ACCESSWIRE
16 Mar 2023, 23:08 GMT+10
Sustainalytics ESG rating places INNIO in top 1 percentile of all industry peers and in top 2 percentile of companies rated by Sustainalytics on a global level. • INNIO receives Sustainalytics' ESG risk score of 9.8, improving by 11% compared to 2022. • INNIO also receives Sustainalytics' 2023 'ESG Industry Top rated' and 'ESG Regional Top Rated' badges.
JENBACH, AUSTRIA / ACCESSWIRE / March 16, 2023 / INNIO today announced that Sustainalytics has upgraded INNIO Group's ESG risk score to 9.8, an improvement of 1.2 points year-over-year, and has upgraded the company's risk rating from low to negligible. The rating from Sustainalytics, a global leader in ESG research, ratings, and data, reinforces INNIO's number 1 position compared to peers across both Machinery and Industrial Machinery worldwide.
'Improving our Sustainalytics rating is not only a reflection of our dedication to environmental, social and governance responsibility, it is also a testament to the hard work and collaboration of our talented team,' said Dr. Olaf Berlien, president and CEO of INNIO. 'We will continue to prioritize sustainable practices and innovation for the benefit of our business, our stakeholders, and our planet.'
The Sustainalytics risk rating improvement is a vital recognition for INNIO and an indicator of the company's commitment to sustainable policies and programs. The risk rating focus includes health and safety, environment and carbon management, human capital, procurement practices and circularity. The rating upgrade signals that INNIO's initiatives and actions to reduce its environmental impact, promote social equity, and ensure good governance are demonstrating positive results. It also underlines INNIO's commitment to transparency and accountability, which are important factors in building trust and credibility with stakeholders, including customers, suppliers, investors, and employees.
Learn more about the ESG Risk Ratings.
###
About Sustainalytics
Sustainalytics is a global leader in ESG research, ratings, and data, serving the world's leading institutional investors and corporations. Sustainalytics works with hundreds of the world's leading asset managers and pension funds who incorporate ESG and corporate governance information and assessments into their investment processes. For more information regarding Sustainalytics ESG rating, please visit https://www.sustainalytics.com/esg-ratings.
About INNIO
INNIO is a leading energy solution and service provider that empowers industries and communities to make sustainable energy work today. With our product brands Jenbacher and Waukesha and our digital platform myPlant, INNIO offers innovative solutions for the power generation and compression segments that help industries and communities generate and manage energy sustainably while navigating the fast-changing landscape of traditional and green energy sources. We are individual in scope, but global in scale. With our flexible, scalable, and resilient energy solutions and services, we are enabling our customers to manage the energy transition along the energy value chain wherever they are in their transition journey.
INNIO is headquartered in Jenbach (Austria), with other primary operations in Waukesha (Wisconsin, U.S.) and Welland (Ontario, Canada). A team of more than 4,000 experts provides life-cycle support to the more than 55,000 delivered engines globally through a service network in more than 100 countries.
INNIO's improved ESG Risk Rating again secures the number one position across more than 500 companies globally in the machinery industry assessed by Sustainalytics.
For more information, visit INNIO's website at www.innio.com. Follow INNIO on Twitter and LinkedIn.
Susanne Reichelt
INNIO Media Relations
susanne.reichelt@innio.com
+43 664 80833 2382
Related Image
SOURCE: INNIO Group
Get a daily dose of Cleveland Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cleveland Star.
More InformationSANTA CLARA, California: Nvidia Corp, the world's most valuable listed chip company, said that to meet soaring customer demand for ...
BURBANK, California: Over the US Memorial Day weekend, Disney's live-action remake of its 1989 animated classic, "The Little Mermaid," brought ...
NEW YORK CITY, New York: The Nielsen company said that CBS has again claimed the title of most-watched television network ...
NEW YORK, New York - U.S. and global stocks tumbled Wednesday as lawmakers continued to navigate their way through Congress ...
PORTLAND, Maine: Fishermen in the US's only commercial-scale fishing industry for valuable baby eels, called elvers, have recorded a productive ...
LAS VEGAS, Nevada: A bill was introduced in the Nevada Legislature to provide the Oakland Athletics up to $380 million ...
LOUISVILLE, Kentucky: Two horses that succumbed to their injuries at Churchill Downs have become the 11th and 12th fatalities over ...
DETROIT, Michigan: After Ford Motor Co announced an agreement with Tesla to allow autos to be charged using the Tesla ...
Two teams ready to turn the page to June meet Friday when the visiting St. Louis Cardinals and Pittsburgh Pirates ...
Two teams that have struggled offensively could be heating up at the right time when the defending American League Central ...
The Boston Red Sox like what they've been getting from Chris Sale lately. The left-hander now gets an opportunity to ...
Jean Segura hit the tying single in the bottom of the ninth off the San Diego Padres' star closer Josh ...