Provides engineering and industrial services, including hydropower solutions and paper machine manufacturing.
1867
Germany
10,001+ employees
Machinery
$1B - 10B in revenue
$100M - 500M in profitability
Beyond Top 100
See all
Carbon emissions
Electricity consumption
Carbon certificate projects
Targets
Other sustainability metrics
Industry rank: Beyond Top 100
Total CO2 emissions
(CO2e tons)
Industry rank: Beyond Top 100
Company actuals (net of offset)
Industry Benchmark
(adj. for company revenues)
Industry rank: out of 1327ⓈThe renewables rank is based on a company's share of renewable electricity (as a percentage of total electricity consumption) compared to other companies in the same industry (over 50 companies) within Illuminem's database.
Total electricity consumption
and % renewables
(MWh, % of consumption)
Industry rank: Beyond Top 100
Total electricity
Share of renewable electricity
Industry Benchmark
Target | Year | Value | Scope | Baseline |
---|---|---|---|---|
Interim emissions reductionⓈCompany sustainability report | 2050 | 90% | 1&2 | 2016 |
Voith has made progress in reducing GHG emissions, with a decrease in Scope 1 and 2 emissions from 101,957 t CO2 in FY 2021/22 to 88,663 t CO2 in FY 2022/23. They have increased the share of renewable energy in their electricity mix to 74% in FY 2022/23. Voith is actively working on projects to enhance energy efficiency and renewable energy use, such as generating 11.7 GWh of electricity from solar, wind, and hydropower in the reporting year, with a target to increase this to 16 GWh/year by the end of the 2026/27 fiscal year. They are also involved in innovative projects like the Model Paper Mill Consortium and collaborations with companies like Essity to develop processes that significantly reduce energy and water use, aiming for zero carbon emissions with green electricity.
Category | Description | Metric | Year | ||
---|---|---|---|---|---|
Water | Total Withdrawal | m3 | |||
Social | Share of female employees | % |
Sustainability employees
11+
ⓈThis value represents the estimated number of employees in a company with sustainability-related roles or job titles, as determined by Illuminem using publicly available data.Matthias Steybe
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