Sustainability report (report on non-financial matters)

GRI

Introduction

This sustainability report from the Geberit Group is addressed to all stakeholders, employees, customers, partner companies and the general public. Primarily, it serves as the main instrument for informing shareholders, investors and ESG analysts about non-financial matters. The sustainability report contains information on the activities carried out in the reporting year and their results in terms of climate, social and employee matters. It also includes the results of the audit of due diligence obligations in terms of child labour and forced labour and on handling conflict minerals. Moreover, it addresses topics contained in the areas respect for human rights, combating corruption and responsible corporate governance.

Referenced frameworks and reporting standards

The content of this report was compiled in accordance with Art. 964a ff. of the Swiss Code of Obligations and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) on climate reporting (Art. 964a ff. CO Content Index), further with the GRI standards (GRI Content Index) and the Sustainability Accounting Standards Board (SASB Content Index). Furthermore, the report contains a statement of the company’s contribution to the UN 2030 Agenda for Sustainable Development and to the Sustainable Development Goals (SDG Reporting).

Gradual adjustment according to CSRD guidelines

As part of the gradual adjustment of reporting according to the requirements of the Corporate Sustainability Reporting Directive (CSRD), which applies for the Geberit Group from the 2025 financial year onwards, the long-standing structure of the chapter on sustainability performance in the reporting year (Performance 2024) has been adjusted. This now follows the thematic structure of sustainability reporting according to the European Sustainability Reporting Standards (ESRS) and represents the three sustainability dimensions Environment (E), Social (S) and Governance (G). A complete change to the new reporting standard and the disclosure requirements contained therein will be made in the 2025 sustainability report.

Report structure

The complete sustainability report consists of the following sections:

Basis of consolidation and reporting period

All topics dealt with in the sustainability report and the performance data shown in the chapter Performance 2024 relate to all business areas and consolidated units. Any deviations are indicated. For the reporting limits in the consolidated financial statements, see Financials > Consolidated financial statements Geberit Group > Notes > Note 32. If, in individual cases, a new form of presentation, calculation method or optimised data collection has led to other results for the previous years, then this is noted under the respective statements.

The reporting period for sustainability performance is the financial year 2024. The sustainability report was published as part of the overall reporting on the Geberit Group's 2024 financial year on 6 March 2025. Should you have any questions concerning sustainability at Geberit, please contact:

Mark Schneider
Head Corporate Sustainability
Geberit International AG
Schachenstrasse 77, CH-8645 Jona
Tel: +41 55 221 63 56
sustainability@geberit.com

External assurance

There is no external review of the sustainability report in its entirety. Individual processes, results and statements are inspected by external parties:

Financial reporting is audited by an external auditor, see Financials > Financial statements Geberit Group > Report of the statutory auditor and Financials > Financial statements Geberit AG > Report of the statutory auditor.
The greenhouse gas balance (Scope 1 to 2) is audited by an external auditor, see Audit Report Greenhouse Gas Balance.
The Geberit Group has a Group certificate in accordance with ISO 9001 (quality), ISO 14001 (environment) and ISO 45001 (occupational health and safety) that is valid until 2027. All production plants, the logistics centre in Pfullendorf (DE), and the management company incorporating all Group functions at headquarters in Rapperswil-Jona (CH) are certified in accordance with these three standards. In addition, five plants are certified in accordance with ISO 50001 (energy) and nine sales companies in accordance with ISO 9001 (quality).
In 2015, all Group companies implemented the European Energy Efficiency Directive 2012/27/EU for the first time. The last review took place in 2023.
On-site audits of suppliers in the areas of quality, environment, occupational health and safety are carried out by Geberit as well as certified third-party specialists. In 2024, seven external audits took place, see Procurement.

This report was approved by the Geberit Board of Directors prior to its publication on 5 March 2025. It is published as part of the Annual Report 2024 and can be viewed on the company website.