HENSOLDT receives sustainability awards

@Biletskyi Levgenii – stock.adobe.com

Taufkirchen 16. February 2024 – The sensors Solutions provider HENSOLDT receives the ESG Transparency Award (ESG = Environment, Social, Governance), and is once again ranked number 1 in the aerospace and defence industry by Sustainalytics. This puts HENSOLDT at the forefront of the industry in terms of sustainability criteria and gives the company a "low risk" rating.

The rating, research, and data company Sustainalytics is part of the Morningstar Group. It assesses companies regarding sustainability risks that can have a significant financial impact on companies. The criteria analysed include respect for human rights and supply chain management as well as environmental and climate change risks. More than 15,700 companies were assessed, 101 of them from the aerospace & defence sector.

The financial year and the relevant Sustainability Report 2022 were analysed. Specifically, HENSOLDT achieved an ESG Risk Rating of 16.1 points (from 100 to 0 points - 0 points is the best), making us the only company in the industry in the "Low Risk" category (10-20 points). In numerous categories - including "Product Governance", "Human Capital", "Bribery & Corruption" and "Occupational Health & Safety" - we even achieved a score below 10, which corresponds to a "negligible risk" rating.

"It makes us very proud to have achieved such a great result. We will continue to increase our focus on sustainability and drive forward the reduction of our carbon footprint," says Dr. Monica Streck, Head of Global/Group Sustainability at HENSOLDT. 

In addition to an excellent rating, HENSOLDT also received the ESG Transparency Award. This award is presented annually by the EUPD Research Group, a market research company that carries out certifications for companies, projects, and products. This award recognises HENSOLDTs efforts in disclosing the companies environmental, social and governance (ESG) practices. 

"ESG reporting has evolved from being a niche activity to a fundamental aspect of corporate governance and investor relations," says Dr. Streck. "Investors, consumers and stakeholders are increasingly demanding more transparency about how companies deal with environmental challenges, treat their employees and adhere to ethical standards. ESG factors are now an essential part of assessing a company's long-term viability, risk management strategies and overall performance."
 

About HENSOLDT 

HENSOLDT is a leading company in the European defence industry with global reach. Based in Taufkirchen near Munich, the company develops complete sensor solutions for defence and security applications. As a technology leader, HENSOLDT drives the development of defence electronics and optronics and is continuously expanding its portfolio based on innovative approaches to data management, robotics and cyber security. With more than 6,500 employees, HENSOLDT achieved a turnover of 1.7 billion euros in 2022. HENSOLDT is listed in the MDAX on the Frankfurt Stock Exchange.
 

Press contact

Nora Urban
Tel.: +49 151 59 17 72 11
Mail: nora.urban@hensoldt.net 

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