Cicor has reported in accordance with the GRI Standards for the period from 01/01/2022 to 12/31/2022. For the Content Index - Essentials Service, GRI Services reviewed that the GRI content index is clearly presented, in a manner consistent with the Standards, and that the references for disclosures 2-1 to 2-5, 3-1 and 3-2 are aligned with the appropriate sections in the body of the report. The Content Index – Essentials Service was carried out on the English version of the report. Questions regarding the sustainability report can be directed to Michael Götti, Vice President Corporate Marketing and Communications, michael.goetti@cicor.com.
GRI Standard |
Disclosure |
Location |
Link |
Omission |
GRI 1: Foundation 2021 |
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GRI 2: General Disclosures 2021 |
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The organization and its reporting practices |
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GRI 2: General Disclosures 2021 |
2-1 Organizational Details |
Management Report, About Cicor |
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2-2 Entities included in the organization’s sustainability reporting |
Financial Report, Consolidated financial statement Cicor Group, Note 3 |
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2-3 Reporting period, frequency and contact point |
Corporate Governance Report, 10 Information Policy |
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2-4 Restatements of information |
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No restatements of information |
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2-5 External assurance |
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No external assurance |
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Activities and workers |
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GRI 2: General Disclosures 2021 |
2-6 Activities, value chain and other business relationships |
1.1 Responsibility and commitment |
https://report.cicor.com/ar22/en/?p=157/#responsibilityandcommitment |
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2-7 Employees |
4.1 Attractive and responsible employer |
https://report.cicor.com/ar22/en/?p=160/#attractiveandresponsibleemployer |
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2-8 Workers who are not employees |
4.1 Attractive and responsible employer |
https://report.cicor.com/ar22/en/?p=160/#attractiveandresponsibleemployer |
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Governance |
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GRI 2: General Disclosures 2021 |
2-9 Governance structure and composition |
Corporate Governance Report, 3 Board of Directors |
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2-10 Nomination and selection of the highest governance body |
Corporate Governance Report, 3.3 Elections and terms of office |
https://report.cicor.com/ar22/en/?p=138/#electionsandtermsofoffice |
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2-11 Chair of the highest governance body |
Corporate Governance Report, 3.1 Members of the Board of Directors |
https://report.cicor.com/ar22/en/?p=138/#membersoftheboardofdirectors |
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2-12 Role of the highest governance body in overseeing the management of impacts |
1.1 Responsibility and commitment |
https://report.cicor.com/ar22/en/?p=157/#responsibilityandcommitment |
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2-13 Delegation of responsibility for managing impacts |
1.1 Responsibility and commitment |
https://report.cicor.com/ar22/en/?p=157/#responsibilityandcommitment |
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2-14 Role of the highest governance body in sustainability reporting |
1.1 Responsibility and commitment |
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2-15 Conflicts of interest |
Corporate Governance Report, 3.2 Other activities and vested interests |
https://report.cicor.com/ar22/en/?p=138/#otheractivitiesandvestedinterests |
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2-16 Communication of critical concerns |
Corporate Governance Report, 3.6 Information and control instruments towards the Group Management and risk management |
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2-17 Collective knowledge of the highest governance body |
Corporate Governance Report, 3.4 Internal organizational structure |
https://report.cicor.com/ar22/en/?p=138/#internaloranizationalstructure |
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2-18 Evaluation of the performance of the highest governance body |
Remuneration Report, 1 Introduction |
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2-19 Remuneration policies |
Remuneration Report, 2 Remuneration System |
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2-20 Process to determine remuneration |
Remuneration Report, 3 Approval Process |
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2-21 Annual total compensation ratio |
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Requirement(s) omitted: Annual total compensation ratio Reason: Data not yet available Explanation: Data management system will be expanded |
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Strategy, policies and practices |
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GRI 2: General Disclosures 2021 |
2-22 Statement on sustainable development strategy |
Management Report, Letter to Shareholders |
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2-23 Policy commitments |
4 Incentivizing Employees and Productivity |
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2-24 Embedding policy commitments |
4 Incentivizing Employees and Productivity |
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2-25 Processes to remediate negative impacts |
1.1 Responsibility and commitment |
https://report.cicor.com/ar22/en/?p=157/#responsibilityandcommitment |
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2-26 Mechanisms for seeking advice and raising concerns |
4.4 Diversity, equal opportunity and inclusion |
https://report.cicor.com/ar22/en/?p=160/#diversityequalopportunityandinclusion |
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2-27 Compliance with laws and regulations |
5.2 Fair business practices |
https://report.cicor.com/ar22/en/?p=161/#fairbusinesspractices |
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2-28 Membership associations |
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No relevant membership associations during 2022. |
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Stakeholder engagement |
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GRI 2: General Disclosures 2021 |
2-29 Approach to stakeholder engagement |
1.3 Stakeholder management |
https://report.cicor.com/ar22/en/?p=157/#stakeholdermanagement |
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2-30 Collective bargaining agreements |
4.1 Attractive and responsible employer |
https://report.cicor.com/ar22/en/?p=160/#attractiveandresponsibleemployer |
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GRI 3: Material Topics 2021 |
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Materiality assessment and list of material topics |
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GRI 3: Material Topics 2021 |
3-1 Process to determine material topics |
1.2 Material topics |
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3-2 List of material topics |
1.2 Material topics |
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Maximizing economic potential |
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Economic value creation |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
2.1 Economic performance |
https://report.cicor.com/ar22/en/?p=158/#economicperformance |
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GRI 201: Economic Performance 2016 |
201-1 Direct economic value generated and distributed |
Financial Report, Consolidated Income Statement |
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Customer value creation |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
2.2 Customer value creation |
https://report.cicor.com/ar22/en/?p=158/#customervaluecreation |
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Product quality and compliance |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
2.3 Product quality and compliance |
https://report.cicor.com/ar22/en/?p=158/#productqualityandcompliance |
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Engineering |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
2.4 Engineering |
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Minimizing environmental impact |
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Energy and carbon management |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
3.1 Energy and carbon management |
https://report.cicor.com/ar22/en/?p=159/#energyandcarbonmanagement |
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GRI 302: Energy 2016 |
302-1 Energy consumption within the organization |
3.1 Energy and carbon management |
https://report.cicor.com/ar22/en/?p=159/#energyandcarbonmanagement |
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302-4 Reduction of energy consumption |
3.1 Energy and carbon management |
https://report.cicor.com/ar22/en/?p=159/#energyandcarbonmanagement |
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GRI 305: Emissions 2016 |
305-1 Direct (Scope 1) GHG emissions |
3.1 Energy and carbon management |
https://report.cicor.com/ar22/en/?p=159/#energyandcarbonmanagement |
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305-2 Energy indirect (Scope 2) GHG emissions |
3.1 Energy and carbon management |
https://report.cicor.com/ar22/en/?p=159/#energyandcarbonmanagement |
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305-5 Reduction of GHG emissions |
3.1 Energy and carbon management |
https://report.cicor.com/ar22/en/?p=159/#energyandcarbonmanagement |
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Resource efficiency of production |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
3.2 Resource efficency of production |
https://report.cicor.com/ar22/en/?p=159/#resourceefficencyofproduction |
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GRI 306: Waste 2020 |
306-1 Waste generation and significant waste-related impacts |
3.2 Resource efficency of production |
https://report.cicor.com/ar22/en/?p=159/#resourceefficencyofproduction |
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306-2 Management of significant waste-related impacts |
3.2 Resource efficency of production |
https://report.cicor.com/ar22/en/?p=159/#resourceefficencyofproduction |
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306-3 Waste generated |
3.2 Resource efficency of production |
https://report.cicor.com/ar22/en/?p=159/#resourceefficencyofproduction |
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Environmental management and compliance |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
3.3 Environmental management and compliance |
https://report.cicor.com/ar22/en/?p=159/#environmentalmanagementandcompliance |
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Incentivizing employees and productivity |
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Attractive and responsible employer |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
4.1 Attractive and responsible employer |
https://report.cicor.com/ar22/en/?p=160/#attractiveandresponsibleemployer |
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GRI 401: Employment 2016 |
401-1 New employee hires and employee turnover |
4.1 Attractive and responsible employer |
https://report.cicor.com/ar22/en/?p=160/#attractiveandresponsibleemployer |
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Employee development |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
4.2 Employee development |
https://report.cicor.com/ar22/en/?p=160/#employeedevelopment |
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GRI 404: Training and Education 2016 |
404-2 Programs to upgrade employee skills and transition assistance programs |
4.2 Employee development |
https://report.cicor.com/ar22/en/?p=160/#employeedevelopment |
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Occupational health and safety |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
4.3 Occupational health and safety |
https://report.cicor.com/ar22/en/?p=160/#occupationalhealthandsafety |
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GRI 403: Occupational Health and Safety 2018 |
403-1 Occupational health and safety management system |
4.3 Occupational health and safety |
https://report.cicor.com/ar22/en/?p=160/#occupationalhealthandsafety |
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403-2 Hazard identification, risk assessment, and incident investigation |
4.3 Occupational health and safety |
https://report.cicor.com/ar22/en/?p=160/#occupationalhealthandsafety |
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403-3 Occupational health services |
4.3 Occupational health and safety |
https://report.cicor.com/ar22/en/?p=160/#occupationalhealthandsafety |
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403-4 Worker participation, consultation and communication on occupational health and safety |
4.3 Occupational health and safety |
https://report.cicor.com/ar22/en/?p=160/#occupationalhealthandsafety |
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403-5 Worker training on occupational health and safety |
4.3 Occupational health and safety |
https://report.cicor.com/ar22/en/?p=160/#occupationalhealthandsafety |
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403-6 Promotion of worker health |
4.3 Occupational health and safety |
https://report.cicor.com/ar22/en/?p=160/#occupationalhealthandsafety |
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403-7 Prevention and mitigation of occupational health and safety impacts linked to business relationships |
4.3 Occupational health and safety |
https://report.cicor.com/ar22/en/?p=160/#occupationalhealthandsafety |
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403-9 Work-related injuries |
4.3 Occupational health and safety |
https://report.cicor.com/ar22/en/?p=160/#occupationalhealthandsafety |
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Diversity, equal opportunity, and inclusion |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
4.4 Diversity, equal opportunity and inclusion |
https://report.cicor.com/ar22/en/?p=160/#diversityequalopportunityandinclusion |
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GRI 405: Diversity and Equal Opportunity 2016 |
405-1 Diversity of governance bodies and employees |
4.4 Diversity, equal opportunity and inclusion |
https://report.cicor.com/ar22/en/?p=160/#diversityequalopportunityandinclusion |
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GRI 406: Non-discrimination 2016 |
406-1 Incidents of discrimination and corrective actions taken |
4.4 Diversity, equal opportunity and inclusion |
https://report.cicor.com/ar22/en/?p=160/#diversityequalopportunityandinclusion |
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Creating value beyond the business |
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Responsible supplier standards |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
5.1 Responsible supplier standards |
https://report.cicor.com/ar22/en/?p=161/#responsiblesupplierstandards |
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GRI 308: Supplier Environmental Assessment 2016 |
308-1 New suppliers that were screened using environmental criteria |
5.1 Responsible supplier standards |
https://report.cicor.com/ar22/en/?p=161/#responsiblesupplierstandards |
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GRI 414: Supplier Social Assessment 2016 |
414-1 New supplierst hat were screened using social criteria |
5.1 Responsible supplier standards |
https://report.cicor.com/ar22/en/?p=161/#responsiblesupplierstandards |
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Fair business practices |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
5.2 Fair business practices |
https://report.cicor.com/ar22/en/?p=161/#fairbusinesspractices |
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GRI 205: Anti-corruption 2016 |
205-2 Communication and training about anti-corruption policies and procedures |
5.2 Fair business practices |
https://report.cicor.com/ar22/en/?p=161/#fairbusinesspractices |
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GRI 206: Anti-competitive Behaviour 2016 |
206-1 Legal actions for anti-competitive behavior, anti-trust and monopoly practices |
5.2 Fair business practices |
https://report.cicor.com/ar22/en/?p=161/#fairbusinesspractices |
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Local engagement |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
5.3 Local engagement |
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GRI 413: Local Communities 2016 |
413-1 Operations with local community engagement, impact assessments, and development programs |
5.3 Local engagement |
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