EQS-News: Wienerberger AG: Top Score for Wienerberger’s ESG Management
EQS-News: Wienerberger AG / Key word(s): Rating
Wienerberger AG: Top Score for Wienerberger’s ESG Management
24.11.2022 / 10:00 CET/CEST
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Top Score for Wienerberger’s ESG Management
• Wienerberger among the top 4% of its sector in EcoVadis ranking
• First gold ESG rating awarded thanks to continuous progress in
sustainability management
• Wienerberger’s sustainable procurement even ranks among the top 1% by
industry comparison
Vienna, November 24, 2022 – Reducing emissions, recycling products,
helping people – for years, Wienerberger has been consistently pursuing
its sustainability strategy, guided by ambitious targets for the
environment, social aspects, and corporate governance (ESG). In the
interest of a steady improvement of the company’s performance, the
measures taken are being evaluated on a regular basis by EcoVadis, a
leading international ESG rating agency.
This year, too, Wienerberger succeeded in further improving its ranking,
achieving a new top score for its ESG management and winning its first
gold medal. Among all companies of the sector rated by EcoVadis worldwide,
Wienerberger ranks among the top 4% in its overall score and even among
the top 1% for its sustainable procurement.
“Sustainability is a central element of the Wienerberger strategy: We
provide solutions for infrastructure and buildings for generations to
come. We care about the environment and use natural resources sparingly.
We support social projects for people in need. For us, this top score in
an international ESG ranking is an important benchmark, confirming that we
have taken the right measures within the framework of our sustainable
corporate strategy”, says Heimo Scheuch, Chairman of the Managing Board of
Wienerberger AG.
Top score in sustainability pays off
In its EcoVadis ranking, Wienerberger outperforms its international peers
in all areas: environmental protection, labor rights and human rights,
ethical behaviour, and sustainable procurement. The company’s top
sustainability score also generates a direct benefit, as Wienerberger
opted for a sustainability-oriented form of bank financing. Given that
interest payable on such bank loans depends, among other factors, on the
sustainability rating determined by EcoVadis, the company derives a
financial advantage: the better its sustainability performance, the lower
its financing costs.
About EcoVadis: The world’s most trustworthy 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 broad
range of non-financial management systems, including environmental
aspects, labor rights and human rights, ethics, and the impacts of
sustainable procurement. EcoVadis provides a comprehensive service in
assessing the sustainability performance of companies. Each company is
rated on the relevant aspects on the basis of its size, its locations, and
its industry. These evidence-based assessments are illustrated by
scoreboards and rated on a scale of 0 to 100 points.
Moreover, EcoVadis awards medals for top ratings (platinum, gold, silver,
and bronze) once a year. The scorecards of the assessment illustrate
strengths and potential for improvements, which the rated companies can
use to fine-tune their efforts in the field of sustainability and adapt
their action plans. EcoVadis has entered into partnerships in order to
promote sustainable global supply chains.
Wienerberger Group
The Wienerberger Group is a leading international provider of smart
solutions for the entire building envelope and for infrastructure.
Wienerberger is the world’s largest producer of bricks (Porotherm, Terca)
and the market leader in clay roof tiles (Koramic, Tondach) in Europe as
well as concrete pavers (Semmelrock) in Eastern Europe. In pipe systems
(Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company
is one of the leading suppliers in Europe. By acquiring Meridian Brick,
Wienerberger further strengthened its position as a leading supplier of
facade products in North America. With its total of 216 production sites,
the Wienerberger Group generated revenues of € 4.0 billion and EBITDA LFL
of € 671 million in 2021.
For further information, please contact:
Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG
t +43 664 828 31 83 | claudia.hajdinyak@wienerberger.com
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24.11.2022 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com
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Language: English
Company: Wienerberger AG
Wienerbergerplatz 1
1100 Wien
Austria
Phone: +43 1 60 192-0
Fax: +43 1 60 192-10159
E-mail: office@wienerberger.com
Internet: www.wienerberger.com
ISIN: AT0000831706
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1494753
End of News EQS News Service
1494753 24.11.2022 CET/CEST
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