Better Health for All
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LPKF's laser technology is used in the manufacturing of medical devices, including cochlear implants that have enabled or restored hearing for 700,000 people.
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Their laser plastic welding process creates safe, hygienic, hermetically sealed, and particle-free joints for medical devices like catheters, valves, and diagnostic cartridges.
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LPKF machines are used to make hundreds of millions of wearable devices annually.
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The company's laser systems are also used in the research and development of flexible biomedical sensors, implants, and microfluidic systems, as well as for noninvasive molecular fingerprint detection and sweat analysis.
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Fair Money & Economic Opportunity
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LPKF Laser & Electronics AG is a technology company that manufactures laser systems for the electronics industry. Its core business does not involve offering lending, deposit, or other financial services to consumers. As such, all Key Performance Indicators (KPIs) under the 'Fair Money & Economic Opportunity' value are not applicable to LPKF's business model, and no relevant evidence was found in the provided articles.
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Fair Pay & Worker Respect
30
LPKF Laser & Electronics SE reported a Lost Time Injury Frequency Rate (LTIFR) of 1.8 in 2023.
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The company's voluntary employee turnover rate was 9.5% during the reporting period.
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No serious human rights incidents or labor-related discrimination incidents were reported, and no fines, sanctions, or compensation payments were incurred.
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In 2023, 95.4% of employees were on permanent contracts, with 4.6% on fixed-term contracts.
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The company reported 3 temporary employees in Germany, 1 in Slovenia, and 13 in the rest of the world.
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100% of the workforce is covered by the company's health and safety management system, and LPKF grants additional social protection, including participation in a company-subsidized private pension program.
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Fair Trade & Ethical Sourcing
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LPKF conducts annual supplier evaluations for series suppliers, covering at least 80% of its direct annual purchasing volume.
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No incidents of forced or child labor were reported in the reporting year, and no negative effects on human rights at direct suppliers were identified.
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However, the upstream part of the supply chain cannot be monitored or controlled on a large scale at present, though the company can provide information on substances of concern and their traceability throughout the life cycle.
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For C and D suppliers, action plans are requested and their implementation is monitored.
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All preferred and key suppliers, representing 97% of direct purchasing volume, have signed a Code of Conduct based on UN Global Compact principles, which includes enforceable ethical sourcing clauses.
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Country risks for materials are assessed based on the OECD classification, and suppliers are expected to exclude conflict minerals via self-disclosure.
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Honest & Fair Business
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LPKF has a formal whistle-blower policy with internal and external contact channels, including an independent attorney for anonymous reports, and a Chief Compliance Officer handles reported cases.
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However, there is no explicit evidence of independent investigation processes or details on training, communication, or resolution times. All consolidated entities are covered by an annual independent external audit, and 100% of Supervisory Board members are independent from controlling shareholders.
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The company has a Group-wide Compliance Code and provides annual mandatory compliance training, explicitly prohibiting bribery and setting a gift limit of €40.
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While an FCPA-compliant policy is in place, the evidence does not specify the frequency of training or provide effectiveness metrics. The non-financial report was subjected to a voluntary audit with limited assurance by Baker Tilly GmbH & Co. KG, using ISAE 3000 (Revised) standards, indicating approximately 45% of ethical claims are independently verified.
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Kind to Animals
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The provided articles do not contain specific, concrete data points or explicit information related to LPKF's performance on any of the 'Kind to Animals' KPIs. The company's business model, specializing in laser-based solutions for the electronics industry, does not inherently involve animal-derived products, animal testing, or animal agriculture. While donations to an 'Animal-Help-Human' foundation are mentioned,
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no measurable impact or financial percentage is provided to assess wildlife conservation. Similarly, supplier assessments are noted for general ESG criteria,
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but not specifically for animal welfare compliance. Therefore, no KPIs can be scored based on the evidence.
No War, No Weapons
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LPKF states it does not participate in activities related to controversial weapons.
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The company has internal export controls, a responsible person for exports, and regularly screens sales and purchasing contacts against sanctions lists using special software.
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LPKF stopped all deliveries to Russia indefinitely since February 24, 2022.
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The company's purchasing conditions require suppliers to comply with all applicable laws and regulations regarding employee treatment, environmental protection, occupational safety, and the standards of the UN Global Compact Initiative.
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LPKF provides regular compliance training at least once a year.
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LPKF has been an official member of the UN Global Compact since November 2021 and its policy regarding its workforce complies with the UN Guiding Principles on Business and Human Rights.
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The LPKF Compliance Code requires all employees to comply with applicable laws, respect core ethical values, and act sustainably.
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As part of its ESG risk management, all active suppliers are assessed based on OECD country risks.
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LPKF's cessation of deliveries to Russia represents 100% divestment from Russian business activities.
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In response to the US Dodd-Frank Act, LPKF expects its suppliers to exclude the use of 'conflict minerals' in a self-disclosure.
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The company strives for zero reported violations of laws and regulations, with a target of 0 for significant incidents, measured by the number of reports of violations.
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Planet-Friendly Business
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LPKF Laser & Electronics SE reported total Scope 1, 2, and 3 greenhouse gas emissions (market-based) of 4,236.8 tCO₂e in 2024.
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This represents a 3.71% reduction from the 2023 gross emissions of 4,400 tCO₂e.
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In 2024, 19.3% of the company's total energy consumption was sourced from renewables, with 100% green electricity contracts covering 2,744.51 MWh at its German locations.
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The company reported that 20% of its capital expenditure in 2024 was aligned with the EU Taxonomy.
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For 2023, the waste diversion rate was 84.1%, exceeding the 2025 target of ≥80%.
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LPKF reported zero violations of environmental laws and regulations in both 2023 and 2024, and holds ISO 14001 environmental management system certification.
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Respect for Cultures & Communities
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The provided articles, including the 2024 Annual Report and 2023/2024 Non-Financial Group Reports, explicitly state that specific, quantitative data for KPIs related to Respect for Cultures & Communities are not available or not explicitly detailed.
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This includes information on formal partnerships, revenue reinvested locally, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms for community concerns, average complaint resolution times, FPIC participation rates, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier count, cultural site protection, social license to operate, charitable giving to cultural heritage organizations, community fund allocation, language inclusivity, cultural incident response, and cultural sensitivity training completion.
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Safe & Smart Tech
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LPKF provides mandatory annual compliance training for all employees, available in four languages, which includes a test and certificate.
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Managers and relevant employees receive additional subject-specific training, such as on cybercrime.
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The company complies with GDPR, the German Federal Data Protection Act (BDSG), the German Stock Corporation Act (AktG), the German Commercial Code, and the German Fiscal Code.
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Shareholders are granted rights under GDPR, including the right to information, rectification, deletion, restriction of processing, data portability, and objection to processing.
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Personal data is deleted or anonymized when no longer required for stated purposes, with data related to general meetings regularly deleted or anonymized after three years, and data after a share sale stored for a maximum of twelve months.
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Server log files are stored for seven weeks to address technical faults.
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Authentication for internet services uses an admission ticket number and access code.
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The company has a 24/7 Security Operations Center (SOC) and conducts regular internal and external security audits.
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Zero Waste & Sustainable Products
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LPKF achieved an 80.7% waste diversion rate in 2023, meeting its target of ≥ 80% by 2025.
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The company's products are designed for a long lifetime, easy maintenance, and disassembly, with the possibility of using secondary raw materials and retaining monetary residual value of components.
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LPKF has implemented several waste reduction initiatives, including CleanCut technology to minimize material consumption, chemical-free PCB prototyping, and a water processing plant that recycles 99% of rinsing water in its LIDE foundry.
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The company actively manages hazardous waste by conducting annual substitution surveys, identifying Substances of Very High Concern (SVHC), and recycling hazardous waste multiple times within processes.
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LPKF's StencilLaser systems and laser welding systems have an average service life of ten years, while chemical-free semiconductor prototyping systems are in use for over 15 years.
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The company offers an "Equal to New Concept" for repairing defective components and replacing wear parts.
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Waste and energy data, as well as carbon footprint, are calculated annually for all facilities.
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LPKF's environmental management system is certified in accordance with DIN EN ISO 14001.
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The company reported no significant fines or non-monetary sanctions for waste disposal violations in the reporting period.
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LPKF systems are designed to help customers achieve greater resource efficiency and lower material consumption.
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The company has set targets for carbon-neutral production by 2030 and aims to reduce CO₂ emissions from traveling by 70% by 2030.
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LPKF expects suppliers to act responsibly regarding environmental protection and obliges them to comply with internationally recognized environmental standards.
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Customers are comprehensively informed and trained on product risks.
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