
Elmos Semiconductor SE Achieves Prime Status in ISS ESG Sustainability Rating
TL;DR
Elmos Semiconductor's Prime Status award provides a competitive edge by signaling strong ESG credentials to sustainability-focused investors and customers.
ISS ESG evaluated Elmos Semiconductor across 100 industry-specific environmental, social responsibility and corporate governance indicators to award Prime Status with a C+ rating.
Elmos Semiconductor's sustainability commitment contributes to positive environmental and social impacts while pursuing long-term profitable growth for future generations.
Elmos Semiconductor achieved its first Prime Status recognition for sustainability performance after over 40 years developing intelligent microchip solutions for automotive innovation.
Elmos Semiconductor SE has been awarded Prime Status for the first time in the sustainability rating by the internationally renowned rating agency ISS ESG. As part of the regular review, Elmos improved its ESG Corporate Rating to C+ and now meets the high industry-specific requirements for Prime Status.
Dr. Arne Schneider, CEO of Elmos Semiconductor SE, stated that the Prime Status award confirms the company's commitment to sustainable development and demonstrates Elmos's aspirations in environmental protection, social responsibility, and corporate governance. This recognition reinforces the company's strategy of achieving long-term profitable growth while making a positive contribution to the environment and society.
The ISS ESG Corporate Rating assesses the sustainability performance of several thousand companies and provides sustainability indicators for institutional investors. The comprehensive assessment covers approximately 100 industry-specific ESG indicators across environmental, social responsibility, and corporate governance categories. This rigorous evaluation process ensures that Prime Status recipients demonstrate exceptional sustainability practices within their respective industries.
For investors and stakeholders, this Prime Status designation signals Elmos's strong environmental, social, and governance performance, potentially enhancing the company's attractiveness to sustainability-focused institutional investors. The achievement reflects the semiconductor industry's increasing emphasis on sustainable practices, particularly as companies face growing regulatory pressure and consumer demand for environmentally responsible operations.
The recognition comes at a time when the semiconductor sector is under scrutiny for its environmental impact and supply chain practices. Elmos's improved rating to C+ and Prime Status achievement positions the company as a sustainability leader within the industry, potentially influencing competitors to enhance their own ESG initiatives. Information on sustainability at Elmos can be found on the company's sustainability website at https://www.elmos.com/english/about-elmos/company/sustainability.
This development has broader implications for the automotive semiconductor market, where Elmos primarily operates. As automotive manufacturers increasingly prioritize sustainability in their supply chains, Elmos's Prime Status may provide competitive advantages in securing contracts with environmentally conscious automakers. The achievement also aligns with global trends toward sustainable technology development and responsible corporate practices in the semiconductor industry.
Curated from NewMediaWire