Profit
Responsible management
Economic performance
Long-term growth instead of short-term profits - this has been Fronius' motto since its founding.
With three business units that are completely different in their areas of application, the company has a solid foundation and is therefore more resistant to crises. With durable and repairable products, we not only protect the environment, but also create added value for our customers.
This gives us a competitive edge. As a result, we are growing, and now employ almost 8,000 people worldwide.
Business ethics and compliance
In the Fronius Code of Conduct, these topics are made available internally and externally. Fronius requires all employees to act in accordance with these standards of personal and professional integrity.
Sustainable products and services
Quality awareness
At Fronius, we don't just pay lip service to quality awareness - it's a corporate value we live by. That's why we don't just double or triple check our products, we subject them to a total of 13 different endurance tests during the development phase, including an impact and drop test, a dust and salt spray test, and a test of cold behavior and service life. All tests go far beyond the standard specifications.
Long service life and repairability
“Repairing instead of throwing away” is a principle that has been firmly embedded in our DNA since the beginning of our company’s history. This is why we develop highly advanced service concepts in all areas to ensure that our products can be repaired quickly, if necessary, and to a high standard. We lay the foundation for this as early as the product development stage.
Recyclability
When selecting materials and during the product development process, we pay attention to the proportion of secondary materials used as well as the repairability and recyclability of our products at the end of their life cycle. We pay particular attention to the amount of recycled material used when selecting aluminum components, as this significantly reduces the environmental impact compared to primary aluminum.
Sustainable packaging
To protect our products from potential damage in transit and to reduce our environmental footprint, we at Fronius take care to select suitable packaging materials and reduce their use. Factors considered in terms of sustainability include the following:
- Packaging required for optimum protection of the devices and the resulting packaging volume and weight
- Potential for reusing and recycling the packaging material
- Environmental footprint of the packaging material
Research and development, innovation
The development of sustainable products and services is an important part of our sustainability strategy. Particularly important to us in reducing the ecological footprint for our product development are the
- Durability and
- Repairability & recyclability of the products,
- Material & energy efficiency in manufacturing and the
- use of sustainable components and recyclates.
„Sustainability by Design“ program
With the "Sustainability by Design" program, we are pursuing the goal of ensuring that our products are designed in an environmentally compatible way that goes beyond the legal requirements. To this end, we are developing methods and technologies to measure and reduce the ecological footprint of our products.
We take the following steps to achieve our goals:
- We generate, collect and analyze data on our products.
- We create further life cycle analyses of our products.
- We optimize product service systems in terms of sustainability and circular economy on the basis of data-based analyses.
- We cooperate with upstream and downstream companies and customers.
Life cycle analysis Tauro ECO
Following the life cycle analysis for the Fronius GEN24 Plus inverter, one has now also been prepared for the Fronius Tauro ECO, an inverter for large-scale PV systems. The results have been summarized in a white paper and are available here.
Sustainable procurement
As part of our supplier management, both new and existing suppliers are continuously evaluated, monitored and further developed using the following standardized methods:
- Supplier evaluation/qualification
- Compliance with the Code of Conduct
- Supplier Risk Monitoring
- Comprehensive assassment of logistics partners
- Supplier review/audit
- Material compliance processes
- Awareness
Suppliers (direct services): Review 2023
Percentage of new suppliers that were screened using environmental criteria: 100%.
Percentage of new suppliers that were screened using social criteria: 100%.
