Aquafil Ranked First Among Global Companies in the ‘textiles’ Subindustry According to Morningstar Sustainalytics Esg Risk Rating

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Arco, Italy, Dec. 20, 2023 (GLOBE NEWSWIRE) — AQUAFIL RANKED FIRST AMONG GLOBAL COMPANIES
IN THE “TEXTILES” SUBINDUSTRY
ACCORDING TO MORNINGSTAR SUSTAINALYTICS ESG RISK RATING

Arco, December 20, 2023 – Aquafil S.p.A. [ECNL:IM] [ECNLF:OTCQX] ranked as the highest firm globally within the “Textiles” subindustry in accordance with the Morningstar Sustainalytics ESG Danger Ranking¹.

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The superb ranking of 10.7 improved by 4.7 factors² from the ranking obtained in 2022.
In the present day, the Group is ranked within the “low” ESG danger stage, barely above the “negligible” one.
The rating is measured on a scale consisting of 5 ranges (Negligible, Low, Medium, Excessive, Extreme) and a ranking from 1 (lowest danger) to 100 (highest danger).

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Furthermore, with this end result, Aquafil is within the third percentile of the businesses rated globally by Morningstar Sustainalytics, a number one firm in ESG evaluation and analysis. An summary of the report is posted on the web site at: https://www.sustainalytics.com/esg-rating/aquafil-spa/2005614095

“The end result obtained confirms our dedication and the effectiveness of the development course of already initiated, which goals to attain, by 2025, a negligible evaluation of the ESG danger stage”, said Giulio Bonazzi, Chief Government Officer of Aquafil.

For extra info on Aquafil’s ESG dedication and particular initiatives, please see the Sustainability part on the web site https://www.aquafil.com/esg-agenda-2030/

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Aquafil is a pioneer within the round financial system additionally due to the ECONYL® regeneration system, an modern and sustainable course of in a position to create new merchandise from waste and provides life to an limitless cycle. The nylon waste is collected in places all around the world and consists of industrial waste but in addition merchandise – resembling fishing nets and rugs – which have reached the top of their helpful life. Such waste is processed to acquire a uncooked materials – caprolactam – with the identical chemical and efficiency traits as these from fossil sources. The polymers produced from ECONYL® caprolactam are distributed to the Group’s manufacturing crops, the place they’re remodeled into yarn for rugs carpet flooring and for clothes.

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Based in 1965, Aquafil is without doubt one of the primary producers of nylon in Italy and worldwide. The Group employs over 2,800 folks, at 19 manufacturing websites positioned in 9 international locations and in 4 completely different continents, extra exactly in Italy, Slovenia, Unites States, China, Croatia, Thailand, Australia and Japan.

For additional info

Traders Contact

Karim Tonelli
investor.relations@aquafil.com
mob: +39 348 6022.950

Barabino & Companions IR
T: +39 02 72.02.35.35
Stefania Bassi
s.bassi@barabino.it
mob: +39 335 6282.667
Agota Dozsa
a.dozsa@barabino.it
mob: +39 338 7424.061
                

Media Contact
Barabino & Companions
Federico Vercellino
f.vercellino@barabino.it
T: +39 02 72.02.35.35
mob: +39 331 5745.17

1 The ESG Danger Ranking of Sustainalytics measures an organization’s publicity to materials ESG dangers particular to its goal trade and the extent of administration of these dangers, utilizing a multidimensional technique of danger measurement.

2 The earlier ranking of 15.4 was “Core” whereas the present ranking is “Complete.”

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