We are guided by a strong commitment to compliance and ethical business practices.
We are respectful with our resources. We either avoid waste, recycle it, or process it.
We respect and value each other. Diversity and inclusion are integral aspects of our culture.
We are committed to creating a healthy and safe working environment. Our people are our most valualbe asset.
We constantly strive to reduce our GHG emissions.
The GREEN Program provides the Group-wide framework for managing environmental topics. Environmentally responsible practices are integrated into our daily operations at every level and location within the Group. We are committed to protecting the environment by continuously advancing our sustainability efforts. This includes embracing renewable energy, promoting transparency, encouraging collaboration, and evolving our business model to integrate impactful initiatives that drive meaningful change.
The environmental pillar of the SGB SMIT Group’s GREEN Program is structured around two primary focus areas: Responsibility and Net Zero.
Find out more in our Sustainability Report.
We are respectful with our resources. We either avoid waste, recycle it, or process it.
Our commitment to the circular economy
SGB-SMIT integrates circularity considerations into product design, manufacturing, lifecycle services and end-of-life support. Relevant activities include material-efficiency measures, product lifecycle assessments, maintenance, repair and refurbishment services, and support for dismantling and recycling, depending on the product and customer requirements.
We assess the environmental impact of our products.
SGB-SMIT attaches great importance to a holistic environmental assessment as a key element of product development. Through tailored designs that minimize impact while meeting customer requirements, and by leveraging our environmental analysis tool, we have significantly strengthened our ability to deliver transparency and drive optimization. These analyses are conducted in accordance with the highest standards and can be independently verified, these analyses enable precise product-level evaluations, support the continuous improvement of our solutions, and help customers make informed decisions.
We focus on energy efficiency and alternative materials.
SGB-SMIT places significant emphasis on sustainable product development as a key aspect of innovation. Through ongoing enhancements to product design and manufacturing processes, we have optimized our energy and resource consumption. Our solutions balance performance, cost, and environmental impact, supporting our customers achieve their decarbonization journey.
We provide services to refurbish and recycle transformers.
SGB-SMIT provides its customers with maintenance, refurbishment and retrofitting options to extend the life of their existing transformers. Once their transformers reach end-of-life, SGB-SMIT can also support, with the optimal recycling and the disposal methods, working in partnership with organizations that process component materials responsibly.
We minimize waste by avoiding, recycling, or processing it efficiently.
At SGB-SMIT Group, our focus is on preventing waste and reusing materials, before considering recycling or, as a last resort, processing waste. We prefer to work with suppliers who offer creative solutions such as sustainable packaging and return systems for load carriers and other packaging items. We also encourage our suppliers to minimize packaging materials.
74%
of the waste generated in 2025 was recycled.
We constantly strive to reduce our GHG emissions.
Our commitment to decarbonization
Under the Net Zero pillar of our GREEN Program, SGB-SMIT is implementing measures to reduce greenhouse gas emissions from its own operations and value chain. Key levers include energy efficiency, renewable electricity sourcing, operational electrification, low-loss transformer development, and supplier engagement on lower-carbon and recycled materials. The Group aims to achieve net zero across Scope 1, 2 and 3 emissions by 2050.
75%
of electricity sourced from renewable sources in 2025
19%
reduction in gross Scope 3 greenhouse gas emissions from 2024 to 2025, based on the recalculated 2024 baseline
SGB-SMIT plans to submit its proposed near-term greenhouse gas reduction targets to the Science Based Targets initiative (SBTi) for validation by the end of 2026. The proposed targets include reducing absolute Scope 1 and 2 emissions by 55% by 2030 compared with 2020 and reducing absolute Scope 3 emissions by 32% by 2030 compared with 2024. These targets remain subject to SBTi validation and may be revised as part of that process.
