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Viessmann Group launches Sustainability Report

Viessmann Group launches Sustainability Report

The Viessmann Group today launched its sustainability report, formalizing a longstanding commitment to drive positive environmental and social change, living up to the company’s purpose of co-creating living spaces for generations to come. It builds on the company’s 2021 “LEAP to Net Zero” climate strategy.

The report covers all Viessmann Group’s business areas as of October 2023, including Climate Solutions, Refrigeration Solutions, Clean & Cool Solutions, and Viessmann Investment. The company announced in April 2023 that the Climate Solutions business would combine with Carrier Global Corporation, co-creating a new global champion in intelligent climate and energy solutions. The closing of the partnership is expected by the end of the year.

The full report is available here: Viessmann Sustainability Report 2023

Viessmann Group CEO Max Viessmann: “We have charted our path to drive positive change – living up to our purpose of co-creating living spaces for generations to come. By being transparent and vocal about our actions, we hope to inspire our stakeholders and industry peers to join forces so that together we can reach a sustainable future.”

The report shares Viessmann Group’s sustainability strategy, targets, progress and next steps. The sustainability strategy, which is an integral part of the overall company strategy, lays the foundation for the Viessmann Group’s transformation towards becoming a fully sustainable company. It not only focuses on reaching net zero, circularity and a zero harm supply chain, but also on people, data and governance.

Viessmann Group’s vision is to achieve a net zero business and value chain, supported by concrete 2050 and 2030 targets.

Viessmann Group’s total scope 1-3 emissions reduced by more than 10% from 2021 to 2022 – from 108 to 97 megatons CO2e. In the same time frame, turnover increased by more than 17% – from EUR 3.4 to 4 billion.

Europe
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