Austria’s second largest construction company PORR has achieved Prime status for the second time in a row from renowned sustainability rating agency ISS ESG. PORR’s leading position as one of the most sustainable companies in its sector and on its home markets has thereby been confirmed again.
“This great achievement demonstrates our commitment to proactive sustainability and transparency”, said Karl-Heinz Strauss, CEO of PORR. “We have opted for a pragmatic but highly focused approach – totally in line with our ‘Green and Lean’ strategy. Because the future can be built sustainably”.
A core component of the “Green and Lean” strategy are its ambitious climate targets. PORR’s focus is on active energy and emissions management as well as on expanding recycling as part of a circular economy, all while digitising and streamlining processes. This commitment has now been recognised again by the international rating agency ISS ESG.
An industry leader
The external assessments by ESG rating agencies are important tools that allow every stakeholder to check the course of sustainability management. ISS awards Prime status to the companies found to be leaders in their industry. More than 100 criteria are analysed under the Environmental (E) Social (S) and Governance (G) pillars. PORR received a very high rating of C+ for the industry, putting it well ahead of other construction companies.
For PORR CEO Karl-Heinz Strauss, the further expansion of the “Green and Lean” strategy is a must. PORR has set itself ambitious goals: These include the gradual decarbonisation of construction processes and an increased focus on the circular economy. “Of course, fine words alone are not enough. ESG has become the core issue for our industry: Our customers and investors demand that we take concrete and transparent action”.