Vienna, 15.01.2025 – The ISS ESG rating agency confirmed UBM‘s coveted Prime Status, and EcoVadis awarded the company Platinum, the highest level, for the third time in succession. “ESG remains relevant just because we cannot financially afford the consequences of unchecked climate change“, explained Thomas G. Winkler, CEO of UBM Development AG. “However – as is the case with every megatrend, for example, the supply chain act – the excessive actions taken in recent years need to be corrected.” The lack of consequent CO2 pricing has distorted competition in a way that is not acceptable from a social or political standpoint. Evaluating the sense of some of these measures should also not lead us to lose sight of the fact that risk management will require the irreversible redirection of financial flows.
Prime Status from ISS ESG
This B rating and renewed confirmation of Prime Status from ISS ESG have made UBM the most sustainable company in the construction and real estate industry in Germany and Austria for four years. The sustainability analysts evaluate the ecological, social and corporate governance performance of companies based on roughly 100 selected branch-specific criteria. Prime Status is only awarded to leading companies in the respective industry.
Platinum from EcoVadis
The EcoVadis Platinum rating again positions UBM among the Top 1% of the over 150,000 companies evaluated worldwide. The analysis covers the four most important sustainability issues based on 21 criteria: the environment, labour and human rights, ethics, and sustainable procurement. UBM’s performance clearly exceeded the branch average in all four categories, not least due to the consistent implementation of measures which are extensively and transparently communicated in the annual ESG report.
UBM has also been included in Austria‘s VÖNIX sustainability index since 2022.
UBM Development is one of Europe´s leading developers of timber construction projects. The strategic focus is on green and smart building in major cities like Vienna, Munich, Frankfurt and Prague. Platinum from EcoVadis and Prime Status from ISS ESG confirm the consequent focus on sustainability. With over 150 years of experience, UBM offers all development services from a single source, from planning to marketing. The shares are listed on the Prime Market of the Vienna Stock Exchange, the segment with the highest transparency requirements.
For additional information contact:
Christoph Rainer
Head of Investor Relations & ESG
UBM Development AG
Mob.: + 43 664 80 1873 200
Email: christoph.rainer@ubm-development.com
Johannes Stühlinger
Head of Corporate Communications
UBM Development AG
Mob.: + 43 664 80 1873 184
Email: johannes.stuehlinger@ubm-development.com
