METRO has been awarded with the Building Public Trust Award in the category "MDAX" from PricewaterhouseCoopers (PwC). For the second time PwC bestow those companies who give an overall and trustful picture on their performance and future viability in their reportings. Particularly also non-financial aspects but rather embedded in the overall context of the business performance. Among the winners are also SAP, Deutsche Telekom, BASF and Evonik.
"METRO’s priority for 'sustainable action' is higher compared to many other MDAX companies. This is certainly the impression gained after a detailed review of METRO’s CSR Report, which is distinguished by a high transparency in terms of sustainability measures, target achievement and non-financial indicators", says juror Robert Haßler in his Laudatio.
As stated by PwC it is more than a nice-to-have to win the trust of customers and investors – it is decisive for the success of the company. "84 percent of a company’s market value is determined through non-financial value driver, but only 23 percent of the DAX-companies give insight in their business models. With our award, we would like to motivate companies to further develop their reporting in terms of an integrated reporting, which includes sustainability", says Petra Justenhoven, member of the Board and head of auditing and audit-related consulting at PwC Germany.
Link to the CR-Report