The sustainability rating of EcoVadis, one of the world's largest providers for the evaluation of ESG activities, takes into account criteria from the subject areas of environment, labour and human rights, ethics as well as sustainable procurement and awards medals for this every year. Thanks to the consistent implementation of its ESG strategy, Pfleiderer is once again among the top 5 percent of all companies assessed. Further improvements in the areas of labour and human rights as well as ethics contributed to this in particular.
"The renewed gold medal underlines that we are not resting on our laurels," emphasizes Dr. Frank Herrmann, CEO of the Pfleiderer Group. "Our ESG activities are firmly anchored with our strategy and are not only honoured by external rating agencies, but above all by our customers. In this way, sustainable entrepreneurship can also be linked to economic success. A win-win for all stakeholders!"
PCF GmbH (Pfleiderer) has once again been recognized for its ESG achievements. ESG (Environmental, Social, and Governance) stands for Environment, Social, and Corporate Governance. Just like last year, the independent rating agency Morningstar / Sustainalytics has confirmed through their ESG risk assessment the excellent position and exemplary development of Pfleiderer in the field of sustainable corporate governance.
In comparison to the previous year, the company was able to further improve its position to the highest rating level and continues to be among the champions in the international construction materials industry. After achieving a very good third place last year, Pfleiderer has now risen to the 2nd rank out of all 149 evaluated companies in the building materials sector. In the overall comparison, Pfleiderer ranks among the top 2 percent of all over 15,000 globally assessed companies.
Dr. Frank Herrmann, CEO of the Pfleiderer Group, explains: "Pfleiderer's commitment to sustainability has a long tradition. For several years, we have firmly anchored this in our strategic direction and expanded as well as intensified our ESG activities. After numerous awards from external sources, I am pleased, along with the entire team, about the Sustainalytics rating improvement and the renewed top placement."