Annual and Sustainability Report 2024/25

Hager Group celebrates 70 years and achieves significant CO₂ reductions.

In its 2024/25 Annual and Sustainability Report, Hager Group highlights the company's progress in aiming for continuous emission reduction and its role as a facilitator of the energy transition with 70 years of expertise in the electrification of buildings.

In 2024, Hager Group accelerated the integration of efficient energy solutions, both as an offer for its customers as well as in its production processes and reinforced a strong commitment to ethical business standards. In recognition of its efforts, Hager Group was awarded the EcoVadis Platinum rating, placing the company among the top 1 % of all assessed companies worldwide.

Hager Group has committed to reducing direct CO2 emissions (Scope 1 and 2) by 50 % and indirect emissions (Scope 3) by 25 % until 2030. By investing in carbon-efficient solutions, enhanced energy management systems and sourcing renewable energy, the group significantly reduced its carbon emissions in 2024.

Compared to the baseline year 2021, CO2 emissions linked to operations and processes (Scope 1 and 2) decreased by 20 % - equivalent to 12,600 tonnes of CO₂. Five gigawatt hours of energy demand were covered by solar and biomass. In addition, the company has reduced further indirect emissions across the value chain (Scope 3) by 22 % in the same period.

Furthermore, in 2024, Hager Group’s solutions and its energy management business delivered energy savings of 1.4 terawatt hours for its customers. This is equivalent to the annual electricity use of more than 350,000 European households and corresponds to 378,000 tonnes of CO₂ in avoided emissions.

Chief Executive Officer Sabine Busse underlines the company’s role in the energy transition:

“We believe in electrification. Buildings are key to successfully implementing the energy transition, and we are a part of it. We provide products, services and solutions that are reliable, intelligent and easy to integrate, and which also sustainably reduce emissions.”

On the Sustainability Report, Matthieu Alexandropoulos, Senior Director Corporate Social Responsibility, commented:

“We believe that respecting human rights, acting with integrity, and fostering trust across our value chain are not optional – they are essential. Through this report we reaffirm that transparency and accountability remain at the core of how we do business.”

People and culture at the centre

Hager’s new Human Sustainability programme reflects the company’s long-standing values. The programme builds on existing efforts and provides a structured approach to support employees in a workplace that strives to be inclusive, empowering and responsive to future needs.

Chief Human Resources Officer Franck Houdebert said:

“Hager’s Human Sustainability approach prioritises employee health and safety, diversity, inclusion, development opportunities, and continuous learning. This approach underscores that a sustainable future depends on both a healthy planet and thriving communities.”

70 years of expertise in the electrification of buildings

Founded in 1955, Hager has grown from a family workshop into a global partner for the electrification of buildings — from residential housing to commercial high-rises.

As of 31 December 2024, Hager Group reported revenues of €3 billion. Growth was supported in particular by demand in international markets outside Europe.

Hager employs 13,000 people worldwide and operates 23 production facilities in 10 countries, serving customers in more than 100 markets. The group’s strong local presence and long-standing customer relationships have proven to be a success factor during periods of market volatility.

Following the acquisition of Eficia in 2023, Hager further expanded its services portfolio with the purchase of Advizeo in 2024, a leader in energy management software and building monitoring. This strengthens the company’s position in the fast-growing energy services sector and enhances its ability to support customers in addressing energy efficiency and environmental challenges.

Discover the full interactive version of the Annual and Sustainability Report 2024/25 here.