Hoftex Group AG - ESG Rating & Company Profile powered by AI
The page is a free Environmental, Social and Governance analysis covering Hoftex Group AG. If you are employed by Hoftex Group AG and you would like to licence your ESG rating, please get in touch. Check the bottom of this page for potential risks for Hoftex Group AG based on industry, geography and marketcap.
Hoftex Group AG in the Textiles & Leather Goods industry gained a UN SDG ESG Transparency Score of 4.1; made up of an environmental score of 2.7, social score of 4.0 and governance score of 5.7.
4.1
Medium ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Welspun India Ltd | 8.1 | High |
| 2 | BSL Ltd | 8.0 | High |
| 316 | Prosperity Weaving Mills Ltd | 4.2 | High |
| 316 | Suraj Cotton Mills Ltd | 4.2 | High |
| 332 | Hoftex Group AG | 4.1 | High |
| 332 | Ambika Cotton Mills Ltd | 4.1 | High |
| 332 | Kurabo Industries Ltd | 4.1 | High |
| ... | ... | ... | |
| 753 | Yousaf Weaving Mills Ltd | 0.0 | Low |
| 753 | Zaheen Spinning Ltd | 0.0 | Low |
| ... | ... | ... |
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Potential Risks for Hoftex Group AG
These potential risks are based on the size, segment and geographies of the company.
Hoftex Group AG, through its subsidiaries, develops, manufactures, and sells textile products for various applications in Germany and internationally. The company operates through HOFTEX, NEUTEX, and TENOWO divisions. It engages in weaving, dyeing, and finishing of decorative fabrics. The company also offers yarns and fabrics; acoustic nonwoven fabrics for the automotive industry; and nonwoven fabrics for construction, cable, and apparel sectors. The company was formerly known as Textilgruppe Hof AG and changed its name to Hoftex Group AG in January 2013. Hoftex Group AG was founded in 1853 and is based in Hof, Germany.