained, which included a new classification of some of the relevant topics. The representatives of the relevant departments were divided into three working groups corresponding to Aurubis’ interplay of the economy, the environment, and people.

During the reporting period, the Aurubis Executive Board and Supervisory Board passed the Sustainability Strategy 2018–2023. It comprises the main areas of activity for the next five years. In turn, these areas include a total of 27 measures and nine targets. We established deadlines and KPIs for their implementation so that our sustainable company development can be measured and guided.