Grundfos earns Platinum EcoVadis rating for outstanding sustainability efforts, placing the company in the 99th percentile of the +130,000 companies ratedPlatinum rating reached through close collaboration with trusted suppliersGrundfos has, in recent years, made significant progress on climate and water ambitions - and strengthened sustainable
procurement and human rights programsPhoto/Supplied
Bjerringbro, Denmark – 25 June 2024: Grundfos, a global leader in advanced pump solutions and water technology, today announced that it has achieved
Platinum medal rating from EcoVadis. This recognition places Grundfos in the top 1% of companies rated worldwide,
showcasing its unwavering commitment to sustainable business practices.
EcoVadis is one of the world’s largest and most trusted providers of business sustainability ratings, assessing more
than 130,000 companies’ actions and practices on their corporate and social responsibility. Using its international
standards, EcoVadis has evaluated Grundfos across four key areas: Environment, Labour & Human Rights, Ethics, and Sustainable Procurement to award the business a Platinum medal rating.
Since the last assessment (Gold medal rating), Grundfos has implemented additional measures and policies to strengthen
social and environmental responsibility across the value chain. At the same time, the company has made significant
progress towards both water and climate ambitions, reflecting the company's ongoing commitment to sustainability and
continuous improvement.
“We are very proud of the Platinum rating, which I would like to dedicate to our hard working and dedicated colleagues
worldwide. It encourages us to keep pushing ourselves to enhance our ESG (Environmental, Social, and Governance)
practices that include progressing towards net zero by 2050, fostering a fair, inclusive, and safe working environment,
enforcing strong ethical business standards, and ensuring sustainable procurement across our entire value chain,” said
Louise Koch, Senior Director, Group Head of Sustainability, Grundfos.
Silvio Vanzo, Group Senior Vice President, Purchasing, Grundfos also commented:
“Achieving Platinum certification highlights Grundfos’ commitment to conduct business in a responsible way, but it also
highlights the close collaboration and trust between us and our loyal suppliers and customers. Their cooperation and
input have been instrumental in strengthening and enhancing our ESG practices throughout the entire value chain.”
Grundfos sustainability highlightsEnvironment: SBTi validated 2050 net-zero targetClimate: Since 2020, Grundfos has reduced its CO2 emissions by 11.7% (2023). Through a new Power Purchase Agreement, the
company is set to meet its target of a 50% reduction on operational carbon emissions in 2025 - five years ahead of the
company’s original 2030-goal.Water: In 2023, Grundfos solutions enabled customers and end users to save an estimated 1.6bn m³ of water and reduced water
withdrawal in own operations by 48% since 2020.Labour & Human Rights: To foster a fair, inclusive, and safe working environment Grundfos has robust labour policies and practices across its
value chain.Ethics: Grundfos has implemented rigorous anti-corruption measures, conducts regular audits, and provides extensive training
to ensure ethical practices are maintained throughout its operations.
About Grundfos
Grundfos pioneers solutions to the world’s water and climate challenges and improves the quality of life for people. As
a leading global pump and water solutions company, we promise to respect, protect, and advance the flow of water by
providing energy and water efficient solutions and systems for a wide range of applications for water utilities,
industries and buildings. Find out more: Grundfos.com