Recticel joins CDP’s A list for Climate Change

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Brussels, 12 February 2025 – 07:00 CET             

Recticel joins CDP’s A list for Climate Change

Recticel is proud to announce that it has been awarded an ‘A’ score for Climate Change by CDP. 

Recognised as the gold standard for environmental reporting, CDP hosts the world’s largest and most comprehensive dataset on corporate climate action. Companies representing two-thirds of global market capitalisation disclose through the organisation. In 2024, CDP scored more than 24,800 companies on their transparency and action as they work to integrate Earth-positive decisions into their business models.

Recticel’s ‘A’ score for Climate Change comes after three years of consistent and transparent reporting and marks an advance through two levels in a single year. The Group is particularly pleased to have achieved this milestone in the same year that CDP expanded its questionnaire to align with the rigorous standards of the CSRD framework.

Jan Vergote, CEO Recticel:

"Recticel is committed to driving real climate action. In 2024, the Science Based Target Initiative (SBTi) approved our voluntary net-zero commitments, and we joined the BEL^® ESG Index. Now, a top rating from CDP marks another major milestone, reinforcing our dedication to transparency, accountability, and relentless pursuit of a sustainable future for all our stakeholders."

Find out more about CDP scores and A lists

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About Recticel 

Recticel is a Belgian insulation Group with a strong presence in Europe and the USA. It offers smart insulation solutions that advance a carbon-free economy and a better quality of life.  

Recticel delivers upon a portfolio of Insulation Boards, Insulated Panels and Acoustic Solutions.

Recticel Insulation designs polyurethane thermal and thermo-acoustic boards for optimal building comfort and energy efficiency. This includes vacuum insulation panels (VIP) by Turvac.

Trimo enables the highest aesthetic standards and extends architectural capabilities with its mineral wool insulated panels and modular space solution, primarily in non-residential applications. With the recent acquisition of  REX Panels & Profiles, the portfolio now includes PIR insulated panels.

Soundcoat provides acoustic solutions used in some of the world’s leading technological innovations.

At the end of 2023, Recticel employed 1,255 people and had achieved sales of EUR 529.4 million. Its operations are spread over seven countries.

The Science Based Targets initiative (SBTi) approved Recticel’s near-term targets for the reduction of  scope 1, 2 & 3 greenhouse gas emissions by 2030 (from base year 2021) and net-zero targets for 2050.

CDP added Recticel to its 2024 A list for Climate Change.

Recticel is listed on Euronext in Brussels (Euronext: RECT - Reuters: RECT.BR - Bloomberg: RECT:BB). As from 23 December 2024 Recticel will be included in the Euronext BEL^® ESG Index.

Financial calendar 

Recticel NV/SA

Bourgetlaan 42 avenue du Bourget

1130 Brussels

Belgium

This press release is available in English and Dutch on www.recticel.com.

Press release – Recticel CDP ‘A’ score – 12 February 2025 – 07:00 CET                                                      Page 2 of 2