EQS-News: ANDRITZ receives EcoVadis Gold Medal and sets new ESG targets

GRAZ, AUGUST 27, 2025.  International technology group ANDRITZ has received the gold medal from EcoVadis, placing it among the top 5% of over 150,000 companies assessed worldwide for sustainability performance. At the same time, ANDRITZ is setting new ESG (Environmental, Social, Governance) targets for 2030, having already surpassed most of its 2025 targets ahead of schedule.

EcoVadis recognized the quality of ANDRITZ’s sustainability management system and commitment to transparency throughout its value chain. It particularly noted the company’s expanded climate reporting to include scope 3 emissions and the validation of its climate targets by the Science Based Targets initiative (SBTi). These validated targets form an important part of ANDRITZ’s renewed sustainability program running until 2030.

ANDRITZ CEO Joachim Schönbeck said, “Sustainability is at the heart of how we innovate, operate, and grow. This recognition confirms our strategy and encourages us to further increase our efforts to enable the green transition and contribute to a healthy, thriving environment for today’s and future generations.”

The new targets are designed to align ANDRITZ with global climate goals, enhance employee well-being, and ensure responsible governance. They focus on:

Enabling the green transition
ANDRITZ aims to provide innovative low-carbon and resource-efficient solutions to its customers and reduce the environmental footprint of its own operations. KPIs track progress on climate protection, water conservation, and waste minimization. Climate targets (approved by SBTi) include a 42% reduction in scope 1 and 2 emissions and a 25% reduction in scope 3 emissions from 2023, in line with the Paris Agreement’s 1.5°C goal. The share of revenue from products enabling customers’ green transition is to increase to over 50%.

At the end of 2024, scope 1 and 2 emissions had already been reduced by more than 50% from 2019 and thus one year ahead of schedule. In the same period, water consumption had decreased by 14% and waste volume by 36% – significantly more than the 10% target that ANDRITZ had set itself in both categories for 2025.

Supporting people’s growth
ANDRITZ is committed to creating a safe and fair work environment that promotes equal opportunities and personal development. Measures focus on increasing the representation of women in leadership roles, reducing voluntary turnover, and enhancing employee engagement. Reducing work-related accidents remains a top priority.

Governing with integrity
ANDRITZ upholds high ethical standards and responsible business practices throughout its operations and value chain. The focus is on ensuring high sustainability standards among suppliers through assessments, social audits, and external ESG ratings. In addition, ANDRITZ aims to expand sustainability-related certification of its own operations.

An overview of the 2030 ANDRITZ ESG KPIs is provided in the table below.

ANDRITZ ESG KPIs 2026–2030 (base year: 2023)

ANDRITZ GROUP
International technology group ANDRITZ provides advanced plants, equipment, services, and digital solutions for a wide range of industries, including pulp and paper, metals, hydropower, environmental, and others. Founded in 1852 and headquartered in Austria, the publicly listed group employs about 30,000 people at 280 locations in over 80 countries.
As a global leader in technology and innovation, ANDRITZ is committed to fostering progress that benefits customers, partners, employees, society, and the environment. The company’s growth is driven by sustainable solutions enabling the green transition, advanced digitalization for highest industrial performance, and comprehensive services that maximize the value of customers’ plants over their entire life cycle. ANDRITZ. FOR GROWTH THAT MATTERS.