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 and participate in various sustainability ratings and rankings throughout the year.
The independent rating agency ISS ESG has rated Voith B- for the third time in a row in 2023.This makes us one of the best companies in the machinery and plant engineering sector worldwide.
As part of the international sustainability rating EcoVadis, Voith was again awarded the silver medal in 2024 and ranks among the top 15% of all companies assessed by EcoVadis.
Sustainability ratings are playing an increasingly important role for banks and customers. In this way, ecological and social improvements lead to concrete economic benefits - that's what sustainable action is all about.
In January 2024 we joined the world’s largest initiative for responsible and sustainable corporate governance, the United Nations Global Compact, to further underscore our commitment to sustainable business practice. We have given a clear and resounding affirmative to participating in this international network and to committing ourselves to the ten global principles of the Global Compact, including human and labor rights, diversity, and anti-corruption.
Our contribution to climate protection and resource conservation
In January 2024, Voith joined the Science Based Targets initiative (SBTi), the world's leading climate target-setting organization, to drive its climate protection strategy even more effectively. In February 2025, the organization officially confirmed that Voith’s submitted targets are science-based and in line with the goals of the Paris Climate Agreement.
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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.
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Voith 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.
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Voith 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.
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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.
The statement by the Voith Group Corporate Board of Management regarding sustainability can be found here:
Additional ESG-Information can be found here:
Contact
Vice President Corporate Sustainability
If you have any questions or suggestions, please contact us.