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EQS-News: GEA Group Aktiengesellschaft
/ Key word(s): AGM/EGM/ESG
Shareholders approve GEA’s Climate Transition Plan 2040 by an overwhelming 98.4% Düsseldorf, April 30, 2024 – In a groundbreaking vote at today’s Annual General Meeting, GEA Group AG’s shareholders approved by an overwhelming majority the Climate Transition Plan 2040 presented to them. This consultative vote makes GEA the first member of the DAX index family to ask shareholders to approve its path to net zero. 98.44 percent voted in favor of the plan. “I am very pleased that our shareholders have decided to accompany us on our journey to a sustainable future. Climate action calls on all of us to pull together to achieve the progress so urgently needed for our planet. This is not only mission-critical for GEA’s long-term business success, but also vital for future generations. That is why transparency and maintaining an open dialog with our shareholders are a priority for us,” says CEO Stefan Klebert. GEA’s Climate Transition Plan 2040 sets out the short, medium and long-term targets for reducing greenhouse gas emissions at every link in the value chain. It also specifies timings, action areas and the investments required. The path to net zero emissions by 2040 focuses on three core areas: transformation of the company’s own operations (Scopes 1 and 2), product portfolio transformation (downstream Scope 3) and supply chain decarbonization (upstream Scope 3). GEA intends to ask the Annual General Meeting to vote on the development of the Climate Transition Plan every three years, and will report in its annual sustainability report on the progress made. Annual General Meeting confirms new Supervisory Board members Industrial engineer and business graduate Andreas Renschler has served on the Supervisory Board since September 1, 2023. Following his appointment by the Düsseldorf Local Court, his Supervisory Board membership has now been confirmed by the Annual General Meeting. The former member of both the Volkswagen AG and Daimler AG Boards of Management is the current Chairman of the Supervisory Board of Hella GmbH & Co. KG a. A. Andreas Renschler also lectures in management accounting as an adjunct professor at the Technical University of Munich. Prof. Dr.-Ing Axel Stepken succeeds Dr. Jens Riedl, Investment Partner at Groupe Bruxelles Lambert (GBL). Axel Stepken has served as CEO of TÜV SÜD Stiftung since 2007 and is an honorary professor at the Technical University of Munich. All other proposals also approved by a large majority
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Media Relations
About GEA GEA is one of the world’s largest suppliers of systems and components to the food, beverage and pharmaceutical industries. The international technology group, founded in 1881, focuses on machinery and plants, as well as advanced process technology, components and comprehensive services. With more than 18,000 employees, the group generated revenues of about EUR 5.4 billion in more than 150 countries in the 2023 fiscal year. GEA plants, processes, components and services enhance the efficiency and sustainability of customer’s production. They contribute significantly to the reduction of CO2 emissions, plastic usage and food waste. In doing so, GEA makes a key contribution toward a sustainable future, in line with the company’s purpose: ”Engineering for a better world“. GEA is listed on the German MDAX the European STOXX® Europe 600 Index and is among the companies comprising More information can be found online at gea.com.
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30.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | GEA Group Aktiengesellschaft |
| Peter-Müller-Straße 12 | |
| 40468 Düsseldorf | |
| Germany | |
| Phone: | +49 (0)211 9136-0 |
| E-mail: | |
| Internet: | |
| 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: | 1893059 |
| End of News | EQS News Service |
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1893059 30.04.2024 CET/CEST
