INNIO Group Reports Progress On Sustainability Goals For 2023

In a significant stride towards sustainability, INNIO Group has unveiled its 2023 Sustainability Report, marking the fourth consecutive year of sharing its non-financial progress. The report meticulously outlines the advancements made since setting its sustainability benchmarks in 2020, shedding light on the company's initiatives, projects, and performance metrics aimed at fostering a sustainable future.

One of the report's highlights is the reduction in total greenhouse gas emissions across Scope 1, 2, and 3 by 1.3%, equivalent to a decrease of 76,340 metric tons of CO2 compared to the previous year. This achievement underscores INNIO Group's commitment to environmental stewardship and its proactive measures to combat climate change.

Furthermore, the report showcases substantial progress in the supply chain sustainability, with 80% of INNIO Group's top 200 suppliers pledging to cut their greenhouse gas emissions by half by the year 2030. This collaborative effort is pivotal in amplifying the impact of sustainability initiatives across the value chain.

The company also reports notable strides in fostering a diverse and inclusive workplace. The proportion of female employees at INNIO Group has seen an increase of nearly 4% from 2022 and a total rise of 7.5% over the past three years, reaching 18.1% by the end of 2023. This progress is reflective of INNIO Group's dedication to creating an equitable work environment that values diversity and inclusion.

Dr. Olaf Berlien, president and CEO of INNIO Group, expressed pride in the company's achievements over the past year. "Sustainability is key to a future-proof economy," he stated, highlighting the importance of initiatives like the 'Ready for H2' technology in driving sustainable solutions and advancing the hydrogen economy and decarbonization in the energy sector.

Marcin Kawa, VP Sustainability at INNIO Group, emphasized the company's holistic approach to sustainability. The introduction of the ESG hub software last year has enabled INNIO Group to systematize processes around sustainability controls, positioning it to intensify projects aimed at CO2 reduction, circular economy practices, and efficient resource use.

The "Progress and Performance" section of the report provides an insightful overview of INNIO Group's key performance indicators for 2023. It highlights the company's collaborative approach to advancing energy transition and decarbonization efforts. Additionally, it details activities, initiatives, programs, and concrete implementations aimed at decarbonizing the energy sector while promoting employee growth.

About INNIO Group: A leading provider of energy solutions and services, INNIO Group empowers industries and communities to harness sustainable energy effectively. With its innovative Jenbacher and Waukesha product brands and AI-powered myPlant digital platform, INNIO Group delivers cutting-edge solutions for power generation and compression segments. Headquartered in Jenbach, Austria, with significant operations in Waukesha (Wisconsin, U.S.) and Welland (Ontario, Canada), INNIO Group operates a global service network spanning over 100 countries. Its team of over 4,000 experts supports more than 57,000 engines delivered worldwide. The company's ESG strategy has garnered recognition from prestigious rating agencies like Sustainalytics and EcoVadis, with its climate targets until 2030 validated by the Science Based Targets initiative (SBTi).

For more information on INNIO Group's sustainability efforts and innovative solutions, visit their website or follow them on X (formerly known as Twitter) and LinkedIn.