Our approach to corporate sustainability

Thinking of Tomorrow, Today

Sustainability presents an opportunity for the future. But also, a responsibility we need to face. We view sustainable action also as requisite for the ongoing economic success of our family business.These actions need to be implemented holistically – at all our worldwide locations worldwide and across the supply chain, based on complying with the law and official guidelines, and in close collaboration with our partners.

“We know that we still have a considerable journey ahead of us before we achieve our vision of climate neutrality. Nevertheless,
it is crucial that we approach this challenge with the determination to improve, year after year.”

Felix & Jens Fiege
Holistic. Now. Together.

As sustainability is an integral part of our corporate strategy, Sustainability at FIEGE our efforts consistently permeate all aspects of our operations – from the Executive Board to regional and branch management, as well as centralised roles. Together, we develop and monitor our objectives to ensure alignment and effectiveness.

Sustainability at FIEGE

Family

As a family business, it is in our DNA to think long-term.

Responsibility

We are shaping the transition towards sustainable development and show what sustainable logistics will look like in the future.

Market trends

We add value for our clients by integrating sustainability with our services and products.

The future

It is our goal to pass a healthy, climate neutral enterprise to the next generation.

Our sustainability strategy

Our overarching goal is to pass the company to the next, i.e., sixth generation. Naturally, we will only want to hand over the reins of our family business if it is healthy and climate positive.

Where are we today?

Are there actions that have both a positive and a negative impact on people and the environment? If so, where? What solutions can we offer? Which ones are needed compellingly? Where can we lead by example, also with the industry in mind? A materiality analysis is needed to determine material topics.

Our Executive Board: Jens Fiege, Martin Rademaker, Kenza Ait Si Abbou, Peter Scherbel, Alfred Messink, Felix Fiege (left to right)

Fields of action and focus topics

Result of the materiality analysis 2022

Our sustainability strategy is up and running – but how do we ensure its successful execution and ongoing relevance? Regular reviews are crucial.

We last conducted a comprehensive revision in 2022, which included a materiality assessment in accordance with the Global Reporting Initiative (GRI), a detailed analysis of our
business model, and an evaluation of our entire value chain. Based on the answers, we were able to identify and define a total of three fields of action as well as seven associated focus topics. Focus topics are currently rated as highly relevant. One consequence of the analysis is that we formulate strategic goals which we then co-ordinate with the respective departments and the company management.

One year later, we began incorporating the Corporate Sustainability Reporting Directive (CSRD) into our strategy.

Further relevant topics from our materiality analysis are also part of the sustainability report for reasons of transparency and completeness in relation to our business activities.

1

People

2

PLANET

3

PARTNERS

1.1
1.2
2.1
2.2
3.1
3.2
3.3
Working Conditions
Training & Development
Climate Action & Environmental Protection
Resource Efficiency
Sustainable Corporate Governance
Innovation & Co-operation
Social Engagement
Double materiality assessment 2024

In 2024, we reached another milestone: a double materiality assessment (DMA). This approach identifies the key sustainability themes across the entire FIEGE Group and combines two perspectives:

Impact Materiality
(environmental and societal impacts, positive and negative)

Financial Materiality
(financial opportunities and risks)

This holistic approach encompasses the entire value chain, examining interdependencies, risks and opportunities.

From assessment to implementation: A roadmap for sustained success

After completing the materiality assessment, we focus on the next step: the systematic collection of data and the implementation of concrete measures. This structured approach ensures that our strategy is not only ambitious but also effective.

1. Understanding the status quo: Comprehensive review of the current situation

In a first step, we conduct a detailed Gap analysis to examine the available data and identify any gaps. A clear understanding of the status quo is essential for establishing a solid baseline for the future.

2. Developing objectives together: Ambition meets realism

With the insights gained, we gather stakeholders – including Executive Board members, specialist departments and Regional Units – to share their perspectives and expertise. Together, we formulate objectives that are both challenging and realistically achievable. This collaborative approach ensures that everyone involved supports the strategy and actively advocates for its implementation.

3. From idea to impact: Value-adding activities

The defined objectives are translated into actionable activities. This makes them directly implementable. Our approach: activities that deliver not only short-term results but genuinely add value in the long term – for FIEGE, our partners, and for society.

Responsibilities
How is sustainability pursued within the organisation?

Corporate Sustainability (CS) is at the heart of our sustainability management, guiding the implementation of our sustainability objectives. CS ensures that all sustainability activities – both internal and external – are communicated transparently.
This also includes the coordination of all activities within the framework of the Supply Chain Due Diligence Act (LkSG).

The progress of these measures is continuously monitored to ensure a long-term effect. These efforts enhance the trust that investors, clients and other stakeholders place in us.

Executive Board
Business Units
Corporate
Sustainability
Service Functions
Development of in-house sustainability experts within the business units in close exchange with Corporate Sustainability
Cross-functional collaboration between Corporate Sustainability and other central functions
Initiatives and ratings – key memberships
What purpose do the different memberships serve?

The establishment of strategic partnerships is only one of the reasons for our respective membership in material initiatives. They also provide the opportunity to share best practices and enter an exchange with various stakeholders.

Download
FIEGE Sustainability Report 2024

Detailed information, figures and content on all fields of action can be found in the full Sustainability Report 2024.