Throughout 2023 to early 2024, WIKA demonstrated a consistent and progressive commitment to implementing Environmental, Social, and Governance (ESG) principles , as reflected in the increase in scores and rankings in various international rating agencies.
1. Sustainalytics
WIKA obtained an ESG Risk Rating score of 33.0 in the fourth quarter of 2024 from Sustainalytics, which is categorized as a “High” risk level . Although it is considered high, this achievement shows an improvement from the previous quarter which recorded a score of 32.7 (Q3 2024) and a better score at the beginning of the year, namely 28.2 (Q1 2024).
Key Notes: The decline in score to 28.2 in Q1 2024 indicates success in risk management through increasing efficiency of emission and waste management and strengthening corporate governance systems.
2. MSCI ESG Rating
WIKA received a “B” rating from MSCI (Morgan Stanley Capital International), maintaining the position since December 2018. This assessment shows that WIKA continues to improve its sustainability performance , while reflecting the company's resilience in facing industry dynamics and strengthening the foundation of long-term sustainability.
Additional Note: This rating also reflects WIKA's readiness to launch transformative initiatives and expand its positive influence in the global market .
3. S&P Global ESG Score
WIKA recorded a significant jump in ESG score from 33 to 53 (up 20 points ), according to the S&P Global assessment last updated on March 20, 2025. This score includes:
- Environmental: 29
- Social: 77
- Governance: 47
This achievement places WIKA as:
- Ranked 12th in Asia Pacific
- Ranked 25th globally out of a total of 148 construction companies assessed
Key Highlights: This increase is concrete evidence of the effectiveness of WIKA's sustainability strategy , which is in line with global practices and stakeholder expectations.