ARBURG Receives Gold Ecovadis Sustainability Award
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Arburg has done it again in 2024 with another Gold Medal from Ecovadis! A great achievement, especially as the requirements have been raised again compared to the previous year. Scoring a total of 78 points, Arburg was able to secure a leading position among the top five per cent of the world’s most sustainable industrial companies, thereby receiving impartial confirmation of the success of its extensive sustainability activities under the arburgGREENworld programme.
Ecovadis is a comprehensive sustainability rating platform for global supply chains.
In addition to environmental impact and sustainable procurement, the focus is also on ethics as well as labour and human rights. In all four areas, Arburg improved further compared to the previous year with its score of 78 points, putting it in the top five per cent of more than 100,000 companies whose data is evaluated by Ecovadis.
Decades-long focus on sustainability
“We are very proud to have once again been awarded an Ecovadis Gold Medal,” says 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.”
“Sustainability is firmly rooted in the DNA of our family business,” adds 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.”
Clear commitment to reducing greenhouse gases
“With our climate strategy, we are pursuing greenhouse gas reduction targets validated by the Science Based Targets Initiative (SBTi),” says Michael Hehl, citing an example of the high standards that Arburg sets for itself.
Arburg GmbH + Co KG is committed 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 per cent in Scopes 1 and 2 and by 25 per cent in Scope 3 by 2030, followed by a long-term reduction of 90 per cent in Scopes 1, 2 and 3 by 2050.
“For years now, our Arburg Sustainability Report has been providing an overview of all arburgGREENworld topics alongside a host of interesting facts and figures,” adds Juliane Hehl. “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. This is an aspect that will continue to gain in importance in the future.”
Read more news from ARBURG here.
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