Sustainalytics improves the Group’s Rating from Medium Risk to Low Risk

Genoa, January 18, 2023 - Sustainalytics has assigned ERG a "Low Risk" rating with a score of 14.6 compared to the "Medium Risk" (20.7) recorded last year, improving the Group's ESG risk profile and positioning it 5th (out of 75) among global Independent Power Producers. Sustainalytics is a leading independent company in ESG and corporate governance research, evaluation, and analysis and this year has analyzed over 15,600 companies.

Additionally, ERG has been included in the "Global 100 most sustainable corporations in the world" raking by Canadian company Corporate Knights, which evaluates around 7,000 listed companies with revenues of over $1 billion. ERG ranks 54th in the 2023 index and is first among Italian companies included on the list.

These two significant acknowledgements, achieved through the decarbonization strategy, ESG governance actions, and alignment with the Green Taxonomy for revenue and investments, further reaffirm ERG's leadership in the global energy transition process.

 

Contacts:

ERG
Anna Cavallarin Head of External Communication
- tel. + 39 010 2401804 cell. + 39 3393985139 e-mail: acavallarin@erg.eu
Matteo Bagnara Head of Investor Relations - tel. + 39 010 2401423 – e-mail: ir@erg.eu
www.erg.eu- @ergnow