We are proud to announce that RHI Magnesita has achieved a significant improvement in its EcoVadis ESG rating, reinforcing our position as a global sustainability leader in the industrial sector.
EcoVadis updated our ESG rating yesterday, and our overall score has risen by 3 points, placing us in the 97th percentile worldwide. This means our sustainability performance now equals or exceeds that of 97% of over 150,000 companies assessed by EcoVadis across more than 185 countries.
This improvement also continues to unlock annual interest savings of approximately €500,000 through our sustainability-linked financing facilities — demonstrating how strong ESG performance translates into tangible financial value.
Reflecting our strategic focus on sustainability as a key driver of business performance and long-term impact, this year’s score was boosted by improvements in three critical areas.
Key Drivers of Progress:
Since 2021, RHI Magnesita’s core loan facilities are directly linked to our Ecovadis rating, highlighting our commitment to continuously progress with our sustainability strategy.
EcoVadis is the world’s largest and most trusted provider of business sustainability ratings. Its methodology evaluates companies across four categories: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
Widely used by global customers, financial institutions, and supply chain partners, the EcoVadis rating plays a key role in strengthening credibility, comparability, and transparency in ESG performance — making it an essential benchmark for our stakeholders.