Jenoptik sustainability ratings, rankings and awards
Improvement to "AA"
The Jenoptik Group improved from A to AA in the latest sustainability rating from MSCI, a leading global provider of sustainability analyses and ratings, in January 2023. Jenoptik is thus one of the 15 percent of the world’s best-rated companies in the Electronic Components sector, making it a group of frontrunners in sustainability, according to MSCI. The improved rating is based, among other things, on the well-coordinated governance practices and guidelines on business ethics, anti-corruption, and a system for internal and external complaints management.
About the rating: MSCI ESG Research, based in New York, is one of the world’s largest providers of sustainability analyses and ratings on the environment, social matters and governance (ESG). With 40 years of research expertise, sustainability products and services are used by global clients to integrate ESG factors into the investment process to identify material ESG risks and opportunities that do not come under the conventional investment research process.
Each company is primarily classified in terms of its ESG risks and how well these risks are managed compared to other competitors, classified as: “Leader” AAA-AA, “Average” A-BB, “Laggard” B-CCC. In total, there are seven different classifications. This evaluation also includes equity, fixed income securities, loans, investment funds, ETFs and countries in which the Company operates. In addition, how the group behaves towards its employees, and how it manages its water and its CO2 footprint are assessed.
Disclaimer statement: The use by Jenoptik of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Jenoptik by MSCI. MSCI services and date are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
EcoVadis gives Jenoptik “Silver Status”
Jenoptik has once again undergone a comprehensive review by the international rating agency for EcoVadis sustainability assessment – and has once more received silver status for its company-wide sustainability management. This means that Jenoptik is in the top third of all companies rated.
EcoVadis analyses the sustainability performance of companies in the four categories of environment, labor practices & human rights, fair business practices and sustainable purchasing.
About the rating: EcoVadis has operated an independent, collaborative platform since 2007 that provides CSR ratings from suppliers to global supply chains. EcoVadis aims to promote companies’ environmental and social practices through CSR performance monitoring within the supply chain and to help companies improve sustainability.
Sustainalytics 2022: Jenoptik above average in a sector comparison
Jenoptik was able to further reduce sustainability risks and is classified as a “Low Risk Company” in the latest Sustainability update from May 2022. With a rating of 10.3, the group made it into the top 3 companies in the peer group in the Electronic Equipment sector.
About the rating: Sustainalytics is now part of Morningstar and specializes in assessing the future viability of companies with regard to their ESG criteria. The Amsterdam-based company employs over 600 people, offers data on 40,000 companies worldwide and ratings on 20,000 companies in 172 countries. Sustainalytics is all about balancing risks. In general, the lower the ESG risk rating as such, the lower the risk of suffering financial harm from the ESG factors.
Charter of Diversity for a better working environment
Jenoptik advocates a respectful and unbiased working environment that values talent based on performance – regardless of age, gender and gender identity, ethnic origin and nationality, religion and belief, sexual orientation and identity or physical abilities. That’s why Jenoptik signed the Charter of Diversity in August 2020 and is, therefore, part of an employer initiative to promote diversity in companies and institutions.
ISS ESG awarded Jenoptik a C rating
On a scale from A (best grade) to D, Jenoptik was given a C grade by the ISS ESG rating agency in 2022. The group thus improved by one grade point compared to the previous year (C-) and belongs to the top third of companies in the Electronic Components sector rated by ISS ESG.
About the rating: ISS ESG is a rating agency in the sustainable investment segment that examines companies according to a variety of ecological and social criteria. Up to 100 rating criteria are applied for the ESG rating. They include, among other things, a strategy for climate change, environmental management, corporate governance, sustainability of the products, human rights and the shareholder structure.