Arburg receives further gold Ecovadis sustainability award

Companies & MarketsNews
November 25, 2024
Celebrating the Ecovadis Gold Medal are Managing Partners Michael and Juliane Hehl (Courtesy Arburg)
Celebrating the Ecovadis Gold Medal are Managing Partners Michael and Juliane Hehl (Courtesy Arburg)

Arburg GmbH + Co KG, headquartered in Lossburg, Germany, has received another Gold Medal from Ecovadis, maintaining its position as one of the world’s most sustainable industrial companies in 2024. The award evaluates four key areas: environmental impact, sustainable procurement, ethics, and labour and human rights. Arburg improved its performance across all categories, achieving a score of 78 points — a result that places it in the top 5% of more than 100,000 companies evaluated by Ecovadis.

“We are very proud to have once again been awarded an Ecovadis Gold Medal,” stated Managing Partner Michael Hehl, responsible for Premises Development and Spokesperson for the Management Team. “This is a great result for our sustainability activities. Not only does it prove that we are doing very well with our arburgGREENworld programme, but also that we are continuously improving.”

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“Sustainability is firmly rooted in the DNA of our family business,” addded Managing Partner Juliane Hehl, who is responsible for Global Marketing and Business Development. “That’s why we have always invested a great deal in the areas of sustainability and resource conservation, and on reducing our carbon footprint.”

“This year, we also published a report in accordance with Global Reporting Initiative (GRI) Standards, enabling the extensive activities of our company to be compared internationally,” continued Juliane Hehl. “This is an aspect that will continue to gain in importance in the future.”

Arburg reaffirmed its commitment to achieving net-zero greenhouse gas emissions along its entire value chain by 2050. In the shorter term, the company aims to reduce absolute greenhouse gas emissions by 42% in Scopes 1 and 2 and by 25% in Scope 3 by 2030, followed by a long-term reduction of 90% in Scopes 1, 2 and 3 by 2050.

Michael Hehl added “For years now, our Arburg Sustainability Report has been providing an overview of all arburgGREENworld topics alongside a host of interesting facts and figures. With our climate strategy, we are pursuing greenhouse gas reduction targets validated by the Science Based Targets Initiative (SBTi).”

www.arburg.com

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Companies & MarketsNews
November 25, 2024

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