Landis+Gyr Achieves EcoVadis Platinum Medal for Second Year, Setting High Standards in Sustainability

Landis+Gyr's Remarkable Sustainability Achievement

In a significant achievement for corporate sustainability, Landis+Gyr Group AG, a leading global provider of energy management solutions, has been awarded the prestigious EcoVadis Platinum medal for the second consecutive year. This accolade highlights the firm's dedication to integrating sustainable practices and innovations within its operations. The EcoVadis Platinum medal represents the best possible distinction within the rating system and recognizes companies that display exemplary sustainable performance.

A Continuous Commitment to Improvement

Landis+Gyr's recent assessment showed an impressive improvement in its overall score, rising from 80 to 85, placing it among the top 1% of approximately 150,000 companies evaluated globally by EcoVadis. This not only emphasizes the company's focus on sustainability but also aligns with its Science-Based Targets initiatives (SBTi), aiming to decarbonize energy infrastructure worldwide.

Peter Mainz, CEO of Landis+Gyr, commented on this significant milestone, expressing, "Achieving EcoVadis Platinum status for the second year in a row reinforces our commitment to creating measurable impact. Our progress reflects not only compliance with global standards but a deeper focus on integrating sustainability into every facet of our business, from product innovation to supply chain practices."

Understanding EcoVadis Ratings

EcoVadis is renowned for being one of the most reliable assessors of business sustainability, basing its evaluations on international standards. These include the Ten Principles of the UN Global Compact, International Labour Organization (ILO) conventions, and the Global Reporting Initiative (GRI) standards. Through its rigorous assessment process, EcoVadis evaluates companies across four core themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.

In this year's evaluation, Landis+Gyr achieved its highest score of 95 out of 100 in the 'Environment' dimension, showcasing its leadership in emissions reduction efforts and the adoption of renewable energy. Additionally, the company received scores of 86 in 'Sustainable Procurement', 82 in 'Labor & Human Rights', and 80 in 'Ethics'. This comprehensive evaluation helps Landis+Gyr identify areas for improvement and gauge its performance against global sustainability benchmarks.

The Impact on Customers and Stakeholders

As sustainability becomes a crucial component of strategic partnerships, Landis+Gyr's EcoVadis scorecard is increasingly sought after by customers and partners during supplier assessment processes. This trend underscores the growing emphasis on measurable sustainability leadership within the energy sector. Landis+Gyr’s commitment to enhancing its ESG (Environmental, Social, and Governance) impact positions it as a trusted collaborator for utilities and energy stakeholders worldwide.

"We celebrate this achievement, which recognizes our teams' dedication and perseverance in advancing sustainability at Landis+Gyr," said Cecilia Silva-Wagner, Head of ESG at Landis+Gyr. This recognition encapsulates the collaborative efforts of the company’s workforce to achieve its sustainability objectives while creating long-term value for all its stakeholders.

Conclusion

With its expansive portfolio of energy solutions and proven commitment to sustainability, Landis+Gyr continues to play a critical role in helping utilities and communities transition towards a low-carbon future. As the company moves forward, it remains dedicated to further advancements in sustainability and energy management, aiming to inspire positive change across the industry.

For more details on Landis+Gyr's sustainable initiatives and to keep up with their latest innovations, visit their official website at www.landisgyr.com.