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Corporate Knights Global 100 Index
ERG ranks 16th with top position among Italian companies

Genoa, 4 February 2019 – ERG ranked 16th place in the "Corporate Knights Global 100 Most Sustainable Corporations in the World Index" published by the Canadian company Corporate Knights. With a score of 75.39%, ERG is the leading Italian company, as well as the only one included among the Top 50. The selection considered publicly-listed companies from all over the world with gross revenues of at least 1 billion US$, evaluated preliminarily based on four screens (sustainability reporting, financial soundness, category of products sold and financial sanctions incurred) and, subsequently, on an additional 21 indicators, specific to each industry, pertaining to the management of natural resources, employee management, clean revenues and supplier performance.
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ERG achieved a B rating from the Climate Change programme promoted by the Carbon Disclosure Project (CDP), the international not-for-profit organisation set up to gather and disseminate quantitative and qualitative information and data regarding the strategies used by firms to combat "climate change". The rating assigned exceeds both the average achieved by the Utilities sector (C rating), and the average insofar as concerns the region of Europe (B- rating).
Go to CDP website


The inclusion of ERG in the ECPI Global Clean Energy Index, which selects the 80 top publicly-listed companies in developed countries, active in the production and trading of renewable energy, which satisfy ESG (Environmental, Social and Governance) criteria, has also been confirmed.
Go to ECPI website


ERG has also executed two Environmental Social Governance loans for a total of 240 million Euro (see Press Release dated 20/11/2018), reflecting the recognition and value attributed also by the financial market to the Group's ESG positioning. 

Luca Bettonte, Chief Executive Officer of ERG, commented: "These recognitions highlight the social and environmental importance of ERG's industrial transformation from Oil company to leading European producer of energy from Renewable Sources, in accordance with the global decarbonisation process underway, and confirm the validity of its business model in terms of sustainability and competence for meeting the new challenges of energy transition. We are extremely proud of the results achieved."

 

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