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EQS-News: Klöckner & Co SE / Key word(s): Sustainability
Klöckner & Co receives the German Award for Sustainability Projects 2024 for its Nexigen® initiative
2024-06-12 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
. "Nexigen^® - Green Steel" takes first place in the "Supply chain" category
. High-profile jury recognizes the establishment of transparency regarding the carbon footprint of products
as added value for the industry as well as for other sectors
. A total of around 350 nominations in 28 categories
Duisburg, Germany, June 12, 2024 - Yesterday, Klöckner & Co received the German Award for Sustainability Projects 2024.
With its initiative "Nexigen^® - Green Steel" the Company took first place in the "Supply chain" category. Klöckner &
Co impressed the high-profile jury from business, science, and the media with the establishment of transparency
regarding the carbon footprint of products along the entire supply chain. According to the jury, the initiative added
value for the industry as well as for other sectors. This year, around 350 projects in 28 categories were nominated. A
high-profile jury of experts was responsible for the assessment and evaluation.
Marc Grewe, Head of Strategic Sustainability at Klöckner & Co SE: "We're pleased that our work on the transparency of
green products in the industry has been recognized with this award. With Nexigen^®, we are making it easier for our
customers to purchase CO[2]-reduced steel and metal products and we are providing them with information on the carbon
footprint of their materials to help them make more sustainable decisions. This is a crucial step in the transformation
towards sustainable supply chains."
Klöckner & Co considers the decarbonization of the steel industry to be a strategic opportunity for the Company and its
customers. The focus is on the sustainable transformation of the entire product and service range as well as the
Company's own business activities. Accordingly, the development of sustainable business models is a key element of the
corporate strategy. With the launch of the Nexigen^® brand, Klöckner & Co bundled its extensive range of sustainable
products and services. With the bundled product, the Company offers its customers transparent, low-carbon solutions.
This includes the development of a CO[2]-reduced material portfolio and the introduction of rating scales for "green"
steel, stainless steel and aluminum. The Company also developed the Nexigen^® PCF Algorithm, an innovative tool whose
PCF calculation methodology has been certified by TÜV SÜD. The web-based technology solution based on this algorithm,
Nexigen^® Data Services, makes the CO[2] emission data of the steel and metal products purchased by Klöckner & Co
transparent to customers and offers more sustainable product alternatives. Customers are actively supported in their
decarbonization efforts, allowing them to make more environmentally conscious decisions.
Furthermore, all of Klöckner & Co's net zero CO[2] targets have been recognized by the Science Based Targets initiative
(SBTi) as science-based targets in the standard validation process. The Company is thus fully committed to reducing
emissions along the entire value chain to net zero by 2050 in line with the SBTi targets.
The German Award for Sustainability Projects was presented for the first time in 2021. Since then, it has honored the
best sustainability projects in the German corporate landscape each year. Under the patronage of former Federal
Minister of Economics Brigitte Zypries, the award is presented by the German Institute for Service Quality (DISQ) in
partnership with news channel ntv and the online business platform "DUP Magazin". The award is intended to promote
implementation of the 17 Sustainable Development Goals of the United Nations.

About Klöckner & Co:
Klöckner & Co SE is one of the largest producer-independent distributors of steel and metal products and one of the
world's leading steel service center companies. With its distribution and service network of around 120 sites,
primarily in North America and the "DACH" region (Germany, Austria and Switzerland), Klöckner & Co supplies more than
60,000 customers. Currently, the Group has around 6,300 employees. Klöckner & Co generated sales of some EUR7.0 billion
in fiscal year 2023. With the expansion of its portfolio of CO[2]-reduced materials, services and logistics options
under the Nexigen^® umbrella brand, the Company is underscoring its role as a pioneer of a sustainable steel industry.
At the same time, Klöckner & Co leads the way in the steel industry's digital transformation and has set itself the
target of digitalizing and largely automating its supply and service chain. In this way, the Company aims to develop
into the leading one-stop shop for steel, other materials, equipment and processing services in Europe and the
Americas.
The shares of Klöckner & Co SE are admitted to trading on the regulated market segment (Regulierter Markt) of the
Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with further post-admission obligations (Prime Standard).
Klöckner & Co shares are listed in the SDAX^® index of Deutsche Börse.
ISIN: DE000KC01000; WKN: KC0100; Common Code: 025808576.

Contact Klöckner & Co SE:
Press
Christian Pokropp - Press Spokesperson
Head of Corporate Communications | Head of Group HR
+49 203 307 2050
christian.pokropp@kloeckner.com
Investors
Fabian Joseph
Head of Investor Relations
+49 203 307-2291
fabian.joseph@kloeckner.com
2024-06-12 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      Klöckner & Co SE 

Am Silberpalais 1
47057 Duisburg
Germany

Phone:        +49 (0)203 / 307-0 
Fax:          +49 (0)203 / 307-5000 
E-mail:       info@kloeckner.com 
Internet:     www.kloeckner.com 
ISIN:         DE000KC01000 
WKN:          KC0100 
Indices:      SDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1922531

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1922531 2024-06-12 CET/CEST

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June 12, 2024 02:00 ET (06:00 GMT)