GEA has used group-wide KPIs since 2016 to monitor its ESG performance. Each year, we report on material topics relevant to the company‘s economic, environmental and social impact.
GEA has used group-wide KPIs since 2016 to monitor its ESG performance. Each year, we report on material topics relevant to the company‘s economic, environmental and social impact covering:
Since 2019, the compensation of GEA Executive Board members has been tied to aspects of sustainability.However, with the approval of a new remuneration scheme at the Annual General Meeting in April 2021, Executive Board compensation will be more strongly tied to strategic ESG targets,linking GEA’s business growth and success to the achievement of its sustainability targets.
GEA’s ESG performance reporting isprepared in accordance with the standards set by the Global Reporting Initiative (GRI, “option: Core”). GEA Group Aktiengesellschaft is certified to ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018. Certification under ISO 50001:2018 is performed at site level.
To make truly meaningful reductions in harm to the environment, businesses must cascade action down the entire supply chain. We’re proud to have earned a place as a leading company on CDP’s 2022 Supplier Engagement Leaderboard, for taking action to measure and reduce climate risk within our supply chain. This places us among the top eight percent of the more than 13,000 companies evaluated.
"We need to see environmental leadership from companies right now by tackling their impacts on climate change and nature together, working with their suppliers in an integrated way that includes nature as standard, and incentivizing this engagement within their organization”. -Sonya Bhonsle, Global Head of Value Chains, CDP
Our ESG performance is regularly assessed by ESG rating agencies. ESG ratings provide stakeholders with information that is important to their investment decisions. Most notably, GEA has received top ratings and rankings from: EcoVadis, CDP, Sustainalytics and MSCI.
GEA is also listed on the DAX 50 ESG, Dow Jones Sustainability Europe Index and MSCI Global Sustainability Indexes.
The ‘Gold’ rating from EcoVadis places GEA in the top five percent of all companies worldwide for sustainability management.
GEA holds two CDP leadership rankings for performance and reporting transparency: an ‘A’ for tackling climate change and an ‘A-’ for acting to protect water security.
We’re proud to have earned a place as a leading company on CDP’s 2022 Supplier Engagement Leaderboard, for taking action to measure and reduce climate risk within our supply chain.
In 2024, GEA received a rating of ‘AAA’ (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment.*
In 2024, GEA received an ESG Risk Rating of 14.2 and was assessed to be at Low Risk of facing material financial impacts from ESG factors. GEA’s ESG Risk Rating is in the 2nd percentile (1st=lowest risk) in the Machinery in...
In 2024, GEA was recognized by Sustainalytics as an ESG Industry Top Rated company.
Following the index review in December 2023, GEA remains a component of the Dow Jones Sustainability Europe Index and was also included in the Dow Jones Sustainability World Index.
* The use by GEA of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of GEA by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
**Copyright ©2022 Morningstar Sustainalytics. All rights reserved. This section contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.
GEA es uno de los mayores proveedores mundiales de sistemas y componentes para la industria alimentaria, farmacéutica y de bebidas. El grupo tecnológico internacional, fundado en 1881, se dedica a maquinaria e instalaciones, así como a tecnología avanzada de procesos, componentes y servicios integrales. Con más de 18.000 empleados repartidos en cinco divisiones y 62 países, el grupo generó unos ingresos de más de 4.700 millones de euros en el ejercicio 2021. Las plantas, procesos, componentes y servicios de GEA mejoran la eficiencia y la sostenibilidad de los procesos de producción en todo el mundo. Contribuyen significativamente a reducir las emisiones de CO2, el uso de plásticos y el desperdicio de alimentos. De este modo, GEA realiza una contribución fundamental hacia un futuro sostenible, en línea con el propósito de la empresa: "Engineering for a better world".GEA cotiza en el MDAX alemán y en el índice STOXX® Europe 600, y también se encuentra entre las empresas que componen los índices DAX 50 ESG y MSCI Global Sustainability.
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