SUSTAINABILITY AND INNOVATION, TO IMPROVE THE FUTURE
LETTER FROM THE PRESIDENT
2022 was a complicated year. Among other things, the war in Ukraine had a major impact on the cost of energy and raw materials and tensions continue to exist in the supply chain even now. Despite this, however, I would go so far as to say that the Fagor Group has been able to successfully navigate these turbulent waters, thereby demonstrating, once again, its enormous capacity to adapt to difficult situations.
But this is not all. The Group continues working to achieve the goals it set itself in the Fagor 2030 Sustainability Strategy, focusing specifically over this last year on education and innovation, and earmarking a significant sum to funding the Hirekin innovation and entrepreneurship centre, firm in its conviction of this initiative’s importance in our current effort to transform our region’s industrial fabric.
This, and the many other achievements outlined in this sustainability report, were only possible thanks to the hard work and effort of all those who, together, make up the Fagor Group. It is important to always remember this since, as well as being a prestigious brand, we are also people, working together for a better future.
Joxean Alustiza Usandizaga
President of The Fagor Group
FAGOR 2030
WHO WE ARE
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We are the largest industrial cooperative group in the Basque Country
8
cooperatives
11.565
workers
69
plants
3
innovation centres
2,7 M€
in social commitment
Automotive
Components for household appliances
Machine tool
Hospitality equipment
Solar energy
Industrial property
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We are present worldwide
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We have our own way of doing business
01 
Democratic governance
Working people are also owners. We participate in the governing bodies, in the distribution of profits and in management.
02 
Solidarity in remuneration
We distribute the wealth generated in a supportive manner so that there are no large gaps between those who earn the most and those who earn the least.
03 
Intercooperation
We distribute part of the profits among the cooperatives to help those with the worst results.
04 
Commitment to society
We get involved in the challenges facing our society.
WE ARE A COMPETITIVE AND INNOVATIVE GROUP
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We are transforming our businesses to improve competitiveness and continue to create jobs in the context of a digital and circular economy.
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We have been able to adapt to a context of great uncertainty
|
2020 |
2021 |
2022 |
|
| Sales | 1.265 M€ | 1.482 M€ | 1.819 M€ |
| Consolidated profits | 28,38 M€ | 57,97 M€ | 46,19 M€ |
| Profits in the Basque Country | 20,75 M€ | 41,01 M€ | 39,93 M€ |
| % of profits in the Basque Country | % 73 | % 71 | % 86 |
| Net financial debt/EBITDA Ratio | 2,09 | 1,7 | 1,88 |
| Independence Ratio | 0,56 | 0,68 | 0,67 |
Comparison year 2021
Sales
% 23
Consolidated benefits
% 20
% of consolidated profits in the Basque Country
% 15
Comparison year 2021
Sales
%23
Consolidated benefits
%20
% of consolidated profits in the Basque Country
%15
FAGOR 2030 | WORKING FOR A BETTER FUTURE
Most of our profits have been distributed in the Basque Country
1.819 M€
Worldwide turnover among Fagor Group cooperatives.
46,19 M€
Worldwide profit among Fagor Group cooperatives.
6,26 M€
What remains in the subsidiaries
39,93 M€
Distributed in the Basque Country
FAGOR 2030 | WORKING FOR A BETTER FUTURE
Solidarity is the basis for sharing our profits
39,93 M€ distributed in the Basque Country
2.784.190 €
MONDRAGON’s
solidarity mechanisms
1.434.520 €
Fagor Group
Solidarity Remuneration Fund
35.713.870 €
To be distributed
3.405.000 € Redistribution of Fagor Group profits
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We make a balanced distribution of our profits
35.713.870 €
To be
distributed
To be distributed
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We encourage open innovation to help transform our cooperatives
HIREKIN:
innovation and
entrepreneurship centre
300.000 €
in 2022
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We remain committed to generating employment
New Contracts 2022
254
women
613
men
867
TOTAL
FAGOR 2030 | WORKING FOR A BETTER FUTURE
5.791
in Euskal Herria
By gender
26 %
Woman
74 %
Men
Age ranges
Under 30 years of age
31-50 years
Over 51 years of age
0 Women 0 Men
FAGOR 2030 | WORKING FOR A BETTER FUTURE
Evolution of personnel
|
2019 |
2020 |
2021 |
2022 |
|
| Salaried workers 0 | 986 | 663 | 688 | 1.404 |
| Relocated 0 | 335 | 335 | 187 | 111 |
| Fixed-term members 0 | 349 | 323 | 229 | 338 |
| Definitive members 0 | 3.662 | 3.688 | 3.707 | 3.938 |
| TOTAL 0 | 5.332 | 5.009 | 4.811 | 5.791 |
WE ARE A DEMOCRATIC GROUP ROOTED IN OUR TERRITORY
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We continue to develop our democratic governance model.
FAGOR 2030 | WORKING FOR A BETTER FUTURE
Members are the ones who decide the course of the cooperatives and the Group
3.938
members
195
New members in 2022
942
women
2.996
men
54
women
141
men
FAGOR 2030 | WORKING FOR A BETTER FUTURE
212
People participate in the social and governing boards
52
women
160
men
The election of the persons who will occupy the positions in the Governing and Social Councils takes place in the General Assemblies.
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We continue to adapt our regulatory framework to the needs of the moment
Based on the self-regulatory competence of cooperatives and addressing the gender perspective, we have updated four standards in 2022:
Flexi-time
Leaves of absence
Reductions in working hours
Permits
FAGOR 2030 | WORKING FOR A BETTER FUTURE
Fostering cooperative education for good governance
9 People have completed the expert degree in cooperativism during the 2021-2022 academic year.
Objectives
- Strengthen the corporate identity.
- Understand how the cooperative works.
- Understanding cooperative governance.
- Understand the roles, duties and responsibilities of the bodies.
- Know the basic concepts of the economic-financial area.
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We work on internal communication to get closer to our members
WE ARE A GROUP THAT PUTS PEOPLE AT THE CENTER
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We develop an advanced company culture to enable our people to give the best of themselves.
FAGOR 2030 | WORKING FOR A BETTER FUTURE
Our remuneration policy is based on solidarity
Distribution of people and remuneration
| 0 | 1st range | Labour rate interval 1.00 – 1.35 | 0 | 4th range | Labour rate interval 2.10 – 2.40 |
| 0 | 2nd range | Labour rate interval 1.40 – 1.60 | 0 | 5th range | Labour rate interval 1.70 – 2.00 |
| 0 | 3rd range | Labour rate interval 1.70 – 2.00 |
| 0 | 1.franja | Lan indize tartea 1,00 - 1,35 |
| 0 | 2.franja | Lan indize tartea 1,40 - 1,60 |
| 0 | 3.franja | Lan indize tartea 1,70 - 2,00 |
| 0 | 4.franja | Lan indize tartea 2,10 - 2,40 |
| 0 | 5.franja | Lan indize tartea 2,50etik gora |
FAGOR 2030 | WORKING FOR A BETTER FUTURE
Our commitment to cooperative employment is strong
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We work to ensure employability
Continuous training
13
hours/worker
Internal promotion
195
competitive examination processes
122
people who have changed position
Response to temporary work
Fagor job pool
1.955 people registered in the job pool
684 women
1.271 men
256 people who have worked
90 women
166 men
Job placement
women 13 %
men 13 %
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We take care of people’s health and safety
Overall level of absenteeism
7 %
women
6 %
men
We are studying the possibility of establishing a common medical assistance service for the entire group, as well as measures to manage the increased level of absenteeism in recent years.
Level of absenteeism due to occupational accidents/illnesses
0,18 %
women
0,41 %
men
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We promote co-responsible work-life balance
Work/life balance measures
Maternity/paternity leave
22
women
134
men
Leaves of absence
14
women
20
men
Reductions
137
women
102
men
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We promote gender equality
Training sessions on gender equality and inclusive communication.
Awareness campaign to make women’s work more visible and to promote STEM vocations among women.
Measures to incorporate inclusive language in the Internal Regulations and Bylaws.
Organize and adapt the system for creating remuneration records of cooperatives.
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We move forward with plans to normalize the Basque language
Comprehension level
Personnel of the cooperatives of the Fagor Group:
Population of Gipuzkoa:
Oral level
Personnel of the cooperatives of the Fagor Group:
Population of Gipuzkoa:
63
Arnasgune (teams working in Basque)
% 49
Oral use of Basque
(7% greater than Debagoiena)
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We help promote STEM vocation
Mondragon ZTIM HUB
Through collaboration between schools, companies, social agents and municipalities, we are working creating a stable educational network. In 2022, thematic challenges were worked on for students in 1st, 2nd and 3rd ESO, among others, to make STEM professions visible, promote a gender-neutral orientation and influence the educational projects of the centres.
WE ARE A GROUP COMMITTED TO THE PLANET
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We work to reduce the environmental impact of our products and production processes to place industrial activity within the biophysical limits of the planet
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We are working on measuring and reducing our carbon footprint
In 2022, we continued to develop the tool for measuring the three scopes of our cooperatives’ carbon footprint. Seven of the eight cooperatives that make up the group are working on this. In addition, we are starting to set medium- and long-term emission reduction targets.
The carbon footprint
|
2020 |
2021 |
2022 |
|
| Scope 2 0 | 28.878 | 41.345 | 36.438 |
| Scope 1 0 | 74.090 | 80.101 | 83.828 |
| tCO2eq/€100m billed 0 | 8,14 | 8,2 | 6,61 |
| tCO2eq/worker 0 | 10,26 | 10,32 | 10,4 |
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We continue to work on replacing fossil fuels with renewables
Photovoltaic roofs on cooperatives
At the Fagor Automation plant in Eskoriatza (Gipuzkoa) we have implemented a 100kW installation, which will produce 138,820 kWh per year, 6.33 % of the plant’s consumption.
Renewable energy project at territorial level
We are in contact with the Norwegian company Statkraft to analyze the possible participation in the wind farm it intends to build in Debagoiena.
produce 138.820 Kwh per year
6,33 % of the plant’s consumption
FAGOR 2030 | WORKING FOR A BETTER FUTURE
Renewable energy as a % of total energy consumption:
% electric energy over total energy consumption:
% of renewable electrical energy over total electrical energy:
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We are working to increase the share of recycled raw materials
Use of raw materials
Recycled origin(t)
Total raw materials (t)
Raw materials of recycled origin as a % of the total
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We are working to reduce our water consumption
Water
Water extraction (m3)
m3 / €100m invoiced
m3 / worker
WE ARE A GROUP THAT PROMOTES COMMUNITY DEVELOPMENT
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We are promoting the self-organization of society and collaboration between different agents to achieve sustainable cities and communities.
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We support our community and social partners
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We promote dynamics so that Fagor people join the Sustainable Development Goals
We have launched 18 initiatives (volunteering, donations…) on the recently created platform. 718 people are registered on it.
54.584 €
We continue to promote the Basque language plans in the cooperatives.
578.362 €
413.106 km travelled by Fagor’s people in a more sustainable means of transport.
30.097 €
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We promote the sustainable development of Debagoiena
We are the driving force behind the network for sustainable development in Debagoiena and, in 2022, we placed special emphasis on the energy transition through the Eraginez piztu initiative. We have also become a collaborating partner of Ekiola de Leintz Bailara.
937.860 €
We continue to collaborate in the financing of the necessary infrastructures to offer a quality cooperative education in Debagoiena. We have signed several agreements with MGEP, HUHEZI and Arizmendi ikastola.
602.460 €
We continue to subsidize the activities of associations in the towns where the Group’s cooperatives are located.
192.787 €
FAGOR 2030 | WORKING FOR A BETTER FUTURE
We support the social agents of the Basque Country
We have created and launched the Fagor Herrigintza cooperation program. We received 38 applications for aid, and thanks to the scoring system and the votes of the members, the following were selected:
- Zaporeak
- Humanitarian Maritime Trade (Aita Mari)
- Seaska
120.000 €
We have also supported other projects in the Basque Country (to a lesser extent than in the case of Fagor Herrigintza).
25.146 €
FAGOR 2030 | WORKING FOR A BETTER FUTURE
Helping developing countries
We are part of the Board of Trustees and actively participate in the Foundation’s challenges. In addition to financing their activity, the members of our cooperatives have the opportunity to participate in projects in the countries where Mundukide has programs.
230.984 €
We collaborate with Garabide to share the lessons learned in the process of recovering the Basque language with processes in other countries and learn from their experiences.
10.000 €