Andritz has set ambitious goals for each of the focus topics – Environment (E), Social (S) and Governance (G) principles – which are aimed at making the business activities of Andritz and its stakeholders more sustainable.
Under its environment focus area, all systems and plants supplied by Andritz comply with the strictest environmental, safety and technology standards (best available technologies). Andritz is focusing on the development of sustainable technologies and products that lead to decarbonisation and a reduction in the consumption of resources by its customers, hence making a major contribution towards environmental and climate protection, the company said in a press release.
Andritz generates just under half of its revenue with these products and technologies. This share should increase further in the next few years. The company has also set itself ambitious targets like reducing its CO2 footprint by half by 2025, and significantly decreasing water consumption and the amount of waste produced.
Under the social focus area, diversity, occupational health and safety and employee satisfaction are central values for Andritz. In the past few years, targeted measures have succeeded in significantly lowering the accident frequency rate.
Diversity at Andritz is reflected in the manifold origins of its employees, coming from 33 different countries. In its defined ESG targets, Andritz is concentrating especially on avoiding accidents and the goal of being an attractive employer – this should also be measured and verified in figures by lowering the voluntary staff fluctuation rate and increasing the number of female employees in the workforce.
Finally, under the governance focus area, highest compliance and ethically correct behaviour form the basis of the Andritz business strategy. The company holds ISO 19600 certification for the compliance management system and ISO 37001 certification for its anti-corruption management. In particular, Andritz is concentrating its activities on the goals of minimising relevant corporate risks and continuously expanding its compliance activities, with special focus on sustainable supply chain management.
“Sustainability is an essential part of the Andritz business strategy and of our company culture. The focus topics and goals were selected in consideration of the areas in which Andritz can make the largest contribution towards a sustainable future. Our ‘We Care’ sustainability programme now unites all our initiatives and efforts relating to ESG under one roof. All of our employees are committed to this strategy,” says Wolfgang Leitner, president and CEO of Andritz AG.
We Care takes a multi-dimensional, comprehensive and practically oriented approach towards sustainability.
Fibre2Fashion News Desk (KD)