EcoVadis Recognises INNIO for Solid Progress and Execution of ESG Strategy
INNIO announced that EcoVadis had bestowed a platinum medal on the INNIO Group, including its Jenbacher and Waukesha product lines, as part of its sustainability performance rating, putting INNIO in the top 1% of all businesses evaluated by EcoVadis.
This platinum award acknowledges advances and contributions to sustainable growth over the past year, with considerable score improvements in Environment and Sustainable Procurement, as well as ongoing strong performance in Labour & Human Rights and Ethics.
Olaf Berlien, President and CEO of INNIO, said:
"I am extremely proud that INNIO has been awarded the EcoVadis platinum medal. After having already been ranked number one globally amongst companies with the lowest risk within the machinery industry by Sustainalytics, EcoVadis now places us among the top 1% of all evaluated businesses worldwide. This demonstrates INNIO’s commitment to empowering the net zero transition while ensuring that our employees are fully engaged at the workplace and providing continuous support through our diversity and inclusion efforts.
EcoVadis' annual assessment focuses on 21 issues divided into themes, including the environment, labour and human rights, ethics, sustainable procurement, and a carbon scorecard.
These criteria are based on worldwide sustainability standards such as the Global Compact Principles, International Labour Organisation Conventions, and the Global Reporting Initiative standard.
The platinum medal rating reflects INNIO’s continued commitment to its sustainability efforts in 2022. INNIO’s accomplishments included the following:
- Innovating in technology and connected environmental goals and ambitions;
- standardising and enhancing non-financial disclosures and receiving third-party ESG assurance;
- Improving carbon intensity from internal operations in line with set goals and ESG strategy;
- Maintaining detailed and transparent records in health and safety, human capital, procurement processes, materials and waste management, and circularity;
- Innovating products and digital solutions leading to decarbonisation.
Source: INNIO
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