GEA achieves inclusion in renowned Dow Jones Sustainability Europe Index

20.12.2022
GEA Group Aktiengesellschaft has been selected to become a constituent of the Dow Jones Sustainability Europe Index (DJSI Europe) effective December 19, 2022. In this year’s review, GEA is the only German company to be added into the DJSI Europe.
GEA achieves inclusion in renowned Dow Jones Sustainability Europe Index

(Image source: GEA Group Aktiengesellschaft)

Inclusion in the DJSI is based on the annual evaluation of the S&P Global Corporate Sustainability Assessment. This year, over 10,000 companies were invited to take part in the assessment. GEA significantly improved its score by 13 points to reach 69 out of 100 points in 2022 from 56 points in the previous year. Strong results were achieved in the categories “Business Ethics”, “Materiality”, “Information Security/Cybersecurity & System Availability” as well as “Environmental Reporting” and “Social Reporting”.

“Our efforts in 2022 clearly demonstrate GEA’s sustainability leadership,” says GEA CEO Stefan Klebert. “We are extremely proud to have entered into the DJSI Europe already this year – a goal we had set ourselves for 2026 at the latest as part of our Mission 26 strategy. I would like to thank our teams for their enduring commitment to our purpose, ‘Engineering for a better world’.”

GEA with several accolades for ESG efforts in 2022
GEA’s environmental, social and governance (ESG) performance is regularly assessed by ESG rating agencies. In 2022, GEA has already received several accolades for its efforts. GEA scored an ‘A’ for its climate activities for the second year in a row from environmental non-profit organization CDP. Among other top ratings, in November 2022 GEA received a low-risk rating from ESG rating company Sustainalytics. Additionally, GEA was a finalist for the German Sustainability Award 2022 in the category "Company" in the "Transformation Field Climate".

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