Accelerating Responsible Mobility

Accelerating Responsible Mobility

A Force for Good in Our World

“We are committed to the highest standards of sustainability and ethical behavior, embedding these principles into every facet of our business to ensure our operations drive a future-proof, sustainable world.”

Martin Weidlich, Managing Director, Voltaira Group

Committed to Sustainability

At Voltaira Group, sustainability is central to our mission to create lasting value for employees, stakeholders, business partners and communities. We take a holistic approach that balances business growth with people’s well-being, community support and environmental protection.

Our model minimizes impacts across our operations, products and value chain through focused initiatives in climate change and decarbonization, energy efficiency and renewable energy, waste management and circular economy, and sustainable supply chain. These efforts are driven by our people and a culture of environmental and social stewardship that integrates sustainability into every aspect of our business.

Forest with a water droplet on the floor that looks like the earth

Proven Performance

Voltaira Group was proud to receive a score of 17.6 from Sustainalytics in 2023, reflecting our outstanding sustainability performance. This top-tier rating highlights our strong commitment to environmental, social and governance practices and underscores our leadership in responsible business.

Low risk rating (2023)
17.6 score (2023)
Hands all together in a pile

Driven by Ethics

Ethical behavior is the cornerstone of our operations at Voltaira Group. We are committed to upholding the highest standards of integrity in all our interactions with all our stakeholders including our business partners and suppliers.

Our adherence to the Code of Conduct is exemplified by our leadership and reinforced through continuous support for our employees.

Our Whistleblower system allows for the anonymous reporting of unethical behavior, ensuring transparency and accountability.

We are committed to learning from our experiences, constantly striving to improve and uphold ethical practices across the organization. By staying aligned with global trends and adopting industry best practices, we ensure that our approach remains forward-thinking and in step with evolving standards.

Building a Resilient Future Through Innovative and Future-Proof Technologies

We closely follow megatrends related to sustainable operations and embed these practices into our daily activities. With a strong focus on electrification, a pivotal area in automotive technology, we have established a dedicated business division to advance electrification solutions.

Our strategic acquisition of AutoKabel, a leading automotive cable and wires solution provider, further solidifies our commitment to in this direction, enhancing our capabilities and reinforcing our commitment to sustainable automotive solutions.

Futuristic electric vehicle in foreground with city in the background

Our Sustainability Strategy

While we excel in developing top-tier clean solutions for the mobility industry, our commitment extends beyond innovation. We strive to create lasting value for our employees, stakeholders, business partners, and the communities we serve.

Our Focus Areas

Embracing a holistic approach, we focus not only on business growth but also on safeguarding our people, supporting our communities, and protecting the planet. Our sustainable business model prioritizes minimizing our impact across operations, products, and the value chain, reflecting our dedication to responsible and impactful practices.

Climate Change and Decarbonization

Climate change is a serious global challenge, and Voltaira Group is fully committed to combating it through decarbonization. As one of the major pillars of our sustainability strategy, we focus on reducing carbon emissions, advancing clean energy technologies, and integrating sustainable practices to minimize our environmental footprint.

In line with our corporate sustainability goals, Voltaira is committed to achieving Net Zero Emissions. We have developed a comprehensive decarbonization journey that addresses emissions from our manufacturing operations and business activities to tackle climate change.

Key areas of focus in our pursuit of this Net Zero Goal include:

  • GHG Accounting (Scope 1, 2 and 3): Aligned with the GHG Protocol to ensure accurate measurement and reduction of emissions.
  • ISO 50001 certification: Establishing the ISO 50001 energy management system, reinforcing our commitment to energy efficiency.
  • Voltaira Next Terra Energy Efficiency Program: A targeted initiative to improve energy efficiency throughout our operations.
  • Investment on PV panels at plants.
  • Procurement of renewable energy in the plants and offices.
  • Transition to 0 or low emission vehicles
  • Reduction of carbon footprint across operations and supply chain

These initiatives reflect Voltaira’s commitment to a sustainable future and our proactive approach to climate change.

Energy Efficiency and Renewable Energy

Voltaira Group is dedicated to sustainability, with energy efficiency and renewable energy at the core of our principles. We focus on optimizing energy use, preventing losses, and prioritizing energy consumption from renewable resources. By establishing a robust Energy Management System, we are committed to reducing our environmental impact and enhancing our performance. To fulfill this mission, we have launched Voltaira Next Terra.

Waste Management and Circular Economy

At Voltaira Group, waste management and circular economy are central to our sustainability strategy. We prioritize waste reduction, resource reuse, and recycling to minimize our environmental footprint.

Through lean management and continuous improvement, we strive to minimize waste generation and enhance the reuse and recyclability of our products and materials. We actively seek opportunities to incorporate secondary materials and promote sustainable packaging in our manufacturing processes, aligning with the standards of our business partners. Each year, we set ambitious goals to increase our recyclability rates and further reduce waste.

Hands holding recyclable material

 

Leading with People. Sustainability Through Empowerment

At Voltaira, we place our people at the forefront of our sustainability mission. We nurture a culture that champions environmental responsibility, offering our team the education and resources needed to champion sustainable initiatives.

By making sustainability a core aspect of our everyday work, we empower our employees to lead impactful change and help us achieve our collective vision of a more sustainable world. Our dedication to sustainability is anchored in the belief that our people are the driving force behind meaningful progress.

 

Sustainable Supply Chain

Corporate social and environmental responsibility are integral to Voltaira Group’s supply chain strategy. We emphasize ethical sourcing, energy-efficient logistics, and robust waste reduction practices to minimize our environmental impact.

Working closely with our business partners and suppliers, we aim to establish a responsible and sustainable value chain, guided by our Codes, Guidelines, and Policies. Our focus is on reducing the ecological footprint of our operations while improving working conditions at our production sites.

By continuously enhancing our systems and guidelines, we seek to exceed customer expectations and drive the adoption of more sustainable solutions, contributing to the global push for net zero. Our key initiatives include transitioning to low or zero-emission vehicles and cutting our carbon footprint throughout the supply chain.

We engage and collaborate with our business partners and suppliers to achieve responsible, ethical and sustainable value chain in line with our Codes, Guidelines & Policies Our priority is to reduce environmental footprints of facilities and improve the working conditions of production sites. In addition, meeting and exceeding customer expectations will drive our business to offer more sustainable solutions by improving our own systems and guidelines, contributing to net zero transitions overall. 

An office building with a lot of greenery and trees around it

 

Voltaira Next Terra program

Voltaira Next Terra is our Decarbonization and Energy Efficiency Program aimed at achieving net zero carbon emissions by 2050. The program integrates renewable energy sources, innovative technologies, and sustainable practices to minimize our environmental footprint.

Key upcoming milestones include the 2024-2025 implementation of our Photovoltaic Panel Program for solar energy integration, and the procurement of renewable energy for our plants and offices during the same period.

Ariel show overlooking a very green forest

Our Commitment

Voltaira Next Terra represents our ambitious decarbonization and energy efficiency program to achieve net-zero carbon emissions by 2050. This initiative combines renewable energy, cutting-edge technologies and sustainable practices to significantly reduce our environmental impact.

Navigating the complexities of today’s world requires us to seize opportunities while building a sustainable future for generations to come. The Voltaira Next Terra program embodies our dedication to driving positive change and making a lasting impact on the planet and society.

Net Zero

Reduce CO2 emissions

By 21% by 2025
Reduce CO2 emissions
By 42 % by 2030
Become Net Zero by 2050

(VS. 2020 emissions)

Min. 50%

Green Electricity by 2030

Min. 75%

Recyclability Rate in all Countries of Operations

0

Environmental Incident

Active Collaboration with External Stakeholders and Organizations

In our pursuit of sustainability, we actively collaborate with external stakeholders and organizations that share our vision. Our partnership with Suppliers Partnership for the Environment exemplifies our commitment to meaningful progress.

We go beyond membership in industry associations and adhere to leading global frameworks and standards. Our sustainability reporting is aligned with the United Nations Sustainable Development Goals (UN SDGs), the Carbon Disclosure Project (CDP), the Global Reporting Initiative (GRI), the Science-Based Targets initiative (SBTi), the Hong Kong Stock Exchange (HKEX) reporting requirements, and the Corporate Sustainability Reporting Directive (CSRD) ESRS and IFRS standards.

We also meet environmental, social and governance (ESG) criteria set by our parent company and clients. As a member of the Responsible Business Alliance (RBA), we participate in self-assessments and third-party audits to continuously improve our ESG and ethical performance.

Voltaira is committed to promoting sustainable growth and fostering a responsible business ecosystem.

Group of individuals on a conference video call

More to Explore

ESG report PDF

Explore our Sustainability Progress (2023 FIT Group ESG Report)

Code of Conduct PDF

Learn more about our commitment to ethics

Electric car with charger plugged in

We are committed to sustainable mobility. Learn more about our innovative electrified vehicle (EV) charging solutions!

Contact Us

At every step of the way, we focus on providing exceptional service and reliable solutions to ensure your success. Contact us today to see how we can help you meet your goals and navigate the evolving automotive landscape!