Sustainability a constituent factor to the reason Krones’ has been awarded top 50 climate-conscious German companies
Leading vendors of market and consumer data together with business magazine Capital, examined the ratio between revenue growth and reduction in CO2 emissions at German companies and found that Krones AG was ranked 48th in an independent survey. This meant spotlighting another success in the sustainability strategy of the group. Last year, Krones was awarded a gold medal for its sustainability activities via the prestigious EcoVadis platform.
“Sustainability, reduction in emissions and the economical use of natural resources have over recent years become issues of major importance in our society. However, these issues are not only limited to our own production operation. Instead, we regard sustainability as a task for the entire value-added chain, beginning at our suppliers, production operations and ending at our customers’ plants.” said Welf Kramer, head of corporate governance. “Being accoladed one of Germany’s most sustainable companies is incredibly gratifying and shows that we are definitely on the right track.”
Ambitious climate targets
The fact that Krones takes its responsibility with utmost seriousness is underpinned by the climate targets which the company has set for itself. Since 2010, energy-related CO2 emissions were reduced by 30 to 40% per million euros of revenue. The company has stepped up in regard to its own sustainability performance. By 2030, it aims to reduce all greenhouse gas emissions produced at its own facilities (Scope 1 and Scope 2) e.g. by vehicle engines and by production line operations by up to 80% and emissions from both upstream and downstream parts of its value-added chain (Scope 3) by 25%. Moreover, its range of application has likewise been extended: whereas previously it was only emissions produced at the German facilities of Krones AG that were scrutinised, all production locations throughout the group will in the future be included in its calculations.
Overall, this factors into account the production operations of Krones’ clients. By offering its customers simple solutions and the profitable use of resources on a sustainable basis, Krones supports them in achieving their respective environmental and climate protection targets.