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Landis+Gyr receives Gold Recognition in EcoVadis sustainability rating

29-Mar-2021 08:44:39

EcoVadis_BannerWith 66 out of 100 points, the Landis+Gyr Group earned the Gold Recognition Level for its Corporate Social Responsibility performance in four categories: Environment, Labor & Human Rights, Ethics and Sustainable Procurement.

Over the last 125 years, we have built a solid reputation in leading innovation, quality products and as a trusted partner with high integrity. Our products and services help utilities and their customers to utilize energy and infrastructure more economically and sustainably. In addition, energy management systems play an essential role as companies all over the world increasingly focus on sustainable development.

Since its founding in 2007, EcoVadis has grown to become the world’s largest and most trusted provider of business sustainability ratings, creating a global network of more than 75,000 rated companies.

EcoVadis gold level rating for Corporate Social Responsibility performance puts Landis+Gyr in the top 6% within the category of ‘Manufacture of measuring, testing, navigating and control equipment’ and top 5% across all industries. The score demonstrates our continuous efforts to meet the highest standards in Environmental, Social and Governance initiatives and commitment to manage energy better.

 

Sustainability to our customers and within the company

 

“Sustainability is part of our DNA”, said Hans Sonder, Senior Vice President Business Transformation at Landis+Gyr. “In fact, our smart meters and grid edge intelligence sensors have helped people and utilities around the globe save millions of tons of CO2. It is very rewarding to see that, in a year of COVID-19, our efforts towards a more sustainable world bear fruit not only for our customers but also for our own company.”

The EcoVadis assessment reconfirmed Landis+Gyr’s strong position in the environmental area, and highlighted some future improvement fields: “After the successful roll-out of our new Code of Business Ethics and Conduct, and Supplier Code of Conduct, we’re currently working on improving reporting and our due diligence process to strengthen responsible behavior across our entire supply chain”, said Sonder.

 

Continuous efforts to meet the standards

 

EcoVadis’ assessment focuses on 21 sustainability criteria that are grouped into four themes: Environment, Labor & Human Rights, Ethics and Sustainable Procurement. These criteria are based on international sustainability standards such as the Ten Principles of the UN Global Compact, the International Labour Organization (ILO) conventions, the Global Reporting Initiative (GRI) standards, the ISO 26000 standard, the CERES Roadmap, and the UN Guiding Principles on Business and Human Rights.


In 2020, Landis+Gyr reported on its Environmental, Social, and Corporate Governance (ESG) efforts according to GRI Core for the first time and has signed up to the UN Global Compact. For more information on Landis+Gyr’s ESG initiatives, visit landisgyr.eu or download the latest Sustainability Report.

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