Arburg receives gold medal from EcoVadis: top 5% of sustainable industrial companies
September 27, 2023
Arburg GmbH + Co KG, located in Lossburg, Germany, has received a Gold Medal from EcoVadis, placing it in the top 5% of the world’s most sustainable industrial companies. EcoVadis is a comprehensive sustainability rating platform that evaluates global supply chains. The assessment considers environmental impact, sustainable procurement, ethics, labour practices, and human rights. The rankings are based on data from over 100,000 companies and have implemented stricter criteria for earning medal levels starting in 2023.
Sustainability programme now awarded Gold
Since 2019, all of Arburg’s activities have been consolidated under the arburgGREENworld programme. This programme has expanded beyond strategies focused solely on resource efficiency and circular economy, and now encompasses a broader perspective on sustainability through its own ESG (environmental, social, governance) strategy.
Clear disassociation from greenwashing
Arburg utilises quantifiable measures to differentiate itself from greenwashing by setting ambitious goals for reducing greenhouse gas emissions. As an example, Arburg has recently adopted the targets validated by the Science Based Targets Initiative (SBTI) as a standard practice. Through its Action Plan Energy, Arburg collaborates with customers to develop efficient, sustainable, and energy-optimised production processes, aiming to further reduce CO2 emissions.
On the way to becoming the ‘greenest’ machine manufacturer
Arburg reportedly sees its Gold Medal as a clear lasting confirmation that we are steering the correct course into the future.
“We therefore take a positive view of new legal requirements for European companies, such as the CSRD (Corporate Sustainability Reporting Directive) and other challenges,” shared Gerhard Böhm Arburg Managing Director Sales and After Sales. “We have recognised that sustainability means past, present and future for Arburg and sustainability, like our company, is in constant change. We still value our location, resources, employees and stakeholders as much today as we did when the company was founded and are well prepared with this commitment.”
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