ANDRITZ receives EcoVadis Gold Medal and sets new ESG targets

EcoVadis recognized the quality of ANDRITZ’s sustainability management system and commitment to transparency throughout its value chain. It particularly noted the company’s expanded climate reporting to include scope 3 emissions and the validation of its climate targets by the Science Based Targets initiative (SBTi). These validated targets form an important part of ANDRITZ’s renewed sustainability program running until 2030.

ANDRITZ CEO Joachim Schönbeck said, “Sustainability is at the heart of how we innovate, operate, and grow. This recognition confirms our strategy and encourages us to further increase our efforts to enable the green transition and contribute to a healthy, thriving environment for today’s and future generations.”

The new targets are designed to align ANDRITZ with global climate goals, enhance employee well-being, and ensure responsible governance. They focus on:

Enabling the green transition
ANDRITZ aims to provide innovative low-carbon and resource-efficient solutions to its customers and reduce the environmental footprint of its own operations. KPIs track progress on climate protection, water conservation, and waste minimization. Climate targets (approved by SBTi) include a 42% reduction in scope 1 and 2 emissions and a 25% reduction in scope 3 emissions from 2023, in line with the Paris Agreement’s 1.5°C goal. The share of revenue from products enabling customers’ green transition is to increase to over 50%.

At the end of 2024, scope 1 and 2 emissions had already been reduced by more than 50% from 2019 and thus one year ahead of schedule. In the same period, water consumption had decreased by 14% and waste volume by 36% – significantly more than the 10% target that ANDRITZ had set itself in both categories for 2025.

Supporting people’s growth
ANDRITZ is committed to creating a safe and fair work environment that promotes equal opportunities and personal development. Measures focus on increasing the representation of women in leadership roles, reducing voluntary turnover, and enhancing employee engagement. Reducing work-related accidents remains a top priority.

Governing with integrity
ANDRITZ upholds high ethical standards and responsible business practices throughout its operations and value chain. The focus is on ensuring high sustainability standards among suppliers through assessments, social audits, and external ESG ratings. In addition, ANDRITZ aims to expand sustainability-related certification of its own operations.