Climate Change Data

WILO SE

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Sustainability

Environmental Achievements

  • Achieved energy savings of 2.0 TWh in 2023 through the use of Wilo high-efficiency pumps (exceeding the annual savings target of 1.8 TWh).
  • Wilo Changzhou Park certified as carbon neutral by TÜV Rheinland.

Social Achievements

  • Groundbreaking ceremony for the new Health Cube at the Wilopark, benefiting Wilo employees and the Dortmund region.
  • Wilo and the German Sustainability Award Foundation awarded the first ever International German Sustainability Award (INDP), recognizing sustainable partnerships between German and Global South companies.
  • Organized the WINGS Champions Summit for the 10th time, bringing together top innovators and experts.

Governance Achievements

  • EcoVadis awarded Wilo Group a platinum medal for its commitment to sustainability for the second consecutive year.
  • WILO SE successfully completed the largest financing package in its history, including an ESG component.

Climate Goals & Targets

Long-term Goals:
  • Achieve climate neutrality by 2050.
Medium-term Goals:
  • Above-average growth in net sales to over EUR 3 billion with profitability of more than 14.0 percent (EBITDA margin) by 2030.
Short-term Goals:
  • Mid-single-digit net sales growth and corresponding increase in EBITDA for 2024.

Environmental Challenges

  • Geopolitical risks (Russia's war in Ukraine, Middle East conflict).
  • High interest rates, inflation, and uncertain economic outlook.
  • Supply chain disruptions.
  • Competition risk.
  • Currency fluctuations.
Mitigation Strategies
  • Region-for-region approach to minimize risks of major upheaval.
  • Intensified localization of production networks.
  • Multiple sourcing and redefined stock buffers.
  • Focus on product lines with unique selling propositions.
  • Use of derivative financial instruments to reduce financial risks.
  • Targeted acquisitions to strengthen market position and diversify geographically.

Supply Chain Management

Responsible Procurement
  • Multiple sourcing
  • Financial screening of suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of energy-efficient products and systems

Sustainable Products & Innovation

  • Wilo-SiBoost2.0 Smart Helix VE
  • Wilo-SiFresh cold drinking water system
  • Wilo-Stratos PICO-Z
  • DrainLift SANI CUT series

Awards & Recognition

  • German Brand Award
  • EcoVadis Platinum medal