EPH receives an ESG Risk Rating of 22.4, confirming its position in the medium-risk category, 25th out of 104 companies in the Multi-utilities sector
14. 11. 2023
Energetický a průmyslový holding, a.s. (“EPH”) is pleased to announce that as of November 2023 it has received an ESG Risk Rating of 22.4 from Morningstar Sustainalytics, a leading provider of environmental, social and governance research, ratings and data assessing companies’ resilience to environmental, social and governance risks. While this result represents a slight deterioration in the score from 21.3 received last year (the lower score, the better), it confirms EPH’s position in the medium-risk category, securing EPH 25th place out of 104 companies in the multi-utilities sector.
In response to the issued rating update, Gary Mazzotti, the ESG Officer and Member of the Board of Directors of both EPH sub-holdings EP Power Europe and EP Infrastructure stated that “We view our ESG rating as confirmation that our sustainability efforts are progressing in the right direction. We are acutely aware of the environmental and social aspects of the ongoing energy transformation, and we will remain at the forefront of the decarbonization initiatives, while considering distinct needs of regions where we operate”.
Sustainalytics rating report is available here.
Further information on our ESG efforts can be found in EPH sustainability reports.
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