Sustainability Report 2023/24

04 / Sustainability management at ENGEL
ENGEL
Sustainability Report 2023/24
Our understanding of sustainability is also
manifest in our EcoVadis Score. In 2023, ENGEL
became the first injection moulding machine
manufacturer to receive a “Platinum” rating,
making it one of the world’s most sustainable
industrial companies. In addition to participating
in these initiatives, ENGEL was also distinguished
for its commitment to sustainability:
our innovative skinmelt technology for the processing
of recycled plastic waste was awarded
the State of Upper Austria’s Environmental
Award 2021. Furthermore, the ENGEL twostage
process, which enables plastic waste to
be processed as flakes in injection moulding
directly after grinding, was honored twice. After
being named Product of the Year at the beginning
of 2023 by Kunststoff Magazin, the twostage
process also impressed at the Plastic
Recycling Show Europe and received the
Recycling Machinery Innovation Award 2023.
In 2024, we were also honored with “Sustainable
Supplier” awards from customers such as
Forvia and Nolato. These awards prove that
ENGEL meets its sustainability targets and acts
accordingly.
—
“In 2023, ENGEL became the
first injection moulding machine
manufacturer to receive a “Platinum”
rating from EcoVadis, making it
one of the world’s most sustainable
industrial companies.”
Sustainability outlook
Our efforts in the past have laid the foundation
for further advancing our sustainable development
and meeting all regulatory requirements.
With specific measures and solutions,
we want to prove to our stakeholders every
year that we are the leading solution provider
for their sustainability requirements. An annual
sustainability report, following the GRI standard
and starting in 2025, the CSRD standard, is
planned for transparent reporting. This report is
intended to document our sustainability targets
and the progress made with regard to the sustainability
topics that are of material importance
to the company. While we are still a long way
from reaching “peak-sustainability”, we can still
be proud of the progress made in the past years.
The topic of sustainability governance will
be developed further in the years to come. This
year, the position of a Sustainability Ambassador
was established in Asia, and another one is
planned to be created in America by the end of
the year. An essential key element of a functioning
circular economy is an interconnected
value chain. This is why we desire to develop
additional sustainable solutions together with
our customers and suppliers.
There are many ways and opportunities to
advance the sustainable development of our
company. We strive to take the role of leading
pioneer and consistently develop our company
in line with “be the first”.
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