EANS-News: ANDRITZ presents comprehensive "We Care” sustainability program CNE

Wednesday, 09. June 2021 08:30
  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
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Company Information

Graz - June 9, 2021. International technology group ANDRITZ has now combined the
activities, measures, goals and plans it has been pursuing for many years in the
sustainability sector under its ESG/sustainability program "We Care".

"Sustainability is an essential part of the ANDRITZ business strategy and of our
company culture. The focus topics and goals were selected in consideration of
the areas in which ANDRITZ can make the largest contribution towards a
sustainable future. Our "We Care" sustainability program now unites all of our
initiatives and efforts relating to ESG under one roof. All of our employees are
committed to this strategy," says Wolfgang Leitner, President and CEO of ANDRITZ

"We Care" takes a multi-dimensional, comprehensive and practically oriented
approach towards sustainability. ANDRITZ has set itself ambitious goals for each
of the focus topics - Environment (E), Social (S), and Governance (G) principles
- and these goals are aimed at making the business activities of ANDRITZ and its
stakeholders more sustainable.

* Environment focus area: All systems and plants supplied by ANDRITZ comply with
  the strictest environmental, safety and technology standards (best available
  technologies). ANDRITZ is focusing in particular on the development of
  sustainable technologies and products that lead to decarbonization and a
  reduction in the consumption of resources by its customers, hence making a
  major contribution towards environmental and climate protection. Today,
  ANDRITZ is already generating just under half of its revenue with these
  products and technologies. This share should increase further in the next few
  years. A positive and significant contribution towards climate and
  environmental protection by its products throughout their entire lifetime is
  not ANDRITZ's only goal - the company has also set itself ambitious targets.
  For example, its own CO2 footprint is to be reduced by half by 2025, and water
  consumption and the amount of waste produced is also to be lowered

* Social focus area: Diversity, occupational health and safety and employee
  satisfaction are central values in the ANDRITZ human resources strategy. In
  the past few years, targeted measures have succeeded in significantly lowering
  the accident frequency rate. Diversity at ANDRITZ is reflected in the manifold
  origins of its employees, coming from 33 different countries. In its defined
  ESG targets, ANDRITZ is concentrating especially on avoiding accidents and the
  goal of being an attractive employer - this should also be measured and
  verified in figures by lowering the voluntary staff fluctuation rate and
  increasing the number of female employees in the workforce.

* Governance focus area: Highest compliance and ethically correct behavior form
  the basis of the ANDRITZ business strategy. The company holds ISO 19600
  certification for the compliance management system and ISO 37001 certification
  for its anti-corruption management. In particular, ANDRITZ is concentrating
  its activities on the goals of minimizing relevant corporate risks and
  continuously expanding its compliance activities, with special focus on
  sustainable supply chain management.

More information on the ANDRITZ "We Care" sustainability program is available at

- End -

International technology group ANDRITZ offers a broad portfolio of innovative
plants, equipment, systems and services for the pulp and paper industry, the
hydropower sector, the metals processing and forming industry, pumps, solid/
liquid separation in the municipal and industrial sectors, as well as animal
feed and biomass pelleting. Plants for power generation, flue gas cleaning,
recycling, and the production of nonwovens and panelboard complete the global
product and service offering. Innovative products and services in the industrial
digitalization sector are offered under the brand name Metris and help customers
to make their plants more user-friendly, efficient and profitable. The publicly
listed group has around 26,950 employees and more than 280 locations in over 40

Further inquiry note:
Dr. Michael Buchbauer
Head of Group Finance, Corporate Communications & Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465

end of announcement                         euro adhoc

issuer:       Andritz AG
              Stattegger Straße 18
              A-8045 Graz
phone:        +43 (0)316 6902-0
FAX:          +43 (0)316 6902-415
mail:         welcome@andritz.com
WWW:          www.andritz.com
ISIN:         AT0000730007
indexes:      ATX, WBI
stockmarkets: Wien
language:     English

EAX0008    2021-06-09/08:30

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