Pyrum Innovations AG achieves a ‘very good’ rating in imug’s ESG rating

  • Sustaina­bi­lity rating agency imug honours Pyrum with 72 out of a possible 100 points
  • Pyrum’s busi­ness model in parti­cular convinces analysts

Pyrum Inno­va­tions AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8), a pionee­ring company that sustain­ably recy­cles used tyres with its globally patented, unique pyro­lysis tech­no­logy, has achieved 72 out of 100 points in imug’s ESG rating. The company’s sustaina­bi­lity perfor­mance is ther­e­fore cate­go­rised as “very good” overall. The rating by imug, one of the leading sustaina­bi­lity rating agen­cies in Germany and a specia­list in envi­ron­mental, social and gover­nance (ESG) rese­arch, was carried out in the first quarter of 2023 and is based on several areas of analysis. Pyrum performed parti­cu­larly well in the “Products and Services” area, among others, where the company received full marks. Here, imug analysed Pyrum’s busi­ness model and assessed the posi­tive contri­bu­tion the company makes to envi­ron­mental or social deve­lo­p­ment with its products and services.

Pascal Klein, CEO of Pyrum Inno­va­tions AG: “With Pyrum, we are making a decisive contri­bu­tion to the trans­for­ma­tion of the economy towards a sustainable circular economy. Our pyro­lysis tech­no­logy is the leading process for recy­cling used tyres. The Fraun­hofer Insti­tute has already confirmed in a ‘Life Cycle Assess­ment’ that, compared to the current recy­cling mix in Germany, we can save up to 72 % more CO2 save money. We are very proud that all these bene­fits have now also contri­buted to our very good rating in the imug sustaina­bi­lity rating.”

Pyrum Inno­va­tions AG had previously been awarded silver status in the EcoVadis sustaina­bi­lity ranking and was able to certify its envi­ron­mental and quality manage­ment system with two ISO stan­dards. With the inde­pen­dent assess­ment of the company’s sustaina­bi­lity perfor­mance by imug, Pyrum can once again streng­then its credi­bi­lity in its commu­ni­ca­tion with all stake­hol­ders. The rating also creates a basis for sustainable finan­cing and reveals further poten­tial for sustaina­bi­lity management.

Contact us

IR.on AG
Frederic Hilke
Tel: +49 221 9140 970
E‑mail: pyrum(at)ir-on.com

Pyrum Inno­va­tions AG
Diesel­strasse 8
66763 Dillingen
E‑mail: presse(at)pyrum.net
https://​www​.pyrum​.net

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About Pyrum Innovations AG

With its patented pyro­lysis tech­no­logy, Pyrum Inno­va­tions AG is active in the attrac­tive recy­cling market for used tyres and various plas­tics. Pyrum’s pyro­lysis process is largely energy self-suffi­cient and, accor­ding to the Fraun­hofer Insti­tute, saves signi­fi­cantly more CO2 emis­sions than today’s stan­dard recy­cling processes for used tyres — espe­ci­ally compared to inci­ne­ra­tion in cement plants — and produces new raw mate­rials such as pyro­lysis oil, gas and recy­cled carbon black (rCB) from the waste used as input mate­rials. In this way, Pyrum closes the mate­rial cycle and pursues a 100% sustainable busi­ness model. As a pioneer, Pyrum Inno­va­tions AG was the first company in the waste tyre recy­cling sector to receive REACH regis­tra­tion from the Euro­pean Chemi­cals Agency (ECHA) for the pyro­lysis oil it produces back in 2018. This means that the oil is reco­g­nised as an offi­cial raw mate­rial that can be used in produc­tion processes. In addi­tion, Pyrum has received ISCC PLUS certi­fi­ca­tion for the pyro­lysis oil and the rCB. Both products are ther­e­fore reco­g­nised as sustainable and rene­wable raw mate­rials. Pyrum has also received ISO 14001 certi­fi­ca­tion for its envi­ron­mental manage­ment system and ISO 9001 certi­fi­ca­tion for its quality manage­ment system. These successes have also been reco­g­nised by inter­na­tional experts in the tyre industry. For example, Pyrum was hono­ured at the first Recircle Awards in the cate­gory Best Tyre Recy­cling Inno­va­tion and has been a fina­list for the German SME award three times in a row.