Commitments and recognitions

Our international commitments, and external assessments demonstrate alignment with global standards and reflect the credibility of our ESG performance.

UN Global Compact

ANDRITZ is a participant in the UN Global Compact Initiative and is guided by the UN Sustainable Development Goals (SDGs) in integrating sustainability consideration in our operations. We use the Ten Principles of the UN Global Compact and the universal SDG framework to help us move forward on our sustainability journey across all the ESG pillars.

The UN Global Compact, the world's largest corporate sustainability initiative, was established to help businesses align their strategies and operations with universal principles on human rights, labor, environment, and anti-corruption. The Ten Principles guide companies towards responsible and sustainable practices, ensuring that their operations have a positive impact on both society and the environment. 

Find out more information on UN Global Compact

Science Based Targets initiative

The Science Based Targets initiative (SBTi) has officially validated ANDRITZ’s near-term climate targets. The SBTi validation confirms that the company’s decarbonization path aligns with the goals of the Paris Agreement.

The Science Based Targets initiative (SBTi) is a global partnership that helps companies set emissions reduction targets in line with the Paris Agreement. It is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI), and WWF.

Find out more information about Science Based Targets initiative

Certifications

ISO certifications are a cornerstone of our operations, ensuring well-defined processes and a commitment to continuous improvement. These standards guarantee the reliability of our products and services, while independent audits confirm their consistent and effective implementation.

Standards and initiatives

Compliance and ethics form the foundation of the way we do business. We at ANDRITZ protect human rights in our business activities and ensure healthy working conditions in line with laws and internationally applicable standards. We therefore support and operate according to the UN Global Compact, the International Labour Organization (ILO) standards, the Modern Slavery Act and the OECD Guidelines for Multinational Enterprises.

Discover more about our policies and compliance.

ESG ratings and recognitions

Our sustainability performance is assessed by various ESG rating agencies at regular intervals. In addition to measures for climate and environmental protection, these assessments examine topics such as companies’ social commitment, diversity, occupational health and safety, and sustainable governance. We are interested in an intensive exchange of information with these rating agencies, and we strive to continuously improve our ratings. Examples of these ratings are provided below.

ISS ESG

ANDRITZ score in ISS ESG rating: Prime

EcoVadis

ANDRITZ score in EcoVadis rating: Gold (top 5%)

CDP

ANDRITZ score in CDP rating: Climate B, Water B

Sustainalytics

ANDRITZ score in Sustainalytics rating: 20.5 (medium risk)

Involvement in organizations

ANDRITZ actively contributes to shaping industry standards and regulatory frameworks through its involvement in key trade organizations. 

By participating in working groups and industry-wide projects, we ensure that expertise and innovation help guide the future of the sectors they serve. 

Examples of major trade organizations ANDRITZ holds positions in: 

Verband Deutscher Maschinen und Anlagenbau (VDMA) is one of the largest mechanical engineering industry associations in Europe. ANDRITZ Group’s President and CEO Dr. Schönbeck serves on its main board.  
IHA (International Hydropower Association) represents the global hydropower sector. ANDRITZ Group’s Executive Board member and CEO of ANDRITZ Hydropower Mr. Sauze serves on the Supervisory Board.

Furthermore, our businesses are active members of numerous trade and professional associations committed to advancing, educating, and promoting participation in their industries. For example, ANDRITZ’s Hydropower business is a member of several global and local organizations, reinforcing its commitment to collaboration, knowledge sharing, and sustainable community development.

Memberships - Hydropower