dormakaba has earned prominent recognition for its sustainability management and is listed as one of the 500 'World’s Most Sustainable Companies 2024' by TIME magazine. The ranking has been developed for the first time by TIME in partnership with Statista with the aim to recognize corporate responsibility and advance sustainable practices.
"We have worked diligently to establish a leading sustainability program in our industry, and we are delighted to have been recognized by TIME magazine for what we have achieved. Of course, sustainability management is a marathon, not a sprint. So, we are fully dedicated to continuing on this journey together with our colleagues across the world," said Stephanie Ossenbach, Group Sustainability Officer of dormakaba.
Other significant recognitions
The comprehensive methodology of the selection tapped from a pool of more than 5,000 of the world's largest and most influential companies, assessed over 20 sustainability criteria, including performance in relevant areas of environmental and social KPIs, such as carbon emissions, energy intensity, employee turnover and work safety, public commitment to sustainability targets and transparent reporting. The top-scoring 500 companies were awarded as 'World’s Most Sustainable Companies 2024'.
During this year dormakaba achieved other significant recognitions for its sustainability performance, such as a gold medal from the sustainability assessment firm EcoVadis, Prime Status by the ISS ESG Corporate Rating and AA rating by MSCI. Further, dormakaba was recently named as one of Europe’s Climate Leaders by the Financial Times.
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