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 – 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.

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.

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.