04.feb.2022 - Stokke

Proposal to the ALSO AGM: Incorporating ESG in the Articles of Association

In Sustainalytics’ latest ESG Risk Rating, ALSO therefore ranks 81st out of a total of over 15,000 companies assessed, making ESG a “negligible risk”, the lowest risk category, for the company. Now it is going one step further, incorporating ESG criteria in its Articles of Association. To support and monitor the implementation, a Sustainability/ESG Committee consisting of internal and external experts will be formed to complement the existing Audit Committee.

Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN): “Over the past eleven years, we have developed an assessment system for measuring our sustainable performance and implemented it in the organisation. The results have been communicated in our Annual Reports, and since last year in a separate ESG report due to the steadily increasing volume. We had to develop a lot ourselves and unfortunately there still is no binding regulation from the legislators. Together with the experts of the Sustainability Committee, we now want to work on additional areas and thus continue to drive sustainable, profitable growth.”