EQS-News: Wienerberger AG / Keywords: Evaluation
Wienerberger AG: Wienerberger’s Top Score for ESG Management
24.11.2022 / 10:00 CET/CEST
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Wienerberger Top Score for ESG Management
Wienerberger is in the top 4% of its sector in the EcoVadis ranking
Received first Gold ESG Rating for continuous progress in sustainability management
Wienerberger’s sustainable procurement ranks in the top 1% of industry comparisons
Vienna, 24 November 2022 – Reduce emissions, recycle products, help people – For many years Wienerberger has consistently followed its sustainability strategy, based on ambitious targets regarding the environment, social dimensions and corporate governance (ESG). I have pursued it. To steadily improve the company’s performance, the actions taken are regularly evaluated by his EcoVadis, a leading international ESG rating agency.
Wienerberger climbed the rankings again this year, earning a new high score in ESG management and winning its first gold medal. Of all the companies in this sector evaluated globally by EcoVadis, Wienerberger ranks in the top 4% for overall scores and in the top 1% for sustainable sourcing.
“Sustainability is a central element of the Wienerberger strategy. We offer infrastructure and building solutions for future generations. We care about the environment and use natural resources sparingly. We support social projects for people in need.For us, this top score in international ESG rankings is an important benchmark and framework for sustainable corporate strategy. It confirms that we are taking the appropriate measures in the future,” said Heimo Scheuch, Chairman of the Board of Management of Wienerberger AG.
Top Sustainability Scores Rewarded
In the EcoVadis ranking, Wienerberger outperforms its international peers in all areas: environmental protection, workers’ rights and human rights, ethical behavior and sustainable sourcing. The company’s highest sustainability score also yields direct benefits, as Wienerberger has chosen a sustainability-oriented form of bank financing. Interest on such bank loans will depend, among other things, on sustainability ratings determined by EcoVadis, which will give the company a financial advantage. Better sustainability performance means lower funding costs.
About EcoVadis: The World’s Most Trusted Corporate Sustainability Rating
EcoVadis is an international ESG rating agency with a particular focus on sustainable supplier management. EcoVadis assessments cover a wide range of non-financial management systems, including environmental aspects, labor rights and human rights, ethics, and sustainable sourcing impacts. EcoVadis offers a comprehensive service to assess corporate sustainability performance. Each company is evaluated on relevant dimensions based on its size, location, and industry. These evidence-based ratings are presented by a scoreboard and rated on a scale of 0-100 points.
In addition, EcoVadis awards medals for the highest ratings (Platinum, Gold, Silver, Bronze) once a year. The assessment scorecard highlights strengths and potential improvements that assessed companies can use to fine-tune their efforts and adapt their action plans in the area of sustainability. EcoVadis has entered into a partnership to promote his chain of sustainable global supply.
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 the market leader in European clay roof tiles (Koramic, Tondach) and Eastern European concrete paving (Semmelrock). For pipe systems (Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes) the company is one of Europe’s leading suppliers. By acquiring Meridian Brick, Wienerberger further strengthened its position as a leading supplier of façade products in North America. With a total of 216 production sites, the Wienerberger Group generated revenues of €4 billion and his EBITDA LFL of €671 million in 2021.
For more information, please contact:
Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG
Phone +43 664 828 31 83 | email@example.com
24 November 2022 CET/CEST This company news is distributed by EQS Group AG. www.eqs.com