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We are very excited to let you know Castolin Eutectic won the Navex ESG Award (Environmental Social Governance) and GRC Award (Governance, Risk and Compliance) in October 2022. NAVEX is the recognized leader in risk and compliance management services. Its mission is to help customers promote ethical, inclusive workplace cultures, protect their brands and preserve the environment through sustainable business practices. The Governance, Risk and Compliance Program of the Year award is handed to organizations that successfully remove data and operational silos to align ethics, compliance, IRM and other GRC initiatives. Castolin Eutectic was also recognized by Navex for its ESG program: "As a pioneer in industrial sustainability, its business focuses on promoting a circular economy by extending the useful life of industrial equipment. The company also sets and achieves annual ESG goals to reduce CO2 emissions and electricity use, minimize hazardous waste, and ensure management diversity, employee health and safety standards, and supply chain monitoring."
Castolin Eutectic is exploring machine learning and IoT to improve maintenance processes In his interview, our R & D Manager from the UK, Spyros Kamnis, who has a PhD in thermal spray processes, talks about Castolin Eutectic's current R & D projects involving machine learning and IoT. Data is the lifeblood of our business, and machine learning can be the key to unlocking the value of available corporate data in the fields of material design and operational excellence. Our R & D efforts aim to shift the paradigm from applying the material you have to engineering the material you need. Castolin Eutectic is a leading global organization offering surface protection technologies to customers from all key industry sectors. It is our ability to combine real-time data, physical dependency models, and intelligence from different platforms in order to simulate, predict, and improve industrial assets and maintenance processes. Watch full interview below
Patrick Fetzer appointed to the Federal Economic Senate as managing director of Castolin Eutectic In February, the German Association for Small and Medium-sized Businesses, BVMW (Bundesverband mittelständische Wirtschaft e.V.), appointed Patrick Fetzer as a shareholder and managing director of Castolin Eutectic to the Federal Economic Senate. The BVMW is a politically independent association which caters for all commercial branches and professions, representing the interests of small and medium-sized businesses in politics, with administrative authorities, with trade unions and with major companies. With representative offices in 35 countries and an alliance of 30 partner associations, the BVMW represents more than 900.000 voices. We appreciate the acknowledgment from Christoph Ahlhaus, Secretary General of the Federal Economic Senate, and Wilfried Beer, Director of the Federal Economic Senate.
Castolin Eutectic is pleased to announce the company has joined the United Nations Global Compact