SGS to Provide Independent Assurance for BorsodChem’s Sustainability Reporting Under New EU Directive

SGS to Provide Independent Assurance for BorsodChem’s Sustainability Reporting Under New EU Directive

(IN BRIEF) SGS has been selected by BorsodChem to provide independent assurance for its sustainability reporting, aligning with the EU Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS). This new mandate expands SGS’s sustainability services for BorsodChem, including non-financial reporting and ESG assurance, and reflects SGS’s growing role in the ESG sector. Through its IMPACT NOW offering, SGS expects to generate CHF 600 million in additional sustainability revenue by 2027.

(PRESS RELEASE) GENEVA, 7-Jun-2025 — /EuropaWire/ — SGS, the world’s leading testing, inspection, and certification company, has been appointed by BorsodChem, a prominent European chemical manufacturer, to provide independent assurance for its sustainability reporting. This assurance will be in accordance with the EU Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS).

BorsodChem, known for its expertise in plastic raw materials and inorganic chemicals, continues to enhance its commitment to sustainability. This new mandate reflects SGS’s growing leadership in environmental, social, and governance (ESG) services. Through its IMPACT NOW for sustainability initiative, which focuses on climate, circularity, nature, and ESG assurance, SGS anticipates generating at least CHF 600 million in additional sustainability revenue by 2027, compared to 2023.

This agreement marks a significant expansion of SGS’s sustainability services for BorsodChem, building on its existing offerings in quality, environmental management, occupational health and safety, and energy performance. SGS will now extend its expertise to support BorsodChem’s non-financial reporting and ESG assurance.

Géraldine Picaud, CEO of SGS, commented:

“We are proud to support BorsodChem as it embraces a new era of transparency and accountability. With our deep expertise in non-financial reporting and ESG assurance, we help clients navigate the increasingly complex landscape of sustainability reporting with confidence and credibility.”

About SGS

SGS is the world’s leading Testing, Inspection and Certification company. We operate a network of over 2,500 laboratories and business facilities across 115 countries, supported by a team of 99,500 dedicated professionals. With over 145 years of service excellence, we combine the precision and accuracy that define Swiss companies to help organizations achieve the highest standards of quality, compliance and sustainability.

Our brand promise – when you need to be sure – underscores our commitment to trust, integrity and reliability, enabling businesses to thrive with confidence. We proudly deliver our expert services through the SGS name and trusted specialized brands, including Brightsight, Bluesign, Maine Pointe and Nutrasource.

SGS is publicly traded on the SIX Swiss Exchange under the ticker symbol SGSN (ISIN CH1256740924, Reuters SGSN.S, Bloomberg SGSN:SW).

Media Contacts:

Investor and media contacts
Ariel Bauer
Head of Communications, Investor Relations and Sustainability
t: +41 79 863 49 23

Livia Baratta
Director, Investor Relations
t: +41 79 586 48 53
e: SGS.Investor.relations@sgs.com

SOURCE: SGS