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Financial Times and Statista: Wilo leads Europe in protecting the climate

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30.07.2024

Technology Group declared “Europe’s Climate Leader 2024

Dortmund. The Wilo Group has been named “Europe’s Climate Leader 2024”. For this accolade, the Financial Times and the statistics portal Statista evaluated hundreds of European companies based on their progress in reducing their carbon emissions. “We are delighted that Wilo has been included in this important and comprehensive listing, because it shows we’re not only on the right track, but are demonstrably one of the European leaders in climate protection”, says Oliver Hermes, President & CEO of the Wilo Group.

Reducing carbon emissions is a key objective of Wilo’s Group-wide sustainability strategy. With Creating, Caring, Connecting, Wilo is committed to creating sustainable technologies and solutions, caring about its social responsibility and connecting to form strong partnerships worldwide. “Sustainability is the driving force behind the Wilo Group. That’s why we give our sustainability strategy the highest priority. All other functional corporate strategies are subordinate to it – without exception”, Hermes explains.

“This commitment to consistent sustainability is also reflected in our ambitious goal of achieving climate-neutral production worldwide by 2025”, says Georg Weber, Member of the Executive Board and CTO of the Wilo Group. This goal has already been achieved for all European and Chinese Wilo sites. “This success has been made possible by significant investments in recent years, for example in photovoltaic systems. We currently have a global capacity of 20 megawatt peak”, Weber continues.

The Wilo Group has already received awards from several organisations for its commitment to sustainability. The rating agency EcoVadis once again awarded Wilo the platinum medal in 2023. The technology group received the German Sustainability Award for 2021 in the “Climate” transformation field. A year earlier, Wilo was named one of the “50 Sustainability & Climate Leaders”, a global sustainability and climate protection initiative of the United Nations and Bloomberg.

For the “Europe’s Climate Leaders” initiative, the Financial Times and Statista have joined forces to identify companies that are taking relevant measures to combat climate change. The list focuses mainly on the reduction of core Scope 1 and Scope 2 emissions. Other factors like transparency in dealing with Scope 3 emissions and cooperation with sustainability assessors such as the Science Based Targets Initiative (SBTi) were also taken into account.