MSCI upgrades PPC to “A” in terms of ESG

MSCI rating agency upgraded the PPC Group to “A” from “BBB”.

According to the Group, “this upgrade reflects its steady progress in sustainable development issues and strengthens its position in the energy transition environment.

It is a sign of recognition of the continuous strengthening of the PPC Group’s corporate performance in ESG issues, as well as the alignment of its strategy in accordance with international sustainability standards.

MSCI is a leading international provider of data, analysis and indices, based on extensive research, supported by advanced technologies, setting standards for global investors and helping them understand risks and opportunities, so that they can make better decisions and leverage innovation.

According to the MSCI report, the upgrade of the PPC Group is attributed to improved performance:

ΔΙΑΒΑΣΤΕ ΕΠΙΣΗΣ

Αντώνης Σαμαράς: Στην τελική ευθεία το νέο κόμμα – Οι πυρήνες στήριξης

In water and toxic waste management, with reduced exposure to related risks compared to similar companies in the sector.

In the strengthening of the Renewable Energy Sources portfolio, through an increase in installed RES capacity and the gradual withdrawal of polluting units, an element that strengthens the company’s competitive position in the energy transition.

In corporate governance, where improved performance is recorded compared to most international peer companies, due to the independent supervision of management by the Board of Directors with a majority of independent and non-executive members.

PPC Group continues, as it emphasized, its green and digital transformation, investing in clean technologies and innovative energy solutions, while strengthening its presence in Greece and Southeastern Europe.

With a firm commitment to transparency, sustainable development and the creation of value for society and the economy, PPC Group actively contributes to the acceleration of the energy transition in the areas in which it operates.