INNIO cited for progress and execution of ESG strategy

INNIO announced that EcoVadis has awarded the INNIO Group, including its Jenbacher and Waukesha product lines, with a platinum medal as part of its sustainability performance rating, placing INNIO in the top 1% of all businesses evaluated by EcoVadis.

INNIO announced that EcoVadis has awarded the INNIO Group with a platinum medal as part of its sustainability performance rating. (Photo: INNIO)

Founded in Paris in 2007, EcoVadis is one of the world’s largest providers of business sustainability ratings, with a global network of more than 100,000+ rated companies.

INNIO said the platinum award reflects demonstrated improvements and contributions towards sustainable growth in the past year, with notable score improvement in Environment, and Sustainable Procurement and continued strong performance in Labor & Human Rights and Ethics categories.

“I am extremely proud that INNIO has been awarded the EcoVadis platinum medal,” said Olaf Berlien, president and CEO of INNIO. “After having already been ranked number one globally amongst companies with the lowest risk within the machinery industry by Sustainalytics, EcoVadis now places us among the top 1% of all evaluated businesses worldwide.

“This demonstrates INNIO’s commitment to empowering the net zero transition while ensuring that our employees are fully engaged at the workplace and providing continuous support through our diversity and inclusion efforts.”

EcoVadis’ annual assessment focuses on 21 issues grouped into themes that include: environment, labor & human rights, ethics, sustainable procurement, and a dedicated scorecard on carbon. These criteria are based upon international sustainability standards, including the Global Compact Principles, the International Labour Organization Conventions, and the Global Reporting Initiative standard. The platinum medal rating reflects INNIO’s continued commitment to its sustainability efforts in 2022.