Recticel included in Euronext BEL ESG Index

PRESS RELEASE                            

Occasional information                

Brussels, 16 December 2024 – 07:00 CET           

Recticel included in Euronext BEL^® ESG Index

EURONEXT has announced that, following its quarterly review, Recticel will be included in the  BEL^® ESG Index starting Monday, 23 December 2024.

The BEL^® ESG Index is a free-float market capitalization-weighted index comprising the 20 companies demonstrating the lowest Environmental, Social and Governance (ESG) risks. They are selected from the top performers within their subindustries in the BEL 20 Index and BEL Mid Index. This index serves as an underlying for structured products, funds, exchange traded funds, options and futures.

Jan Vergote, CEO Recticel:

“As a leading Insulation Group, we are determined to developing smarter and more sustainable insulation solutions that enhance building energy efficiency and promote sustainability across our value chain and in construction. This recognition motivates us to intensify our efforts to create positive impacts on society and the environment.”

Press release – Recticel included in BEL ESG index – 16 December 2024 – 07:00 CET                            Page 1 of 2

About Recticel Group

Recticel Group is a Belgian insulation company 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 Group 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.

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 included in BEL ESG index – 16 December 2024 – 07:00 CET                            Page 2 of 2