Award for Evonik's reporting
The specialty chemicals company Evonik Industries AG has received the Building Public Trust Award from the audit firm PricewaterhouseCoopers (PwC) in the category MDAX. PwC makes this award to companies that credibly highlight non-financial value drivers in both their conventional financial reporting and their sustainability reporting.
In its decision, the jury of renowned experts honoured Evonik for systematically embedding non-financial performance indicators in its consolidated management report, and for the "very well structured and very informative sustainability report, which has been driven forward speedily and boldly. Consistency, rigorousness and a credible commitment by the management to sustainable business activities are other positive factors." Thomas Wessel, the member of Evonik's Executive Board responsible for sustainability: "We are delighted by this award, which is a tribute to the rapid development of our reporting. At the same time, it is an incentive for us to constantly strive for a further improvement in both our reporting and our activities in the areas of corporate governance and sustainability in the future."
In 2016 Evonik restructured its sustainability report and aligned it systematically to materiality. Targets and key indicators provide clear information on the company's progress towards greater sustainability.
Caption: Thomas Wessel, the member of Evonik's Executive Board responsible for sustainability, with the Building Public Trust Award.
Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, customer-orientated innovative prowess and a trustful and performance-oriented corporate culture form the heart of Evonik’s corporate strategy. They are the lever for profitable growth and a sustained increase in the value of the company. Evonik benefits specifically from its customer proximity and leading market positions. Evonik is active in over 100 countries around the world with more than 35,000 employees. In fiscal 2016, the enterprise generated sales of around €12.7 billion and an operating profit (adjusted EBITDA) of about €2.165 billion.
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.