Our sustainability framework

We want to create long-term value for our customers, employees, shareholders and other stakeholders by addressing their growing needs for sustainable solutions. This can only happen by tackling how Etex operates in the ecological, social and economic fields.


how we got there


Nov 2019 Jan 2020 July 2020
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First ESG Rating

First Communication of Progress to the United Nations Global Compact

Internal selection of the most Relevant Sustainable Development Goals (SDGs)


Oct 2020 Nov 2020 Mar 2021
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Creation of the Etex Materiality Matrix

Second ESG Rating

Definition of the Etex CSR strategy


July 2021 Oct 2021 2022
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Definition of sustainability priority areas

Publication of our first Sustainability Report Publication of our second Sustainability Report


A clear path to a sustainable future

All 193 member states of the United Nations adopted a plan to achieve a better future for all by ending extreme poverty, fighting inequality and injustice, and protecting our planet. These Sustainable Development Goals (SDGs) encompass 17 objectives for the year 2030.

Through an inclusive exercise involving our Senior Leaders in all divisions and regions, we selected 10 SDGs, in order of priority, as the ones which are most relevant for Etex.

Good health and well-being Decent work and economic growth
Clean water and sanitation Sustainable cities and communities
Quality education

Affordable and clean energy

Climate action

Gender equality

Responsible consumption and production

Industry, innovation and infrastructure



Materiality matrix of Etex

When translating our ambition into impactful initiatives aimed at achieving the SDGs, a collaborative exercise with a wide range of stakeholders provided us with powerful guidance. The aim of this engagement was to identify the list of sustainability topics where Etex has the most impact.

20 topics were shortlisted from an initial 120. In a next step, 650 stakeholders responded to a survey on the importance of these topics. Finally, we clustered the topics under five themes and, to sharpen our focus even further, we mapped them out according to importance to stakeholders and Etex’s impact.

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PEOPLE 01.png  Employee training and development
02.png  Employee engagement
03.png Inclusion and diversity (employees)
04.png Employee work-life balance, health and well-being
05.png Safety management
COMMUNITY RELATIONS 06.png Community engagement
07.png Responsible economic growth
08.png Customer and stakeholder relations and satisfaction
ENVIRONMENT 09.png Energy and emission management
10.png Renewable energy sourcing
11.png Impact of transport and logistics
12.png Water management
13.png Biodiversity and ecosystem management
14.png Waste management
FUTURE-PROOF CONSTRUCTION 15.png Sustainable products, services and innovation
16.png Circular economy
17.png Responsible materials sourcing
18.png Business ethics
19.png Fair operating practices in the value chain
20.png Pricing integrity, transparency and anti-trust


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Our ESG risk exposure

Etex monitors its environmental, social and governance (ESG) risk exposure. In 2021, our rating of 18.1 out of 100 indicates that we have a low risk exposure and are ranked favourably amongst our peers.

Our stakeholders clearly welcome greater understanding and transparency regarding our risk exposure score, which is determined each year by independent agency Sustainalytics.

The sustainability activities we have launched in line with our CSR strategy contribute directly to our sustainability risk management.