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Schaltbau Holding AG: EcoVadis rating again improved

Wed, 18 Aug 2021


DGAP-News: Schaltbau Holding AG: EcoVadis rating again improved

DGAP-News: Schaltbau Holding AG / Key word(s): Sustainability/Rating
18.08.2021 / 09:00
The issuer is solely responsible for the content of this announcement.

Schaltbau Holding AG: EcoVadis rating again improved

Among top 15% in sector comparison of companies rated by EcoVadis
Improvements particularly in environmental aspects contribute to good result
Silver status achieved with 59 of 100 points (2020: 54 of 100)
Sustainability and responsible corporate governance guiding management principles
 

Munich, 18 August 2021 - Schaltbau Holding AG [ISIN DE000A2NBTL2] has further improved on last year's result in the annual EcoVadis sustainability rating by scoring 59 of a possible 100 points (2020: 54 of 100) and again achieved Silver status. With over 75,000 companies assessed, EcoVadis is one of the largest globally operating sustainability rating organisations. In a sector comparison (manufacturers of electronic components and boards), EcoVadis rated the Schaltbau Group among the top 15% of the companies it assessed. Improvements in environmental aspects in particular contributed to the positive result. Sustainability and responsible corporate governance are among the Schaltbau Group's key management principles.

"We are delighted about the excellent score achieved in this year's rating, particularly in a sector comparison," said Dr Jürgen Brandes, CEO of Schaltbau Holding AG. "The further improvement and the additional five points on our scorecard show that we are on the right track with the implementation of our ESG strategy."

Comprehensive CSR rating

EcoVadis is a globally operating provider of sustainability assessments aimed at collaboratively improving the performance of global supply chains. EcoVadis ratings concentrate on 21 criteria in the four categories of Environment, Labour and Human Rights, Ethics, and Sustainable Procurement, based on internationally recognised sustainability standards such as the principles of the UN Global Compact, the conventions of the International Labour Organization (ILO), the Global Reporting Initiative (GRI) standard, the ISO 26000 standard and the CERES principles.

The sustainability report published annually by Schaltbau Holding AG is available at www.schaltbaugroup.com under "Responsibility".

About the Schaltbau Group

Schaltbau Holding AG (ISIN: DE000A2NBTL2) is listed in the Prime Standard segment of the regulated market of Deutsche Börse AG in Frankfurt am Main. With annual Group revenue in the region of EUR 500 million and around 3,000 employees, Schaltbau is an internationally leading supplier of systems and components in the field of transportation technology and the capital goods industry. With Pintsch, Bode, Schaltbau and SBRS as their core brands, Schaltbau Group companies develop a wide range of high-quality technologies and customer-specific technological solutions for rail infrastructure, rolling stock, passenger cars and commercial vehicles. As one of the few specialists for smart DC-based energy concepts, the Schaltbau Group is also a driver of innovation in the fast-growing markets of tomorrow such as New Energy / New Industry and E-Mobility.
To find out more about the Schaltbau Group, go to: https://schaltbaugroup.com

Contact

Investor relations
Schaltbau Holding AG
Hollerithstraße 5
81829 Munich
T +49 89 93005-209
investor@schaltbau.de



18.08.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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