Reduced CO2 emissions through “Green Car Policy”

Respon­si­ble and sus­tain­able action is firm­ly anchored in the WAGO Group’s cor­po­rate strat­e­gy. The com­pa­ny’s con­nec­tion and automa­tion tech­nol­o­gy is an impor­tant com­po­nent of the infra­struc­ture nec­es­sary to advance dig­i­tal­iza­tion and ener­gy effi­cien­cy, and thus con­tribute to glob­al chal­lenges such as decar­boniza­tion. The com­pa­ny wants to ful­fill this respon­si­bil­i­ty togeth­er with cus­tomers and part­ners, but also with­in the com­pa­ny. There­fore, we have decid­ed to con­sis­tent­ly con­vert our vehi­cle fleet to alter­na­tive drives.

With a “Green Car Pol­i­cy”, no pure gaso­line or diesel engines will be per­mit­ted in the future. The medi­um-term goal is to pur­chase only zero-emis­sion vehi­cles by 2025. By the end of this year, plug-in hybrids and elec­tric cars will already account for 40% of the total fleet. The com­pa­ny’s pool vehi­cles, which are avail­able for busi­ness trips at the Ger­man plants in Min­den and Son­der­hausen (Thuringia), will already be 80% elec­tri­fied. In per­spec­tive, fur­ther con­cepts for sus­tain­able mobil­i­ty are to be incor­po­rat­ed into the policy.

“The con­sis­tent con­ver­sion of our vehi­cle fleet is a fur­ther step for us to make the ener­gy tran­si­tion pos­si­ble togeth­er. If you want to act sus­tain­ably in the long term, you have to look at all aspects of your busi­ness. Here we can make a fur­ther con­tri­bu­tion to sav­ing CO2 for our com­pa­ny and achieve results quickly.”

- Axel Börn­er, Chief Finan­cial Officer