Wilo has developed an explicit sustainability strategy on the basis of its Ambition 2025 corporate strategy and the identification of key issues. The central tenet of this strategy is to provide more people with clean water while simultaneously reducing the ecological footprint. A total of 18 goals have been formulated within four action areas. Business and politics do not take place in isolation from one another, which is why this year we have integrated corporate political responsibility as a new aspect of our sustainability strategy.
Our contribution to the Sustainable Development Goals
In 2015, the United Nations adopted the Sustainable Development Goals (SDGs). The action plan describes the path to more prosperity and quality of life - with less resource consumption. Wilo's aspiration is to contribute to securing a sustainable future. In this way, we take responsibility for achieving the Sustainable Development Goals. In 2018, the Executive Board of the Wilo Group signed the UN Global Compact, thus reaffirming our commitment. In line with its business activities, Wilo has a particular impact on the achievement of goals 6, 8, 9, 11, 12, 13 and 17.
Description of our goals and action areas
Our strategic goal is to supply 100 million people with clean water by 2025. We will achieve this by implementing the following operating sustainability goals:
We will increase the growth rate our innovative water infrastructure solutions by 7.5 percent per year. They help to supply more people with clean water.
We will strive to grow our smart water systems by at least 35 percent per year, because we are convinced that connectivity, operational reliability and maximum efficiency are the key factors needed for saving more resources in the future.
We are intensifying our commitment to water programmes as a sustainable water supply is possible only in cooperation with international partners.
We will reduce drinking water consumption (by 20 percent to 2025) at our production sites, in particular through technologies for more efficient use, water purification and increased rainwater usage.
Energy and Emissions
Our strategic goal is to reduce CO2 emissions by 50 million tonnes by 2025. We will achieve this by implementing the following operating sustainability goals:
We will achieve energy savings of at least 1.8 TWh per year thanks to our high-efficiency pumps. This will be achieved firstly due to ever greater demand for highly efficient products outside of Europe and secondly through increasingly efficient technologies. By 2025, this will result in a cumulative CO2 reduction of over 50 million tonnes.
We will increase the number of our energy solutions projects to at least 10,000 per year, as inefficient pumps will thus be systematically replaced by more efficient ones, providing a clear advantage for customers and the environment.
We will expand our portfolio of smart products. Our goal is to achieve annual growth in net sales of at least 15 percent.
We will strive to achieve climate-neutral production at our own sites by 2025 through efficiency measures, ecological energy procurement and investments in climate protection projects.
Material and Waste
Our strategic goal is to consume 250 tonnes less material resources by 2025. We will achieve this by implementing the following operating sustainability goals:
We will increase the number of reused components in our products to at least 30,000 per year. Keeping materials in circulation is the best way to conserve resources, so Wilo is investing intensively in the expansion of the corresponding processes.
We will increase the materials efficiency of our products by at least 12 tonnes per year. At the moment, we are primarily looking at copper, cast and aluminium casting, which make up most of the weight of our products. New technologies will drastically reduce the amounts of materials needed.
We will save packaging materials. As a first step, we are focusing on increasing the use of reusable packaging in the inbound segment, where we are aiming for a share of 100 percent by 2025.
We will increase in recycling rate at Wilo’s sites. By separating materials, increasing the sourcing of recyclable materials and adopting reuse systems, we are planning to achieve a rate of at least 90 percent by 2025.
Employees and Society
We are committed to acting responsibly towards employees and society. We will achieve this by implementing the following operational sustainability goals:
We will promote local capacity development to empower people, organisations and societies to sustainably shape their own development. Our goal is to set up at least 20 capacity development programmes worldwide by 2025.
We will ensure global compliance with all applicable laws and regulations. A key requirement for this is the regular training of all employees; we are striving for training coverage of at least 90 percent.
We are committed to a sustainable supply chain. Our goal is to create transparency of the entire supplier portfolio and to ensure that 100 percent of suppliers comply with the basic principles of human rights.
We will invest in the development and advancement of our employees. We see the internal recruitment of our managers as one measure of success. We are aiming for a rate of at least 70 percent.
The appreciation and promotion of individuality and diversity will be given special attention. One indicator for real equality is the share of women in management positions, which we want to increase to 20 percent by 2025.
We will promote workplace health and safety and have embraced “Vision 0” at all Wilo sites with the goal of achieving zero accidents and zero work-related illnesses.