1.1 RESPONSIBILITY AND COMMITMENT
The Cicor Group is a globally active development and manufacturing partner providing innovative technology solutions for the electronics industry. Cicor offers highly complex printed circuit boards (PCB) and hybrid circuits, in addition to electronic manufacturing services (EMS) such as microelectronic assembly and plastic injection molding. With approximately 2,200 employees across eleven production sites, the Group supplies customized products and services – design to finished products – from one source.
Cicor knows that being a sustainable company is a priority for its customers. The Group recognizes that upholding strong Environmental, Social and Governance (ESG) values is paramount to its success, not only to be a responsible corporate citizen but because ESG management is a key partnership criterion for some of its customers. The customers’ perceptions of Cicor’s ESG practices can impact their decision to place an order.
The guiding principles for thought and action at Cicor are meeting customer expectations, ongoing improvement and fulfilling relevant legal requirements at all times. Thus, Cicor’s corporate policy incorporates all three of these commitments. Fulfilling this aim requires consistent, high-quality services that use minimal resources and uphold first-rate occupational safety. Therefore, Cicor’s quality policy, environmental policy, and health and safety policy are equal components of the corporate policy. Its performance on these priorities is how the Group measures its success in meeting its corporate policy.
Cicor also expects its suppliers to mirror its commitment by executing business operations that preserve the environment, contribute to social well-being of the communities in which they are present and demonstrate accountability and transparency in sustainability performance. Furthermore, the Group seeks partnerships with suppliers dedicated to constantly improving their sustainability programs, and who share Cicor’s goal of zero harm. The health and safety of the public should be safeguarded at all times, while any adverse effects to the communities, environment and natural resources must be continually minimized. To this end, suppliers must adhere to appropriate environmental permits and reporting, pollution prevention and waste reduction, hazardous substance management, wastewater and solid waste controls and processes,
air emissions controls and procedures, and all applicable laws and regulations regarding materials restrictions. With this shared commitment, suppliers assist Cicor in achieving its sustainable supply chain objectives by continuously delivering price-competitive and environmentally sound goods and services.
As an internationally active company with a strong brand, Cicor generates steadily growing value for its customers, shareholders and employees while offering innovative products and services for various technologically demanding applications within the electronics industry. Cicor uses
the vast expertise within the company and cooperation between different divisions to keep developing new technologies. The Group strives to be an attractive employer that encourages an open and honest corporate culture.
- Intense collaboration and use of synergies;
- Passionate and firm commitment to customers;
- Meticulous, fast and disciplined execution;
- Resolute in obtaining continuous improvement;
- Persistent drive to succeed.
1.2 MATERIAL TOPICS
This report has been drafted to fulfill the standards of the Global Reporting Initiative (GRI). As a basis for this sustainability report, a materiality analysis was carried out in 2021. This process started with an analysis that evaluated a wide range of internal (documents, guidelines, directives) and external (sustainability standards, industry information, peer analysis) sources. Material topics were those identified by Cicor as important from an internal company perspective and/or from the perspective of external stakeholders, and/or have a significant economic, environmental or social impact. The topics were determined and evaluated in a workshop with Cicor’s management (GRI 102-46). The materiality matrix shows the results of this material topic analysis (GRI 102-47).