Voith vows to be carbon neutral by 2022

German energy technology group Voith has pledged to become carbon neutral from 2022.

The company has said that from that date, none of its facilities worldwide “will leave a carbon footprint going forward”.

The group said this will be its “significant contribution to climate protection”.

“As a global technology company, we consider the efficient use of resources and energy at all locations worldwide to be part of our entrepreneurial responsibility,” said Voith president Dr Toralf Haag.

“By combining economic principles with ecological commitment, we are not only making a contribution to climate protection but are at the same time creating quantifiable added value for our company.”

He explained that Voith is going to switch to purchasing carbon-neutral electricity in the near future as well as offsetting unavoidable carbon emissions with compensation measures.

At present, Voith already purchases one third of its electricity needs from renewables and it will gradually increase this share, both in its own generation and in its purchasing.

It has also vowed to invest five million euros each year in energy efficiency, including its locations’ own generation.

In a statement, Voith said that energy efficiency “is a key lever in achieving carbon neutrality. In this respect, Voith is building on consistent environmental management.”

It added that “decarbonization not only makes a positive contribution to humankind and the environment but provides Voith with long-term economic benefits. Digitalization of industry and climate protection are strategic focus areas for Voith”.

“Climate change and digitalization are enormous challenges for the mechanical engineering industry but, at the same time, they provide immense opportunities. Over the longer term, Voith is adapting its own product portfolio to the decarbonization of industry and is simultaneously reducing its own carbon footprint.”

Haag added: “We continue on from Voith’s traditions as a family-owned company based on our understanding of sustainability: the obligation to ecologically clean and fair actions, and to return a profit over the long term. This is not only good for the environment and society in general but also makes economic sense.”

Voith has more than 19,000 employees in over 60 countries and is one of the largest family-owned companies in Europe.

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