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Voith Among the Top 10 of the Largest Family-owned Companies in the IW/future Sustainability Ranking 2015 - Voith came second among the major German mechanical engineering companies in the newly published 2015 sustainability ranking Voith is also one of the Top 10 family-owned companies - Voith.com
Voith Among the Top 10 of the Largest Family-owned Companies in the IW/future Sustainability Ranking 2015

 

PRZOOM - /newswire/ - Heidenheim, Baden-Wuerttemberg, Germany, 2016/09/30 - Voith came second among the major German mechanical engineering companies in the newly published 2015 sustainability ranking Voith is also one of the Top 10 family-owned companies - Voith.com. FSE: VO2A

   
 
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Ranked 2nd place for sustainability reporting by mechanical engineering companies;
32nd place ranking confirms Voith's commitment to sustainability.

How credible and good are the sustainability reports published by Germanys 150 largest companies? With funding from Germany's Ministry of Labour and Social Affairs the Institute for Ecological Economy Research (IW) has conducted a thorough study, with the "future verantwortung unternehmen" CSR initiative, of just these questions. Voith came second among the major German mechanical engineering companies in the newly published 2015 sustainability ranking Voith is also one of the Top 10 family-owned companies.

As part of its assessment, IW looked at how credibly Voith provided information about the social, ecological and economic impacts of its business activities, the goals and objectives the company has set itself and the measures it has taken to achieve them. Other criteria were the relevance of information provided and the overall quality of communication. "We are very pleased about the ranking as it confirms the quality of our sustainability work and our aim of getting better from year to year," comments Dr. Hubert Lienhard, President and CEO of Voith GmbH.

"As a family-owned company with a history stretching back almost 150 years Voith follows a long-term Corporate Strategy, anchored by the principle of sustainability and a commitment to Corporate Responsibility. Our goal is to make Voith a benchmark company in sustainability terms," Lienhard goes on to explain.

Voith scored best in the newly published ranking in the "Ecological aspects of production" and "Targets and programs" categories. The company continued along this road last year with energy savings of around 6.8% and reduction of waste of 6.0% being made in 2015, for example. In September 2015, the Pter Horvth Foundation awarded Voith its Green Controlling Prize for measuring and controlling the economic and ecological efficiency potentials of its business activities. Lienhard: "Our results for environmental management, in particular, demonstrate that we belong to Germany's best companies in this field. In the medium term we aim to consolidate our position among the top-ranked players and become a leader in our industries in all aspects of sustainability."

Voith (voith.com) sets standards in the markets for energy, oil & gas, paper, raw materials, transport & automotive. Founded in 1867, Voith employs more than 20,000 people, generates 4.3 billion euros in sales, operates in over 60 countries around the world and is now one of the biggest family companies in Europe.*

*Excluding the discontinued operation Voith Industrial Services.

 
 
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Agency / Source: Voith GmbH

 
 

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Voith Among the Top 10 of the Largest Family-owned Companies in the IW/future Sustainability Ranking 2015

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Voith | IW
Contact: Dirk Bckenhoff - Voith.com 
+49 7321 37-3456 dirk.bckenhoff[.]voith.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Voith GmbH securities in any jurisdiction including any other companies listed or named in this release.

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