PRESS RELEASE : GEA Group Aktiengesellschaft: GEA awarded top rankings on CDP's water management and climate benchmark lists

 
 DGAP-News: GEA Group Aktiengesellschaft / Key word(s): Sustainability 
GEA Group Aktiengesellschaft: GEA awarded top rankings on CDP's water 
management and climate benchmark lists 
 
2020-12-08 / 12:50 
The issuer is solely responsible for the content of this announcement. 
 
PRESS RELEASE 
 
*GEA awarded top rankings on CDP's water management and climate benchmark 
lists* 
 
*CDP assessed GEA's efforts in the "water" category for the first time, 
awarding it an excellent "A" score; GEA also maintained last year's "A-" 
rating in the climate benchmark.* 
 
Düsseldorf, December 8, 2020 - This year for the first time, GEA was 
evaluated by CDP (formerly the "Carbon Disclosure Project") in the "water 
management" category of its sustainability rankings and was awarded the 
highest possible leadership level rating for its responsible water 
stewardship. In addition, GEA again scored "A-" for its climate protection 
activities, confirming its position among the world's leading companies on 
climate action. 
 
"Being instantly confirmed in the top-ranking cluster of disclosing 
companies for water management and holding on to our very good position in 
the climate protection category is a great achievement for GEA," says Stefan 
Klebert, CEO of GEA Group AG. "In a year when the COVID-19 pandemic 
presented us with many additional challenges, receiving this distinction is 
even more meaningful. We remain fully committed to following our purpose of 
'engineering for a better world'." 
 
In its Global Risk Report 2019, the World Economic Forum identified the 
stable supply of high-quality water to the world's population as one of the 
primary environmental challenges for the upcoming decades. With this in 
mind, GEA strives to ensure the conservation of resources not only at its 
own sites but also when it comes to customer processes and their facilities. 
For example, since 2019 GEA has used a global water risk map provided by the 
Water Resource Institute to monitor GEA locations that are under water 
stress. The Group also identifies the impact of water scarcity on GEA's 
production and, where necessary, initiates water conservation projects 
focused on reclamation and reducing consumption. 
 
In addition, GEA's efficient products and process solutions, including water 
treatment decanters and zero liquid discharge milk processing plants, 
promote sustainable water management among its customers. "As a high-tech 
company, we are fortunate to be able to use smart engineering to tangibly 
contribute to reducing our customers' resource consumption," explains Stefan 
Klebert. "From reducing water consumption to the water-neutral operation of 
entire production plants, we deliver key technologies that are shaping the 
discourse on responsible water usage." 
 
*Corporate Media and Press:* 
Marc Pönitz 
Peter-Müller-Strasse 12, 40468 Düsseldorf, Germany 
Phone [phone] 
[e-mail] 
 
*About GEA * 
 
"Engineering for a better world" is the driving and energizing principle 
connecting GEA's 18,500-strong workforce. As one of the world's largest 
systems suppliers, GEA makes an important contribution to a sustainable 
future with its solutions and services, particularly in the food, beverage 
and pharmaceutical sectors. In 2019, the Company generated consolidated 
revenue of EUR 4.9 billion. Across the globe, GEA's plants, processes and 
components contribute significantly to the reduction of CO2 emissions, 
plastic use as well as food waste in production. 
GEA is listed on the German MDAX and the STOXX(R) Europe 600 Index and also 
included in the DAX 50 ESG and MSCI Global Sustainability indexes. 
 
*About CDP* 
CDP is a global non-profit that drives companies and governments to reduce 
their greenhouse gas emissions, safeguard water resources and protect 
forests. The climate research provider represents institutional investors 
with assets of US$106 trillion and leverages their power to motivate 
companies to disclose and manage their environmental impacts. Over 9,600 
companies with over 50 percent of global market capitalization disclosed 
environmental data through CDP in 2020. This is in addition to the hundreds 
of cities, states and regions who disclosed, making CDP's platform one of 
the richest global sources of information on how companies and governments 
are driving environmental change. CDP is a founding member of the We Mean 
Business Coalition. https://cdp.net/en [1] 
 
*Contact:* 
GEA Group Aktiengesellschaft 
Phone [phone] 
Fax [phone] 
gea.com 
 
2020-12-08 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
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Archive at www.dgap.de 
Language:    English 
Company:     GEA Group Aktiengesellschaft 
             Peter-Müller-Straße 12 
             40468 Düsseldorf 
             Germany 
Phone:       [phone] 
Fax:         [phone] 
E-mail:      [e-mail] 
Internet:    www.gea.com 
ISIN:        DE0006602006 
WKN:         660200 
Indices:     MDAX 
Listed:      Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime 
             Standard), Hamburg, Munich; Regulated Unofficial Market in 
             Hanover, Stuttgart, Tradegate Exchange 
EQS News ID: 1153623 
 
End of News DGAP News Service 
 
1153623 2020-12-08 
 
 
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(END) Dow Jones Newswires

December 08, 2020 06:50 ET (11:50 GMT)