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FUCHS honored as the most diverse MDAX company

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DGAP-News: FUCHS PETROLUB SE / Key word(s): Miscellaneous
FUCHS honored as the most diverse MDAX company
28.04.2022 / 18:14
The issuer is solely responsible for the content of this announcement.

FUCHS honored as the most diverse MDAX company

FUCHS PETROLUB, the world's largest independent lubricant manufacturer, took 3rd place overall in the BCG Gender Diversity Index 2021 and enjoys the honor of being the highest ranked MDAX company. Deutsche Telekom took first place, followed by SAP.

Consultancy firm Boston Consulting Group (BCG) cooperated with the Technical University of Munich (TUM) in analyzing Germany's 100 largest listed corporate groups for this survey. Multiple components were examined, namely the proportion of women holding Executive Board and Supervisory Board positions, as well as their compensation in comparison with their male colleagues.

"We are delighted to have moved up from 5th place in the previous year to 3rd place in 2021," explains Stefan Fuchs, Chairman of the Executive Board at FUCHS PETROLUB SE. "At FUCHS, we see diversity not only as an economic success factor, but also an important component of our corporate culture. Our aim is to keep improving year after year." This is an extremely important result from Stefan Fuchs' perspective, as it is not based on a submitted application, but rather on a neutral evaluation.

The observation that companies which do well in the BCG Gender Diversity Index often also achieve a high ESG score is also interesting. It suggests to the author that corporate groups which promote gender diversity at the top management level also act more socially, ecologically and sustainably. In fact, the FUCHS Group has now been fully committed to this topic for ten years with its sustainability strategy.

Stefan Fuchs accepted the Diversity Champion Award on behalf of the company on April 27 in Hamburg's HafenCity district as part of the "Top 100 Women Networking Dinners". In the presence of ECB President Christine Lagarde (keynote speaker), this event was used to honor the 100 most influential women in the German economy, the Diversity Champions, as well as the prima inter pares, Martina Merz.

Stefan

Mannheim, April 28, 2022


FUCHS PETROLUB SE
Public Relations
Einsteinstraße 11
68169 Mannheim
Tel. +49 (0)621 3802 1104

tina.vogel@fuchs.com
www.fuchs.com/group

The following information can be accessed via the Internet:
Image and video material: www.fuchs.com/de-de/photo-gallery/

About FUCHS
FUCHS develops, produces and markets high-grade lubricants and related specialties for virtually all industries and areas of application. The company, which was founded in Mannheim in 1931, employs around 6,000 people worldwide at 57 operating companies. FUCHS is the world's largest independent lubricant manufacturer. The most important markets in terms of sales revenue are Western Europe, Asia and North America.


28.04.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

FUCHS PETROLUB SE

Einsteinstraße 11

68169 Mannheim

Germany

Phone:

+49 (0)621 / 3802-0

Fax:

+49 (0)621 / 3802-7190

E-mail:

ir@fuchs.com

Internet:

www.fuchs.com/gruppe

ISIN:

DE000A3E5D64, DE000A3E5D56

WKN:

A3E5D6, A3E5D5

Indices:

MDAX

Listed:

Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange

EQS News ID:

1338149


End of News

DGAP News Service

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