ANDRITZ AG.
AZ2.XETRA | Manufacture of other special-purpose machinery
ANDRITZ AG is an international technology group based in Austria. It provides plants, equipment, systems, and services for a wide range of industries including pulp and paper, metals, hydro, and separation. For the pulp and paper industry, ANDRITZ offers complete production lines, from wood processi...Show More
Better Health for All
-20
The company's principal goods and services, which include plants, equipment, systems, and services for industries like pulp and paper, metals, hydro, and separation, do not have a significant direct positive or negative health impact. However, the company acknowledges some negative health impacts on communities from its large-scale projects.
1
To mitigate these, ANDRITZ AG demonstrates comprehensive efforts, including pollution prevention and control, clean air technologies, water treatment, and initiatives aimed at zero emissions and zero waste.
2
These efforts also encompass carbon capture, renewable energy, and waste reduction related to industrial processes.
3
Fair Money & Economic Opportunity
0
ANDRITZ AG is an international technology group providing industrial plants, equipment, systems, and services.
1
The company's core business does not involve lending, insuring, moving, or storing money for consumers or operating as a financial institution. Consequently, no evidence was found in the provided articles regarding specific data points for any of the KPIs related to consumer financial services, such as underserved client share, pricing fairness, exploitative fee exposure, financial inclusion initiatives (in a lending context), customer financial data accessibility, fair lending compliance, wealth-building outcomes for customers, profit reinvestment in community finance, financial literacy initiatives, customer debt burden ratio, geographic inclusion (of financial access points), or product simplicity of financial offerings. Therefore, all KPIs are omitted as per the scoring rules.
Fair Pay & Worker Respect
10
In 2024, the CEO to average employee remuneration ratio was 92.
1
Collective bargaining agreements covered 53.4% of the workforce.
2
Employees on temporary contracts represented 8% of the total workforce.
3
The total employee fluctuation rate was 11.2%.
4
There were 0 severe human rights issues and 0 fines for discrimination or harassment incidents in 2024.
5
Average salaries for women amounted to 89.4% of average salaries for men.
6
The ANDRITZway survey showed 69.5% of employees often or always apply core behaviors in their work environment.
7
Fair Trade & Ethical Sourcing
0
No evidence available to assess ANDRITZ AG on Fair Trade & Ethical Sourcing.
Honest & Fair Business
10
ANDRITZ AG incurred a $1.58 million civil penalty from the US Department of Commerce for sanctions violations related to exports to Russia between May 2023 and February 2024.
1
The company reported zero incidents of corruption and bribery in the reporting period.
2
A comprehensive whistleblower policy, updated in Q1/2024 and compliant with the EU Whistleblowing Directive, allows for anonymous reporting and strictly forbids retaliation.
3
Whistleblowers receive acknowledgement within seven days and feedback on resolution within 90 days.
4
The anti-corruption management system is ISO 37001 certified, and the compliance management system is ISO 37301 certified, with plans to extend these certifications to all operating companies in 2025.
5
The percentage of independent members on the Supervisory Board is 89%.
6
A limited assurance engagement was performed by KPMG Austria GmbH on the Non-Financial Statement.
7
Kind to Animals
0
ANDRITZ AG's 2024 Double Materiality Assessment explicitly excluded 'Animal welfare' as an irrelevant topic (sub-topic G1 under S4 – Consumers and end-users).
1
The company's core business involves providing plants, equipment, systems, and services for industries like pulp and paper, metals, and hydro, rather than direct animal handling, animal testing, or the use of animal-derived ingredients in its own products. Consequently, no evidence was found regarding cruelty-free certifications, alternative testing methods, humane certifications for operations, ethical input substitution, or specific animal welfare policies or practices. While the company reports general supplier compliance coverage of 90.6% in 2024, there is no indication that these audits specifically cover animal welfare.
2
Similarly, R&D investments are reported generally, but no portion is specified for animal-free technologies. The company's business model does not directly involve animal agriculture or conservation initiatives with measurable biodiversity impacts.
No War, No Weapons
-30
The company has a dedicated internal export controls program (ICP) managed by a global export control manager and supported by local managers
1
, utilizing SAP-GTS software for automated screening.
2
The company states alignment with the UN Guiding Principles on Business and Human Rights
3
, with policies and procedures in place for human rights and environment
4
, including a response to the German Supply Chain Act (LkSG) with a risk management process and regular risk analyses.
5
Planet-Friendly Business
-40
ANDRITZ AG reported total Scope 1, 2, and 3 greenhouse gas emissions of 140,230,734 tCO2e in 2024.
1
The company's near-term climate targets, including a 42% reduction in absolute Scope 1 and 2 emissions and a 25% reduction in absolute Scope 3 emissions from 2023 by 2030, have been officially approved by the Science Based Targets initiative (SBTi) and align with a 1.5°C trajectory.
2
In 2024, 75% of the electricity used in operations came from renewable and low-carbon sources.
3
Water use per MEUR revenue was 136.8 m³ in 2024.
4
As of 2023, 86% of facilities were green certified.
5
The waste diversion rate was 73% in 2024.
6
In 2024, 10.3% of capital expenditure was aligned with the EU Taxonomy.
7
The company reported zero environmental compliance violations for 2021, 2022, 2023, and 2024.
8
However, zero projects were subject to full environmental impact assessments in 2023.
9
In 2024, ANDRITZ initiated an independent third-party assessment of biodiversity physical risks across all locations.
10
The company conducted climate risk and vulnerability assessments at manufacturing locations producing EU Taxonomy-eligible products.
11
Respect for Cultures & Communities
0
No specific, quantifiable data was found in the provided articles for any of the Key Performance Indicators related to Respect for Cultures & Communities. The documents reviewed, including the non-financial statement
1
and annual report,
2
indicate a lack of specific information on formal partnerships with indigenous or local community groups, revenue reinvested in local community development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, community-specific grievance mechanisms, average complaint resolution times, FPIC participation rates, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier counts, cultural site protection, social license to operate, charitable giving to cultural heritage organizations, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training completion percentages. While a 'Speak UP!' whistleblowing service is mentioned,
3
its coverage for community concerns is not specified.
4
Safe & Smart Tech
0
The company states compliance with GDPR and other data protection laws, including addressing the 'Schrems II' judgment and updating data transfer agreements, as well as compliance with the German Supply Chain Due Diligence Act.
1
It uses state-of-the-art encryption technology for submitted data
2
and includes encryption for OT networks.
3
There are no documented incidents of unauthorized data use. Users are granted rights to access, correct, delete, object to, and request data portability, with the ability to withdraw consent.
4
Data is retained only as long as necessary for a specific purpose, with examples including 6 months for website data
5
and 3 years for U.S. applications.
6
The company is certified to IEC 62443-2-4 for Industrial Automation and Control Systems (IACS) service providers,
7
and holds ISO 37301 and ISO 37001 certifications.
8
The company employs a secure remote access management tool (remOT™)
9
and its solutions include risk monitoring and management, with security testing and responsibilities defined.
10
Zero Waste & Sustainable Products
-20
ANDRITZ recycled 73% of its waste in 2024.
1
The company has a target to reduce waste volume by 5% per MEUR sales compared to the preceding year.
2
Hazardous waste at its Peterborough facility decreased by approximately 45% from over 9,000 kg in 2019 to below 5,000 kg in 2023, and ~7,800 kg of packaging waste was avoided in 2023 through reuse.
3
The company has multiple waste reduction initiatives, including a new textile recycling plant processing 200 tons of waste per day, and projects to recycle paper machine clothing and forming fabrics.
4
The "Tex2Mat" project for press felt recycling received a national prize.
5
ANDRITZ's "CircleToZero" initiative focuses on achieving zero emissions and zero waste, aiming for closed-loop systems and converting waste into reusable raw materials, including a solution for 7,000 tons of paper machine clothing discarded annually in Europe.
6
No waste disposal violations or fines were mentioned.