Cicor Technologies Ltd. has reported in accordance with the GRI Standards for the period from 1 January 2023 to 31 December 2023. For the Content Index – Essentials Service, GRI Services reviewed that the GRI content index has been presented in a way consistent with the requirements for reporting in accordance with the GRI Standards, and that the information in the index is clearly presented and accessible to the stakeholders.
Cicor publishes an annual sustainability report as part of the annual report. The 2023 report will be published on March 6, 2024. Questions regarding the sustainability report can be directed to Michael Götti, Vice President Corporate Marketing and Communications, michael.goetti@cicor.com.
GRI 1 used |
GRI 1: Foundation 2021 |
Applicable GRI sector standard |
None |
GRI Standard |
Disclosure |
Location (chapter of the Sustainability Report) / Information |
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Omission |
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 |
GRI Content Index statement |
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2-4 Restatements of information |
No restatements of information |
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2-5 External assurance |
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 |
1.2 Cicor’s Value Chain |
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2-7 Employees |
5.1 Attractive and responsible employer |
https://report.cicor.com/ar23/en/?p=476#attractiveandresponsibleemployer |
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2-8 Workers who are not employees |
5.1 Attractive and responsible employer |
https://report.cicor.com/ar23/en/?p=476#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/ar23/en/?p=575#electronicsandtermsofoffice |
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2-11 Chair of the highest governance body |
Corporate Governance Report, 3.1 Members of the Board of Directors |
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2-12 Role of the highest governance body in overseeing the management of impacts |
2.1 Responsibility and commitment |
https://report.cicor.com/ar23/en/?p=484#responsibilityandcommitment |
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2-13 Delegation of responsibility for managing impacts |
2.1 Responsibility and commitment |
https://report.cicor.com/ar23/en/?p=484#responsibilityandcommitment |
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2-14 Role of the highest governance body in sustainability reporting |
2.1 Responsibility and commitment |
https://report.cicor.com/ar23/en/?p=484#responsibilityandcommitment |
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7.1 Declaration of the Board of Directors |
https://report.cicor.com/ar23/en/?p=735#declarationoftheboardofdirectors |
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2-15 Conflicts of interest |
Corporate Governance Report, 3.2 Other activities and vested interests |
https://report.cicor.com/ar23/en/?p=575#otheractivitiesandvestedinterests |
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2-16 Communication of critical concerns |
2.1 Responsibility and commitment |
https://report.cicor.com/ar23/en/?p=484#responsibilityandcommitment |
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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/ar23/en/?p=575#internalorganizationalstructure |
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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, 3 Remuneration System |
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2-20 Process to determine remuneration |
Remuneration Report, 3 Remuneration System |
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2-21 Annual total compensation ratio |
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Requirement(s) omitted: Annual total compensation ratio Reason: Information unavailable / incomplete Explanation: Data management system will be expanded for the next reporting period |
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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 |
5 Incentivizing Employees and Productivity |
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6 Creating Value beyond the Business |
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2-24 Embedding policy commitments |
5 Incentivizing Employees and Productivity |
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6 Creating Value beyond the Business |
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2-25 Processes to remediate negative impacts |
5.3 Occupational health and safety |
https://report.cicor.com/ar23/en/?p=476#occupationalhealthandsafety |
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6.1 Responsible supplier standards |
https://report.cicor.com/ar23/en/?p=725#responsiblesupplierstandards |
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6.2. Fair business practices |
https://report.cicor.com/ar23/en/?p=725#fairbusinesspractices |
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2-26 Mechanisms for seeking advice and raising concerns |
6.1 Responsible supplier standards |
https://report.cicor.com/ar23/en/?p=725#responsiblesupplierstandards |
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6.2. Fair business practices |
https://report.cicor.com/ar23/en/?p=725#fairbusinesspractices |
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2-27 Compliance with laws and regulations |
6.2 Fair business practices |
https://report.cicor.com/ar23/en/?p=725#fairbusinesspractices |
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2-28 Membership associations |
No relevant membership associations during 2023. |
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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/ar23/en/?p=484#stakeholdermanagement |
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2-30 Collective bargaining agreements |
5.1 Attractive and responsible employer |
https://report.cicor.com/ar23/en/?p=476#attractiveandresponsibleemployer |
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GRI Standard |
Disclosure |
Location |
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Omission |
GRI 3: Material Topics 2021 |
3-1 Process to determine material topics |
2.2 Material topics |
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3-2 List of material topics |
2.2 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 |
3.1 Economic value creation |
https://report.cicor.com/ar23/en/?p=472#economicvaluecreation |
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GRI 201: Economic Performance 2016 |
201-1 Direct economic value generated and distributed |
Financial Report, Consolidated Income Statement |
https://report.cicor.com/ar23/en/?p=491#consolidatedincomestatment |
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Customer value creation |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
3.2 Customer value creation |
https://report.cicor.com/ar23/en/?p=472#customervaluecreation |
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Product quality and compliance |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
3.3 Product quality and compliance |
https://report.cicor.com/ar23/en/?p=472#productqualityandcompliance |
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Engineering |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
3.4 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 |
4.1 Energy and carbon management |
https://report.cicor.com/ar23/en/?p=473#energyandcarbonmanagement |
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GRI 302: Energy 2016 |
302-1 Energy consumption within the organization |
4.1 Energy and carbon management |
https://report.cicor.com/ar23/en/?p=473#energyandcarbonmanagement |
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302-4 Reduction of energy consumption |
4.1 Energy and carbon management |
https://report.cicor.com/ar23/en/?p=473#energyandcarbonmanagement |
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GRI 305: Emissions 2016 |
305-1 Direct (Scope 1) GHG emissions |
4.1 Energy and carbon management |
https://report.cicor.com/ar23/en/?p=473#energyandcarbonmanagement |
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305-2 Energy indirect (Scope 2) GHG emissions |
4.1 Energy and carbon management |
https://report.cicor.com/ar23/en/?p=473#energyandcarbonmanagement |
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305-5 Reduction of GHG emissions |
4.1 Energy and carbon management |
https://report.cicor.com/ar23/en/?p=473#energyandcarbonmanagement |
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Resource efficiency of production |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
4.2 Resource efficiency of production |
https://report.cicor.com/ar23/en/?p=473#resourceefficiencyofproduction |
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GRI 306: Waste 2020 |
306-2 Management of significant waste-related impacts |
4.2 Resource efficiency of production |
https://report.cicor.com/ar23/en/?p=473#resourceefficiencyofproduction |
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306-3 Waste generated |
4.2 Resource efficiency of production |
https://report.cicor.com/ar23/en/?p=473#resourceefficiencyofproduction |
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Environmental management and compliance |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
4.3 Environmental management and compliance |
https://report.cicor.com/ar23/en/?p=473#environmentalmanagementandcomliance |
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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 |
5.1 Attractive and responsible employer |
https://report.cicor.com/ar23/en/?p=476#attractiveandresponsibleemployer |
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GRI 401: Employment 2016 |
401-1 New employee hires and employee turnover |
5.1 Attractive and responsible employer |
https://report.cicor.com/ar23/en/?p=476#attractiveandresponsibleemployer |
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Employee development |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
5.2 Employee development |
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GRI 404: Training and Education 2016 |
404-2 Programs for upgrading employee skills and transition assistance programs |
5.2 Employee development |
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Occupational health and safety |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
5.3 Occupational health and safety |
https://report.cicor.com/ar23/en/?p=476#occupationalhealthandsafety |
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GRI 403: Occupational Health and Safety 2018 |
403-1 Occupational health and safety management system |
5.3 Occupational health and safety |
https://report.cicor.com/ar23/en/?p=476#occupationalhealthandsafety |
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403-2 Hazard identification, risk assessment, and incident investigation |
5.3 Occupational health and safety |
https://report.cicor.com/ar23/en/?p=476#occupationalhealthandsafety |
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403-3 Occupational health services |
5.3 Occupational health and safety |
https://report.cicor.com/ar23/en/?p=476#occupationalhealthandsafety |
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403-4 Worker participation, consultation, and communication on occupational health and safety |
5.3 Occupational health and safety |
https://report.cicor.com/ar23/en/?p=476#occupationalhealthandsafety |
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403-5 Worker training on occupational health and safety |
5.3 Occupational health and safety |
https://report.cicor.com/ar23/en/?p=476#occupationalhealthandsafety |
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403-6 Promotion of worker health |
5.3 Occupational health and safety |
https://report.cicor.com/ar23/en/?p=476#occupationalhealthandsafety |
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403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships |
5.3 Occupational health and safety |
https://report.cicor.com/ar23/en/?p=476#occupationalhealthandsafety |
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403-9 Work-related injuries |
5.3 Occupational health and safety |
https://report.cicor.com/ar23/en/?p=476#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 |
5.4 Diversity, equal opportunity, and inclusion |
https://report.cicor.com/ar23/en/?p=476#diversityequalopportunityandinclusion |
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GRI 405: Diversity and Equal Opportunity 2016 |
405-1 Diversity of governance bodies and employees |
5.4 Diversity, equal opportunity, and inclusion |
https://report.cicor.com/ar23/en/?p=476#diversityequalopportunityandinclusion |
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GRI 406: Non-discrimination 2016 |
406-1 Incidents of discrimination and corrective actions taken |
5.4 Diversity, equal opportunity, and inclusion |
https://report.cicor.com/ar23/en/?p=476#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 |
6.1 Responsible supplier standards |
https://report.cicor.com/ar23/en/?p=725#responsiblesupplierstandards |
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GRI 308: Supplier Environmental Assessment 2016 |
308-1 New suppliers that were screened using environmental criteria |
6.1 Responsible supplier standards |
https://report.cicor.com/ar23/en/?p=725#responsiblesupplierstandards |
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GRI 408: Child Labor 2016 |
408-1 Operations and suppliers at significant risk for incidents of child labor |
6.1 Responsible supplier standards |
https://report.cicor.com/ar23/en/?p=725#responsiblesupplierstandards |
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GRI 414: Supplier Social Assessment 2016 |
414-1 New suppliers that were screened using social criteria |
6.1 Responsible supplier standards |
https://report.cicor.com/ar23/en/?p=725#responsiblesupplierstandards |
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Fair business practices |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
6.2 Fair business practices |
https://report.cicor.com/ar23/en/?p=725#fairbusinesspractices |
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GRI 205: Anti-corruption 2016 |
205-2 Communication and training about anti-corruption policies and procedures |
6.2 Fair business practices |
https://report.cicor.com/ar23/en/?p=725#fairbusinesspractices |
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205-3 Confirmed incidents of corruption and actions taken |
6.2 Fair business practices |
https://report.cicor.com/ar23/en/?p=725#fairbusinesspractices |
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GRI 206: Anti-competitive Behavior 2016 |
206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices |
6.2 Fair business practices |
https://report.cicor.com/ar23/en/?p=725#fairbusinesspractices |
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GRI 207: Tax 2019 |
207-2 Tax governance, control, and risk management |
6.2 Fair business practices |
https://report.cicor.com/ar23/en/?p=725#fairbusinesspractices |
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Local engagement |
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GRI 3: Material Topics 2021 |
3-3 Management of material topics |
6.3 Local engagement |
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GRI 413: Local Communities 2016 |
413-1 Operations with local community engagement, impact assessments, and development programs |
6.3 Local engagement |
|