Our Future

Our ambitions for 2023 and beyond

We are committed to adding value to society by enabling a better, safer and more interconnected world. This is supported by further aligning SGS to the key TIC megatrends and customer demand.

Our 2023 targets include ambitious financial and non-financial goals across three areas: Planet, Performance, People.

In a rapidly changing market landscape, SGS will remain agile to adapt our fundamental activities to new market dynamics we will see in the next few years.

Frankie Ng Chief Executive Officer

Our journey to 2023 is shaped around the following key steps in our organization.

  • Invest to consolidate leadership position across our six focus areas
  • Commitment to our Sustainability Ambitions 2030
  • Become the most digital company in the TIC industry
  • Acceleration of mergers and acquisitions in key markets
  • Increase proportion of revenue from sustainability solutions
  • Organizational optimization via strategic transformation
Measuring our success along the way

Mid-term targets 2020-2023

Planet

  • Reducing our CO2 emissions
    Support the transition to a low carbon world by meeting our Science-Based Target of reducing our CO2 emissions per revenue by 35%*

  • Sustainability Solutions
    Support our customers on their journey to sustainability by increasing the proportion of revenue generated by our sustainability solutions to 50%

  • Integrity Principles
    Reduce the impact that our supply chain has on society by achieving 100% of our strategic suppliers trained on our integrity principles

  • Energy Efficiency
    Increasing annually the number of energy efficiency measures in our 100 most energy intensive owned buildings

Performance

  • High-single digit constant currency revenue GAGR
    Driven by mid-single digit organic growth p.a. and a focus on M&A

  • > 10% Adjusted Operating Income CAGR

  • Strong EVA discipline

  • Maintain or grow the DPS

People

  • Ensuring Diversity
    Nurture diversity and inclusion based on merit by ensuring equal opportunity to all employees and evolving our gender diversity to 30% women in leadership at CEO-3 positions

  • World Class Service (WCS)
    Promote a culture of operational safety, efficiency and excellence through our WCS program: 20% of our WCS labs (2020 perimeter) reaching WCS Bronze award level

  • Supporting personal development
    Support the personal development of our employees by increasing the completion rate of job-related training by 10%**

  • Positive impact on communities
    Increase by 10%** our positive impact on our communities through employee volunteering, focusing on vulnerable groups including those affected by pandemics

*Against a 2014 baseline
** Against a 2019 baseline