Ratings & Indices

Learn more about our participation in ESG ratings and indices.


In order to provide the capital markets with broader information, ensuring comparability and transparency on our ESG performance, Zalando participates in several ESG ratings.

CDP is an international rating agency and provider of non-financial information for investors with a focus on climate-related disclosure of governance, strategy and risk management. It represents more than 525 investors with over 96 trillion USD in assets and scores over 5,800 companies worldwide. Zalando has participated in CDP’s Climate Change Report since 2018. In our third year of participation, our company’s climate efforts have been recognized, securing a place among the 270 high-performing companies worldwide on CDP’s ‘A List’ for tackling climate change. In addition, we have been included into the 2020 CDP Supplier Engagement Leaderboard.
Sustainalytics’ ESG Risk Ratings are designed to help investors identify and understand financially material ESG risks in their portfolio companies and how those risks might affect performance. Sustainalytics' ESG Risk Ratings span more than 12,000 companies and encompass most major global indices. In the 2021 Rating Update, we were once again placed in the "Low Risk" category with a score of 11.5 points and were awarded the best-in-class risk rating position in the "Online and Direct Marketing Retail" category.
ISS ESG provides ESG research and ratings delivering climate data, analytics, and advisory that help financial market participants understand, measure, and act on climate-related risks across all asset classes, enabling its clients to identify material social and environmental risks and opportunities. After a detailed feedback process with ISS ESG in 2020, Zalando could significantly improve its rating score, reaching a B- and entering into Prime Status.
MSCI ESG Ratings are designed to measure a company’s resilience to long-term, industry material ESG risks. The rating uses rules-based methodology to identify industry leaders and laggards according to their exposure to ESG risks and how well they manage those risks relative to peers. Zalando has been able to achieve an A rating score for four consecutive years until 2021.
The Bloomberg Gender Reporting Framework tracks the performance of public companies committed to disclosing their efforts to support gender equality through policy development, representation and transparency. It assesses their progress towards parity, benchmark against peers and highlight their commitment to gender equality. In 2020 Zalando took part in the Bloomberg corresponding Reporting Framework for the first time. Results can be checked  via the Bloomberg terminal. 
FTSE Russell ESG Ratings provide a multi-dimensional measure of environmental, social and governance exposure and practice.  It provides the investment community with a tool for portfolio design and management to investigate ESG criteria, as well as as a framework for corporate engagement and stewardship. Pillars and themes are built on over 300 individual indicator assessments. With an absolute ESG Rating Score of 4.4 out of maximum 5, Zalando achieved a top result.
Equileap is the leading provider of data and insights on gender equality in the workplace. Equileap researches and ranks over 3,500 public companies around the world using a comprehensive Gender Equality Scorecard with 19 criteria. In 2020 we participated for the first time in the Equileap Gender Equality Global Report & Ranking, reaching an  above-average score of 47 within the german participants as well as in our assigned sector group Consumer Discretionary.


Inclusion in indices that focus on the sustainable development of companies reflects Zalando's performance and commitment to ESG.

In 2021 FTSE Russell again included Zalando in its FTSE4Good Index Series. FTSE International Limited confirms that Zalando SE has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance practices. It is used by a wide variety of market participants to create and assess responsible investment funds and other products.”
Since 2020 Zalando is included in the STOXX Global ESG Leaders indices. The index family offers a representation of the leading global companies in terms of environmental, social and governance criteria, based on ESG indicators provided by Sustainalytics. The index is made of the following three ESG sub-indices: the STOXX Global ESG Environmental Leaders, the STOXX Global ESG Social Leaders and the STOXX Global ESG Governance Leaders indices.
The DAX® 50 ESG tracks the performance of the 50 largest, most liquid German market stocks that have comparably good performance based on their Environmental, Social and Governance criteria. Further, the stocks must have passed standardized ESG screens related to Global Standards Screening, as well as the involvement in controversial weapons, tobacco production, thermal coal, nuclear power and military contracting. The base universe of the index is the HDAX universe which comprises the joint set of companies included in DAX, MDAX and TecDAX.