The technology group’s sustainability commitment is therefore officially contributing to the 1.5 degree target as agreed in the Paris Agreement.
“This successful validation encourages us to hold our ambitious course,” says Oliver Hermes, president & CEO of the Wilo Group.
Wilo has, among other things, committed to reducing its absolute Scope 1 and Scope 2 emissions by 50% by 2030 and by 90% by 2050 based on figures from 2020. The absolute Scope 3 emissions are to be reduced by 25% by 2030 and 90% by 2050 based on the same year. Additionally, the emission of greenhouse gases is to be reduced to net zero along the entire value chain by 2050.
The company recently unveiled a comprehensive overhaul of its strategic perspective, prioritising its sustainability strategy. “All other functional corporate strategies – such as sales, production and procurement – are now considered subordinate and thus aligned even more to our sustainability goals,” says Hermes. The heart of the Wilo sustainability strategy includes the commitment to do the utmost to contribute to achieving international climate protection goals. “Joining the Science Based Target initiative is thus only logical,” adds Hermes.
“We are also pursuing ambitious goals that go beyond those of the SBTi,” explains Georg Weber, member of the executive board and CTO of the Wilo Group. “We will already manufacture climate neutrally at all Wilo sites by next year.”
The Wilo Group’s sustainability commitment was recognised by EcoVadis last year with the award of a platinum medal.
“We happen to be a climate protect company – and we take this responsibility very seriously,” says Hermes.