Endress+Hauser Improves Further in Independent EcoVadis Audit
At Endress+Hauser in Gerlingen, Germany, a ‘wind tree’ with tiny turbines generates green energy. (Image source: Endress+Hauser AG)
Endress+Hauser achieved further improvements in the areas of environment and sustainable procurement. In terms of ethics, labor and human rights, the Group was able to maintain its very good position in the benchmark comparison. As a result, Endress+Hauser entered the top group in terms of results and now achieves a platinum medal after the gold standard – the highest performance level of the EcoVadis audit.
Sustainable corporate culture
The idea of sustainability is deeply rooted at Endress+Hauser. “Comprehensive responsibility is a core value of our corporate culture. As a family business, we want to combine economic success with ecological and social progress,” emphasized CEO Matthias Altendorf. Since 2014, therefore, Endress+Hauser has been producing a sustainability report together with its annual report, which relates ecological, social and economic factors.
The annual EcoVadis audit serves as a key strategic indicator for the sustainability of Endress+Hauser’s development. The goal is continuous improvement in this area as well. “We support our customers in producing sustainably. That’s why we also want to be a leader in terms of the sustainability of our business and production processes,” said CFO Dr Luc Schultheiss.
Endress+Hauser’s products, solutions and services help customers in the process industry to use resources efficiently, reduce pollutant emissions, avoid waste and protect the environment. But the company is also continuously improving its own ecological footprint. For example, Endress+Hauser increasingly supplies buildings and infrastructure with sustainably generated energy, and video conferencing reduces travel.
EcoVadis uses 21 criteria from the environmental, social and ethical fields to evaluate companies worldwide in terms of their sustainability. In addition to a sector comparison, companies receive suggestions for improvement. They can also rate their own suppliers accordingly on an internet platform. To date, around 75,000 companies worldwide have been certified by EcoVadis.
Source: Endress+Hauser AG