GERMANY - The Pfleiderer Group has achieved significant success through its dedicated focus on sustainable business practices.

In the annual assessment conducted by EcoVadis,wood-based materials manufacturer not only successfully retained its gold rating but also elevated its overall score by 5 points, reaching a total of 76 out of 100.

EcoVadis, a prominent global evaluator of ESG activities (Environmental, Social, and Governance), assesses criteria spanning environmental impact, labor practices, human rights, ethics, and sustainable procurement. The organization bestows annual medals based on these evaluations.

Thanks to the steadfast execution of its ESG strategy, Pfleiderer continues to belong to the top 5 percent of all evaluated companies. Notably, marked enhancements in labor practices, human rights, and ethics significantly contributed to this achievement.

Dr. Frank Herrmann, CEO of the Pfleiderer Group, underscores the renewed gold rating's significance, stating, "This reaffirms that we are consistently pursuing progress. Our ESG initiatives are seamlessly integrated into our strategy and are not only recognized by external rating agencies but also valued by our customers. Thus, sustainable business practices are intertwined with economic success, yielding benefits for all stakeholders."