DGAP-News

​​​​​​​OTI Greentech AG receives its first ESG rating from Asset Impact GmbH

DGAP-News: OTI Greentech AG / Key word(s): Miscellaneous ​​​​​​​OTI Greentech AG receives its first ESG rating from Asset Impact GmbH 20.04.2021 / 16:10 The issuer is solely responsible for the content of this announcement. OTI Greentech AG receives its first ESG rating from Asset Impact GmbH

Berlin, 20 April 2021 - OTI Greentech AG ("OTI") (WKN security identification number A2TSL2), an international provider of innovative and sustainable chemical products and services for industry, listed on the over-the-counter market of the Düsseldorf stock exchange, has received the ESG rating "Quite Sustainable" from the renowned Asset Impact. This is the second-best rating on the five-grade ESG scale of Asset Impact. The sustainability analysis highlights the high ecological significance of the central business units of OTI. It points out that the company accepts responsibility to avoid environmental damage in the best possible way and develops the necessary technology to do so with its own research. According to the assessment of the analysts, the business activities are essentially linked to aspects of environmental protection.

The patented OTI solutions use almost completely biodegradable surfactants for the cleaning of product tanks. Due to its high efficiency, significantly less waste water arises during the process and, moreover, energy is saved through the use of water with low temperatures, which leads to a significant reduction of the CO₂ emissions.

John C. Kisalus, CEO of OTI, explains: "We are very pleased about the accolade received from Asset Impact. It proves the high environmental relevance of our products. Moreover, the rating reflects the good ESG standards of OTI. And it is a stimulus for us to continue to improve further."

The sustainability analysis by Asset Impact can be found on the OTI website www.oti.ag under the section Investor Relations / Corporate Governance.

About OTI Greentech AG

OTI Greentech's patented surfactant based technology provides innovative sustainable and cost-efficient solutions for various industrial cleaning challenges, with potential for application in land remediation. Through its subsidiaries OTI Greentech Innovative Solutions and Uniservice Unisafe, OTI Greentech has more than 30 years of experience. OTI Greentech Innovative Solutions offers innovative, environmentally friendly products and solutions for the cleaning and decontamination of oil-based contaminants, and is the owner of the patented ECOSOLUT product line. Through Uniservice Unisafe a full range of products and services are provided to the global shipping industry in all major ports worldwide. Through its joint venture in the USA, the group offers innovative, sustainable and tailor-made solutions to its customers in land-based industrial cleaning. The OTI Greentech group currently has over 20 employees in Europe and the USA. The shares of OTI Greentech AG are listed on the Düsseldorf Stock Exchange (WKN A2TSL2). Corporate headquarters are located in Berlin, Germany.