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Press Release

Dürr AG’s sustainability rating is among the best in the mechanical and plant engineering industry

MSCI ESG Rating

Bietigheim-Bissingen, September 8, 2020 – In this year’s MSCI ESG Rating, Dürr AG achieved a score of AA, which is the second best of seven possible ratings. The MSCI ESG Rating measures how listed companies manage sustainability issues. With its AA rating, Dürr AG belongs to the “Leaders” category in international mechanical and plant engineering, ranking among the best 30% in the industry.

The MSCI ESG Ratings are primarily aimed at institutional investors. When making investment decisions, they increasingly take into account how companies deal with opportunities and risks with respect to Environmental, Social and Governance issues.

Dietmar Heinrich, CFO of Dürr AG: “Sustainability performance has become increasingly important as an investment criterion. Our good MSCI ESG Rating is proof of quality and an important aid in the evaluation of Dürr AG on the capital market.”

The MSCI rating is composed of the partial results achieved in the three categories of governance (e.g. corporate governance, protection against corruption), environmental (e.g. emissions, environmentally friendly products) and social issues (e.g. labor relations). The performance achieved in the governance category, in which Dürr AG achieved the best partial result, is given the strongest weighting. In the other categories, the company also performed above average in the mechanical and plant engineering industry. The evaluation scale of the MSCI Rating is divided into seven grades, ranging from CCC to the top rating of AAA.

The Dürr Group is one of the world's leading mechanical and plant engineering firms with extensive expertise in automation and digitalization/Industry 4.0. Its products, systems and services enable highly efficient manufacturing processes in different industries. The Dürr Group supplies sectors like the automotive industry, mechanical engineering, chemical, pharmaceutical and woodworking industries. It generated sales of € 3.92 billion in 2019. The company has around 16,300 employees and 112 business locations in 34 countries. The Group operates in the market with the brands Dürr, Schenck and HOMAG and with five divisions:

  • Paint and Final Assembly Systems: paint shops as well as final assembly, testing and filling technology for the automotive industry
  • Application Technology: robot technologies for the automated application of paint, sealants and adhesives
  • Clean Technology Systems: air pollution control, noise abatement systems and coating systems for battery electrodes
  • Measuring and Process Systems: balancing equipment and diagnostic technology
  • Woodworking Machinery and Systems: machinery and equipment for the woodworking industry

This publication has been prepared independently by Dürr AG/Dürr group. It may contain statements which address such key issues as strategy, future financial results, events, competitive positions and product developments. Such forward-looking statements are subject to a number of risks, uncertainties and other factors, including, but not limited to those described in disclosures of Dürr AG, in particular in the chapter “Risks” in the annual report of Dürr AG. Should one or more of these risks, uncertainties and other factors materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performances or achievements of the Dürr group may vary materially from those described in the relevant forward-looking statements. These statements may be identified by words such as “expect,” “want,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. Dürr AG neither intends, nor assumes any obligation, to update or revise its forward-looking statements regularly in light of developments which differ from those anticipated. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies.

Our financial reports, presentations, press releases and ad-hoc releases may include alternative financial metrics. These metrics are not defined in the IFRS (International Financial Reporting Standards). Net assets, financial position and results of operations of the Dürr group should not be assessed solely on the basis of these alternative financial metrics. Under no circumstances do they replace the performance indicators presented in the consolidated financial statements and calculated in accordance with the IFRS. The calculation of alternative financial metrics may vary from company to company despite the use of the same terminology. Further information regarding the alternative financial metrics used at Dürr AG can be found in our → financial glossary on the web page.