GF Retains Top Position in Climate and Water Rating

The London-based rating agency CDP has confirmed an "A-" rating (Leadership level) for GF for the second consecutive year for its efforts to tackle climate change and water security. GF also scored higher than the European and the Powered Machinery sector averages.
GF Retains Top Position in Climate and Water Rating

Headquarter, Georg Fischer Ltd, Schaffhausen, Switzerland (Image source: Georg Fischer AG)

Despite the impact of COVID-19 in 2020, GF has implemented a number of measures worldwide to reduce greenhouse gas emissions and energy consumption. Among these, GF has invested 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. Additionally, the company's CO2e target has been aligned with the official protocol of the Science-Based Target initiative (SBTi).

Andreas Müller, CEO of GF, said: "GF's ambition is to continue to have a positive impact on the people and the planet, to develop sustainable innovations and decouple resource consumption from growth. This achievement is a testimony to the efforts of our nearly 15'000 employees around the world, and one more step toward our vision to become a sustainability and innovation leader."

GF reports every year to CDP, a non-profit organization that founded the biggest and most commonly used database on carbon emissions and water consumption. The CDP 2021 reporting cycle covers activities from full-year 2020.

Initiatives to curb the negative effects of climate change and secure availability of water are at the core of GF's Sustainability Strategy and the Sustainability Framework 2025, which was released in March this year.

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