dormakaba Named Among the World's Most Sustainable Companies by TIME Magazine
At dormakaba Australia and New Zealand, we are immensely proud to share the news that our organisation globally has been recognised as one of the "World’s Most Sustainable Companies 2024" by TIME magazine. This acknowledgement is a testament to our steadfast commitment to sustainability, both globally and locally, and highlights the significant strides we have made in integrating sustainable practices into our operations.
A global achievement with local contribution
The recognition by TIME magazine is a significant milestone for dormakaba. It underscores the diligent efforts and comprehensive strategies implemented across our global operations to promote environmental stewardship, social responsibility, and sustainable practices. This acknowledgement is the result of rigorous assessment, which included more than 20 sustainability criteria such as carbon emissions, energy intensity, employee turnover, work safety, and public commitment to sustainability targets.
Stephanie Ossenbach, Group Sustainability Officer at dormakaba, aptly stated, “We have worked diligently to establish a leading sustainability program in our industry, and we are delighted to have been recognised by TIME magazine for what we have achieved. Of course, sustainability management is a marathon, not a sprint. So, we are fully dedicated to continuing on this journey together with our colleagues across the world.”
Local commitment to sustainability
While this recognition is global, it is important to highlight the significant contributions from our teams in Australia and New Zealand. Our local initiatives and commitment to sustainability have played a crucial role in this achievement, reflecting our dedication to making a positive impact on the environment and the communities we serve.
Environmental stewardship
In Australia and New Zealand, dormakaba has been proactive in reducing our carbon footprint and promoting energy efficiency. We have implemented measures to decrease our energy consumption and increase the use of renewable energy sources. Our facilities are designed to be energy-efficient, and we continuously seek ways to minimise waste and reduce emissions. These efforts align with the global standards and commitments that earned us a place on TIME's list.
Social responsibility
Our commitment to social responsibility is evident in our inclusive workplace culture, which promotes diversity, equity, and inclusion. We prioritise the wellbeing of our employees, ensuring safe working conditions and fostering a supportive environment that encourages growth and development.
Transparent reporting
Transparency and accountability are cornerstones of our sustainability strategy. Globally we regularly publish detailed sustainability reports, adhering to international reporting standards such as GRI, SASB, and TCFD. These reports provide a comprehensive overview of our environmental and social performance, showcasing our commitment to continuous improvement and stakeholder engagement.
Pride in our people
The recognition by TIME magazine is not just an acknowledgement to our sustainable practices but also a celebration of our people. Our employees in Australia and New Zealand are the driving force behind our sustainability efforts.
We are incredibly proud of our local teams and their contributions to dormakaba’s global sustainability journey. Their hard work and commitment to sustainable practices reflect our shared values and vision for a better future. This recognition is a collective achievement, and it encourages us to continue striving to do better in all aspects of our operations.
Our commitment to the future
While we celebrate this achievement, we remain mindful that the journey towards sustainability is ongoing. There is always more to be done, and we are committed to further improvements.
Being named one of the "World’s Most Sustainable Companies 2024" by TIME magazine is a source of pride for all of us at dormakaba. It reflects our commitment to sustainability and the hard work of our teams globally and locally. As we look to the future, we remain dedicated to advancing our sustainability journey, making a positive impact on our environment, communities and stakeholders.
We thank our employees, customers, and partners for their support and collaboration in this journey. Together, we can continue to make a difference and build a more sustainable future.