Sustainability at MÜNZING
Sustainability has been a deeply rooted topic for the MÜNZING group since the company was founded in 1830, with natural oil and fat chemistry for production of stearic acid and soaps. Sustainability is engrained in our DNA which is why we see it as our driving force to evolve and to develop innovative, sustainable products and technologies for our customers and business partners. As a manufacturing company with energy intensive processes, we are aware of the responsibility we have towards our environment and our society.
Due to this, we are committed to the European Green Deal, and we are investing along the MÜNZING group in various energy efficiency and energy recovery projects which will reduce the Green House Gas emissions of the group and generate a positive impact on the environment, on our customers and the society.
As part of our efforts to achieve our sustainability objectives, the MÜNZING group is operating in the following topics:
- Increase the number of products in our portfolio which have renewable raw materials
- Grow the number the recycled inputs in our products
- Continuously work on projects which have the aim to save energy and increase efficiency
- Method and knowledge development for determining CO₂-footprint at product level
- Focus on circular economy projects to conserve resources
MÜNZING with "bronze medal" rating in EcoVadis assessment
Since 2017, MÜNZING is taking part in the sustainability assessment with the international rating agency EcoVadis. EcoVadis analyzes sustainability performance of companies in four categories – Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. With a score of 55/100, MÜNZING has been awarded a “bronze medal” for 2022/2023 which places us among the top 50% of the 75,000 companies assessed.
For us, sustainability consists of three pillars: Environment, Economy and Social.
The vision for the CO₂-footprint of the MÜNZING group is committed to the European Green Deal and that was established by our CEO Dr. Michael Münzing in 2021. This vision is meant for reducing the CO₂-footprint and increasing the energy efficiency and energy recovery along the MÜNZING group and it has the European climate targets of the “Green Deal” as a base.
For almost 200 years, MÜNZING has focused on sustaining and optimizing its value in the social, environmental and financial aspects of the company by creating a long-term value. By doing so, we aim to be prepared for the on-going transition towards a more sustainable business.
MÜNZING is constantly growing, from 2021 to 2022 we increased the amount of our employees in the complete group by 17%. we have the vision to increase the number of women working at the group and at executive positions. From 2021 to 2022 we increased the percentage of woman working in executive positions by 2%. Furthermore, we support the equal pay between genders. The skills, specialties and experience are the decisive factors for which the salaries are stablished.