Nagarro awarded Gold Medal for business sustainability by EcoVadis

Rhea-AI Summary

Nagarro (OTC:NGRRF) received a Gold Medal from EcoVadis on Dec 2, 2025, placing the company among the top 5% of organisations worldwide across all industries.

EcoVadis assessed Nagarro on environment, labour and human rights, ethics, and sustainable procurement. Nagarro improved its rating from Bronze in 2023 to Gold in 2025, with marked score gains across all four parameters. This follows validation by the Science Based Targets initiative (SBTi) of Nagarro's target to reach net-zero greenhouse gas emissions across its value chain by 2050. The company says it integrates sustainability into client solutions, supplier engagement, and internal practices such as reducing IT footprint and training engineers in green coding.

Positive

• EcoVadis Gold Medal places Nagarro in the top 5% globally
• Rating improved from Bronze (2023) to Gold (2025)
• SBTi validation of net-zero value-chain target by 2050
• Marked improvements across environment, labour, ethics, procurement

Negative

• None.

News Market Reaction

-0.01%

1 alert

-0.01% News Effect

On the day this news was published, NGRRF declined 0.01%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

EcoVadis ranking: Top 5% of organizations worldwide EcoVadis parameters: 4 parameters Previous EcoVadis rating year: 2023 +1 more

4 metrics

EcoVadis ranking Top 5% of organizations worldwide Business sustainability rating across all industries

EcoVadis parameters 4 parameters Environment, labour & human rights, ethics, sustainable procurement

Previous EcoVadis rating year 2023 Improved from Bronze in 2023 to Gold in latest assessment

Net-zero target year 2050 SBTi-validated target for net-zero emissions across value chain

Market Reality Check

Price: $85.47 Vol: Today's volume 100 vs 20-...

low vol

$85.47 Last Close

Volume Today's volume 100 vs 20-day average 375 (relative volume 0.27x). low

Technical Price 92.45 is trading above the 200-day MA of 74.72.

Peers on Argus

Peers show mixed, mostly small moves (e.g., FCCN +2.21%, EAXR -4.14%) with no br...

Peers show mixed, mostly small moves (e.g., FCCN +2.21%, EAXR -4.14%) with no broad IT services momentum, suggesting this ESG news is stock-specific.

Historical Context

4 past events · Latest: Dec 08 (Positive)

Pattern 4 events

Date	Event	Sentiment	Move	Catalyst
Dec 08	AI partnership	Positive	-1.4%	Named OpenAI Services Partner to support enterprise-scale generative AI.
Dec 02	ESG recognition	Positive	-0.0%	EcoVadis Gold Medal for sustainability, top 5% global ranking.
Nov 14	Earnings & buyback	Positive	+29.6%	Q3 revenue and EBITDA growth plus share redemption and buyback plan.
Aug 14	Earnings update	Neutral	-5.8%	Q2 revenue growth but weaker EBITDA and net profit amid FX headwinds.

Pattern Detected

Positive strategic and ESG announcements have often seen limited or negative next-day moves, while strong earnings/buyback news drew a notably positive reaction.

Recent Company History

Over recent months, Nagarro reported improving financial performance and strategic initiatives. Q2 2025 showed modest revenue growth but weaker profitability, followed by stronger Q3 results with €254.6m revenue and a 27.2% YoY jump in adjusted EBITDA, plus a buyback and share redemption that coincided with a +29.63% move. The company also disclosed an OpenAI Services Partner agreement and this EcoVadis Gold sustainability rating, yet both ESG/strategic headlines saw flat-to-negative 24h reactions, indicating investor focus remained skewed toward earnings and capital return news.

Market Pulse Summary

This announcement highlights Nagarro’s improved EcoVadis sustainability rating, moving from Bronze i...

Analysis

This announcement highlights Nagarro’s improved EcoVadis sustainability rating, moving from Bronze in 2023 to Gold and ranking in the top 5% of organizations globally. It complements the SBTi‑validated goal of net‑zero emissions across the value chain by 2050, and describes actions like green coding and responsible sourcing. In context of prior news, investors may watch how these ESG achievements intersect with future earnings, margins, and capital return policies.

Key Terms

science based targets initiative (sBTi), net-zero greenhouse gas emissions, sustainable procurement, green coding

4 terms

science based targets initiative (sBTi) regulatory

"This recognition follows Nagarro's recent announcement that the Science Based Targets initiative (SBTi)..."

The Science Based Targets initiative (SBTi) is a nonprofit group that helps companies set and validate measurable plans to cut their greenhouse gas emissions in line with climate science. For investors, an SBTi-validated commitment is like a credible road map showing a company is planning concrete steps to reduce climate risk and comply with future regulations, which can affect long-term costs, competitiveness and asset value.

net-zero greenhouse gas emissions technical

"...validated its target to achieve net-zero greenhouse gas emissions across its entire value chain by 2050."

Net-zero greenhouse gas emissions means a company, country, or activity balances the amount of climate-warming gases it releases with the amount it removes or offsets, so the net addition to the atmosphere is zero. Think of it as balancing a checkbook for emissions: all outgoing “charges” are matched by reductions or removals. Investors care because achieving net-zero can affect future costs, regulatory risk, access to capital, consumer demand and long-term asset values.

sustainable procurement technical

"...assessing companies on four parameters: environment, labour and human rights, ethics, and sustainable procurement."

The practice of buying goods and services while actively weighing environmental, social and long-term economic impacts across the supply chain, so purchases favor lower pollution, fair labor and resource efficiency. For investors it signals how a company manages risks, costs and reputation over time: like choosing a fuel-efficient car that costs less to run, sustainable procurement can reduce future fines, supply disruptions and improve brand value, affecting returns.

green coding technical

"Internally, Nagarro is cutting its IT footprint and training engineers in green coding..."

Green coding is the practice of writing and designing software to use less computing power, reduce energy consumption, and lower greenhouse gas emissions across devices and data centers. For investors, it matters because more efficient software can cut operating costs, reduce exposure to energy price swings and potential environmental regulations, and improve a company's public image—similar to tuning a car for better gas mileage to save money and reduce pollution.

AI-generated analysis. Not financial advice.

MUNICH, Dec. 2, 2025 /PRNewswire/ -- Nagarro, a global leader in digital engineering, has been awarded a Gold Medal rating by EcoVadis for business sustainability, placing the company among the top five per cent of organizations worldwide across all industries. 

EcoVadis is one of the world's most trusted sustainability ratings platforms, assessing companies on four parameters: environment, labour and human rights, ethics, and sustainable procurement. 

In the latest assessment, Nagarro made a significant improvement in its overall score, moving from a Bronze Medal in 2023 to a Gold. Marked improvements were seen across all four parameters. 

"Nagarro has been built brick-by-brick for sustainability - the sustainability of the company and of the planet. The Gold Medal from EcoVadis is a recognition of this. It is also the result of our teams raising the bar across all four EcoVadis parameters. The Gold Medal gives confidence to Nagarro's customers and partners that we approach every decision with responsibility and transparency," said Manas Human, CEO and co-founder, Nagarro. 

This recognition follows Nagarro's recent announcement that the Science Based Targets initiative (SBTi) has validated its target to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. 

Nagarro integrates sustainability throughout its value chain. For clients, it advances eco-digital engineering to deliver environmentally responsible and socially inclusive solutions, helping organizations embed sustainability into their digital transformation and achieve measurable outcomes. With suppliers, the company follows a structured engagement model that promotes responsible sourcing and collaborative progress on emissions reduction. Internally, Nagarro is cutting its IT footprint and training engineers in green coding to support energy-efficient digital development. 

About EcoVadis

EcoVadis is the world's most trusted provider of business sustainability ratings, intelligence, and collaborative performance improvement tools for global supply chains. Learn more on www.ecovadis.com. 

About Nagarro

Nagarro, a global digital engineering leader, helps clients become fluidic, innovative, digital-first companies and thus win in their markets. The company is distinguished by its entrepreneurial, agile, and global character, its CARING mindset, and its Fluidic Intelligence vision. Nagarro employs around 17,700 people in 39 countries. For more information, visit www.nagarro.com.

(FRA: NA9) (SDAX/TecDAX: DE000A3H2200) (ISIN: DE000A3H2200) (WKN A3H220)

For inquiries, please contact press@nagarro.com. 

Logo - https://mma.prnewswire.com/media/844192/3850575/Nagarro_Logo.jpg 

 

FAQ

What does the EcoVadis Gold Medal mean for Nagarro (NGRRF)?

The Gold Medal indicates Nagarro ranks among the top 5% of companies globally on EcoVadis sustainability criteria, signaling stronger ESG credentials to customers and partners.

When did Nagarro (NGRRF) receive the EcoVadis Gold Medal?

Nagarro was awarded the EcoVadis Gold Medal on December 2, 2025.

How did Nagarro's EcoVadis rating change from 2023 to 2025?

Nagarro improved from a Bronze Medal in 2023 to a Gold Medal in 2025, with marked score gains across all four assessment areas.

Has Nagarro (NGRRF) set a net-zero target and is it validated?

Yes, Nagarro's target to achieve net-zero greenhouse gas emissions across its value chain by 2050 has been validated by the Science Based Targets initiative (SBTi).

What sustainability actions does Nagarro cite to support its rating?

Nagarro cites eco-digital engineering for clients, structured supplier engagement, cutting its IT footprint, and training engineers in green coding.