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Excellence

in sustainability

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.

     
    In order to shape the future of our society sustainably, Voith wants to become a catalyst of a decarbonized industry in the digital age.
    Dr. Toralf Haag
    President and CEO
    In order to shape the future of our society sustainably, Voith wants to become a catalyst of a decarbonized industry in the digital age.
    Dr. Toralf Haag
    President and CEO

    We have our sustainability performance constantly examined through external ratings. The rating agency ISS ESG once again awarded Voith Prime status. Based on over 100 criteria, Voith’s environmental, social and economic performance has been rated above average. Ratings such as these are increasingly a major factor for banks as well. This is what sustainable business is all about - environmental and societal improvements leading to tangible economic benefits.

    Our fields of action

      Integrity

      Clear values define the way we conduct business: We are innovative, reliable, fair, sustainable, and ambitious. Our values, and the guidelines we derive from them, ensure that Voith acts according to a unified set of business principles and a consistent philosophy worldwide.

      Responsibility for Society

      We see ourselves as a company that plays an active social role – something that has been part of our DNA ever since we were founded. We focus on the areas of sports, education, social affairs, and culture.

      Environment

      Voith aims to identify ecological and economic potentials for improving our production processes and to minimize the environmental impacts of our operational activities.

      Employees

      Voith’s greatest strength is our capable and motivated employees. In order to meet the complex market requirements of our modern economy, we promote innovation and support the acquisition of new competencies.

      Products

      Voith wants to be a catalyst of a decarbonized industry. To this end, we continue to rely on promoting hydropower as a renewable energy source, to deliver paper production facilities that make efficient use of resources, and to work on systematic drivetrain electrification as well as alternative drives to facilitate eco-friendly mobility.

      Supply Chain

      Our fundamental principles on resource conservation, environmen­tal and social responsibility are anchored in our Purchasing strategy and the process descriptions in the Voith Purchasing Manual, right across all our supply chains.

      Our approach

        We take a systematic approach to implement our sustainability strategy and continuously improve in our fields of action. We routinely bring transparency to these topics, publish our objectives and activi­ties, and document our progress through internal reports several times a year.

        From 2022 onwards,
        all Voith locations
        worldwide will be
        climate neutral.

        Since 2011,
        Voith improved
        its energy efficiency
        by a total of 22 %.

        That is equivalent to the total (per annum) energy consumption of 5.400 households.

        Numerous
        Voith locations
        already generate
        climate-friendly electricity.

        For instance, since 2018 in Faridabad, India. Further projects worldwide are already being planned.

        Voith will
        continue to increase
        electricity purchases
        from renewable sources.

        Voith is currently meeting 44.5 % of its electricity requirements from renewable sources.

        Unavoidable emissions
        will be compensated -
        based on highest
        international standards.

        Voith underlines its commitment to sustainable development, by joining the "Alliance for Development and Climate" commissioned by the Federal Ministry for Economic Cooperation and Development and its usage of international standards.

        Transparent actions

          With this tenth successive 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

            If you have any questions or suggestions, please contact our centre of excellence for sustainability.

            Sustainability Office

             

            t +49 7321 37 6902

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