ESG ratings and indices

We maintain constant interaction with our institutional investors and the ratings agencies on ESG matters, to ensure that environmental, social and governance issues are properly tackled, consistent with a commitment to maximum transparency towards the market.

We are committed to constant improvement in the most accredited ESG ratings and indices by reporting on them periodically.

MSCI

MSCI assesses the performance of companies against environmental, social, and governance risks over the long term, awarding a score on a scale from "CCC" (laggard) to "AAA" (leader).

Last update: August 2024

ISS ESG

ISS ESG Corporate Ratings evaluate companies’ ESG-related risks, opportunities, and impact along the corporate value chain.

Last update: September 2024

SUSTAINALYTICS

Sustainalytics (Morningstar) measures a company's exposure to material ESG risks and the level of internal management of those risks.

Last updated: May 2024

S&P Global

S&P provides an ESG rating based on an annual questionnaire called Corporate Sustainability Assessment (CSA).

Last update: March 2025

CDP

CDP is a nonprofit that operates the world's largest environmental disclosure platform. It provides a score for each company and assesses climate progress based on an annual questionnaire.

Last update: February 2025

STANDARD ETHICS

Standard Ethics is an agency that provides sustainability ratings issued to companies that wish to compare their ESG performance with the guidelines and models promoted by the EU, OECD and UN.

Last update: July 2024