Osram One of the 20 Most Sustainable Companies in the World
MUNICH--(BUSINESS WIRE)--Jan 23, 2020--
Environmental protection and sustainable management are two of the dominant topics of the World Economic Forum in Davos. The most sustainable companies in the world are awarded every year by the Canadian research company Corporate Knights. Osram made it as the most sustainable company in Germany to the worldwide top 20. The high-tech company is thus underlining its sustainability performance of recent years. Osram is today also publishing its sustainability report for fiscal year 2019 on its current activities.
For the second time in a row Osram made it into the “Global 100 Index,” as Corporate Knights calls its ranking of the 100 most sustainable companies worldwide. Osram is at the top of the most sustainable companies in Germany. In total, only five German companies made it to the ranking. Among the 7,400 companies evaluated worldwide, Osram is at eleventh position.
In Davos, Osram also can look forward to the award as the most sustainable lighting manufacturer in the world. The World Finance Magazine honored the photonics champion with the World Finance Sustainability Award.
The awards that Osram receives at the World Economic Forum are not without reason. The company is strongly committed to transparency regarding its sustainability activities and therefore publishes a detailed sustainability report every year. The focus of the report published today is on management and progress on all key issues for which Osram takes responsibility within its own activities and in its value chain. The importance Osram gives to sustainable business is also demonstrated by the goal it set for itself in December 2019 to achieve climate neutrality in its business activities by 2030.
You can find the sustainability report and the sustainability magazine at https://www.osram-group.com/en/sustainability
OSRAM, based in Munich, is a leading global high-tech company with a history dating back more than 110 years. Primarily focused on semiconductor -based technologies, our products are used in highly diverse applications ranging from virtual reality to autonomous driving and from smartphones to smart and connected lighting solutions in buildings and cities. OSRAM uses the endless possibilities of light to improve the quality of life for individuals and communities. OSRAM’s innovations enable people all over the world not only to see better, but also to communicate, travel, work and live better. OSRAM has approximately 23,500 employees worldwide as of end of fiscal 2019 (September 30) and generated revenue of about 3.5 billion euros from continuing activities. The company is listed on the stock exchanges in Frankfurt and Munich (ISIN: DE000LED4000; WKN: LED 400; trading symbol: OSR). Additional information can be found at www.osram.com.
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