ESG – Kontron’s increased transparency rewarded by ESG rating agencies
EQS-News: Kontron AG/ Key word(s): ESG ESG– Kontron’s increased transparency rewarded by ESG rating agencies 08.09.2023/ 14:39 CET/CEST The issuer is solely responsible for the content of this announcement. Kontron managed to improve its Sustainalytics rating to 20.2 points. MSCI confirmed their“BBB”
EQS-News: Kontron AG / Key word(s): ESG Kontron managed to improve its Sustainalytics rating to 20.2 points. MSCI confirmed their “BBB” rating and Moody’s Analytics puts Kontron’s effort in environment and human rights at above industry averages. The simplification of the group structure to increase transparency is making further progress. Since year-end 2021, the number of entities has been significantly reduced through mergers, sales, or liquidations to currently 44 entities, with further streamlining going forward. Exposure in the CIS region has been lowered from 7% by year-end 2021 to currently below 5%. The ESG risk management assessment by Sustainalytics put Kontron’s ESG risk rating with 20.2 points close to other peers in the low-risk area. MSCI confirmed their ESG rating of “BBB” in 2023. Moody’s Analytics puts Kontron’s efforts in the areas of environment and human rights at above industry averages. Kontron is determined to continue its path of ESG improvements which includes promotion of its green products such as smart energy and high-speed train solutions as well as green initiatives within Kontron such as increased use of photovoltaic and electric cars. About Kontron Kontron AG (www.kontron.com, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) is a leading IoT technology company. For more than 20 years, Kontron has been supporting companies from a wide range of industries to achieve their business goals with intelligent solutions. From automated industrial operations, smarter and safer transport to advanced communications, medical and energy solutions, the company delivers technologies that add value for its customers. Kontron is listed on the SDAX® and TecDAX® of the German Stock Exchange and has around 4,500 employees with subsidiaries in more than 20 countries around the world. Follow Kontron: Kontron on Twitter Kontron on LinkedIn News about Kontron can also be found on the official Kontron blog Media Contact Barbara Jeitler Kontron AG – Investor Relations Tel: +43 (1) 80191 1199 ir@kontron.com Alexandra Kentros Kontron AG – Communications Tel: +49 151 151 9388 149 group-pr@kontron.com Jan Lauer Profil Marketing OHG Tel: +49 (531) 387 33-18 kontron@profil-marketing.com 08.09.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Kontron AG |
| Industriezeile 35 | |
| 4021 Linz | |
| Austria | |
| Phone: | +43 (732) 7664 - 0 |
| E-mail: | ir@kontron.com |
| Internet: | https://www.kontron.com |
| ISIN: | AT0000A0E9W5 |
| WKN: | A0X9EJ |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock Exchange (Vienna MTF) |
| EQS News ID: | 1722385 |
| End of News | EQS News Service |