1. Homepage
  2. Equities
  3. Austria
  4. Wiener Boerse
  5. PORR AG
  6. News
  7. Summary
    POS   AT0000609607

PORR AG

(POS)
  Report
Delayed Wiener Boerse  -  05/18 11:35:17 am EDT
12.34 EUR   +1.98%
05/02PORR AG Appoints Klemens Eiter as Member of the Executive Board
CI
05/02PORR AG Appoints Klemens Eiter as CFO
CI
05/02PORR appoints Klemens Eiter as new CFO
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

PORR : gets top score in international climate rating

01/24/2022 | 03:14am EDT

Vienna, 24.01.2022 - The internationally renowned climate rating provider behind the Carbon Disclosure Project (CDP) has awarded PORR a top score. The Group made an impression with its strategy for energy efficiency and reducing emissions. In the Climate Change category, CDP awarded PORR an "A-", elevating the company to the "Leadership" band.

More than 13,000 companies worldwide took part in this year's rating by the Carbon Disclosure Project (CDP). In this challenging environment, PORR AG managed to get a top score of A- for the first time, in the category Climate Change, thereby entering the "Leadership" band. This establishes PORR as a best-practice company, one which acts as role model in issues of sustainability.

"We are especially pleased to have achieved exceptionally high scores not only when compared to international peers in the construction sector, but also when compared to all participating companies regardless of sector, from Europe and worldwide", said PORR CEO Karl-Heinz Strauss. PORR also participated in the Water category - for the first time this year - and scored a B right out of the gate.

The Carbon Disclosure Project (CDP) is a not-for-profit charity that provides a global reporting system for investors, companies, cities, countries and regions to measure their environmental impact. This serves as a basis for a future with an intact climate, free of deforestation and with safe water for all. In the meantime, the CDP has built up the world's largest database on these topics.

Climate protection is anchored in strategy

"This rating confirms we are on the right path with our climate strategy", said CEO Strauss. "Our focus is on using energy and resources efficiently and on reducing emissions. We achieve this by utilising closed resource cycles, renewable energy and digital building models". For example, in 2020, PORR was able to increase the amount of self-generated energy by 114 percent to 337 MWh within a single year. There was also a significant increase in the amount of recycled material used, rising by 7,586 tonnes. The stated target of reducing overall emissions by 7.5 percent by 2020 versus 2015 was met and even surpassed.

When purchasing construction machinery, the PORR Group buys next-generation equipment with a focus on alternative drives and energies. Equipment and fleet management is centrally controlled. Old production facilities are continuously upgraded and construction site logistics are optimised - to drive up energy efficiency on the one hand while reducing greenhouse gas emissions (GHG) on the other.

With the buildings it erects, PORR not only focuses on the construction method itself but also on maintaining the lowest possible carbon footprint throughout the building's entire lifecycle. One particularly sustainable building is under construction by PORR in Düsseldorf's Media Harbour. The Cradle is a recyclable wood-hybrid building. The building involves a wood-concrete construction with a facade made of wood and glass and a stairwell made of recycled concrete. Almost all of the material can be recycled after use.

All PORR sites are certified to the management system ISO 14001, with all sites in Austria meeting the additional requirements for ISO 50001 certification, whereby PORR also meets high standards in terms of environmental and climate protection. Construction techniques that conserve water are on the Group's agenda, along with increasing water efficiency in the construction phase. Progress made on the climate strategy is reviewed regularly with adjustments made as required.

Incentive for additional measures

Strauss sees this year's CDP rating as an incentive for further honing the environmental and climate protection strategy. "For 2022 we are planning additional construction projects that are sustainable and future-proof, projects that will set new benchmarks for the future", said Strauss. "We see this as an important remit. The intense consumption of resources means that the construction and real estate industry has a key responsibility to protect the environment".

Further information can be found on our webpages on Climate Strategy and Water Policy and Sustainability Ratings.

Disclaimer

Porr AG published this content on 24 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 08:13:02 UTC.


ę Publicnow 2022
All news about PORR AG
05/02PORR AG Appoints Klemens Eiter as Member of the Executive Board
CI
05/02PORR AG Appoints Klemens Eiter as CFO
CI
05/02PORR appoints Klemens Eiter as new CFO
AQ
04/29PORR : appoints Klemens Eiter as new CFO
PU
04/28PORR AG Reports Earnings Results for the Full Year Ended December 31, 2021
CI
04/28PORR : Yearly Financial Report
PU
04/28PORR : Investor Presentation, April 2022
PU
04/28PORR : Roadshow Presentation, April 2022
PU
04/28PORR : 2021 Sustainability Report
PU
01/25PORR achieves top score in international environmental rating
AQ
More news
Financials
Sales 2022 5 281 M 5 542 M 5 542 M
Net income 2022 59,6 M 62,6 M 62,6 M
Net Debt 2022 147 M 154 M 154 M
P/E ratio 2022 8,10x
Yield 2022 4,86%
Capitalization 482 M 506 M 506 M
EV / Sales 2022 0,12x
EV / Sales 2023 0,11x
Nbr of Employees 20 177
Free-Float 42,7%
Chart PORR AG
Duration : Period :
PORR AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PORR AG
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 12,34 €
Average target price 17,38 €
Spread / Average Target 40,8%
EPS Revisions
Managers and Directors
Karl-Heinz Strauss Chief Executive Officer
Klemens Eiter Chief Financial Officer
Karl Pistotnik Chairman-Supervisory Board
Josef Pein Co-Chief Operating Officer
JŘrgen Raschendorfer Co-Chief Operating Officer
Sector and Competitors