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Salzgitter AG receives updated assessment for sustainable business

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Author: Editorial Office

Salzgitter AG receives updated assessment for sustainable business
Photo: Salzgitter AG

23.06.2021. Salzgitter AG has received an updated ESG Assessment score of 54/100 from V.E, part of Moody’s ESG Solutions. This is not only above the industry average in Europe, but also represents an improvement of 23 percentage points over the company’s score in 2020. The company’s scores increased in all three ESG (Environment, Social and Governance) categories. V.E’s ESG Assessments measure the extent to which a company is managing ESG-related risks and opportunities.

Chief Executive Officer Prof. Dr.-Ing. Heinz Jörg Fuhrmann: “Responsible action and a sustainable approach to business are integral elements of our corporate culture and daily practice at the Salzgitter Group. The issue of sustainability is firmly established as a distinct value in our mission statement. Although at present our efforts in the area of of ESG are focused in particular on SALCOS® (SAlzgitter Low CO2Steelmaking), our route to virtually CO2-free steelmaking, we have not lost sight of the other aspects of sustainability. I am delighted that our achievements and the progress we have made have been recognised in the latest ESG Assessment from V.E.

For further information please visit: www.salzgitter-ag.com/en/corporate-responsibility.html

Moody’s ESG Solutions Group

Moody’s ESG Solutions Group is a business unit of Moody’s Corporation serving the growing global demand for ESG and climate insights. The group leverages Moody’s data and expertise across ESG, climate risk, and sustainable finance, and aligns with Moody’s Investors Service (MIS) and Moody’s Analytics (MA) to deliver a comprehensive, integrated suite of ESG and climate risk solutions including ESG scores, analytics, Sustainability Ratings and Sustainable Finance Reviewer/certifier services.

For further information please visit: moodys.com/esg-measures

 

(Source: Salzgitter AG)