EQS-News: Wienerberger AG / Key word(s): Rating
Wienerberger AG: Top marks for ESG management from Wienerberger
24.11.2022 / 10:00 CET/CEST
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Top marks for ESG management at Wienerberger
- Wienerberger among the top 4% of the industry in the EcoVadis ranking
- First ESG rating in gold thanks to continuous progress in sustainability management
- Wienerberger’s sustainable procurement even ranks among the top 1% in an industry comparison
Vienna, November 24, 2022 – Reducing emissions, recycling products, helping people – Wienerberger has consistently pursued its sustainability strategy for years, which is based on ambitious environmental, social and corporate governance (ESG) goals. In order to continuously improve corporate performance, the measures taken are regularly evaluated by EcoVadis, a leading international ESG rating agency.
Wienerberger was able to further improve its ranking this year, achieve a new top score for its ESG management and win its first gold medal. Of all the companies in the industry that are evaluated worldwide by EcoVadis, Wienerberger ranks in the top 4% overall and in the top 1% for sustainable procurement.
“Sustainability is a central element of the Wienerberger strategy: We offer infrastructure and building solutions for future generations. We pay attention to the environment and use natural resources sparingly. We support social projects for people in need. This top mark in an international ESG ranking is an important benchmark for us, which confirms that we have taken the right measures as part of our sustainable corporate strategy,” says Heimo Scheuch, CEO of Wienerberger AG.
Top marks in terms of sustainability pay off
In its EcoVadis ranking, Wienerberger outperforms its international competitors in all areas: environmental protection, labor and human rights, ethical behavior and sustainable procurement. The company’s top sustainability rating also brings a direct benefit, since Wienerberger has opted for sustainability-oriented bank financing. Since the interest on such bank loans depends, among other things, on the sustainability rating determined by EcoVadis, there is a financial advantage for the company: the better its sustainability performance, the lower the financing costs.
About EcoVadis: The world’s most trusted sustainability rating for companies
EcoVadis is a leading international ESG rating agency with a special focus on sustainable supplier management. The EcoVadis rating covers a wide range of non-financial management systems, including environmental aspects, labor and human rights, ethics and the impact of sustainable procurement. EcoVadis offers a comprehensive service for evaluating the sustainability performance of companies. Each company is evaluated according to relevant aspects based on its size, its locations and its industry. These evidence-based assessments are illustrated by scoreboards and rated on a scale from 0 to 100 points.
In addition, EcoVadis awards medals for top ratings (platinum, gold, silver and bronze) once a year. The assessment scorecards identify strengths and areas for improvement that the assessed companies can use to refine their sustainability efforts and adjust their action plans. EcoVadis has partnered to promote sustainable global supply chains.
The Wienerberger Group is a leading international provider of smart solutions for the entire building envelope and infrastructure. Wienerberger is the world’s largest producer of bricks (Porotherm, Terca) and market leader in clay roof tiles (Koramic, Tondach) in Europe and in concrete pavers (Semmelrock) in Eastern Europe. When it comes to pipe systems (Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company is one of the leading suppliers in Europe. With the acquisition of Meridian Brick, Wienerberger has further strengthened its position as the leading supplier of facade products in North America. With a total of 216 production sites, the Wienerberger Group generated sales of €4.0 billion and an EBITDA LFL of €671 million in 2021.
For more information please contact:
Claudia Hajdinyak, Head of Corporate Communications at Wienerberger AG
t +43 664 828 31 83 | [email protected]
11/24/2022 CET/CEST This Corporate News was sent by EQS Group AG. www.eqs.com