Sustainalytics' top rating for INNIO
As INNIO makes significant progress in advancing our commitment to sustainability, our hard work continues to be recognized. The latest award—from Sustainalytics—ranks INNIO number one among more than 500 companies in the machinery industry worldwide, with the lowest ESG risk rating in the group. This recognition follows INNIO’s January 2022 achievement of a Gold Medal rating from EcoVadis for our demonstrated performance in sustainable improvement and growth.
Low ESG Risk Rating
Number 1 in Machinery Industry
Machinery Companies Ranked
As a global provider of sustainable energy solutions across the energy value chain, INNIO focuses on the continuous improvement of our sustainability practices. Our progress on this front most recently was recognized in April with an Environmental, Social and Governance (ESG) rating of 11.0 from Sustainalytics. This rating, based on INNIO’s strong performance across a broad range of ESG metrics, indicated that INNIO was at “Low Risk” of experiencing material financial impacts from ESG factors. In fact, the rating placed INNIO in the number one spot in the group of more than 500 companies in the machinery industry assessed by Sustainalytics
INNIO is relentlessly committed to ensuring that we incorporate effective ESG practices across all our operations. We are proud to have achieved the lowest ESG risk ranking in our industry from Sustainalytics. Securing a top rating in Sustainalytics’ extensive rating process marks a significant milestone and shows that our teams are committed, innovative, and effective in building a sustainable future for our customers, employees, and the environment. This clearly demonstrates that INNIO is on the right track in contributing to the energy transition and building operational excellence.
Dr. Olaf Berlien, President and CEO of INNIO Group
A growing list of sustainability successes
The Sustainalytics rating is yet another accomplishment in advancing INNIO’s ambition to elevate and operationalize the company’s ESG commitment. Additional recent achievements include:
- Establishing the INNIO Sustainability Review Board
- Publishing INNIO’s sustainability report, “Together Towards Zero” for 2021
- Defining INNIO’s sustainability goals
- Conducting an ISO audit and renewal of certifications
- Receiving a Gold Medal rating from EcoVadis in January 2022 for our outstanding sustainability efforts
More on Sustainalytics’ ESG Risk Ratings
A global leader in ESG research, ratings and data, Sustainalytics serves the world's leading institutional investors and corporations that incorporate ESG and corporate governance information and assessments into their investment processes.
Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific Material ESG risks and how well a company is managing those risks. This multi-dimensional way of measuring ESG risk combines the concepts of management and exposure to arrive at an assessment of ESG risk that is comparable across all industries. Sustainalytics’ ESG Risk Ratings provide a quantitative measure of unmanaged ESG risk and distinguish between five levels of risk: negligible, low, medium, high, and severe. For more information regarding Sustainalytics ESG Risk Ratings, please visit their dedicated webpage.