Ratings and certificates
PALFINGER's commitment to sustainability is reflected in various Environmental, Social, and Governance (ESG) ratings and recognitions, which evaluate our performance in environmental, social, and governance areas. Provided is an overview of our ratings across key sustainability assessments, with more information on each rating below.
CDP
The CDP is a globally recognized organization that evaluates companies, cities and governments based on their environmental disclosures, climate-related performance, and strategies for managing risks and opportunities linked to climate change. Originally focused on carbon emissions, CDP has expanded to cover climate change, water security, and deforestation. The goal of CDP is to encourage transparency in environmental reporting and help organizations manage and reduce their impacts. Founded in 2000, CDP works with over 18,700 companies, representing 50% of global market capitalization.
PALFINGER was awarded a B rating by the CDP (Carbon Disclosure Project) in January 2025. This achievement highlights our company's ongoing commitment to environmental transparency and sustainability. A B rating places us in the “Management” band, acknowledging that PALFINGER has taken coordinated actions to address climate challenges and is actively working to manage environmental impacts. This is a solicited (active) rating as PALFINGER submitted detailed information to showcase compliance with certain criteria.
Ecovadis
EcoVadis, trusted by over 1,400 enterprise companies to assess their trading partners, has rated over 150,000 companies globally.
PALFINGER achieved an EcoVadis score of 52, placing us in the "Bronze" category and reflecting solid performance in sustainability and corporate social responsibility (CSR). Our score highlights strong efforts across Environment, Labor & Human Rights, Ethics, and Sustainable Procurement, while also guiding us toward further enhancing our ESG performance to achieve higher recognition. This is a solicited (active) rating as PALFINGER submitted detailed information to showcase compliance with certain criteria.
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RFU Sustainability Rating
The rfu Sustainability Rating Methodology for Corporates is based on about 100 criteria / 300 indicators for studying and measuring a company’s sustainability performance. The model differentiates between (1) the social stakeholders versus the environmental dimension and at the same time between (2) the sustainability impact of products/services versus the management of sustainability. Our score was a B in 2025.
Sustainalytics
Morningstar Sustainalytics' ESG Risk Ratings provides a multi-dimensional assessment of a company's exposure to industry-specific material ESG risks and its management of those risks. The transparent methodology categorizes risks into five severity levels, offering an absolute measure of risk. PALFINGER scored a 34.6 (high risk) in 2025. This is an unsolicited (passive) rating as PALFINGER was assessed based only on what was made publicly available last year, without any direct contribution to the process.
Supplier Assurance
The Supplier Assurance ESG score evaluates how well a company manages its supply chain’s ESG performance. It considers factors like suppliers’ environmental impact, labor standards, human rights, ethical practices, and compliance with governance and regulatory standards.
VONIX
The VÖNIX index evaluates Austrian companies based on their ESG performance, focusing on criteria like climate impact, resource efficiency, employee responsibility, supply chain sustainability, and ethical governance. The VÖNIX Sustainability Index rated PALFINGER as a B-level sustainable company for 2023/2024, recognizing our commitment to sustainability and responsible business practices. This is a solicited (active) rating as PALFINGER submitted detailed information to showcase compliance with certain criteria.
MSCI ESG
MSCI ESG Ratings aim to measure a company’s management of financially relevant ESG risks and opportunities. They use a rules-based methodology to identify industry leaders and laggards according to their exposure to ESG risks and how well they manage those risks relative to peers. The ESG Ratings range from leader (AAA, AA), average (A, BBB, BB) to laggard (B, CCC).
Palfinger scored A in 2024. This is an unsolicited (passive) rating as PALFINGER was assessed based only on what was made publicly available, without any direct contribution to the process.
ISS ESG
Evaluate companies’ ESG-related risks, opportunities, and impact along the corporate value chain. Companies are rated, from D- to A+, on their sustainability performance on an absolute best-in-class basis.
Palfinger scored C in 2024. This is an unsolicited (passive) rating as PALFINGER was assessed based only on what was made publicly available, without any direct contribution to the process.
OTHER AWARDS AND RATINGS
2021
Ratings
2020
Awards
Green Brands Austria 2020/2021
Ratings
ISS ESG Rating 2020: Rating B-
2019
Awards
ASRA 2019: “Winner of Winners” (Special award conferred to the 20th ASRA anniversary for multiple ASRA-award-winning reporting in past years)
Green Brands Austria 2019/2020
PwC Building Public Trust Award 2019: Best Integrated Annual Report (Austria)
Salzburg Regionality Award 2019: Winner of the “Traffic and Mobility” category for PALFINGER Ride Sharing (location Köstendorf, AT)
Ratings
2018
Awards
ASRA 2018: 1st Place, category “Integrated Reports”
Green Brands Austria 2018/2019
Ratings
2017
Awards
ASRA 2017: 1st Place, category “Integrated Reports”
Economy Supports Volunteering 2017: 3rd Place, category “Exemption for training and operations”
Palfinger Produktionstechnik Bulgaria: Tenevo Prize for “Social Investments 2017”
Ratings
PALFINGER Epsilon: Quality seal for workplace health promotion
2016
Awards
ASRA 2016: 1st Place, category “Integrated Reports”
Green Brands Austria 2016/2017
Ratings
2015
Awards
Salzburg Business Prize 2015: category “Corporate Responsibility”
Ratings
PALFINGER Köstendorf: Quality seal for workplace health promotion
Double Materiality Assessment
Today, sustainability plays an integral role in meeting the needs of stakeholders, including customers, employees, policymakers and investors. Businesses must embrace Environmental, Social, and Governance (ESG) issues to secure their competitive edge. PALFINGER understands that to remain resilient and innovative in a rapidly evolving landscape, sustainability is no longer just about compliance but about driving long-term success.
In 2023, PALFINGER conducted its first Double Materiality Assessment to define which sustainability topics are most relevant to its operations, stakeholders, and future. Building on this, the assessment was updated in 2024 to reflect emerging trends and ensure continuous alignment with evolving priorities. This assessment is conducted in alignment with the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS), which demand transparency in addressing sustainability.
To start, a list of 25 ESG topics relevant to PALFINGER’s operations and stakeholder expectations was developed (based on extensive research). After which, PALFINGER conducted an online survey to gather insights from internal and external stakeholders. There was a strong stakeholder participation which provided valuable insights, ensuring that the assessment accurately reflected the priorities and concerns of those most affected by PALFINGER’s sustainability performance.
The results of the survey were analyzed to develop the Materiality Matrix: a visual representation of the most critical ESG topics for PALFINGER. This matrix serves as a foundation for strategic decision-making and helps the company prioritize its sustainability efforts. The topics outside of the grey area are deemed material for PALFINGER. The findings were the basis for the 5 strategic fields of action, which now guide decision-making and long-term sustainability initiatives. PALFINGER remains committed to continuous improvement in sustainability and will provide ongoing updates on its progress. By integrating double materiality into its corporate strategy, PALFINGER ensures that sustainability is not just a compliance requirement but a driver of long-term success and value creation.
