Viessmann Group invests in green solutions
Allendorf, Germany-based Viessman Group has announced it will invest EUR 1 billion over the next three years to extend its manufacturing footprint, R&D and green climate solutions, notably heat pumps.
Viessmann also renewed its commitment to sustainability, and has received approval from the Science Based Targets Initiative for its goals of reducing the carbon footprint for its operations and supply chain.
The company experienced strong growth in 2021, driven by demand for green solutions and Viessmann’s shift towards integrated climate solutions, with demand for heat pumps growing 41 per cent.
“For more than 105 years, our company has been a family for positive change with a clear focus on energy efficiency and the development of new technologies such as the first heat pump generation in 1979,” says Prof. Dr. Martin Viessmann, chairman of the board of directors of Viessmann Group. “Our historic investment decision comes at a time where we build the right foundation for the next 105 years – for us and, even more important, for generations to come.”