EcoVadis Once Again Awards INNIO Group Highest ESG Rating
- Awarded the EcoVadis Platinum medal, INNIO Group once again places in the top 1% of around 100,000 companies assessed for 2023/24
- Year-on-year improvements in all categories
- The EcoVadis award underscores INNIO Group’s commitment to putting sustainability into practice and to transparent ESG reporting
JENBACH, Austria, October 24, 2023 (Newswire.com) - EcoVadis once again has acknowledged INNIO Group (INNIO) for its dedication to sustainability, awarding the company another Platinum medal. This means that INNIO and its Jenbacher, Waukesha, and myPlant product lines rank among the top 1% of around 100,000 businesses assessed by EcoVadis worldwide.
The Platinum award from the prestigious sustainability ratings agency recognizes continuous improvements along with contributions to sustainable growth. INNIO excelled by improving its score in every area (environment, labor and human rights, ethics, and sustainable procurement) compared with last year. The recipient of Silver and Gold ratings in previous years, INNIO first was awarded the EcoVadis Platinum medal in 2022.
“INNIO Group has not only maintained its premium rating, but it also surpassed its scores from last year,” says Dr. Olaf Berlien, INNIO Group president and CEO. “The EcoVadis Platinum medal shows that we are setting the right priorities in all areas of our joint sustainability commitment and playing our part in achieving climate neutrality by providing innovative energy solutions.”
The annual EcoVadis assessment focuses on 21 criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement. The criteria are based on international sustainability standards, including the principles of the UN Global Compact, the conventions of the International Labor Organization, and the guidelines of the Global Reporting Initiative. The Platinum rating recognizes INNIO Group’s ongoing commitment to sustainable solutions in 2023.
About INNIO Group
INNIO Group is a leading energy solution and service provider that empowers industries and communities to make sustainable energy work today. With its product brands Jenbacher and Waukesha and its digital platform myPlant, INNIO offers innovative solutions for the power generation and compression segments that help industries and communities generate and manage energy sustainably while navigating the fast-changing landscape of traditional and green energy sources. INNIO is individual in scope, but global in scale. With its flexible, scalable, and resilient energy solutions and services, INNIO enables its customers to manage the energy transition along the energy value chain wherever they are in their transition journey.
INNIO is headquartered in Jenbach (Austria), with other primary operations in Waukesha (Wisconsin, U.S.) and Welland (Ontario, Canada). A team of more than 4,000 experts provides life-cycle support to INNIO’s more than 55,000 delivered engines globally through a service network in more than 100 countries.
In March 2023, INNIO’s ESG rating ranked first out of more than 500 companies worldwide in the machinery industry assessed by Sustainalytics.
INNIO, Jenbacher, myPlant, and Waukesha are trademarks in the European Union or elsewhere owned by INNIO Jenbacher GmbH & Co OG or one of its affiliates. All other trademarks and company names are property of their respective owners.
Source: INNIO Group