KraussMaffei has published its first-ever sustainability report, titled “True Blue,” which highlights the company’s goals, including its goals to achieve carbon neutrality in its own business area by 2030 and carbon neutrality in the machines and systems it produces (product carbon footprint) by 2035.
The 93-page document is organized into 27 relevant topics that were defined and prioritized by KraussMaffei, and presents data collected from all company sites worldwide, as well as contributions from about 100 colleagues.
As well as setting goals for the future, the report points to accomplishments, such as that in 2023 alone, the company invested more than $81 million in new production facilities and, as part of this, one of the largest rooftop solar energy systems in Europe went into operation at the company headquarters in Parsdorf, Germany. The company also seeks ways to help its customers reduce operational CO2 emissions, with efforts such as its development and testing of a process that also allows post-consumer recyclate (PCR) to be used for thermoplastic foam injection molding.
“For KraussMaffei, sustainability means not only an environmentally conscious attitude, but also responsibility in all areas of the company …” said CEO Chi Zhang. “Our sustainability report documents that we take our responsibility seriously and that our customers and partners can rely on a transparent and responsible partner.”
