GEA Group Aktiengesellschaft
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:33,018 tCO2e (market-based)
Scope 1 Emissions:32,292 tCO2e
Scope 2 Emissions:3726 tCO2e
Scope 3 Emissions:36,573,261 tCO2e
Renewable Energy Share:37.3%
Total Energy Consumption:243,498 MWh
Water Consumption:50,210 m3
Waste Generated:13,437 tons
Carbon Intensity:0.14 tCO2e per MWh (market-based)
ESG Focus Areas
- Climate change
- Diversity & Inclusion
- Responsible operations
- Supply chain sustainability
- Human rights
Environmental Achievements
- Reduced greenhouse gas emissions by 35.8% (market-based) compared to 2021. Achieved 37.3% renewable energy share in total energy use.
- Developed GEA AddCool, a heat pump solution for spray dryers reducing power consumption by up to 50% and carbon footprint by up to 50%.
- Waste recovery rate of 96% exceeding the 2026 target of 95%.
Social Achievements
- Increased employee participation in the annual survey to 82% with improvements across most areas.
- Launched “Learn to Lead” and “Master to Lead” leadership development programs.
- Implemented Diversity & Inclusion concept with targets for women in management positions.
Governance Achievements
- Published Declaration of Conformity with the German Corporate Governance Code.
- Implemented a robust compliance management system with a high level of certification.
- Improved ESG ratings from various agencies (e.g., MSCI upgrade to AAA).
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2040
Medium-term Goals:
- Reduce Scope 3 greenhouse gas emissions by 18% by 2030
- Reduce Scope 1 and 2 greenhouse gas emissions by 60% by 2030
- Enable customers to operate machinery without additional freshwater use by 2030
- Packaging-related products to use sustainable packaging materials by 2030
- Increase proportion of women at top three management levels to 21% by 2026
- 80% of employees to recommend GEA as a good employer by 2026
Short-term Goals:
- Reduce water consumption by 2.1% annually
- Reduce waste by 2.1% annually
- Reduce NOx emissions by 1.5% annually
- Achieve 50% renewable energy share by 2026
- All preferred suppliers to meet GEA’s sustainability criteria by 2026
Environmental Challenges
- War in Ukraine
- Rising inflation
- Supply chain uncertainties
- Rising energy and raw material costs
- Global supply chain disruptions
Mitigation Strategies
- Increased safety stock levels
- Prioritized local sourcing
- Enhanced supply chain monitoring
- Implemented efficiency measures
- Developed alternative sourcing strategies
Supply Chain Management
Supplier Audits: 299 in 2022
Responsible Procurement
- GEA Code of Conduct for Suppliers and Subcontractors
- EcoVadis sustainability assessments
- Science-based emissions targets for suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products
- Growth in new food sector
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018
Third-party Assurance: KPMG AG Wirtschaftsprüfungsgesellschaft
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
- Goal 8 (Decent Work and Economic Growth)
- Goal 3 (Good Health and Well-being)
GEA's initiatives contribute to these goals through energy efficiency improvements, emissions reductions, sustainable supply chain practices, and employee well-being programs.
Sustainable Products & Innovation
- GEA AddCool
- GEA AromaPlus PRO
- DairyFeed F4500
- NexGen Press®
Awards & Recognition
- Investors' Darling 2022
- Inclusion in Dow Jones Sustainability Europe Index
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Biodiversity
- Water Management
- Waste Management
- Supply Chain Sustainability
- Human Rights
- Energy Efficiency
Environmental Achievements
- Intends to run existing buildings in a climate-neutral manner by 2040
- Aims to reduce energy consumption at all sites
- Goal to reduce gas consumption by 20% at all sites
- Goal of reducing energy consumption by 1.5% per year
- Aims to achieve net-zero greenhouse gas emissions across the entire value chain by 2040
- Goal to reduce greenhouse gas emissions by 60% in scope 1 and 2 and by 18% in scope 3 by 2030 (compared to 2019)
- Goal of reducing NOx emissions by 1.5% per year
- Goal of achieving a 100% waste recycling rate in the long term
- Goal to reduce the amount of waste by 2.1% per employee per year
- Commitment to a continuous reduction of 1.5% per year of hazardous waste generated
- Goal of reducing water consumption by 2.1% per employee per year at production sites
Social Achievements
- Commitment to the highest environmental and social standards in line with OECD Guidelines, UN SDGs, ILO Core Labour Standards, UN Guiding Principles on Business and Human Rights, and the International Bill of Human Rights
- Supplier Code of Conduct promoting environmentally friendly business practices
- Training programs for employees and business partners on environmental responsibility
- Continuous monitoring and reporting of GEA’s water consumption at production sites
- Cooperation with governments, NGOs, and institutions to provide water treatment technologies
Governance Achievements
- Annual review of the Environmental Responsibility Policy by the policy owner and stakeholders
- Compliance with all applicable environmental legislation
- Health, safety, and environment compliance audits
- Supplier and subcontractor audits
- Introduction and further development of environmental and energy management systems in accordance with ISO standards
- Regular assessment of environmental risks and chances including internal and external stakeholder analysis
- Corporate processes and controls specific to the environment
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero greenhouse gas emissions across the entire value chain by 2040
- Achieve 100% waste recycling rate
Medium-term Goals:
- Reduce greenhouse gas emissions by 60% in scope 1 and 2 and by 18% in scope 3 by 2030 (compared to 2019)
- Offer customers the option of “zero fresh water consumption” for plant and machinery operation by 2030
- Introduce recycling management in spare parts business by 2026
Short-term Goals:
- Reduce energy consumption at all sites
- Reduce gas consumption by 20% at all sites
- Reduce energy consumption by 1.5% per year
- Reduce water consumption by 2.1% per employee per year at production sites
- Reduce NOx emissions by 1.5% per year
- Reduce waste by 2.1% per employee per year
- Reduce hazardous waste by 1.5% per year
Environmental Challenges
- Climate change impacts on operations and supply chain
- Water scarcity in certain regions
- Waste generation and management
- Greenhouse gas emissions across the value chain
- Potential risks associated with chemicals and hazardous substances
Mitigation Strategies
- Climate risk and vulnerability analysis
- Implementation of energy efficiency measures (LED lighting, insulation, efficient machinery)
- Increased use of renewable energy sources
- Waste reduction and recycling initiatives
- Hazardous waste management in accordance with local regulations
- Water conservation measures at production sites
- Development of water strategy
- Supplier engagement on environmental responsibility
- Compliance with legal requirements for chemicals and hazardous substances
Supply Chain Management
Responsible Procurement
- Code of Conduct for Suppliers and Subcontractors promoting resource conservation, contamination avoidance, and environmentally sound practices
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ESRS E1, ESRS E3
Certifications: ISO 14001 (mentioned for some sites)
UN Sustainable Development Goals
- UN SDG 6 (Clean Water and Sanitation)
- UN SDG 7 (Affordable and Clean Energy)
- UN SDG 12 (Responsible Consumption and Production)
- UN SDG 13 (Climate Action)
GEA's initiatives contribute to these goals through water conservation, renewable energy use, waste reduction, and climate change mitigation efforts.
Sustainable Products & Innovation
- Energy-efficient production facilities
- Sustainable packaging solutions