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”
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
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