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Bekaert in TIME's Top 500 of the World's Most Sustainable Companies of 2024

Bekaert is considered one of the 10% most sustainable companies in the world! For the first time ever, American magazine TIME, in collaboration with data firm Statista, has released a list of 500 companies excelling in sustainability. This comprehensive evaluation of over 5,000 of the world's largest and most influential companies highlights those making significant strides for the earth. We are proud that Bekaert has earned this prestigious recognition, as our products and services support our customers around the globe achieving their sustainability goals as well.

TIME magazine and Statista, a leading statistics and industry ranking provider, employed a rigorous methodology to identify the world's most sustainable companies for 2024. This process involved assessing the sustainability goals and progress of 5,000 companies, focusing on both environmental and social aspects on more than 20 key data points. External ratings and commitments from reputable organizations such as Science Based Targets were considered, and high standards were applied to metrics including Scope 1 and 2 emissions, energy consumption, emissions reductions in 2021 and 2022, and proportion of renewable energy used. Based on this assessment, Bekaert was included in the top 10% in the world, reflecting Bekaert's significant achievements in these areas.

Read more: Bekaert obtains SBTi validation for the Group's carbon reduction targets

Commitment to Sustainability

This recognition highlights Bekaert's steadfast commitment to sustainability and our dedication to creating a better tomorrow. The assessed metrics demonstrate our adherence to sustainable practices, delivering substantial benefits to our customers. Positioned at the forefront of industrial sustainability, we set a benchmark for transparency and accountability, pushing the industry towards more responsible, efficient, and eco-friendly solutions. Our strong social performance also ensures a healthy, supportive work environment, thereby enhancing the overall quality of service offered to our customers, industry, and partners. Our commitment, along with our products and services, supports customers in achieving their sustainability goals, fostering long-term partnerships and providing unparalleled value.

Ann-Francoise Versele, VP Sustainability at Bekaert: "We are deeply honored to have Bekaert recognized among TIME's World's Most Sustainable Companies for 2024. This external recognition reaffirms our solid commitment to sustainability and our efforts to drive positive environmental and social impact. I want to extend my heartfelt thanks to our dedicated employees whose hard work and determination have made this achievement possible. As we look to the future, we remain committed to continuously setting new benchmarks in sustainability and delivering on our goals to create a better tomorrow."

Read more in TIME magazine: World's most sustainable companies of 2024

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Bekaert NV published this content on 10 July 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 July 2024 07:45:07 UTC.