Vitesco Technologies Signs UN CEO Water Mandate
Andreas Wolf, the CEO of Vitesco Technologies, is one of the first people in the automotive supplier industry to sign the CEO Water Mandate. The initiative is backed by business leaders from all over the world and is part of the UN Global Compact. Its goal is to find long-term solutions to the growing global water crisis.
Vitesco Technologies is one of the top companies in the world when it comes to electric mobility solutions and modern powertrain technologies. Some of its sites, especially in Mexico and the United States, are in water-stressed areas, so the company is aware of its special responsibility.
"As a member of the CEO Water Mandate, we want to regularly discuss best practice solutions and current opportunities and risks in the area of water management with other companies. With our risk-based approach, we are focusing specifically on regions in the world where water is becoming increasingly scarce," said Andreas.
To do this, Vitesco Technologies is mostly working on efficiency projects that focus on using resources more than once and taking out as little water as possible. For example, from 2021 to 2024, the site in Juarez, Mexico, plans to carry out 30 efficiency projects. These include saving water for sanitation purposes and using condensate and rainwater for irrigation and toilet flushing.
In Seguin, USA, there are plans to send condensation water from air conditioning and ventilation systems to cooling towers in 2022. The company also plans to collect rainwater and reuse the water from cooling tower sludge as grey water for toilets. This will enable the company to reduce the drinking water it uses from the public water supply.
All Vitesco Technologies sites are always and regularly checked against the updated risk assessment tools from the World Resources Institute.
For the corresponding public reporting on water risks, consequences, and activities, the CEO Water Mandate provides valuable guidance. Among other things, member companies commit to measuring and monitoring operational water performance.
They set clear goals and strategies for managing water within the company, encourage efficient water use, and evaluate risks and effects on each river basin and its value chain. The initiative provides an overview of all member companies at Endorsing Companies-CEO Water Mandate.
Source: Vitesco Technologies
