2024-02-18 11:43:33
The independent international rating agency Morgan Stanley Capital Index rated Energean’s performance with the highest possible AAA rating, ranking it in the top 17% and in the Leader category among a total of 108 companies it monitors internationally from the field of natural gas exploration and production gas and oil.
As the company announced, the overall score it received is 21.1% higher than the industry average, while, in terms of individual criteria, it is higher by 47.5% in Environment, by 5.2% in Society and by 13% in Corporate Governance. Especially in the Environment sub-categories, the company scored higher by 105.8% in terms of carbon emissions, by 79.3% in terms of biodiversity and land use and by 63.3% in terms of other emissions and waste, in relative to the industry average.
“The prestigious top AAA rating of our strategy in Environment, Society and Corporate Governance by MSCI is an important milestone in our journey. Since our commitment in December 2019 to achieve net zero, we have worked tirelessly to align our business activities with sustainability goals. This recognition is a legacy of our achievements, however the real challenge for us is to maintain this reality and remain at the forefront of responsible business practices. We are committed to constantly raising the bar and creating a lasting positive impact both for our industry and for the environment and the societies in which we operate,” said the group’s CEO Mathios Rigas.