ESG Ratings & Rankings
ESG ratings and rankings are a useful tool for us, allowing external bodies to assess the sustainability goals, KPIs, and measures developed, as well as the improvements achieved. ESG ratings and rankings help to:
- Identify and review current trends for the complex requirements in the area of sustainability;
- Define a common quality grade for sustainability requirements;
- Update investment decisions made by investors with a long-term focus;
- Supply content for external stakeholder communication to enhance the company’s reputation;
- Intensify dialogue between the Group’s departments and optimize improvement processes in sustainability management.
As a sustainably minded company, K+S is represented in several ESG ratings / rankings:
The answers to the CDP questionnaire of K+S AG can be found at:
Sustainable Development Goals (SDGs)
For achieving the seventeen Sustainable Development Goals (SDGs), companies are an important partner. K+S is actively committed to these goals. This involves the “Transformation of our world: the 2030 Agenda for Sustainable Development”. Companies can contribute to the achievement of the SDGs, on the one hand, through the value contribution of their products and, on the other hand, through the Company’s own processes.
EU principles for sustainable raw materials
We strive for sustainability and are committed to our responsibility towards community, economy, and environment in all the regions in which we operate. Sustainability is firmly anchored in our mission statement. We are pioneers in environmentally friendly and sustainable mining. Attention to the EU principles for sustainable extraction and processing of raw materials confirms our commitment. The principles were developed and agreed by the Raw Materials Supply Group (RMSG ), the EU Commission, as well as other authorities and institutions. These principles provide a better understanding of the conditions under which sustainable raw material extraction and processing takes place in Europe.
Task Force on Climate-related Financial Disclosures (TCFD)
The Task Force on Climate-related Financial Disclosure (TCFD) pursues climate-related disclosure of information in the areas of governance, startegy, risk management, and metrics and targets. We support the recommendations of the TCFD and already report the following information as part of the CDP questionnaire
Sustainability Accounting Standards Board (SASB)
The SASB standards serve as a guidance framework for the disclosure of material sustainability information in the communication of companies to their investors. SASB subdivides 77 industry standards, which can be subdivided in terms of content according to environmental, social and governance topics. These standards are essentially intended to support the disclosure of industry-related and financially relevant sustainability information to investors. K+S is assigned to the "Chemicals" standard and reports on the following topics accordingly.