The ISS ESG rating measures companies’ sustainability performance on a scale from “A+” (top score) to “D-” (lowest score). The rating covers around 100 industry-specific indicators from the fields of Environment, Social, and Governance. Companies achieve Prime status when they meet or exceed the requirements specified for their industry. The highest rating in mechanical and plant engineering is currently “B-”.
Dr. Jochen Weyrauch, CEO of Dürr AG, says: “Our Prime status proves that, thanks to our sustainability commitment, we are among the best mechanical and plant engineering firms. On this basis, we want to continually enhance our sustainability activities and establish ourselves in the Prime status category in the long term. Sustainability is determining our activities as a company to an ever-greater extent and is also a key driver of our business model: We provide low-consumption and low-emission technologies to support our customers in reducing their ecological footprint and decarbonizing their production.”
The improvement to Prime status is also an important step in view of the company’s financing costs. If Dürr AG maintains its Prime status beyond 2025, it will secure consistently better terms for the green Schuldschein loan issued in April 2023. The green Schuldschein loan follows the provisions of Dürr AG’s Sustainable Finance Framework. Through this framework, the Dürr Group voluntarily commits to fulfilling stringent requirements for sustainable financing instruments and to the green use of funds.