For the fourth time in a row, PORR has achieved a top score across the industry with an “AA” rating from MSCI. PORR scored particularly highly with its performance in the areas of sustainable infrastructure, recycling and the remediation of contaminated sites.
“Transparency is essential in ESG reporting. As a construction company, we take our responsibility seriously and lay our cards on the table. We are therefore all the more pleased that MSCI has confirmed our leading position compared to our global competitors with this renewed “AA”,” says Karl-Heinz Strauss, CEO of PORR. In its regular ESG rating, the financial services provider MSCI measures the resilience of companies to ESG risks. In particular, measures in the areas of “Opportunities in Clean Tech”, “Health & Safety” and “Governance” are scrutinised.
MSCI particularly emphasised the area of corporate governance and PORR’s efforts in terms of ethics and human rights: the construction company has a robust set of rules with detailed guidelines against corruption and bribery, for example, and thus achieved the highest score in the industry. The measures relating to health and safety at work also stand out from the competition thanks to their detailed targets. PORR also scored highly in the “Opportunities in Clean Tech” category with its broad service portfolio in the fields of environmental technology and green infrastructure. According to MSCI, these accounted for 23% of revenue in the year under review – significantly higher than the industry average of 13%. “The award confirms that we are on the right track with our Green and Lean strategy,” says Karl-Heinz Strauss.
