GF Earns Top Climate and Water Rating for Environmental Leadership

08.02.2024
GF has secured an “A” score, the highest possible, by the global rating agency CDP for transparency and performance on climate change, after the company was awarded an “A-” for three consecutive years. For its ambitions around water security, GF has maintained its previous rating of “A-”.
GF Earns Top Climate and Water Rating for Environmental Leadership

Image source: Georg Fischer AG

CDP released its assessment of over 21’000 companies yesterday. GF is one of 346 companies that received an “A” rating for climate change. GF was praised for identifying and sharing information on risks that could significantly affect the business, either financially or strategically. For its ambitions around water security, GF has received an “A-” rating for the fourth consecutive year in a row. Environmental disclosure serves as a crucial measure for organizations to address present and future opportunities, as well as risks linked to climate change and water security.

“Earning a place on CDP’s A List marks an important milestone in our journey to become a sustainability and innovation leader and shows the progress we made as a company to enhance transparency on our environmental impact,” said Mads Joergensen, GF CFO. “This is a tremendous result and I wish to thank our teams around the world for their efforts to tackle climate change and increase water security.”

GF has implemented several measures worldwide to reduce greenhouse gas emissions and energy consumption, for example by investing in the purchase and self-generation of renewable electricity, as well as in energy efficient buildings by improving lights and insulations. GF is also increasingly capturing and re-using heat from production processes and using water in closed-loop cooling cycles.
Since 2012, GF has been reporting environmental data to CDP, a London-based non-profit that holds the largest environmental database on carbon emissions and water consumption in the world.

The CDP 2023 reporting cycle covers activities from full-year 2022.

More articles on this topic

Flender Receives the NRW.Global Business AWARD 2024

28.06.2024 -

There was great joy when Mona Neubaur, Deputy Prime Minister and Minister of Economic Affairs of North Rhine-Westphalia, presented the NRW.Global Business AWARD 2024 to Flender CEO Andreas Evertz on June 24th. Flender was one of four winners honored at the 20th anniversary of the AWARD at the K21 Ständehaus in Düsseldorf.

Read more

German Brand Award 2024: Three Accolades for Wilo

24.06.2024 -

The Wilo Group was honoured three times with the German Brand Award at a ceremony yesterday in Berlin. Gold in the category “Excellence in Brand Strategy and Creation: Brand Communication – Storytelling & Content Marketing” went to the “Scoring for Sustainability” campaign, which Wilo launched together with Borussia Dortmund. Together, the sports club and technology company want to place the importance of sustainability even more firmly at the centre of public attention.

Read more

ACHEMA Opening: Strong Call for International Cooperation

12.06.2024 -

At the ACHEMA Opening on 10 June 2024 German Federal Minister for Economic Affairs and Climate Action, Dr Robert Habeck, and thought leaders from the financial sector, the chemical industry and suppliers pointed out how the process industry is positioning itself within new global framework conditions. Their conclusion: The process industry is vital for the transformation of the economy and society as a whole and international cooperation is the order of the day to overcome the manifold challenges.

Read more

Record Figures at KSB’s Annual General Meeting

23.05.2024 -

In 2023, the Frankenthal-based pump and valve manufacturer KSB achieved its highest ever order intake and sales revenue. At 7.9 %, the EBIT margin exceeded its expectations for the financial year. At the Annual General Meeting on 8 May, Dr Bernd Flohr, Chairman of the Supervisory Board, expressed his satisfaction in view of the persistently difficult economic conditions.

Read more