Our aspiration
Voith defined sustainability as a company value and aims to be an industry-wide catalyst.
As a family-owned company we are committed to environmentally friendly, fair, long-term business practices. Furthermore, we intend to create measurable added value for the sustainable development of our company, society, and the environment. The goal we set ourselves regarding the way we conduct business is also correspondingly high: We want to make Voith the benchmark in sustainability issues.
We repeatedly put our sustainability performance to the test. The independent rating agency ISS ESG gave Voith a B- rating for the first time in 2021, making it one of the best companies in the machinery and plant engineering sector worldwide. Based on more than 100 criteria, Voith's performance in the environmental, social and corporate governance areas was rated above average. Ratings like these are also playing an increasingly important role for banks. In this way, ecological and social improvements lead to concrete economic benefits - that's what sustainable action is all about.
Our contribution to climate protection and resource conservation
Voith takes responsibility and provably drives the decarbonization of the industry. As a reliable partner, the company supports customers in reducing their carbon footprint. The Voith Group itself is already operating net climate-neutrally at all global locations since 2022 and is thus a pioneer in the plant and mechanical engineering sector worldwide.
"Sustainable technologies for future generations" - that has always been Voith's DNA. In recent years, Voith has aligned its entire business model with this. All three divisions contribute to the decarbonization of the industry with their products and services. By using Voith products, more CO2 emissions are avoided than emitted. The Voith products launched in fiscal year 2019/20 avoid almost 3 million tons of CO2 annually. This compares with around 2.2 million tons of CO2 emissions - as confirmed by TÜV.
Voith Hydro is active in hydropower, the planet's most important renewable energy source. As a proven, mature, predictable and competitive technology, it combines unrivaled high efficiency with an extremely long, reliable plant life and low emissions. Thus, hydropower makes an indispensable contribution to a stable and low-emission power supply worldwide.
Learn moreVoith Paper is a leading full-line supplier of products for the papermaking process. Through innovative treatment technologies and closed water loops that enable a wastewater-free papermaking process, Voith Paper sets standards in the field of resource-conserving paper production.
Learn moreVoith Turbo offers innovative drive systems and solutions to meet the need for greater efficiency and sustainability. Among other things, Voith is forcing its way into the wind power market through the acquisition of the Voith subsidiary ELIN Motoren GmbH and cooperation agreements with international wind turbine manufacturers.
Learn moreOur focus areas
Integrity
Responsibility for Society
Environment
Employees
Products
Supply Chain
Transparent actions
With this new sustainability report we are once again making our actions transparent. After all, our stakeholders decide whether our sustainability measures are successful: Their assessment forms the benchmark for our actions, as this reflects the effectiveness of our activities in the respective fields of action.
Contact
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