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1、Designing a Positive FutureFY24 IMPACT REPORTIntroductionPlanetPeopleAbout this report2 CEOs Statement5 About Us7 Our Approach to Sustainability9 Design for Sustainability24 Social Impact25 Materiality Assessment 27 Stakeholder Engagement30 Climate Action39 Circularity48 Biodiversity51 Water54 Targe
2、ted Substances59 Diversity,Equity,and Inclusion 71 Digital Inclusivity79 Talent Attraction and Development89 Safety,Health,and Well-being94 Ethics99 Privacy and Security102 Supplier Development109 Human and Labor Rights113 Responsible Sourcing of Minerals118 About this Report120 Data128 Glossary and
3、 Acronyms130 EndnotesFY24 IMPACT REPORTPlanetPeopleAbout this ReportIntroduction2 CEOs Statement5 About Us7 Our Approach to Sustainability9 Design for Sustainability24 Social Impact25 Materiality Assessment 27 Stakeholder EngagementIntroduction1FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this Re
4、portIn my first six months as Logitechs CEO,I embarked on a journey of discovery.Every aspect of the Company became my classroom,from operations and product development to design and customer service.It wasnt just about understanding our processes but about connecting with our people,partners,and cu
5、stomers.One key insight I have come away with is the dedicated and pioneering work Logitech has led to address climate change and reduce inequalities.It is work I am familiar with,and passionate about,from my previous roles.I strongly believe we can all“do well by doing good.”I am pleased to share o
6、ur latest Impact Report,encapsulating where we are on our sustainability journey and pointing to the long and important road ahead.Our JourneyWe have long challenged the norms of the past to shape a more sustainable and equitable world.We have ensured this is rooted in our Company culture,through ou
7、r values of Environment and Equality.It is also expressed in our new mission to extend human potential in work and play.With the motivation for change firmly embedded atthe Company,we focus our strategic priorities on key areas of influence and impact:designing forsustainability,innovation for a cir
8、cular economy,inclusive and diverse communities,and fostering aculture of trust and respect.We have ambitious goals,including our near-term carbon reduction commitment of a 50%reduction in our Scope 3 emissions by 2030.Global frameworks shape our path forward.Thesustainability standards outlined in
9、the Responsible Business Alliance(RBA)Code of Conduct have guided us for over a decade.We hold ourselves to the industrys highest environmental,social,and governance standards with our objectives aligned with the Science-Based Target Initiative(SBTi)and the1.5C Paris Agreement.This year,SBTi validat
10、ed our greenhouse gas(GHG)reduction targets.Asaproud signatory to the United Nations GlobalCompact(UNGC),we are dedicated to Designing a Positive FutureWe have long challenged the norms of the past to shape a more sustainable and equitable world.We have ensured this is rooted in our Company culture,
11、through our values of Environment and Equality.It is also expressed in our new mission to extend human potential in work and play.2FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportWe foster a collaborative environment where everyone at Logitech is motivated to embed sustainability into the
12、ir daily operations and decision-making.”Hanneke Faber,CEOthe Sustainable Development Goals(SDGs).We reiterate our commitment to the Ten Principles of the United Nations Global Compact covering Human Rights,Labor,Environment,and Anti-Corruption.This Impact Report details our ongoing efforts to enhan
13、ce the integration of the Global Compact and its principles into our business strategy,culture,and daily operations.Designing for SustainabilityOur actions are deliberate because time is of the essence.Strengthening and scaling our competencies in designing for sustainability prioritizes absolute ca
14、rbon reductions.We aspire to design each new generation of products with a lower carbon footprint than the previous one and are seeing success.Designing with less means using fewer resources and eliminating unnecessary materials.Designing smarter means finding ways to improve performance with the in
15、novation of alternative processes and materials.Designing for progress means reducing negative impacts and elevating social impacts to improve the products customers already love.Since 2019,we have reduced our carbon footprint(Scope 1 and 2)by 58%and reduced our value chain(Scope 3)emissions by 24%,
16、compared to 2021.Designing for Sustainability,along with using renewable energy sources,is how well continue to drive our footprint down.We believe Logitechs size is an advantage.We are small enough to be agile and fast in taking action;but we are large enough to create real impact and influence oth
17、er industry partners.Prioritizing sustainable design allows us to find hidden impacts fast.Across our entire portfolio,73%of products use Next Life Plastics(recycled plastic)instead of virgin plastic.Lower-impact components and materials like optimized printed circuit boards and low-carbon aluminum
18、are used in 66 product lines.Responsibly sourced,FSC-certified paper packaging is now utilized in 19%of products,with 73%of new product launches using this paper alternative over single-use plastic packaging.Minor modifications at the individual product level amount to big changes across our portfol
19、io and operations,a total of 138,797 tons CO2e this year alone.By transitioning our portfolio to a lower product carbon footprint we are delighting consumers and helping our enterprise customers deliver on their own sustainability roadmaps.Sixty-six percent of all Logitech products now have a Produc
20、t Carbon Footprint(PCF)study complete,making it easier for enterprise technology buyers to make informed decisions about and report on the scope of their impact when outfitting personal workstations and conference rooms.People are our Heart and SoulLogitech has successfully achieved gender parity at
21、 the top of the Company.Our Leadership Team has a 50:50 male-to-female ratio,and is led by a female CEO.Moreover,our Board of Directors posts 40%female representation,including a female Board Chair.These strides towards gender equality reflect our commitment to diversity and inclusion across all org
22、anizational levels.We are also working towards narrowing the gender gap in the tech industry at large,through our work with Girls Who Code and our Women Who Master series.The innovative spirit of Logitechs people inspires us to drive more progress.By making psychological safety an integral part of o
23、ur DEI efforts,we foster a company ethos that champions inclusive leaders and encourages a work culture that focuses on fair representation and opportunities for growth at all levels.By creating safe and inclusive digitally accessible environments,we aim to make digital spaces and the opportunities
24、they present available to everyone.Examples include our partnerships with AbleGamers and the Adaptive Esports League,GLAADs Social Media Safety program,and Pensole Lewis College.IntroductionCEOs Statement 3FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportWe foster a company ethos that cham
25、pions inclusive leaders and encourages a work culture that focuses on fair representation and opportunities for growth at all levels.”A Recognition of our ActionsWe continue to be listed on The Dow Jones Sustainability Europe Index and the EcoVadis Platinum rating,which ranks us in the top 1%of sust
26、ainability-rated companies.The CDP recognized Logitech for leadership in corporate transparency and performance on climate change with an A-score and we also achieved Supplier Engagement Leader status with the CDP for the third year in a row.We continue to be rated“AAA”by MSCI representing the top 9
27、%in the global technology,hardware,and peripherals industry.We deeply understand the influence of our actions on the planet and its people.This inspires us to embrace responsibility and take accountability for our actions.We foster a collaborative environment where everyone at Logitech is motivated
28、to embed sustainability into their daily operations and decision-making.It all starts with the simple,bold mission of extending human potential and results in scaling actions that allow us to“do well by doing good.”We can grow and be a successful company by doing things that benefit both people and
29、the planet.I invite you to share comments or suggestions by emailing .Hanneke Faber,CEOAwards and RecognitionProduction Facility CertificationsSwiss Exchange ListedDJSI Europe Index ListedMSCI AAA rated1Ecovadis Platinum ratedSustainalytics“Top-rated”CompanyFTSE4Good ListedISS ESG Prime StatusGender
30、 Fair CertifiedCDP Supplier Engagement LeaderISO 14001ISO 145001ISO 9001RBA VAP Silver IntroductionCEOs Statement 4FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportLogitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working,creati
31、ng,gaming,and streaming.As a point of connection between people and the digital world,our mission is to extend human potential in work and play,ina way that is good for people and the planet.We sell our products through anumber of brands,including Logitech,Logitech G and others.Our diverse portfolio
32、 includes Gaming,Keyboards and Combos,Pointing Devices,Video Collaboration,Webcams,Tablet Accessories,and Headsets.Our Supply Chain Logitech has a hybrid operations capability that combines in-house manufacturing(including a wholly owned production facility in Suzhou,China)with third-party contract
33、manufacturers(principally in Asia).This allows us to effectively respond to rapidly changing demand,leverage economies of scale,protect intellectual property,and offer high-quality production in even the most sophisticated of products.Approximately 40%of production takes place at our Suzhou producti
34、on facility where we focus primarily on final assembly and testing.The remainder of our production is outsourced to Contract Manufacturers and Original Design Manufacturers,primarily in Asia.Our worldwide operations group manages both in-house and outsourced manufacturing,distribution centers,and su
35、pply chain and logistics networks.Our Major Suppliers2 are located around the world,in China,Taiwan,Malaysia,Switzerland,Vietnam,Mexico,and Thailand for example.We collaborate with our Tier 13 suppliers to ensure they adhere to ourstandards as well as to the RBA Code of Conduct.We work with our supp
36、liers to ensure products and manufacturing processes reflect our commitment to quality,sustainability,and compliance.Our Global ReachWe sell our products to a broad network of international customers,in the Americas,Europe,the Middle East,and Africa(EMEA)and Asia Pacific.This includes direct sales t
37、o retailers,e-tailers,enterprise customers and end user consumers through our e-commerce platform,and indirect sales to end customers through distributors.About Us5FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportLogitech International S.A.Registered Office and Holding CompanyCamasSingapor
38、eWest LakeIrvineSan Jose MilpitasHautemorgesCork MunichNijmegenLausanneSuzhouShenzhenChennaiHong KongTokyoShanghaiHsinchu Major Office4Logitech Production FacilityWE BELIEVE WE ARE AT OUR BEST WHEN WE:Prioritize Equality and Environment:We provide opportunities for everyone,irrespective of gender,ra
39、ce,religion,orsexual orientation.We strive to create equitable opportunities internally and to support the rights of underrepresented groups externally.We challenge systemic hurdles and advocate for the environment by designing for sustainability and working towards minimizing environmental impact.A
40、re Open and Ourselves:We aspire to create an environment where everyone can be their authentic selves without any pretense or restrictions.We treat one another fairly and respectfully and foster open discussions.Our focus lies in doing what is ethically right and in maintaining integrity,which inclu
41、des addressing any issues by speaking out.Are Humble but Hungry:We view humility as an integral part of our ongoing learning.We constantly learn from experience and embrace both successes and failures as fuel for development.Our eagerness for continuous improvement and to achieve more,better sets us
42、 apart from the competition.Collaborate but Challenge:Working together enables us to accomplish more.As part of this we actively seek and work with different perspectives to challenge the status quo and for the benefit of the wider Logitech community.Decide and Do:We are a Company of people who deci
43、de based on data/facts/good thinking and communicate the how and why to key stakeholders.We turn decisions into action.We dont philosophize or pontificate.We believe no one in Logitech is a pure“boss”or“executive”.We avoid creating job roles that arent hands on roles because they are suggestive of t
44、hose people who tell other people to do things,rather than engaging alongside them in the sometimes messy and granular work of getting things done.Logitechs size and agility allows every individual to take the initiative and to drive change.Our extensive portfolio and reach enable these actions to c
45、reate a global impact.Logitechs Values6FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportOur Management ApproachOur global Sustainability Team,under the leadership of our COO,and our global Social Impact Team,led by our Head of People and Culture,work together toraise awareness and to empow
46、er employees to promote sustainability.The teams regularly review sustainability proposals to assess their purpose,scope,and alignment with external factors,Company-wide commitments,and values.They also oversee the implementation of sustainability and social impact initiatives across all aspects of
47、our business.The effectiveness and impact of each of our key sustainability and social impact programs is managed by program managers and cross-functional teams from across the business.Our Sustainability Forum is an inclusive,cross-functional platform where team members and colleagues can share kno
48、wledge and insight and develop internal expertise on sustainability topics.We encourage employees to identify sustainability opportunities which can then be directed to this forum for further deliberation.We are deeply conscious of the effects ouractivities have on both the planet and on people,and
49、we encourage employees to integrate sustainability into their daily tasks and decision-making processes.Our approach to sustainability is a reflection of our values.Board OversightWe believe that full board oversight is important toensure sustainability is part of,and aligned with,ouroverall Company
50、 strategy.Our Board oversees our sustainability programs,reviews and guides strategy,oversees and guides the development of corporate targets,with our Chief Executive Officer(CEO).Sustainability is a topic at Board meetings,during which the Chief Operating Officer(COO)and Headof People and Culture p
51、resent updates and recommendations.In 2022,we introduced a sustainability scorecard aspart of our Group Management Teams annual bonus incentive plan,amounting to 10%of the overallbonus.This team includes our CEO,Chief Financial Officer,COO,and Chief Legal Officer.Our FY24 scorecard consisted of thre
52、e measures:reducing carbon emissions,labeling products for carbon impact and implementing sustainable design.Our Approach to SustainabilityAt least once a year,we review and analyze the broad landscape of sustainability mega-trends,and macro-developments that could impact our sector and activities.W
53、e identify opportunities for growth andprogram evolution for the coming year and weupdate our policy framework based on emerging developments and opportunities for improvement,and to strategically evaluate whether new policies are necessary to establish new programs and strengthen our management app
54、roach.To ascertain the effectiveness of our programs,we report on performance using established Key Performance Indicators and commission third-party audits to confirm that our management practices and performance adhere to our core commitments and to auditable standards including ISO 14001,ISO45001
55、 and ISO 9001.We also regularly benchmark our performance against industry peers and actively engage with rating agencies to gather insights and feedback regarding how our performance is perceived.This information informs our understanding of the effectiveness of our efforts and our plans for the fo
56、llowing year.Enterprise Risk Management Our multidisciplinary,company-wide Enterprise Risk Management(ERM)process provides the Board and its Audit Committee with a comprehensive view of the risks facing our business,including those relating to sustainability.Top-down and bottom-up ERM assessments ar
57、e conducted across business areas,divisions,and functions with the aim of identifying risks and opportunities.Risks are assessed in terms of the likelihood and magnitude of their potential impact onour reputation,financial situation,or capacity to meet our commitments.Risk mitigation measures arepla
58、nned,implemented,and monitored on an ongoing basis to ensure performance and alignment with our strategy and business goals.The results of these assessments are presented to the Board and its Audit Committee.7FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportOur Strategic CommitmentsWe enco
59、urage employees to collaborate in incorporating sustainability into their daily activities and decision-making processes.Committed to following recognized reporting practices,we aim to make sustainability pervasive across all our business activities.Onthis page we list the globally recognized volunt
60、ary frameworks that guide our sustainability strategy.United Nations Sustainable Development GoalsLogitech supports the advancement of the United Nations Sustainable Development Goals(U.N.SDGs)and collaborates with partners to drive sustainable progress.Our Materiality Assessment process helps us to
61、 identify the key areas of material importance to our business and stakeholders and where we need to report.Each of the material aspects that we report on has linkages to the SDG goals.Please refer to the About this Report section for the SDG Content Index.After reviewing the SDGs and aligning them
62、with our own sustainability programs,we have identified 11 goals we contribute to.United Nations Global Compact Logitech has signed the United Nations Global Compact(UNGC)which focuses on human rights,labor,environment,and anti-corruption.We pledge to integrate the UNGCs ten principles into our stra
63、tegy and actively deliver on the SDGs.In March 2024 we signed up to the UNGC Faster Forward initiative.This initiative aims to address slow progress and commit companies to moving forward faster in five key areas:Gender Equality,Climate Action,Living Wage,Water Resilience,and Finance and Investment.
64、We volunteered to focus on Gender Equality and Climate Action.Our UNGC Commitment Letter is available on our website.The RBA Code of Conduct(RBA)Logitech joined the RBA in 2007,aligning with its Code of Conduct which is tailored for the electronics industry.The Code focuses on sector priorities and
65、emerging issues and reflects global norms and practices.It undergoes annual reviews with stakeholder input to promote forward-thinking and continuous improvement.We implement these standards at our own production facility and in our supply chain through our policies,contractual agreements and audits
66、.This commitment drives both our business and sustainability strategies and informs decision-making processes.Read more in our RBA Commitment Statement.IntroductionOur Approach to Sustainability 8FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportCommitment to Design for Sustainability(DfS)O
67、ur deployment of DfS integrates sustainability as a key deliverable into every aspect of our business.What we mean by this is that we define DfS as being equally as important as the technical performance,user experience,and business viability of our products and services giving a central considerati
68、on to environmental and social impacts.Design for Sustainability Our commitment to DfS extends to every stage of product development and supply chain design across our business.Its scope ranges from minimizing the impact of materials,components,and product design to rethinking our business models fo
69、r lower impact and circular approaches.DfS is pervasive across the Company.Our DfS approach and responsibility for it are collectively shared.Every function is involved,from design through engineering to product marketing.Wedevelop tools and conduct DfS training workshopsto further enhance and sprea
70、d DfS capabilities across the business.Our aim is to encourage cross-functional collaboration and to empower and equip teams with the right tools and knowledge to innovate.Our ambition is to create aCompany-wide capability that is integral to how wethink and act.DfS is a continuous process that driv
71、es design rigor and transformative innovation and we are fully committed to the normalization of it in our business.9FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportSustainable Development GoalsWe are contributing to the following UN Sustainable Development Goals(SDGs):DfS PrinciplesOur D
72、fS Principles act as both“levers”and points of inspiration that help us transform Logitechs DfS vision into practical product innovations and features.They also serve as catalysts for broader change across our business,our supply chain,and our industry.The application of these DfS Principles within
73、Logitech involves a complex process that goes beyond surface-level considerations and incorporates multi-stakeholder collaboration andideation based on Life-Cycle Assessment(LCA)and credible data impact insights.This principle-based approach,supported by our comprehensive and advanced LCA data,helps
74、 us make better design decisions by helping us understand the environmental impacts of our products,technologies,and business models andhow to minimize them.Space is created for designers,engineers,andother stakeholders across Logitech to tapintodiverse perspectives,deep thinking,andconsiderable res
75、earch insight.Design products that lastDurable,high-quality products avoid the technical obsolescence that forces a product to be discarded and replacedCreate emotional durabilityProducts and experiences that hold their emotional value for longer are more likely to be passed on,resold or repairedGra
76、nt right to repairEmpowering consumers to extend the life of a product by simple repairClose the loopSupporting the take-back of old devices and the reuse of subassemblies,components,and materials in new designsGo beyond hardwareExploring new and innovative service models around software,servicing,l
77、easing,and upgradeChemical controlEliminating targeted substances which are harmful to health and the environmentEnable recyclabilityChoosing materials and components that are easily separated and commonly recycledChoose lower impactcomponentsSelecting high efficiency components,batteries and PCBs w
78、ith minimized weight and impactOptimize architectureDesigning for optimal technical performance with reduced weightChoose better materialsUsing lower impact materials from recycled and renewable sources,which are commonly recycledUse clean and efficient manufacturingFavoring efficient manufacturing
79、with renewable energyUse efficient distributionOptimizing product and packaging weight and avoidingair shipmentDesign low-impact packagingResponsibly sourced and efficient,with non-plastic and commonly recycled materialsEnable efficient useMaximizing the energy efficiency of our products for consume
80、rsMake a positive contributionFocusing on products that enable joyful,inclusive experiences and positively influence behaviors and attitudesIntroductionDesign for Sustainability10FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportLife-Cycle Assessment is a methodology for the systematic anal
81、ysis of the potential environmental impacts associated with a product through all stages of its life cycle.The product life cycle is divided into four stages for analysis:In the results of an LCA model,impacts can be categorized by key environmental indicators such ascarbon(climate change),human tox
82、icity,and water depletion.We have also developed internal tools that help us to baseline and assess the design ofour products with respect to circularity and are developing Social LCA capability.We adopt this holistic approach to ensure:our design decisions are informed by measurementof impacts that
83、 have social andenvironmental implications;we are elevating our consideration of planetary boundaries in how we choose and deploy our knowledge;and we understand and can avoid any unintended negative consequences that might manifest if wewere to focus on only one indicator.We use LCAs to make sustai
84、nable design decisions,and to understand the environmental impacts of those decisions.Internally,the LCAs guide our decision-making towards better choices and to driveinnovation across products,technologies andbusiness models.Externally,we use LCAs to aidtransparency in sharing the carbon impacts of
85、 our products so that our consumers and customers cantake climate action through informed choices.Wealso aim to use our LCA process and results toinspire our industry peers to join us to empower informed consumer choice.Much of our recent impact research has focused ondeveloping our LCA modeling cap
86、abilities.Thesecapabilities are continually evolving as we gainmore comprehensive and sophisticated data insights and expand our capabilities.Life-Cycle AssessmentWe use a rigorous methodology to provide a calculated estimate of each product groups carbon footprint.We seek third-party verification o
87、f carbon footprints at the product group level(groups are subsets of a product category,where the products in a group all have a similar carbon footprint).Our approach provides more transparency using verification ofan overall process footprint.Our LCA and research efforts rely on a mix of primary d
88、ata from our supply chain,secondary research from previous studies,and advanced LCA modeling techniques.The findings from these studies guide our technology advancements and design for sustainability choices.End-of-lifeSourcing and ManufacturingTransportation and StorageUseProduct Life Cycle11FY24 I
89、MPACT REPORTIntroductionPlanetPeopleAbout this ReportWhen no protocol or regulation exists to guide carbon footprints,we establish a Product Category Rule based on ISO 14000-series best practices and validated by a third-party.We make these rules available to help others increase transparency regard
90、ing their carbon footprint.In order to ensure the accuracy of our carbon calculations and meet the ISO 14067 and ISO 14044 best practice standards,we collaborated with iPoint Group,an independent third-party expert,to develop our Product Carbon Footprint(PCF)methodology.Each products PCF study also
91、undergoes an independent critical review by DEKRA.We provide an overview of our calculation methodology and more details on our Carbon Clarity webpage,and we encourage other brands to adopt this approach.We are enhancing our organizations capability in thisarea by sharing a variety of tools,expertis
92、e,and knowledge across teams.We have created internal guidelines,tools,and calculators to assist decision-making by designers,engineers,product managers,and other stakeholders throughout the design process.We have consistently improved our LCA processes and conducted our own cutting-edge research on
93、 components,materials,and processes crucial to consumer electronics,as highlighted below.We maintain collaborations with globally renowned LCA leaders to advance our capabilities by:creating specialized models for materials or components,enabling us to access high-quality assessments of specific asp
94、ects of our products;examining particular focus areas to quickly and reliably evaluate the environmental impact of emerging technologies for which LCA data might not be available;establishing protocols for better management ofLCA data obtained from our supply chain;and continuously refining our prod
95、uct life-cycle modeling approach to increase the efficiency ofour LCA capabilities.2016First adoption ofLCAsoftwareLogitech team established2020Bespoke LCA tool for Integrated Circuits2023LCAs and consumer insight studies to gain new insight and primary data for consumer use phase of B2B equipment20
96、18First product LCAs produced by Logitech2021Bespoke LCA tool for cables,batteries2024AI and Machine Learning(ML)-enabled rapid LCA2019Adoption of specialist LCA toolforpackagingPartnered with suppliers to develop bespoke LCA tool forprinted circuit boardsMetamodel for scaling our LCA capability and
97、 carbon labeling inaccordance with product category rules2022Bespoke LCA tool forcables and batteriesPartnered with suppliers to develop new insights and primary data for steel and magnetsIndustry-leading LCA CapabilitySupporting our DfS framework and Carbon LabelingIntroductionDesign for Sustainabi
98、lity12FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportOur Framework for ActionNew Product IntroductionsDfS principles and goals are an integral part of the development process for new product introductions.We work to ensure sustainability is not an afterthought it is an integral part of e
99、very design decisionCapability BuildingCircularityCarbonSocial ImpactDfS FrameworkThe design phase is when the key decisions on theproducts and experiences are made,and so it presents the most significant opportunities to reduce environmental impact.To capitalize on this,DfS is deeply integrated in
100、our new product development process.We have expanded our DfS thinking across our entire existing and future portfolio to accelerate impact reductions at scale.DfS is a key lens in designing new products,re-interrogating existing ones to continually lower their impact,and innovating new frontiers to
101、create future solutions that reduce impact even further.To do this we focus on three main areas:Existing Portfolio:Our existing portfolio of products represents the majority of our impact,so we review and refresh these products to incorporate new innovations at scale.New Product Introductions:DfS is
102、 a catalyst for innovation across the Company and we allocate significant resources and innovative thinking towardsour new product introductions.New Frontiers:With programs such as our FuturePositive Challenge,we are creating space forsustainability thought leaders and innovators toanticipate and ov
103、ercome future challenges anddrivebreakthrough innovation.Perhaps the most important aspect of our approach to sustainability is that we do not regard it as a competitive advantage.We believe that it is a shared responsibility and critical to the survival and health ofour planet.We want to help other
104、 organizations reduce their impacts and are offering to share our DfS principles and the lessons we have learned.Webelieve working towards more responsible and better-designed products,and sharing our learnings in a competitive market,will catalyze our industrys ability to scale and innovate.Togethe
105、r,we can move our industry forward.Existing PortfolioWe refresh our existing designs,materials and manufacturing methods to implement new innovations at scale and address the environmental impact of top-selling models and portfoliosNew FrontiersWe earmark specific time and resources to tackle new fr
106、ontiers of breakthrough innovation.We accelerate the development of new and innovative designs,materials,processes,and business models,with large-scale application potentialIntroductionDesign for Sustainability13FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportWe have expanded our DfS thin
107、king across our entire existing and future portfolio to accelerate impact reductions at scale.”Robert OMahony,Head of SustainabilitySustainability is Tracked at Project GatesAt the start of each project,wesetsustainability goals based onour DfS Principles.We track theseprinciples at each critical mi
108、lestone,or“gate”,of the design process.Progress against defined sustainability goals is reviewed and reported at the gates of the product development process,along with cost,schedule,andexperience.Gate 0Gate 1Gate 2Gate 3ExplorationConcept DevelopmentProduct DevelopmentCommercializationOpportunity t
109、o reduce carbon impact decreasesIntroductionDesign for Sustainability14FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportDfS FeaturesEmpowering product teams with DfS Principles often leads to visible DfS Features that benefit customers and ourcommunity at large.These features are just a sm
110、all part of the broader DfSsustainability philosophy and mindsetthatwe are endeavoring toinstillacrossour Company.Clean ManufacturingManufacturing by factories that purchase renewable electricity and operate in accordance with a code ofconduct,to avoid adverse impacts on people and the planet and en
111、sureresponsible management ofresources and wasteResponsible PackagingAvoiding single-use plastic and using recycled content and recyclable materials,with responsible sourcing of paperRecycled FabricsUsing recycled fabric where possible,in our newest designsPVC-free CablesEliminating PVC cables,to tr
112、ansition to better materialsRecycled PlasticsMade with post-consumer recycled plastic from end-of-life electronics,to give plastics a second lifeOptimized PCBOptimizing the shape and size ofthe PCB,to reduce carbon footprint.Exploring recycled copper and gold and additive manufacturingRecycled Alumi
113、numUsing recycled aluminum toreduce our carbon impactLow carbon aluminumUsing aluminum produced with renewable energy,forlower carbon impactSmart Battery EfficiencyIncorporating smart features tolower battery consumption and optimize product use Nicolas Thomas15FY24 IMPACT REPORTIntroductionPlanetPe
114、opleAbout this ReportBuilding Capabilities in DfSDfS is at the core of Logitechs values and business and we want our DfS Principles to influence everything we do.During FY24 we initiated a number of projects and activities to build DfS capabilities and propagate this growth.To share DfS expertise an
115、d best practice,we are creating an internal resource to support product development functions in integrating DfS best practices.The intention is to create centralized,simple,and actionable information that our design,engineering,and marketing teams can use to drive DfS advancements at a product leve
116、l.The content includes DfS FAQs and case studies as well as carbon footprint and circular design estimation tools.We have also developed several internal tools built on DfS Principles such as a Circularity Assessment Tool that scores the circularity of our products by evaluating their circular desig
117、n attributes.Our Carbon Impact Calculator provides teams with an early estimate of the carbon impact of competing design directions and can be used at any point in the design development process.Itenables design teams to quickly assess product architectures and make decisions that enhance aproducts
118、environmental performance.DfS Product Development ToolkitWe have developed a“hands-on”DfS product development toolkit that aims to re-create thedynamics of DfS decision-making in product development.It is an immersive learning tool that takes the formof a challenge.Participants are split into twotea
119、ms.Each team assigns each participant a particular product development role,such as a designer.The activity is split into two phases:1.The teams are educated on how a computer mouses carbon footprint is distributed across various components and life-cycle phases.2.The teams are each challenged to re
120、duce the carbon footprint of the existing design by implementing various DfS features.The teams that implement specific DfS features are rewarded positively.This toolkit has proven to be a powerful DfS educational tool and has been used by the product development teams and other business functions.D
121、fS PlaybookWe have developed a playbook that gives equal consideration to sustainable design alongside cost,user experience,and schedule to market when transforming or building a concept or workstream in the Company.We focus on designing a better version of what we have,whether its a product,process
122、,service,capability,or supply chain.DfS extends beyondthis and is,therefore,integral to building capabilities across each aspect of the business.DfS in ActionFrom climate action to circularity to packaging toend-of-life,our DfS principles and ways ofworking are delivering outcomes across a spectrum
123、of environmental and social topics.Throughout the next few pages and remainder of this report,we have provided case studies andexamples of DfSaction.16FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportOptimized PCBEmissions reductionWave KeysWave Keys is part of the Ergo Series of products.
124、A wireless ergonomic keyboard with a cushioned palm rest,for natural,feel-good typing throughout the day.Wireless ergonomic keyboardcarbon footprint reduction6avoided per 100k units637%310 tCOeCarbon ReductionCASE STUDYClean manufacturingRecycled plasticsResponsible packagingDfS FeaturesDesign for S
125、ustainability Better materials:plastic parts madewith post-consumer recycled plastic 61%for graphite,46%for off-white.5 Lower impact components:the design of the PCB layout was modified to reduce the overall size by 50%with an associated reduction in manufacturing waste potential and carbon impact.O
126、ptimized architecture:compact design to achieve a weight reduction of c.320g.6 Low-impact packaging:paper packaging is responsibly sourced from FSC-certified forests and other controlled sources.Clean and efficient manufacturing:we purchase renewable electricity to match the electricity footprint of
127、 our own production facility and we help our biggest suppliers to do the same.17FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportClean manufacturingPVC-free cablesLow-carbon aluminumRecycled plasticsResponsible packagingDfS Features18FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this Rep
128、ortZone Wireless 2Design for Sustainability Better materials:plastic parts made with post-consumer recycledplastic 20%for graphite,off-white and rose.5 PVC-free cables.Low carbon aluminum manufacturedwith renewable energy.Products that last:get more life out of Zone Wireless 2 with a replaceable bat
129、tery and earpads.Clean and efficient manufacturing:we purchase renewable electricity certificates to match the electricity footprint of our own production facility and we help our biggest suppliers to do the same.Low-impact packaging:paper packaging is responsibly sourced from FSC-certified forests
130、and other controlled sources.AI-powered headset for two-way noise-free callsavoided per 100k units711.1 tCOeCarbon ReductionCASE STUDYClean manufacturingRecycled plasticsResponsible packagingDfS Features19FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportEmissions reductionCasa Pop-Up DeskD
131、esign for Sustainability Optimized architecture:optimized for rigidity and weight,to reduce the carbon impact of the design.8 Better materials:plastic parts made with post-consumer recycled plastics 82%for the touchpad,62%for the keyboard and 49%for the book.5 Efficient distribution:lightweighting e
132、nables more energy efficient distribution.Low impact packaging:Single-piece,front-opening pizza box design with innovative wraps applied in critical areas to deliver a friction-free structure and pleasant unboxing experience.Near-zero plastic packaging.10 Paper-based tissue wrap of optimal thickness
133、 to eliminate the need for a tray,while still ensuring safe and reliable shipping.Pallet optimization:the elimination of the tray and the pizza box design allowed for 20%more product per pallet,compared to the unassembled/tray version.Overall:25%reduction in carbon impact(compared to using the unass
134、embled/tray version).Paper packaging is responsibly sourced from FSC-certified forests and other controlled sources.Casa has all you need to work from home in one compact kit,with a wireless keyboard,wireless touchpad and a book-like case that transforms into a laptop stand.Foldaway kit with laptop
135、stand,keyboard,touchpad and storagecarbon footprint reduction8avoided per 100k units834%517 tCOeCASE STUDYCarbon ReductionLiftMaking a positive contribution Designed in the Logi Ergo Lab,for comfort and well-being at the desk.Aleft-handed version and thoughtful consideration of product size,button p
136、lacement,and color address the needs of underserved audiences.A vertical design puts the users wrist in a more natural position (e.g.“handshake-like”position).Vertical ergonomic mouseCASE STUDYDfS FeaturesClean manufacturingRecycled plasticsResponsible packagingOptimized PCB20FY24 IMPACT REPORTIntro
137、ductionPlanetPeopleAbout this ReportEmissions reductionreduction in carbon footprint11avoided carbon per 100k units820%53 tCOeCarbon ReductionDesign for Sustainability Better materials:plastic parts made with post-consumer recycled plastic 70%for graphite and 54%for off-white and rose.12 Lower impac
138、t components:PCB optimization to reduce the overall size of the main PCB by an estimated 32%,with associated reductions in manufacturing waste potential and carbon impact.Low-impact packaging:near-zero plastic packaging toenable curb-side recycling.13 Paper packaging is responsibly sourced from FSCT
139、Mcertified forests and other controlled sources.Clean and efficient manufacturing:we purchase renewable electricity to match the electricity footprint of our own production facility and wehelp our biggest suppliers todo the same.Clean manufacturingRecycled fabricsPVC-free cablesRecycled plasticsResp
140、onsible packagingLogitech G Yeti OrbDfS Improvement and Impact Better materials:plastic parts made with post-consumer recycled plastic 74%for black,61%for off-white.14 This includes 100%post-consumer recycled fabric.This product is PVC-free.Low-impact packaging:pulp-paper protection instead of tradi
141、tional materials like styrofoam.Paper packaging is responsibly sourced from FSC-certified forests and other controlled sources.Clean and efficient manufacturing:we purchase renewable electricity to match the electricity footprint of our own production facility and we help ourbiggest suppliers to do
142、the same.avoided per 100k units718.5 tCOeOur DfS efforts have resulted in the creation of a product with significantly lower impacts across its life cycle.Premium gaming microphoneCASE STUDYDfS FeaturesCarbon Reduction21FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportFY24 IMPACT REPORTInt
143、roductionPlanetPeopleAbout this Report22ThenNow Plastic parts(hardware)made from 54%post-consumer recycled plastic15 Redesign of our acoustics module to replace the PCB terminal with metal plates to reduce the need for additional PCB components Simpler paper box design with 31%reduction in overall s
144、ize Near-zero plastic to enable curbside recycling13 FSCTM-certified paper packaging Plastic parts(hardware):100%virgin plastic Acoustics module with small PCB on the driver Virgin plastic packaging Traditional,complex clamshell design with six components and significant void space Virgin paperCASE
145、STUDYH390 HeadsetUSB computer headset4.78 kg CO2e5.35 kg CO2e1122335423FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportCASE STUDYPebble Keys 2BeforeAfter1.PE Plastic Bag2.Corrugated Insert3.Number of packaging components:31.Paper wrap2.FSC-certified3.Soy ink printing4.No insert5.Number of
146、 packaging components:26.Reduced weight7.Near-zero plastic packaging17Keyboard packagingWith a new and innovative design,weeliminated the need for a traditional protective plastic bag solution and developed a paper-based alternative wrap,which uplevels the unboxing experience for the consumer,while
147、alsodriving forward with our single-useplastics policy.This packaging was received well by consumers and is a fitting companion for the Pebble Keys keyboard itself,which has plastic parts with 64%recycled plastic.16 Jason GoodmanSocial ImpactOur Social Impact strategy is based on three key pillars:C
148、ulture,Community,and Customer.We encourage collaborative discussions between our teams,to foster engagement and innovation onSocial Impact topics.These range from functional and leadership sessions to cross-business group forums.Our mission is to be a model for an inclusive culture and to join toget
149、her with others to drive big change.To guide our decisions about where we take a publicstance on social issues,we have an internal engagement framework.This helps us to determine whether we speak publicly and give our support to asocial issue,whether we take business action on it,whether we encourag
150、e employees to donate to it,or whether we engage our partners to address the issue.Our Social Impact program is managed by the Community and Advocacy group,a diverse,global team of experts specializing in diversity,equity,and inclusion(DEI)and Community Relations.This team collaborates closely with
151、DEI champions,employee resource groups(ERGs),and various functional teams throughout the organization to ensure alignment with our values and purpose,to encourage cooperation,and to facilitate visibility and reporting of our impact.CultureCultivating a company culture that promotesinclusive leaders
152、and ensures team collaboration,innovation,and excellence through promoting an environment where employees feel like they belong.Empowering our culture by contributing to the causes wehave personal passions for.CommunityEnabling and supporting our underrepresented employees and communities by fosteri
153、ng visibility,capability,community and access for people who come from underserved backgrounds and communities.Creating opportunities to join with other Logitech people to give back to the communities where we live and work.CustomerChanging the way we do business.Continuously reviewing and improving
154、 Logitech processes/programs to better connect with stakeholders(customers,employees,and partners)and be more inclusive in serving a wide range of people.Leveraging the skills and products that ourpeople and Company have to offer.Our Social Impact StrategyTogether we can drive big change.We enable p
155、eople to design more fulfilling lives and a better planet.24FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportMateriality AssessmentWe focus on the sustainability issues that really matter.Our materiality assessment process helps us prioritize reporting on the topics that represent our most
156、 significant impacts on people and the planet.In FY24,we carried out our first double materiality assessment(DMA).DMA expands the traditional understanding of materiality in sustainability reporting by considering a companys impacts onpeople and the planet(“inside-out environmental and social impact
157、s”)and the external environmental and social factors that influence a company(“outside-in financial risks and opportunities”).TheDMA framework was introduced to recognize thereciprocal relationship between companies and their external environment and acknowledge the fact that a companys sustainabili
158、ty performance and management of external environmental and social risks can significantly affect its financial performance,reputation,and resilience.By embracing the principle of double materiality,we believe we can better assess and disclose both our impacts on the external world and the impacts o
159、f the external world on our operations.To progress our DMA,we evaluated the potential impact and relevance of various environmental and social dimensions,using the European Sustainability Reporting Standards(ESRS).We also assessed financial risks and opportunities associated with environmental and s
160、ocial factors that are relevant to our business.The results of our DMA are summarized in the following tables.Environmental and Social AssessmentESRS TOPIC/SUBTOPICMATERIALITY ASSESSMENTREAD MORE ABOUT OUR APPROACHClimate change mitigation and energyIn Logitechs industry,manufacturing processes cons
161、ume a significant amount of energy fromfossil fuels,leading to the creation of greenhouse gasses.Use of electronic products by end users consumes a low to moderate amount of energy,partlyin the form of fossil fuels,leading to the creation of greenhouse gasses.HClimate ActionWater withdrawal and disc
162、hargeWithdrawal:Logitechs industry typically demands significant water usage during the manufacturing phase and in the supply chain.Discharge:Logitechs industry typically creates large amounts of industrial wastewater potentially containing heavy metals.HWaterCircular economyResource inflows:Electro
163、nic products have high material inflow compared to product lifespanand may contain critical raw materials and can produce e-waste.MCircularityPlastics(including microplastics)Plastic is commonly used in electronic products.If disposed of incorrectly,it can cause plasticpollution around disposal site
164、s.MCircularityPollution of water and soil(e-waste)Electronic products become e-waste at end-of-life and,if disposed incorrectly,can pollute water,soil and living organisms.MCircularityWaterPollution:substances of concernCertain regulated substances of concern are found in electronic products and,if
165、not managed correctly,can cause environmental pollution.MTargeted SubstancesBiodiversityLogitechs industry can be associated with impact drivers of biodiversity loss,including climate change,pollution and land-use change.MBiodiversity25FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportBy em
166、bracing the principle of double materiality,we believe we can better assess and disclose both our impacts on the external world and the impacts of the external world on our operations.”Financial AssessmentTOPICMATERIALITY ASSESSMENTREAD MORE ABOUT OUR APPROACHBusiness conductIf our representatives o
167、r key individuals display or tolerate unethical or illegal behavior,including corrupt practices,this could have legal and financial implications and could lead to material reputational damage.EthicsPrivacy and securityData breaches,cyberattacks,third-party vulnerabilities or other threats leading to
168、 disruption ofoperations,loss of confidentiality and customer trust,as well as potential regulatory fines,financial losses,and reputational damage.Privacy andSecurityDiverse talentFailure to attract and retain a diverse range of talent could diminish our potential to understand the perspective of ou
169、r diverse customer base and create inclusive products.Diversity,Equity,and InclusionDigital InclusivityClimate changeOperating expense risks could arise,including increased costs associated with transitioning to renewable energy sources and low-carbon or more circular materials,technologies,and ways
170、 ofworking.Climate ActionDesign for SustainabilityCircularityNatural resourcesWater scarcity or pollution of natural resources affects production processes and causes supply chain disruptions from shortages or price fluctuations.WaterBiodiversitySustainability commitmentsA decrease in demand for pro
171、ducts and services could occur due to consumers becoming increasingly averse to negative impacts,lack of progress,or inauthentic sustainability efforts.Climate ActionOur Strategic CommitmentsESRS TOPIC/SUBTOPICMATERIALITY ASSESSMENTREAD MORE ABOUT OUR APPROACHWork-related rights:child labor,forced l
172、abor,working time,adequate wages,social dialogue,freedom of association,collective bargainingLogitechs industry faces challenges in relation to these issues due to the nature and typical location of industry supply chains.MHuman Rights andLaborHealth and safetyLogitechs industry faces challenges in
173、relation to these issues due to the nature and typical location of industry supply chains.MSafety,Health,and Well-beingEqual treatment and opportunity for all:training and skills development,gender equality and equal pay,diversity.Logitechs industry faces challenges in relation to gender and other d
174、iversity factors.MDiversity,Equity,and InclusionTalent Attraction and RetentionSocial inclusionLogitechs industry faces challenges in relation to access to products and services.MDigital InclusivityInformation-related impactsAppropriate management of information or data by Logitechs industry could l
175、ead to impacts forconsumers and end users.MPrivacy andSecurityPersonal safetyCertain regulated substances of concern are found in electronic products and,if not managed correctly,could impact consumer and end user safety.MTargeted SubstancesBusiness conduct:protection of whistle-blowers,supplier man
176、agement,corruption and briberyLogitechs industry faces challenges in relation to these issues due to the nature and typical location of industry supply chains.MEthicsEnvironmental and Social Assessment continuedIntroductionMateriality Assessment26FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this
177、ReportWe believe business success begins withcollaborative relationships inside andoutside Logitech.Collaboration is keytocreating shared value that builds amoreinclusive and equitable society.Weengage openly with our stakeholders and work to anticipate and respond to stakeholder needs.Transparency
178、and engagement in all aspects of business align with our Company culture of being open and ourselves,and collaborative in our way ofworking.We foster working environments where perspectives,experiences,and insights can be shared,to help us understand stakeholder needs and continually evolve and impr
179、ove.We gain valuable insight through regular engagement with stakeholders.These engagements build our collective understanding of the challenges facing people and the planet,as well as helping us to identify and prioritize our material issues and provide insights into emerging opportunities.Who We E
180、ngageFor the purpose of reporting,we cluster our stakeholders into six broadly recognized stakeholder groups.These groups comprise groups and individuals that meet one or more of the above attributes and can reasonably be expected to be impacted by our activities,products,and services,or to take act
181、ions that affect our ability to implement strategy and achieve objectives successfully.Customers:Our direct and indirect customers include retailers,e-tailers,and end consumers through our e-commerce platform and indirect sales to end customers(end users)through distributors.Deep engagement with cus
182、tomers and consumers is critical to understanding and anticipating stakeholder needs and executing on our Company mission.Employees:Our employees develop and implement sustainability programs and are the driving force behind our innovation and success.Regulators and Policy Makers:Many aspects of our
183、 activities and business are regulated worldwide.We engage with regulators on regulatory matters and when fulfilling our regulatory reporting obligations.As part of this stakeholder group,wealso consider public policy makers.Stakeholder Engagement Shareholders:We value open and meaningful engagement
184、 with our shareholders.We also engage with rating agencies and advisors whowork on behalf of existing and potential shareholders because they offer valuable insightinto the views of the investor communitymore broadly.Special Interest Groups:Special interest groupsmay include nonprofits,nongovernment
185、al organizations(NGOs),and other groups with aparticular interest in certain aspects of sustainability performance.These groups help to define good practice standards and communicate stakeholder expectations for our industry.Their input can catalyze and inform decision-making.Our Industry:We work cl
186、osely with suppliers to innovate in manufacturing,develop new designs,and establish and advocate for responsible supply chains.Many of our sustainability programs and targets rely on supplier innovation and support.Wealso consider peer companies as part of this group.We engage with peer companies to
187、 share thought leadership and advocate for positive change and sustainability action across our industry.Other business partners and value chainpartners are also considered part of this stakeholder group.For programs like circularity andclimate action,full value chain activation andengagement are ne
188、eded.27FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportStakeholder InterestsFrom our discussions with stakeholders,we recognize the following sustainability topics of interest for each of our stakeholder groups.Customers Product performance and technical features Logitechs unique selling
189、points,with respect to sustainability Product sustainability(design features)Packaging sustainability(materials)Hazardous materials compliance(RoHS,REACH)Conflict minerals Climate action and carbon targets E-waste recycling and trade-in for reuse Supply chain transparency and responsible manufacturi
190、ng Durability,repairability,and spare parts Product energy efficiency and carbon footprint Diversity,equity,and inclusionShareholders Financial performance Preparedness for upcoming reporting regulations Corporate governance,including supply chain management Greenhouse gas reporting Talent attractio
191、n and retentionRegulators and Policy-makers Ecodesign Environmental claims,greenwashing,and product sustainability information Regulatory reporting Circular economy,repairability,and recycling information Conflict minerals Hazardous substances(RoHS,REACH)Employees Company strategy and priorities;vis
192、ion and values Company commitment to social and environmental issues Development opportunities and career advancement Well-being(work/life balance)Corporate and employee philanthropy and volunteering Employee benefit and compensation offeringsSpecial Interest Groups Human rights due diligence Supply
193、 chain management Sustainability performance at our production facility Digital inclusion Worker safety,health,and well-beingOur Industry E-waste Supply chain management Innovation and co-development of solutions Hazardous substances(RoHS,REACH)Product take-back and circular supply chainsIntroductio
194、nStakeholder Engagement28FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportPlanet30 Climate Action39 Circularity48 Biodiversity51 Water54 Targeted Substances29FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportClimate change caused by human activity is one of the biggest challenges
195、of our generation.The scale of change demands collective action.In our 2019 Climate Pledge,we pledged to support the Paris Agreements goal of limiting global warming to 1.5C well before 2050.In 2023,our science-based targets were validated by the Science Based Targets initiative(SBTi).Climate Action
196、 Markus Spiske30FY24 IMPACT REPORTSustainable Development GoalsIntroductionPlanetPeopleAbout this ReportNear-term TargetsFY24 Progress85%reduction of Scope 1 and 2 emissions by 2030 compared to a 2019 base year.58%of target100%renewable electricity(RE)in our own business by 2030 by purchasing renewa
197、ble electricity to match our electricity demand.94%of target50%reduction in our Scope 3 emissions by 2030 compared to a 2021 base year.24%of targetLong-term Net Zero Target18FY24 Progress90%reduction of our Scope 1,2,and 3 emissions by 2047 compared to a 2021 base year,with the removal of any residu
198、al emissions to achieve net zero.24%of targetClimate Action Shayd JohnsonOur Science-based Targets31FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportTo achieve our Climate Pledge and carbon reduction targets,we Design for Sustainability and prioritize absolute carbon reduction across our b
199、usiness and operations.Over thepast few years,we have intensified our carbon reduction programs expanding our efforts across our Company and portfolio.Our goal is to design each new generation ofproducts with a lower carbon footprint than the previous one.Where we cannot achieve absolute reductions
200、in carbon impact,were transitioning our manufacturing and supply chain to use renewable energy sources.This includes energizing our value chain by developing on-site renewables,partnering with utilities providers,and obtaining Energy Attribute Certificates.We believe that carbon should be treated li
201、ke calorie awareness,and that everyone should be aware of what theyre consuming.We accept responsibility forthe full life-cycle impact of our products and advocate for consumer and industry action to recognize carbon impact and the effects of climate change.Being transparent about our carbon impact
202、encourages better design decisions within our teams,and informed purchasing decisions among our consumers.We work to support greater carbon transparency across our industry by sharing our knowledge,empowering others to take similar stepstowards carbon clarity and encouraging othercompanies to join u
203、s in our approach.Our business models will continue to evolve as wework to eliminate waste and to extend the life ofproducts by embracing recycled materials,andcreating new low-carbon consumer offerings.Climate ActionManagement Approach13.98 kg CO2e32FY24 IMPACT REPORTIntroductionPlanetPeopleAbout t
204、his ReportOur Own OperationsScope 1 and 2 greenhouse gas(GHG)emissions quantify thecarbon impact of a companys own operations.For Logitech,this means our production facility andoffices.Our Scope 1 and 2 emissions constitute less than 1%of our corporate carbon footprint.Despite this small percentage
205、we actively address these emissions to demonstrate leadership and accountability,meet stakeholder expectations,manage risk,and foster innovation.Solar Power at Our Production Facility in Suzhou,ChinaIn 2023,we partnered with a green utility vendor toinstall 1,200 solar panels across the roof of them
206、ain building at Logitechs factory in Suzhou,China.These panels became operational in November 2023.Impact:The installed capacity of the solar panels is 680kW(maximum peak power)and the panels have the potential to generate 700 MW/year equivalent to 3-5%of the electricity demand ofthe main building O
207、ver the 20-year design life expectancy,the average annual carbon saving of the panels isestimated to be 398 tCO2 per annum21 The installation includes a dashboard that canbe used to monitor the energy demand andconsumption of individual devices in the system in real time,verify the daily,monthly and
208、cumulative power generation,and identifyopportunities to drive improved energymanagement For the remainder of power used at our production facility,we purchase renewable electricity certificates to match our electricity consumption since renewable electricity utility contracts are not yet availablei
209、n the regionOur own manufacturing operations comprise oneproduction facility in Suzhou China,where approximately 40%of our products are assembled and tested.Our current facility was established in 2005 and has achieved ISO 14001 certification year on year since 1999.Were committed to continually imp
210、roving our environmental performance with astrong focus on energy efficiency and have implemented several energy efficiency programs overthe years.Our target is to achieve 100%renewable electricity(RE)in our production facility and Major Offices4 by 2030.In 2023,a number of our Major Offices had gre
211、en utility contracts or used electricity certificates for their electricity demand.We addressed our Major Offices19,except Taiwan.Due to the limited andcostly supply of renewable electricity in Taiwan,we didnt make purchases there and are waiting foramore accessible and cost effective solution.In ot
212、her office locations,we have achieved our REgoalsand addressed our impact.Across the globe,we have matched 94%of ourelectricity footprint20 with direct and indirect renewable electricity purchases.We continue to be recognized as a Green Power Partner by the United States Environmental Protection Age
213、ncy(EPA)for matching the electricity footprint of our largest offices in the U.S.with renewable electricity purchases.Scope 1 and 299%Climate ActionKey Programs33FY24 IMPACT REPORTOur Carbon FootprintIntroductionPlanetPeopleAbout this Reportsimulation devices,and room video conferencing equipment.We
214、 have evolved our model to reflect the new insights from these studies We refined our methodology for modeling the carbon impact of our refurbished second-life products We updated our distribution model to reflect the latest emission factors from the Global Logistics Emissions Council(GLEC)The major
215、ity of our Scope 3 emissions come from the sourcing and manufacture ofmaterials,components andLogitech products(59%).Otherimportant sources of impact include the emissions associated with the Consumer Use phase(26%).Distribution(6%)and End-of-life(4%).Sourcing andManufacturing 1.Purchased good and s
216、ervices2.Capital Goods3.Fuel and energy related activities(not included in Scopes 1 or 2)5.Waste generated in operationsDistribution4.Upstream transportation and distribution9.Downstream transportation and distributionConsumer Use11.Use of sold productsEnd-of-life12.End-of-life treatment of sold pro
217、ductsOther2.Capital goods6.Business travel7.Employee commuting59%6%26%4%4%Beyond Our OperationsScope 3 GHG emissions quantify thecarbon impact of a companys entire value chain,including material sourcing,supply chain manufacturing,distribution,consumer use,end-of-life product treatment,and ancillary
218、 activities.More than 99%of our corporate carbon footprint comprises Scope 3 GHG emissions.Wehave SBTi-validated targets to reduce those emissions by half,by 2030.As a products company,were acutely aware of the life-cycle impact of our products.The majority of ourScope 3 emissions come from the four
219、 life-cycle stages of our products,which correspond to eight ofthe 14 Greenhouse Gas Protocol categories,asshown on the graphic on the right.We maintain a live and dynamic model of our carbon impact and our model is updated regularly with new information and insights as they arise.For example,inthe
220、last year,new insights in the following areas have significantly changed how we model and understand the carbon impact of our products.We conducted several life-cycle assessments and user engagements to thoroughly examine the usephase of our headsets,webcams,gaming simulation devices,and room video
221、conferencing equipment.We have evolved our model to reflect the new insights from these studies We conducted several life-cycle assessments and user engagements to thoroughly examine the usephase of our headsets,webcams,gaming Climate ActionKey ProgramsWe continually evaluate our carbon model and re
222、duction pathways.We are conscious of our contribution to climate action and the evolving role of the voluntary carbon market.For CY23,we purchased carbon offsets and removals to neutralize the Scope 1,2,and 3 GHG emissions that we could not otherwise address through DfS and the use of renewable ener
223、gy.As we continue to expand our DfS capabilities,we regularly review how to accelerate our efforts to deliver even broader reductions that complement science-based strategies and cross-industry collective momentum towards 2030 absolute reduction targets and net zero.34FY24 IMPACT REPORTOur Greenhous
224、e Gas Footprint,beyond our Operations(Scope 3 emissions)IntroductionPlanetPeopleAbout this ReportWe have a mature Design for Sustainability program that explores and accelerates our transition to low-carbon alternative materials and designs,aiming toavoid and reduce the absolute carbon impact ofour
225、products and portfolio.Next Life PlasticsWe have incorporated post-consumer recycled plastic into a wide range of our products,giving end-of-life plastic a second life and helping to reduce their carbon footprint.Our capability has grown rapidly through partnerships with resin suppliers and molders
226、to explore and develop new,stronger resins in a range of colors and grades.This has expanded our supply chain as well as refining molding processes.Recycled plastic is now used at scale across Logitech,and is contributing meaningfully to our carbon reduction efforts.In 2023,we estimate that our use
227、of Next LifePlastics eliminated over 25,000 tCO2.30 For more information on this program,see Next Life Plastics.Low-carbon AluminumManufacturing aluminum is a carbon-intensive process because most smelters use traditional fossil fuels and require large quantities of heat and energy.To reduce this im
228、pact,low-carbon aluminum is produced in smelters using renewable energy such ashydropower.As of March 2024,we are using low-carbon aluminum in 66 product lines.23 We estimate this has eliminated more than 13,000 tCO2.22 Our longer-term goal is to completely eliminate traditional virgin aluminum from
229、 our portfolio by expanding our use of low-carbon aluminum,post-consumer recycled(PCR)aluminum,and exploring near zero24 and post-industrial recycled(PIR)aluminum options.Material scientists and supply chain specialists across Logitech are collaborating with our suppliers to discover,explore,and eva
230、luate the best ways to achieve this goal.In FY24,Logitech joined the First Movers Coalition Aluminum Working Group,a UNGC initiative.CASE STUDYMX Brio and MX Brio 705 for BusinessDesign For Sustainability Better materials:low carbon aluminum made from renewable energy with plastic parts made from re
231、cycled plastic 82%for black and graphite and 75%for pale grey.5 PVC-free cables.65%recycled aluminum heat sink.Low impact packaging:paper packaging from FSC-certified forests and other controlled sources.Clean manufacturing:we purchase renewable electricity certificates to match the electricity foot
232、print of our own production facility and we help our biggest suppliers to do the same.Carbon Reduction148 tCOeavoided per 100k units8Climate ActionKey Programs35FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportLow-carbon aluminumUsing low-carbon aluminum at scale to lower our carbon impact
233、.The current Logitech line up includes:66 product lineswith low-carbon aluminum23These low-carbon aluminum products saved:13,000+tCO2ein calendar year 2023Our low-carbon aluminum products include:GamingG913 LightspeedG815G413G413 TKLG813G715G713G512G915Personal WorkspaceSignature Slim K950MX Keys Mi
234、niMX Mechanical MiniK835 TKL MechanicalErgo K860GamingG920G923GamingPro X Gaming HeadsetA10B2BSightMX Brio 705 for BusinessRally Bar HuddlePersonal Workspace MX BrioPersonal WorkspaceCombo TouchLogitech CrayonSlim FolioKeyboardsHeadsetsTablet AccessoriesRacing WheelsConference cams and webcamsClimat
235、e ActionKey Programs36FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportActivating our Suppliers We collaborate with our suppliers to carry out annual surveys,allowing us to understand and evaluate theirelectricity usage.We also share methodologies for modeling carbon impact.We offer our su
236、ppliers awareness-raising sessions,information blasts,andFAQs to encourage them to join the Renewable Electricity Buyers Club.Through this club,suppliers can access high-quality,third-party certified renewable electricity instruments to reduce their Scope 2 emissions.In 2023,suppliers and Logitech p
237、urchased renewable electricity instruments to address almost 80,000 tCO2 of supply chain GHG emissions.Carbon Clarity We believe that carbon is the new calorie;everyone should know what theyre consuming.Like nutritional labels on food packaging,Carbon Impact Labels help consumers make informed purch
238、asing decisions by considering the carbon impact of their purchases.These labels also help us remain accountable to our climate action goals and reduce the footprint of our product portfolio through Design for Sustainability.We believe we have initiated an industry-first CarbonClarity commitment by
239、pledging to provide aCarbon Impact Label across our entire portfolio by2025.Our goal is to form an alliance of brands tostandardize carbon labeling,allowing for better product comparisons and making impact reduction acompetitive factor in our industry.As of March 2024,66%of Logitech products hada th
240、ird-party reviewed Product Carbon Footprint study and we are on track to achieveour 2025 goal.25Printed Circuit Board OptimizationPrinted circuit boards are a critical technology for us,but their manufacturing process is energy-intensive,making them an environmental hotspot.Towards the end of 2020,w
241、e initiated a study to evaluate the carbon impact of our PCB panel designs.We developed a carbon model using primary data from our PCB suppliers.This helped usto explore opportunities for carbon reduction and to modify ourdesigns to achieve these reductions.The relevant changes were implemented duri
242、ng 2021and 2022,and the knowledge gained is now incorporated into updated PCB design guidelines.These updates helped us eliminate more than 2,600tCO2 in 2023.22Other Design ChangesIn the last year,a number of other design changes and improvements have been implemented across new product introduction
243、s as we scale up our DfS capabilities across the company.We continue to develop our modeling techniques to capture the carbon impact of these changes and enable reporting in the future.Supplier Engagement LeaderFor two years in a row,Logitech Europe S.A.was named by CDP as a Supplier Engagement Lead
244、er for our actions and strategies to reduce emissions in our supply chain.Carbon Savings in CY232225,066 tCO2eNext Life Plastics13,049 tCO2eLow Carbon Aluminum2,647 tCO2ePCB OptimizationClimate ActionKey Programs37FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportProduct Carbon FootprintsA
245、carbon footprint is measured in kilograms of CO2e.To fully measure a products impact you need to consider the whole lifecycle from the moment raw materials are sourced right through to the end-of-life of a product.of our product portfolio has completed a Product Carbon Footprint study25Climate Actio
246、nKey Programs42%FY2317%FY224%FY2138FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportOur ambition is to reduce waste and to extend the life of products,components,and materials.We want to empower consumers with simple and convenient ways to give products,components,and materials a next life
247、,and to contribute toamore circular world.We believe moreneeds to be done by brands and by broadervalue chains to make circularity acore business imperative.Circularity39FY24 IMPACT REPORTSustainable Development GoalsIntroductionPlanetPeopleAbout this ReportWe adopt a full life-cycle approach and co
248、nsider how we can reduce waste and extend the life of our products,from design,sourcing,and manufacture,through to second life and other circular solutions.Reducing WasteWe want to reduce waste at every stage of the product development process.To achieve this,werefocusing on the following strategies
249、:Circular design:This approach involves designing products with their entire life cycle in mind,ensuring that they can be easily disassembled,repaired,or recycled,thereby extending their usability and minimizing waste Circular materials:We prioritize the use of renewable26 and recycled materials tha
250、t can be reintroduced into the production cycle,reducing the need for virgin resources and lowering environmental impact Circular manufacturing:This method aims to optimize manufacturing processes to minimize waste,energy use,and emissions.It promotes environmentally friendly practices,advanced tech
251、nologies,and responsible labor management to create a sustainable and efficient manufacturingsystemExtending LifeWe are exploring and developing new business models to support the extended lifetime of electronic products,components,and materials.To achieve this,were focusing on the following strateg
252、ies:Offering software and services:We provide software and services that enhance both ourhardware and our customer experiences,ensuringprolonged usability and value Extending product life:We design durable,energy-efficient products and offer repair services,secondary market sales,and product donatio
253、n programs to maximize product longevity Recovering and recycling products:Through trade-in programs,we refurbish returned Logitech products to“like-new”condition for warranty support and resale.We also explore opportunities to recover and reuse components from these products.Products and parts that
254、 cannot be refurbished are sent for recycling to recover rawmaterials and avoid landfill wasteIn the last year,we have intensified our efforts to identify opportunities and execute pilot programs across our strategy.CircularSalesUserCircularManufacturingCircularMaterialsRepair,DurabilityProduct Refu
255、rbishmentComponent RecoveryMaterials RecyclingCircular DesignReduce WasteExtend LifeCircularityManagement Approach40FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportReducing WasteCircular DesignCircular design focuses on developing longer-lasting,energy-efficient products by emphasizing re
256、pair,reuse,and recycling.To support more informed design decisions,we created an in-house Circularity Assessment Tool that measures the comparative circularity of our product designs.This tool has evolved to include legal trends,best practice standards like IEEE 1680.1 and ECMA 341,Blue Angel and EP
257、EAT,and our experience of incorporating circularity into our designs.Our tool uses a semi-quantitative scoring system to evaluate factors like longevity,reuse,and recyclability.It informs our teams about the impacts of their design choices and helps us identify priority areas for improvement,guiding
258、 us toward better alternatives for our products.Circular MaterialsAt Logitech,our material selection process considers environmental impact in addition to traditional factors like cost,technical performance,and user experience.The chart opposite illustrates the primary components and materials used
259、in our portfolio lastyear.27Our primary materials are plastic,paper packaging,and metals.Understanding this has driven the development of strategic programs to create more sustainable alternatives for these categories:Next Life Plastic,FSC-certified paper packaging,and low-carbon aluminum.Details on
260、 those programs are provided in the following sections.CircularityKey Programs41FY24 IMPACT REPORTWeight of materials in our product portfolioOther materials 4%Batteries 3%Metal parts 5%Plastic parts 39%Paper packaging 41%Cables 3%Plastic packaging 3%Printed circuit board(PCB)2%28IntroductionPlanetP
261、eopleAbout this ReportNext Life Plastics We use recycled plastic(“Next Life Plastics”)at scaleto repurpose end-of-life plastic,reduce our carbon footprint,and shift from virgin resources to more circular materials.73%of Logitech products incorporate Next Life Plastics29,offering a wide variety of pr
262、oducts with recycled plastic across major business groups.We have partnered with resin suppliers and molders to develop stronger resins in various colors and grades,expanded our supply chain,and refined ourmolding processes.We ensure not only that newproduct developments use this material,butalsotha
263、t we refresh existing product lines.Transitioning away from single-use plastic packaging and virgin plastic inhardware is not just a responsible choice for our planet but a critical steptowards a more circular future.AtLogitech,we are committed to leading this change,reducing our environmental footp
264、rint,and setting new standards for our industrys use ofplastics.”Prakash Arunkundrum,Chief Operating Officer,LogitechInnovating with recycled plastic25,000+tCO2eMore Designs,More Colors73%of Logitech productsNo compromise on qualityare made with NextLife Plastics29 to giveasecond life to end-of-life
265、 electronicsCircularity Key ProgramsUsing recycled plastic at scale to reduce carbon footprint and embrace circularityCarbon reduction due toNext Life Plastics3042FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportOur FSC ProgramSupporting responsible sourcing of renewable materials and resp
266、onsible management of the worlds forests.Examples of Logitech products withFSC-certified packagingLift Ergonomic MouseWave Keys for Business KeyboardFY2419%FY2311%FY228%FY213%19%of all products3173%of new product introductions32Breakdown of Logitech products using FSC-certified packaging31Percentage
267、 of products using FSC-certified packaging31FSC-certified Paper PackagingWe continue to expand our commitment to responsible sourcing of paper through our FSC-certified packaging program.The Forest Stewardship Council(FSC)isaglobal,nonprofit organization that promotes theresponsible management of fo
268、rests worldwide.We have adopted aSingle-use Plastics Policy aimed at eliminating single-use plastic packaging from our products anduse FSC-certified paper as a renewable and morecircular alternative tovirgin paper.To obtain FSC certification,a forestry owner must demonstrate responsible forest manag
269、ement,including no illegal logging,respect for local communities,and no damage to areas of high biodiversity.Packaging suppliers can achieve FSC certification if they can demonstrate that they only source materials from FSC-certified forests and othercontrolled sources.Sourcing paper packaging mater
270、ials from FSC-certified suppliers overtly supports responsible forest management,ensuring nonetnegative impact on forestry and biodiversity.Morethan half of the products we introduced in FY24 used FSC-certified packaging,and 19%of Logitech products now use FSC-certified packaging.34Circularity Key P
271、rograms43FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportCircular ManufacturingWaste at our production facility is limited to food waste,paper,packaging materials(e.g.paper/cardboard and timber),printed circuit boards(PCBs),and small amounts of other waste(e.g.oils,solvents,and light bulb
272、s).We adhere to the waste hierarchy of reduce,reuse,and recycle,aiming always to minimize waste production,encourage reuse,and prioritize recycling over disposal.Waste is monitored and internally reported annually.The EHS team conducts thorough due diligence before contracting third-party waste mana
273、gement suppliers,verifying licenses and permits,and performing routine and annual checks.Licensed contractors and facilities manage hazardous waste,with sample checks and tracking of end-of-life treatment.Recyclinganddisposal sites are visited as necessary.In our supply chain,we promote good waste m
274、anagement practices through RBA Code of Conduct auditing and supplier development.Suppliers are required tosystematically identify,manage,reduce,and responsibly treat waste.They must conserve natural resources like water,fossil fuels,minerals,and products from virgin forests by making adjustments to
275、 production processes,substituting materials,reusing items,conservation,or recycling materials.Extending LifeRefurbished ProductsOver the last 12 months,we have continued todevelop our refurbished product offering.Collaborating with our partners we have developed acomprehensive process for receiving
276、,inspecting,testing for functionality,and refurbishing returned devices to“like-new”condition.These devices are used as warranty replacements and for sale on oure-commerce platforms and other distribution channels.Over the next year,our focus will be on extending the reach of our in-house refurbishm
277、ent operations.We also aim to strengthen collaboration with our key partners to advance their refurbishment initiatives and objectives within our product range.RepairWe have partnered with iFixit to make Original Equipment Manufacturer(OEM)Logitech parts more accessible,and enable DIY repair in the
278、United States.User-friendly Repair Guides are now available for customers for a variety of products on the Logitech iFixit Repair Hub.We continue to expand the scope and variety of products that are supported on the Repair Hub and over the coming year,we will be expanding beyond the United States to
279、 support DIYrepair in a variety of other countries.In the last year,we havepiloted repair events to raise staff awarenessand to develop an engaging format for participants.To mark Earth Day and highlight the importance ofrepair and sustainability,the team partnered withiFixit to co-host a Repair Caf
280、.At the event,iFixit experts discussed the importance of repair in waste reduction and prolonging product lifespan.They drew comparisons with previous generations who repaired items out of necessity.Alive teardown of a number of products showcased design features that make repairs easier.Attendees g
281、ained practical knowledge and skills for basic repairs,underscoring Logitechs commitment tosustainability and product longevity.Circularity Key Programs44FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportResponsible RecyclingWe work with Producer Responsibility Organizations(PROs),distribut
282、ion partners,and retailers to ensure Logitech products are responsibly recycled across various touchpoints and channels.Recyclers working with Logitech must follow our Sustainability Due Diligence Process and adhere toour Recycling Standard which sets out best practices and ongoing reporting obligat
283、ions.Recyclers are required to carry out periodic duediligence activities,including independent third-partyaudits to verify adherence.We have developed a number of voluntary recycling schemes worldwide,concentrating on regions with limited or underdeveloped regulatory frameworks orinfrastructure for
284、 recycling.For more information on our recycling activities,please check out our Recycling Webpage on .Circularity Key Programs CanadaE-waste recycling via municipal recycling centers and Producer Responsibility Organizations EuropeE-waste recycling via municipal recycling centers and our partners(D
285、er Grne Punkt,El-Kretsen,ERP,GRS Stibat,Stichting Afvalfonds Verpakkingen,Stichting OPEN)TaiwanMunicipal and regulatory schemes for certain product categoriesNew ZealandE-waste recycling at major population centers across the country with our partner TechCollect NZHong KongE-waste recycling at Logit
286、ech retail outlets with our partner V-cycleChinaE-waste recycling at Logitech warranty centersRest of WorldTake-back for recycling schemes where available,operated by local recycling authoritiesUSAPartnership with Best Buy to recycle and save at Best Buy storesCollect and Recycle Program,topromote r
287、ecycling of businessdevicesFree mailback for consumers forrecycling services offered byourpartner MRME-waste recycling via municipal recycling centers and Producer Responsibility Organizations Operated or Financed by Logitech Operated or Financed by Distributors on Our Behalf No Recycling Infrastruc
288、ture or Regulatory Schemes for Logitech Product CategoriesGlobal Recycling Programs45FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportIn FY24,we launched our B2B Collect and Recycle pilot in Europe and North America.This initiative offers our B2B Select customers simple and convenient opti
289、ons to recycle their end-of-life video conferencing room equipment ensuring full transparency in responsible recycling processes.B2B Select customers can nowcontact Logitech to arrange the recycling ofanybrand of electronic equipment,including non-Logitech brands.Our team will then coordinate acolle
290、ction customized to the customers specific needs.Currently,the process is bespoke and manual.The insights were gaining from these customer interactions are helping us to understand customer pain points,and to move towards a more automated and software-enabled solution.This will empower customers to
291、independently select and arrange theservices they need.Our Collect and Recycle program offers customers a simple and convenient solution to ensure they are responsibly recycling their end-of-life electronics.By arranging pick-up and proper recycling,we are actively addressing the critical issue of e
292、-waste and promoting a more circular supply chain where valuable materials are recovered.”Philippe Depallans,General Manager,B2B ServicesB2B Select Collect and RecycleCustomer Pain PointsManaging and disposing of retired equipment is effortful and takes time.Its also hard to know where to turn and t
293、he impact recycling is making.Circularity Key Programs46FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportRecycling with our Retailer PartnersIn FY24,we continued our Recycle and Save program with Best Buy,encouraging and rewarding shoppers for recycling their old electronic devices at reta
294、il partner stores.Wealso joined with Staples to support their“Free Tech Take Back”program,which incentivizes consumers to drop off any brandof end-of-life electronics at Staples stores for recycling.Participants receive a discount voucher,which can be used topurchase a new Logitech device.Circularit
295、y Key Programs47FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportAt Logitech,we recognize the need tosafeguard biodiversity because it is crucial for both human development and effective climate action.Nearly 20%of global greenhouse gas emissions are linked to deforestation33,making the co
296、nservation of our forests vital in combating climate change.However,our commitment to sustainability goes beyond reducing our carbon footprint.We strive to consider the full life-cycle impact of our operations,actively working to minimize negative impacts on biodiversity and foster positive change.O
297、ur goal is to support global efforts to halt and reverse deforestation and better understand biodiversity impacts.We aim to develop and implement innovative programs that protect our planets rich diversity for future generations.Biodiversity48FY24 IMPACT REPORTSustainable Development GoalsSafeguardi
298、ng biodiversity is not just an environmental obligation;its a fundamental cornerstone for effective climate action and sustainable human development.”Robert OMahony,Head of SustainabilityIntroductionPlanetPeopleAbout this ReportBiodiversity Risk Assessment In FY23,we mapped the location of our produ
299、ction facility,offices and suppliers,relative to protected areas,such as U.N.World Heritage Sites,Wetlands of International Importance as defined by the Ramsar Convention and U.N.Environment Program of Biodiversity Hotspots.The analysis showed that ourproduction facility is not in,or adjacent to,any
300、 ofthese areas.Our offices have low potential for nature-based impacts since they are typically small leased spaces in urban areas used for administrative functions such as design,operations management,sales,marketing,etc.Over the coming year,we willbe surveying the supplier facilities to better und
301、erstand their potential for nature-based impactsand ensure they have appropriate mitigationstrategies in place.In previous years,we have also used LCA data from our product carbon footprint studies to understand direct land use change impacts of our products.Analysis of our product carbon footprint
302、studies indicate direct land use change contributes less than0.15%of our products total carbon footprint.The impacts that arise are typically associated with our use of paper-based materials in our packaging,for example.In FY24,we expanded the scope of our biodiversity studies to date.We analyzed ou
303、r sectors dependency and impact on nature using insights and data from UNEPs Exploring Natural Capital Opportunities,Risks and Exposures(ENCORE)tool and the World Wildlife Funds Biodiversity Risk Filter.The insights from these studies will be published in the coming year and are helping us to develo
304、p a management approach that aligns with the recommendations of the Taskforce onNature-related Financial Disclosures(TNFD).Responsible Sourcing Our responsible sourcing programs include efforts toreduce our dependency on natural resources byembracing the use of renewable and recycled materials.For e
305、xample,our use of Next Life Plastics at scale is reducing our need for virgin plastic in our product lines and reducing associated impacts on the natural environment.Similarly,our Single-use Plastic Packaging Policy is transitioning us away from virgin plastic to embrace paper packaging at scale and
306、 we mitigate the potential impact of that transition by prioritizing the use of recycled paper and FSC-certified paper packaging.For more information on our efforts to move away from virgin materials and embrace recycled and renewable materials,please refer to the Circularity section of this report.
307、Key ProgramsWe have begun to analyze nature-related risks and opportunities associated with the lifecycle of our products and the global footprint of our business and value chain in a systematic way.We are following the recommendations of the Task Force on Nature-Related Financial Disclosures(TNFD)a
308、nd the LEAP framework for the identification and assessment of nature-related issues:BiodiversityManagement ApproachL Locate Logitechs interface with natureEEvaluate Logitechs dependencies and impacts on natureAAssess Logitechs nature-related risks and opportunitiesPPrepare to disclose insights and
309、information torelevant stakeholders 49FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportFinancing Community-based ForestryForestNation partners with companies to engage people in tree planting in areas of need in the developing world.For example,from 2016 to 2018,illegal logging deforested
310、large areas around Kwekanga Village in Tanzania.This devastation severely impacted local biodiversity and the livelihoods of low-income communities dependent on forestry.In response,ForestNation collaborated with local communities to establish a plantation and partnered with companies to finance tre
311、e planting.In 2020,we engaged employees in online games to raise sustainability awareness and fund tree planting in a 16-hectare area within the plantation.Our partnership and funding have expanded year-on-year since 2020 and in FY24,Logitech for Business expanded the give-back initiative to deepen
312、customer engagement.In addition to inviting customers to accept tree donations,we rolled out a sustainability quiz,providing participants with the opportunity to“earn”additional trees for successful answers.With Logitechs support,more than 31,443 tree seedlings have been planted and cultivated by lo
313、cal community groups working in ForestNations nursery to date.31,443trees financed by Logitech to dateBiodiversityKey ProgramsRestoring climate-impacted forestry and ecosystemsOver the last number of years,we have financed a number of nature-based projects that offset or remove carbon.Many of these
314、projects are forestry projects with co-benefits for biodiversity and climate-impacted communities.To find projects to finance,we partner with reputable organizations with a history of best practice and select high-quality projects that are certified to established third-party verification standards.
315、We verify the credentials of each project before investing and disclose our project investments on our Climate Action webpage.50FY24 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportWaterEffective water management practices are needed,to ensure water resources are used efficiently,and to minimi
316、ze waste and reduce environmental footprint.Moreover,when factories implement measures such as water recycling and reuse systems,they not only conserve water but also contribute to the preservation of local ecosystems and communities.Efficient water management is crucial for the long-term sustainabi
317、lity of our supply chain operations amid growing global water scarcity concerns.Management ApproachTo understand potential supply chain impacts,we focused on two key strategies in the last year:Water Management in Manufacturing:Driving responsible consumption and production at our own production fac
318、ility and supplier facilities Analysis of Product Life-Cycle Water Impacts:Using LCA and other established risk assessment tools and processes to understand the water footprint of our products and identify hotspots and areas of dependency and impact on water51FY24 IMPACT REPORTWater is a vital resou
319、rce and is used in various stages of hardware manufacturing,from cleaning components to cooling machinery.Water use at our own production facility is not material because we are primarily engaged in assembly and testing,however use of water in certain areas of our supply chain can be significant and
320、 we are committed to addressing that impact.Sustainable Development GoalsIntroductionPlanetPeopleAbout this ReportWater Management inManufacturingOur production facility is located in Jiangsu province,China.This area has high baseline water stress,which is forecasted to remain high over the next 20
321、years.Conscious of this environmental context,we manage water consumption in accordance with the RBA Code of Conduct and relevant local legal requirements and good practice standards.We also maintain an ISO 14001-certified Management System,which includes effective provisions for optimizing and cont
322、inuously improving resource management.Approximately 95%of the water that is used at our production facility is obtained from a public mains supply connection provided by the local authorities(low risk of water impacts),is not significantly used inproduction(low volume of water consumption),and is p
323、rimarily used for welfare facilities(high priorityfor water use).Work activities at our production facility are not water-intensive.The water that we consume is primarily used for drinking water,catering,showers,washrooms,and other welfare facilities.When on-site production increases,thesizeof our w
324、orkforce increases,leading to increaseddemand for drinking water and the use of welfarefacilities.We have an established Resource Management Procedure,but the scale of opportunity associated with water-saving initiatives is small.Our commitment to lean manufacturing drives ongoing efforts to identif
325、y water-saving initiatives ofbenefit for the environment and our workforce.Over the last four years,we have implemented anumber of water-saving initiatives in our production facility.Installation of water monitoring meters,to monitor the daily water use Installation of infrared flush-control devices
326、 for toilets and renovation of water-intensive toilets Proactive and preventative maintenance to prevent water leaks,as well as prompt repair of any leaks that occur Upgrade of more than 100 meters of underground valves and water supply pipes to minimize waterleakageIn our supply chain,we drive good
327、 practice water management with our RBA Code of Conduct auditing and supplier development activities.Suppliers are required to implement water management programs that characterize water andwastewater sources,use and discharge,seek opportunities to conserve water and eliminate potential pollution at
328、 source.They are also required tocontrol potential channels of contamination and implement appropriate monitoring and treatment systems(where required by local permitting requirements),to prevent pollution,optimize resource use and ensure regulatory compliance.WaterKey Programs Juliana Chyzhova52FY2
329、4 IMPACT REPORTIntroductionPlanetPeopleAbout this ReportPartnership with Scripps Institution of OceanographyThe Scripps Institution of Oceanography is a global center for earth science research and education and research leaders in climate change impacts,biodiversity,oceans,and human health.Since 20
330、21,we have supported delegations of Scripps students and postdoctoral researchers attending the annual sessions of the United Nations Framework Convention on Climate Change.Scripps students are climate heroes.They are working hard to understand and protect the planet by researching solutions to our
331、most pressing environmental challenges.We are honored to support their ongoing learning of the dynamics of policy-making at a global scale so they can both educate our leaders on the issues affecting our oceans and help to build a positive future for all.”Prakash Arunkundrum,COOAnalysis of Life Cycl
332、e Water ImpactsIn FY24,we completed several studies to assess and understand our potential impact on water across our value chain and product life-cycles.We mapped and completed a preliminary riskassessment for our Major Offices and our production facility using the Aqueduct Water RiskAtlas tool We
333、assessed our dependency and potential impacts on water using the UNEP ENCORE tool and WWF Biodiversity Risk Filter We surveyed our Major Suppliers to identify water-intensive manufacturing hotspots in our supply chain and the maturity of supplier programs We assessed the life-cycle water footprint of five of our top-selling products by assessing water-related LCA impact categories for water scarci
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