Semperit Again With Top ESG Rating By Ecovadis

EQS-News: Semperit AG Holding / Key word(s): ESG/Rating
Semperit again with top ESG rating by EcoVadis
25.10.2023 / 08:50 CET/CEST
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Semperit again with top ESG rating by EcoVadis

• Platinum award for the second year in a row
• Semperit among the top 1% worldwide for quality of sustainability management
• Participation in WU study on supply chain responsibility

Vienna, 25 October 2023 – For the second time, the Semperit Group has received the highest platinum award in the EcoVadis rating for sustainability performance. This puts Semperit in the top one percent worldwide of more than 100,000 companies assessed by EcoVadis. Overall, Semperit achieved 78 out of 100 possible points (2022: 76 points).

“The platinum award and the repeated improvement of our rating are an important confirmation for the Semperit Group and all our sites, which contribute to a more sustainable economy with their ESG initiatives. However, we also see it as an incentive to identify further opportunities and potential, for example in the areas of recycling, inclusion or sustainability in the supply chain, and to convert them into added value for our company,” says Semperit CEO Karl Haider .

EcoVadis is considered the world's largest provider of sustainability ratings for companies. The assessment covers the four important topics of environment, labour and human rights, ethics and sustainable procurement on the basis of 21 indicators. Semperit clearly exceeds the industry average in all of these categories, with significant improvements achieved in ethics and sustainable procurement compared to 2022.

Supply chain responsibility as a strategic opportunity

In the area of sustainable procurement, Semperit recently participated in a study on supply chain responsibility conducted by the Vienna University of Economics and Business. Commissioned by the Federal Ministry of Labour and Economic Affairs, the study analysed twelve Austrian companies that see supply chain responsibility not only as an additional cost factor, but also as a strategic opportunity. The results of the study were presented at the end of September 2023:

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About Semperit

The publicly listed Semperit AG Holding is an internationally oriented group of companies that develops and manufactures polymer products and sells them in over 100 countries worldwide with its two divisions, Industrial Applications and Engineered Applications. The Industrial Applications division focuses on industrial applications with highly efficient production and cost leadership; they include hydraulic and industrial hoses as well as profiles. The Engineered Applications division comprises escalator handrails, conveyor belts, cable car rings, other engineered elastomer products as well as the Rico Group and focuses on customised technical solutions. The traditional Austrian company was founded in 1824 and is headquartered in Vienna. At the end of 2022, the Group had 16 production sites worldwide and numerous sales offices in Europe, Asia, Australia and America. In the 2022 financial year, the Group generated sales of EUR 779.8 million and EBITDA of EUR 100.5 million in continued operations.