Public ESG and sustainability reporting is now more broadly expected by lenders, investors, shareholders, and other third parties. Specialist ESG rating agencies provide corporate governance and other corporate risk information to investors and shareholders, as well as scores and ratings to evaluate companies and investment funds based on ESG or sustainability metrics.
We disclose to and are rated by several ESG rating agencies and recognize that our sustainability performance as rated by these agencies has become an increasingly important component of stakeholders’ decision-making.
This industry is evolving, and concerns have been raised about the lack of consistency between different rating agencies and methodologies. Efforts are underway, especially within the EU, to regulate the sector and we support this development.
We aim to achieve a continued upward trajectory in our ESG Rating scores to demonstrate continuous improvement in our ESG activities and we have been successful in our efforts, as evidenced by our recent rating upgrades by MSCI and Morningstar Sustainalytics.