Fundamentals

ESG ratings

The feedback of ESG (environmental, social and governance) rating agencies is very important to us as a benchmark and an indicator of our stakeholders’ main concerns.

ESG RATINGS

2021

2020

2019

Last update

Scale

CDP (climate rating)

A

A

A

Dec 2021

A to F

EcoVadis

61

61

59

Oct 2020

The best 1% (75 – 100)
The best 5% (67 – 74)
The best 25% (56 – 66)

The best 50% (47– 55)

ISS ESG 

C+

B–

B–

Dec 2021

A+/4.00 to D – /1.00

MSCI 1)

A

A

A

Dec 2021

Leader (AA– AAA)

Average (BB– A)

Laggard (CCC– B)

Sustainalytics 2)

19.7

19.5

25.7

Aug 2021

Risk assessment:

negligible (0 –10)
low (10 –20)

medium (20 –30)

high (30 –40)

severe (40 –100)

V.E

52

46

44

Sep 2021

advanced (60 –100)

robust (50 –59)

limited (30 –49)

weak (0 –29)

In alphabetical order.
1) In February 2022, MSCI raised DB Group’s ESG rating to “AA.”
2) In February 2022, Sustainalytics adjusted the ESG risk of DB Group to 24.4 (medium risk).

  • Our ISS ESG corporate rating worsened slightly. This was in part due to our performance in the eco-efficiency cate­gory resulting from decreased capacity utilization caused by the Covid-19 pandemic.
  • Our V.E rating improved in 2021, placing us above the average for the industry.

More information on our ESG ratings are available on our investor relations Web site.

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