Genoa, 16 October 2019 – Period of confirmations for ERG in terms of policies and performance associated with sustainability, by virtue of which several rating agencies continue to place it among the top quartiles of their rankings.
Gaia Rating, part of the Ethifinance group, has assigned to ERG its rating for the year 2019 (score of 78/100), confirming the trend previously recorded in the 2016 and 2017 assessments which indicated a continuous improvement in terms of position. ERG ranked well above the average for the panel grouping the best 230 companies subject to rating both at overall level, with regard to the same macro-sector (energy), micro-sector (renewables) and turnover category (>500 million Euro), and in each of the specific assessment areas (Governance, Social, Environment, External stakeholders).
ERG's presence for the third consecutive year in the "Ethibel Excellence Investment Register" has also been confirmed, together with its inclusion in the prestigious "Ethibel Pioneer Register", which select companies, respectively, whose CSR performance exceeds the sector average and who are leaders in their industry as regards ESG (Environmental, Social and Governance) activities. The rating is assigned based on an assessment process that measures all ESG indicators, also consulting major stakeholders of the company, in order for the latter to be considered eligible on the part of ethical or sustainable investors.
During 2019, ERG also achieved:
· a B Rating from the Climate Change Programme promoted by the Carbon Disclosure Project (CDP)
· eligibility as member of the ECPI Global Clean Energy Index
· an A Rating from MSCI ESG Research
· 16th place, with top position among the Italian companies, in the "Corporate Knights Global 100 Most Sustainable Corporations in the World Index".