Voith Group’s Post

❓ Did you know that, according to the 2024 Emissions Gap Report, released ahead of the 29th UN Climate Change Conference of the Parties (COP29) concluding today, a 42% reduction in global greenhouse gas emissions by 2030 compared to current levels is necessary to meet the 1.5°C target and mitigate climate change? 🌱 At #Voith, we recognize our responsibility to reduce emissions and place #sustainability at the heart of our actions. A prime example is our participation in the United Nations "Sustainable Development Goals Innovation Accelerator", where young talents work on innovative and sustainable solutions to address challenges related to the Sustainable Development Goals (SDGs). 💡 As part of the UN Global Compact Netzwerk Deutschland initiative, our Voith talents Sarah Schumacher and Michael Schneider analyzed opportunities to reduce CO₂-emissions within the supply chain. They identified steel as a main driver of CO₂-emissions in the Voith supply chain and developed measures – for example with a potential green steel quota – to reduce CO₂-emissions in a long-term perspective. Their analysis and results contribute significantly to advancing Voith’s sustainability strategy and reducing CO₂-emissions in the supply chain. 👏 A big thank you to Sarah and Michael for their dedication and contribution to our ongoing sustainability journey at Voith! #ClimateAction #COP29 #EmissionReduction