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Voith receives silver recognition level in EcoVadis CSR assessment

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Voith receives silver recognition level in EcoVadis CSR assessment

February 27, 2020 - 06:06
Posted in:
    SAO PAULO, Brazil, Feb. 27, 2020 (Press Release) -
  • Assessment carried out by an institution that certifies best practices according to the ISO 26000 standard
  • Methodology analyzed Voith’s initiatives in areas of environment, labor & human rights, ethics and sustainable procurement

Voith, a full-line supplier to the papermaking industry, was recently awarded a silver medal in the category of manufacture of special-purpose machinery in EcoVadis' sustainability management assessment. EcoVadis is internationally acknowledged for its sustainability ratings on global supply chains and has already assessed more than 300 companies in 150 countries.

To compose the companies’ scores, the Corporate Social Responsibility (CSR) assessment system examines 21 criteria grouped into four major themes: environment, labor practices & human rights, ethics and sustainable procurement.

In addition to the data and documents shared by participating companies, the audit also collects information and opinions from stakeholders using the complementary 360° observation screening, which seeks to broaden the assessment of companies’ ethical conduct, as well as their social and environmental management. The audit process also reviewed more than 100,000 sources, including the media, government, unions, NGOs and other business networks.

EcoVadis' methodology complies with the ISO 26000 corporate social responsibility standard and is also referenced by international guidelines of the United Nations Global Compact and Global Reporting Initiative (GRI).

The solutions, services and products Voith delivers to its customers reflect its ongoing efforts to achieve an increasingly sustainable operating cycle within the company. The award also reflects the company's commitment to the improvement, efficiency and evolution of its management and business practices.

About the Voith Group

The Voith Group is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, oil & gas, paper, raw materials and transport & automotive. Founded in 1867, the company today has more than 19,000 employees, sales of € 4.3 billion and locations in over 60 countries worldwide and is thus one of the larger family-owned companies in Europe.

The Group Division Voith Paper is part of the Voith Group. As the full-line supplier to the paper industry, it provides the largest range of technologies, services, components and products on the market and offers paper manufacturers solutions from one single source. The company’s continuous stream of innovations takes papermaking to the next level and facilitates resource-conserving production. With its Servolution concept, Voith offers its customers tailored service solutions for all sections of the production process. Voith Papermaking 4.0 ensures that equipment is optimally connected, while the secure use of generated data enables paper manufacturers to improve plant availability and efficiency.