Sustainability Report 2024: HENSOLDT focuses on responsible growth
The HENSOLDT Group (“HENSOLDT”) has published its Sustainability Report for the 2024 financial year, providing detailed insights into its progress in the areas of environmental, social and responsible corporate governance. For the first time, the sustainability report is fully integrated into the annual report to emphasise the equivalence of financial and non-financial reporting. In doing so, the company is sending a clear signal of transparency to its stakeholders.
HENSOLDT's sustainability strategy is consistently aligned with the requirements of the Corporate Sustainability Reporting Directive (CSRD). In this respect, the company is going beyond regulatory requirements and has voluntarily implemented the guideline as early as 2024 – even before the German legislator has finalised the legal framework. HENSOLDT is thus playing a pioneering role and setting new standards in sustainability reporting.
In 2024, a particular focus was on reducing the carbon footprint. HENSOLDT is pursuing a consistent carbon reduction path and is making targeted investments in the expansion of renewable energy sources and in the conversion of its vehicle fleet to electric mobility. The company has also made significant progress in social terms, particularly by strengthening its corporate culture, creating modern working environments and building diverse teams. In the context of the German Supply Chain Act (LkSG), HENSOLDT ensures compliance with ethical principles and actively promotes human rights throughout the entire value chain.
Lars Immisch, CHRO of HENSOLDT, says: “2024 was a year of important decisions for HENSOLDT. We have created clear structures to integrate sustainability into our actions in a data-driven, measurable and targeted manner. In doing so, our sustainability strategy is not an end in itself – all measures also make business sense: they increase our economic resilience and efficiency. We drive sustainable growth and align ecological and economic interests.”
The Sustainability Report 2024 can be found here (part of the Annual Report 2024, from page 57; available online only): https://annualreport.hensoldt.net/en/
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Joachim Schranzhofer
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HENSOLDT is a leading company in the European defence industry with a global reach. Based in Taufkirchen near Munich, the company develops sensor solutions for defence and security applications. As a system integrator, HENSOLDT offers platform-independent, networked sensors. At the same time, the company is driving forward the development of defence electronics and optronics as a technology leader and investing in new solutions based on software-defined defence.
In addition, the company is expanding its range of offers to include new service models and is extending its portfolio of system solutions. In 2024, HENSOLDT achieved a turnover of 2.24 billion euros. Following the acquisition of ESG GmbH, the company employs around 9,000 people. HENSOLDT is listed on the Frankfurt Stock Exchange in the MDAX.
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HENSOLDT continues growth path in 2024
The HENSOLDT Group (“HENSOLDT”) once again successfully performed in a dynamic environment in the past financial year, meeting or exceeding guidance (see press release of 27.02.2025). The company thus continued its profitable growth trajectory and consolidated its position as one of the leading companies in the European defence electronics market. The recently published 2024 Annual Report provides an overview of this positive development and highlights the key success factors.