Sustainability

To determine the material topics, Bucher Industries carried out a double materiality assessment in accordance with CSRD. The material topics were identified along the value chain and assessed according to their potential impacts, opportunities and risks. The decisive criteria were probability, severity, scope or irreversibility as well as the extent of the financial opportunities and risks. Although both upstream and downstream activities were taken into account, only the downstream activities over which the Group has control or influence were included. Stakeholders such as employees, customers, suppliers and investors were involved in the process. A threshold based on qualitative and quantitative criteria served as a basis for prioritisation.

To assess Bucher Industries’ value chain, each division identified and evaluated its value chain, including upstream and downstream activities. The following illustration shows Bucher Industries’ entire value chain and is representative of all divisions. In the double materiality assessment, the system boundaries of the value chain with respect to downstream activities were limited to those areas over which Bucher Industries has control or can exercise significant influence.

Bucher Industries is in regular contact with various stakeholders. These stakeholders are listed in the annex section, along with their key needs and concerns. In the context of the involvement of the various stakeholders, there were no new material findings that would have had to be taken into account in the materiality assessment.