In 2024 rating agencies MSCI and ISS-ESG have analyzed the Environment, Social and Governance performance of our company, based on our publicly available information. Their reports are used by institutional investors and financial service companies. Bekaert received a rating of 'AA' in the MSCI ESG Ratings assessment (above average) and 'C+' rating in the ISS-ESG rating (on a scale from D- to A+), which is on average within the sector.
Bekaert received a silver level in the EthiFinance 2024 campaign, based on its 2023 data disclosures. EthiFinance is an independent financial and non-financial rating, research and consulting agency.
In consideration of Bekaert's medium exposure and strong management, Morningstar Sustainalytics rated Bekaert to be at medium risk of material financial impacts driven by ESG factors. Morningstar Sustainalytics provides high-quality, analytical environmental, social and governance (ESG) research, ratings and data to institutional investors and companies.
Bekaert has received a Gold recognition level from EcoVadis related to Bekaert’s 2024 disclosures.
In response to growing interest throughout the supply chain to report on the carbon footprint of operations and logistics, Bekaert also participates in the Climate Change and Water questionnaire of CDP. Bekaert received a C level for the Climate Change listing and a B level for the Water listing based on 2023 data disclosures.