Grundfos achieves Gold Medal Rating in EcoVadis Sustainability Rating

Grundfos, a global leader in advanced pump solutions and water technology, received the prestigious Gold medal rating in the renowned EcoVadis sustainability assessment for 2023. This ranking positions Grundfos among the top 5% of all companies evaluated by EcoVadis, underscoring its unwavering commitment to sustainability and responsible business practices.

Grundfos' performance in the EcoVadis assessment can be attributed to several key initiatives:

• Approved Net-Zero Science-Based Target: Grundfos has embraced ambitious climate goals, including a net-zero emissions target validated by the Science Based Targets initiative.
• Decarbonisation of the value chain: Grundfos has taken proactive measures to reduce carbon emissions in its own operations, supply chain and use of sold products.
• Product lifecycle sustainability: Grundfos is advancing environmental sustainability across the product lifecycle, including water management and circular use of materials.
• Human Rights Policy: Grundfos upholds a robust human rights policy, affirming its commitment to fair and ethical treatment of all individuals involved in its operations.
• Supplier Code of Conduct: Through a comprehensive supplier code of conduct, Grundfos sets clear expectations for ethical behaviour and sustainability standards among its suppliers.
• Conflict Mineral Due Diligence: By ensuring responsible sourcing practices, Grundfos prioritizes ethical considerations in its supply chain, mitigating the risk of supporting conflict minerals.

Louise Koch, Senior Director, Group Head of Sustainability, Grundfos, said, "We are incredibly proud of this achievement, which reflects Grundfos' dedication to sustainable operations and resource management. It is a testament to the hard work and commitment of our team."