Tue. Apr 29th, 2025

Wienerberger Earns High Marks in Sustainability and Climate Action in 2023

ByLisa Luckas

03/12/2024
Heimo Scheuch CEO Wienerberger AGHeimo Scheuch CEO Wienerberger AGHeimo Scheuch CEO Wienerberger AG
  • CDP awards Wienerberger a “B” rating, placing it in the second-highest tier for climate action
  • Continues to receive top ESG ratings from MSCI and ISS ESG, showcasing leadership in sustainability

Vienna, Austria — Wienerberger AG said Tuesday it received top sustainability ratings from global ESG agencies for its environmental and social efforts in 2023.

The company was recognized by various agencies for its commitment to sustainability and innovative solutions in building materials.

Wienerberger was recognized for its coordinated efforts in tackling climate issues, earning a “B” rating from the Carbon Disclosure Project (CDP). This accolade places Wienerberger in the second-highest tier of all rated companies, reflecting its commitment to environmental stewardship.

Heimo Scheuch CEO Wienerberger AG said

These scores confirm that transparency, consistency, and ambition can lead to real transformation and to positive impacts for our planet and that we have taken the right steps

In addition to the CDP rating, Wienerberger’s sustainability efforts in 2023 have been acknowledged by several other prestigious agencies. Notably, the company received the highest ESG rating of “AAA” from MSCI for the eighth consecutive year. This rating underscores Wienerberger’s ongoing dedication to environmental, social, and governance (ESG) criteria.

Furthermore, the company has been awarded the “Prime” ESG rating from Institutional Shareholder Services (ISS ESG), positioning it in the top decile of rated companies in the building materials industry. This recognition is a testament to Wienerberger’s consistent performance in sustainability, a status first achieved in 2013.

EcoVadis, a sustainability rating agency, has also ranked Wienerberger in the top 1% of all rated companies in the industry sector, honoring it with a Platinum medal. This ranking reflects Wienerberger’s exceptional performance and leadership in sustainable practices.

Moreover, Sustainalytics, a firm specializing in assessing companies’ exposure to financial risks from ESG factors, rated Wienerberger as “Low Risk.” This rating indicates Wienerberger’s effective management of ESG-related risks and its potential for long-term financial stability.

These accolades demonstrate Wienerberger’s robust and comprehensive approach to sustainability and climate action. As a leader in its industry, Wienerberger’s continued recognition by esteemed agencies highlights its commitment to creating a more sustainable and responsible business model.

ByLisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

Leave a Reply

Your email address will not be published. Required fields are marked *