Climate Change Data

Voith GmbH & Co. KGaA

Climate Impact & Sustainability Data (2008-10 to 2010-09, 2010-10 to 2011-09, 2011-10 to 2012-09, 2015-10 to 2016-09, 2016-10 to 2017-09, 2022-10 to 2023-09)

Reporting Period: 2008-10 to 2010-09

Environmental Metrics

Total Carbon Emissions:181,054 tCO2e/year
Total Energy Consumption:647,019 MWh/year
Water Consumption:1,600,000 m³/year
Waste Generated:49,289 tons/year

ESG Focus Areas

  • Management
  • Economics
  • Environmental Protection
  • Product Responsibility
  • Employees
  • Society

Environmental Achievements

  • Reduced waste volume in relation to annual sales by 4.3% in fiscal year 2009/10.
  • Reduced freshwater consumption by approximately 182,000 m³ in fiscal year 2009/10.
  • Reduced CO2 emissions in relation to annual sales by 2.3% in fiscal year 2009/10 despite increased energy consumption.

Social Achievements

  • Maintained the number and quality of apprenticeships and trainee programs during the economic recession.
  • Group-wide fluctuation rate of 1.8% in fiscal year 2009/10.
  • Significant drop in industrial accidents over the last four years.

Governance Achievements

  • Issued Voith Code of Conduct in October 2009.
  • Established a Compliance Committee.
  • Few infringements of the Voith Code of Conduct in the last fiscal year.

Climate Goals & Targets

Medium-term Goals:
  • Increase the number of women in senior management positions to 10% by autumn 2015.
Short-term Goals:
  • Reduce waste in relation to annual sales by 10% by fiscal year 2015/16.
  • Reduce freshwater consumption in relation to annual sales by 5% by fiscal year 2012/13.
  • Reduce CO2 emissions in relation to annual sales by 10% by fiscal year 2015/16.
  • Implement Voith Leadership Concept by 2015.
  • Reduce work accidents per 1 million working hours to less than 5 by fiscal year 2010/11 (less than 2 in the medium term).

Environmental Challenges

  • Lack of qualified personnel.
  • Corruption.
  • Environmental risks.
  • Innovation risks.
  • Procurement risks (supply shortfalls and non-observance of environmental and social standards).
Mitigation Strategies
  • Training and education programs, international development plans, performance-related remuneration systems, family-friendly personnel policies, and flexible working hours to retain employees.
  • Compliance committee and standardized procedures to prevent corruption.
  • Integrated management system to monitor adherence to environmental protection rules.
  • Investment in research and development to minimize innovation risks.
  • Dual Sourcing for basic materials and audits of suppliers to address procurement risks.

Supply Chain Management

Responsible Procurement
  • Voith General Delivery Conditions with sustainability clause.
  • Supplier management system considering sustainability criteria.
  • Supplier portal for registration and self-assessment.

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products and services; utilization of renewable energies.

Reporting Standards

Frameworks Used: GRI G3 Guidelines

Sustainable Products & Innovation

  • Integrated EcoMill concept, Limpet wave power plant, WinDrive, SteamTrac, Voith Aquatarder, ATMOS drying and compression process.

Reporting Period: 2010-10 to 2011-09

Environmental Metrics

Total Carbon Emissions:188,376 tCO2e/year
Scope 1 Emissions:48,322 tCO2e/year
Scope 2 Emissions:140,054 tCO2e/year
Renewable Energy Share:14%
Total Energy Consumption:602,758 MWh/year
Water Consumption:1,661,287 m3/year
Waste Generated:56,136 tons/year

ESG Focus Areas

  • Sustainable Business Practices
  • Environmental Protection
  • Product Responsibility
  • Employees
  • Society

Environmental Achievements

  • Reduced effective waste volume by 8.1% compared to 2008/09
  • Reduced effective freshwater consumption by 16.3% compared to 2008/09
  • Reduced specific CO2 emissions by 5.8% compared to 2008/09

Social Achievements

  • Increased childcare places for employees' children
  • Offered flexible working hours and part-time models
  • Conducted annual customer satisfaction surveys

Governance Achievements

  • Completed the first phase of IDW EPS 980 certification for compliance management system
  • Trained 59% of workforce on compliance-related topics

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce accident rate to less than 2 accidents per million working hours
  • Develop a global diversity strategy by 2011/12
  • Increase share of women at senior management level to 10% by fall 2015
Short-term Goals:
  • Reduce waste volume by 10% by 2015/16
  • Reduce freshwater consumption by 5% by 2015/16
  • Reduce production-based CO2 emissions by 10% by 2015/16
  • Increase share of goods and services procured from assessed suppliers to 85% by 2011/12
  • Complete certification phases 2 and 3 of compliance management system by 2013/14
  • Train all employees on compliance by end of 2012

Environmental Challenges

  • Demographic change impacting workforce
  • Global uncertainties impacting economic growth
  • Structural falls in business with graphical paper machines
Mitigation Strategies
  • Country-specific programs and initiatives to address demographic change
  • Long-term planning and systematic risk management
  • Diversified product portfolio and global presence

Supply Chain Management

Supplier Audits: 61% of goods and services procured from assessed suppliers in 2010/11; aiming for 85% by 2011/12

Responsible Procurement
  • General Conditions of Purchase (AEB)
  • Voith Code of Conduct
  • Supplier portal for registration and sustainability information

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products
  • Harnessing ocean energies

Reporting Standards

Frameworks Used: GRI G3.1

Certifications: ISO 14001, ISO 9001, OHSAS 18001

Third-party Assurance: Ernst & Young (financial data only)

Sustainable Products & Innovation

  • Integrated EcoMill
  • Hydrodynamic retarders
  • DIWAhybrid system
  • Fish-friendly turbines

Awards & Recognition

  • European Transport Prize for Sustainability

Reporting Period: 2011-10 to 2012-09

Environmental Metrics

ESG Focus Areas

  • Sustainability
  • Environmental Protection
  • Resource Efficiency
  • Employee Well-being
  • Social Responsibility
  • Compliance

Environmental Achievements

  • Increased production of renewable energy (hydropower)
  • Development of ATMOS technology, reducing energy consumption in tissue paper production by up to 50%
  • Development of CTC technology, enabling thermal energy and mineral recovery from paper sludge
  • Development of StreamDiver, a small hydropower plant concept minimizing environmental impact

Social Achievements

  • Created 1,636 new jobs throughout the Group
  • Implemented a global e-learning program on compliance for over 20,000 employees
  • Initiated a Group-wide diversity management project
  • Implemented a mentoring model for knowledge transfer across national borders
  • Improved safety standards in various industries (automotive, energy)

Governance Achievements

  • Introduced Voith Code of Conduct in 2009
  • Established a Compliance Committee reporting directly to the CEO
  • Implemented a Group-wide risk management system
  • Improved internal control system (ICS)

Climate Goals & Targets

Environmental Challenges

  • Uncertain global economic outlook due to the Eurozone crisis
  • Structural shift in the paper market towards digital media, impacting demand for graphic grade paper machines
  • Increased competition in the paper market, particularly in Asia
  • Slowdown in the global hydropower market after a record year
  • Sluggish growth in the aerospace industry
Mitigation Strategies
  • Restructuring measures at Voith Paper to adapt to market changes
  • Strengthening product and service business at Voith Paper
  • Focusing on smaller, more flexible paper machines for packaging and tissue
  • Deepening roots in Asian growth markets
  • Streamlining services portfolio at Voith Industrial Services
  • Acquisitions and joint ventures to expand market reach

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities
  • Hydropower as a clean energy source

Reporting Standards

Frameworks Used: IFRS

Third-party Assurance: Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, Stuttgart

Sustainable Products & Innovation

  • ATMOS technology
  • CTC technology
  • StreamDiver
  • ProTect measurement system
  • FlowJec dosing system
  • Voith Linear Jet
  • Galea rail vehicle head concept
  • DIWA.6 automatic transmission
  • LP 725 air compressor

Awards & Recognition

  • Best Company in the Brazilian Capital Goods Industry (Exame)
  • Best Company in the Engineering and Metal-Working Sector (Época)
  • Energy Conserving Machinery Award 2011 (Japan Machinery Federation)
  • Various safety awards from automotive and energy customers

Reporting Period: 2015-10 to 2016-09

Environmental Metrics

Total Carbon Emissions:147,341 t CO2e/year
Renewable Energy Share:14.8%
Total Energy Consumption:452,294 MWh/year
Water Consumption:1,046,912 m3/year
Waste Generated:36,989 tons/year

ESG Focus Areas

  • Environmental Management
  • Occupational Health and Safety
  • Employee Development
  • Supply Chain Responsibility
  • Product Responsibility

Environmental Achievements

  • Reduced energy consumption by 6.5% (15.6% since 2011/12), aiming for 20% reduction by 2017/18.
  • Reduced waste by 13.2% (18.7% since 2011/12), aiming for 25% reduction by 2017/18.
  • Reduced freshwater consumption by 24.9% (over 30% since 2011/12), exceeding the 10% target by 2017/18.
  • Reduced GHG emissions by 4.1% to 147,341 t CO2e.

Social Achievements

  • Launched a Group-wide Diversity&Inclusion (D&I) program.
  • Established a women’s network in Germany and a Female Talent Meeting in South Africa.
  • Improved occupational medical care at German locations.
  • Implemented a new Group-wide organizational structure for HR activities.

Governance Achievements

  • Implemented a new Group Directive on Sustainability.
  • Established a Sustainability Advisory Committee.
  • Revised the Voith Code of Conduct.
  • Established a business-partner structure for the HSE organization.

Climate Goals & Targets

Short-term Goals:
  • Reduce energy consumption by 20% by 2017/18.
  • Reduce waste by 25% by 2017/18.
  • Reduce freshwater consumption by 10% by 2017/18.

Environmental Challenges

  • Workforce changes due to the Voith 150+ program.
  • Increasing digitization impacting employee skills.
  • Challenges in increasing material efficiency in project businesses.
  • Controlling complex and heterogeneous supply chains.
  • New policies and legislation eroding intellectual property protection.
Mitigation Strategies
  • Socially acceptable workforce restructuring measures.
  • Overhauled HR Strategy with focus on talent management, workforce planning, performance management, and change management.
  • Developed a practical standard methodology for material efficiency in project business and mass production.
  • Implemented Supplier Self Assessments and evaluations.
  • Updated General Purchase Conditions (GPCs).

Supply Chain Management

Supplier Audits: 2,441 evaluations for 1,956 suppliers

Responsible Procurement
  • General Purchase Conditions (GPCs)
  • Code of Conduct
  • Supplier Self Assessments

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 Core

Sustainable Products & Innovation

  • OnCare product family
  • VoreconNX
  • FlexPad
  • RailPack

Awards & Recognition

  • DEKRA Award 2016 for accident prevention
  • Most Valuable Case Award from the Human Resource Excellence Center for lifelong learning model (China)

Reporting Period: 2016-10 to 2017-09

Environmental Metrics

Total Carbon Emissions:158,876 t CO2e
Scope 1 Emissions:26,442 t CO2e
Scope 2 Emissions:130,506 t CO2e
Scope 3 Emissions:37,480 t CO2e
Renewable Energy Share:18.2%
Total Energy Consumption:453,012 MWh
Water Consumption:1,040,967 m³
Waste Generated:30,786 tons
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Management
  • Occupational Safety
  • Personnel Management
  • Societal Engagement
  • Product Responsibility
  • Supply Chain Responsibility

Environmental Achievements

  • Reduced energy consumption by 14.8% compared to 2011/12 (targeting 20% by 2017/18)
  • Reduced freshwater withdrawal by 30.9% compared to 2011/12 (targeting 40% by 2021/22)
  • Reduced waste volume by 31.7% compared to 2011/12 (targeting 35% by 2021/22)
  • Achieved €11 million annual savings through environmental management since 2011/12

Social Achievements

  • Improved occupational safety record with 1.4 accidents per 1 million working hours
  • Launched a new supplier management system
  • Expanded the Global Graduate program to include IT
  • Launched the Social Internship program for apprentices

Governance Achievements

  • Completed Group transformation launched in 2013
  • Launched Voith 150+ Next Level excellence program
  • Established a global HSE matrix certification system
  • Implemented the UK Modern Slavery Act declaration

Climate Goals & Targets

Long-term Goals:
  • Achieve 90% reduction in Scope 1 & 2 CO2e emissions by 2049/50
Medium-term Goals:
  • Reduce energy consumption by 30% by 2021/22
  • Reduce freshwater withdrawal by 40% by 2021/22
  • Reduce waste volume by 35% by 2021/22
  • Reduce Scope 1 & 2 CO2e emissions by 35% by 2024/25
Short-term Goals:
  • Reduce energy consumption by 20% by 2017/18
  • Reduce freshwater withdrawal by 10% by 2017/18
  • Reduce waste volume by 25% by 2017/18
  • Achieve 25% reduction in CO2 emissions from power consumption by 2021/22

Environmental Challenges

  • Changing labor market conditions
  • Increasing digitization
  • Competition for qualified employees
  • Managing complex supply chains
  • Meeting stringent environmental regulations
  • Maintaining high quality and safety standards
Mitigation Strategies
  • Focus on talent management, workforce planning, and HR excellence
  • Investment in digital products and services (€100 million)
  • Improved recruitment processes and HR marketing
  • Supplier self-assessments and evaluations
  • Continuous improvement processes and Green Controlling
  • TRQM system for risk and quality management

Supply Chain Management

Supplier Audits: 710 evaluations on 566 suppliers (36% of invoice volume)

Responsible Procurement
  • Code of Conduct
  • General Purchasing Conditions (GPCs)
  • Supplier Self-Assessment (SSA)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, OHSAS 18001, ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Energy-efficient products across all divisions
  • MerQbiz digital trading platform
  • Industry 4.0 solutions

Awards & Recognition

  • oekom research AG Prime Status
  • Nominated for Baden-Württemberg Environmental Award
  • Employer Excellence Award in China
  • Fair Company seal
  • DAPR certificate for training/volunteering program
  • DEKRA Award 2016
  • Nominated for Deutscher Arbeitsschutzpreis

Reporting Period: 2022-10 to 2023-09

Environmental Metrics

Total Carbon Emissions:88,663 t CO2e/year
Scope 1 Emissions:56,555 t CO2e/year
Scope 2 Emissions:32,108 t CO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:73.8% of total electricity consumption
Total Energy Consumption:633,549 MWh/year
Water Consumption:1,089,297 m3/year
Waste Generated:47,978 tons/year
Carbon Intensity:16.1 t CO2e/million € sales revenue

ESG Focus Areas

  • Sustainable Corporate Governance
  • Product Responsibility
  • Supply Chain
  • Environment
  • Society
  • Employees

Environmental Achievements

  • Reduced GHG emissions by 13% to 88,663 t CO2 (previous year: 101,957 t CO2)
  • Reduced energy consumption from 692,645 MWh to 633,549 MWh
  • Reduced freshwater withdrawal by 7% to 1,089,297 m³
  • Reduced total waste generated by 6,101 t to 47,978 t

Social Achievements

  • Launched a multilingual e-learning course on sustainability, with 1,121 employees completing the program
  • Reduced Group-wide employee turnover rate to 11% (previous year: 12.1%)
  • Increased proportion of female employees to 19.4% (previous year: 18.4%)
  • Increased proportion of women in Senior Management Circle to 13.6% (previous year: 11.8%)

Governance Achievements

  • Joined the UN Global Compact
  • Committed to the Science Based Targets initiative (SBTi)
  • Expanded Compliance Management System (CMS)

Climate Goals & Targets

Long-term Goals:
  • Reduce CO2 emissions at locations by 90% by 2049/50 (compared to 2016/17)
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Increase energy efficiency by 12.5% by 2026/27 (compared to 2021/22)
  • Increase self-generated renewable energy to 16 GWh/year by 2026/27
  • Reduce water consumption by 1% annually until 2026/27
  • Reduce waste volume by 1% annually until 2026/27

Environmental Challenges

  • Increasing material prices, transport costs, and wages
  • Achieving ambitious climate protection goals
  • Identifying further economically feasible efficiency projects for water consumption reduction
  • Maintaining high data quality and comparability across diverse global operations
Mitigation Strategies
  • Efficiency gains, cost discipline, differentiated procurement strategies
  • Implementing Green Controlling process
  • Focusing on locations in water-stressed regions for water withdrawal planning
  • Globally uniform management approach within EBM framework

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Code of Conduct
  • General Purchasing Conditions (GPC)
  • Compliance and Sustainability questionnaire for suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Weather-related damage to buildings and facilities
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of energy-efficient products and renewable energy solutions

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001, ISO 45001, ISO 50001 (12 locations)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • StreamDiver turbines
  • HyCon GoHybrid turbine governors
  • VEDS electric drive system
  • AiroGuide Tune Green bio-based guide roll cover
  • CleanLine Excell cleaning system

Awards & Recognition

  • German Sustainability Award 2023 (XcelLine paper machine)
  • Environmental Technology Award (VEDS)
  • University of Notre Dame Procurement Partner Sustainability Award