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07 November 2014

Krones scores well in sustainability rating

In the globally recognised annual sustainability ratings issued by Oekom Research AG, Munich, Germany, Krones AG, Neutraubling, Germany, has improved its status from a C+ Prime to a B- Prime. This is the best rating achieved since the company was first included in the analyses. With this rating, Krones AG now ranks among the three best companies in the “machinery” category, and is thus listed as an “Industry Leader”.

The Oekom Research “universe” comprises more than 3400 companies worldwide, especially firms in major national and international indices, but also small and mid-caps from sectors with a connection to sustainability. The ratings for a company’s social and ecological performance are drawn up using about 100 social, economic and ecological criteria, selected specifically for each particular sector.

An external Rating Committee supports the analysts in the substantive formulation of sectorally specific criteria, and at the end of the rating process performs a final plausibility check of the assessment, and the results obtained. The rating scale ranges from A+ to D-, though as yet no company has ever been awarded an A+ rating.

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