EPH achieves an ESG Risk Rating from Sustainalytics in the medium risk category, ranking 15th of all companies in the Multi-utilities Sector
14. 9. 2021
In September 2021, Energetický a průmyslový holding a.s. (“EPH”) received an ESG Risk Rating of 22.0 and was assessed by Sustianalytics to be at medium risk of experiencing material and financial impacts from ESG factors. Sustainalytics, a Morningstar company, is a leading independent ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies
The score received by Sustainalytics places EPH in the medium risk category (20-30) and 15th position from all companies in the multi-utilities sector. The results reflect EPH’s strong management of ESG risks through its implementation of tailored policies, programs and initiatives.
Pavel Horský, member of the Board of Directors of EPH stated: “We are proud that we have received this medium risk rating from Sustainalytics. EPH is for years integrating ESG as one of the decisive aspects of the group strategy, in particular in the transition from coal to new energies in a targeted, transparent and socially responsible way. During this year we have clearly articulated EPH’s ESG targets aiming at achieving carbon neutrality by 2050. We view the ESG rating of Sustainalytics as clear sign that we are on the right track. EPH is fully committed to a real transition from coal, i.e. replacement of old coal fired power plants by zero or low carbon power plants, reflecting the needs of the different regions and paying full attention to potential material implications for regions and people.“
Sustainalytics rating report is available here
EPH ESG Policies are available here
EPH 2020 Sustainability report is available here