The sustainability rating agency ISS ESG has awarded Swissgrid «Prime» status for its sustainability performance. In doing so, it confirms Swissgrid’s commitment to placing the emphasis on sustainability in its activities.
The sustainability agency ISS ESG has awarded Swissgrid «Prime» status. Its assessment is based on information disclosed by Swissgrid regarding its sustainability performance. The award means that Swissgrid’s sustainability performance has been rated as above average in an industry comparison by the rating agency ISS ESG. By giving the company «Prime» status, ISS ESG has qualified Swissgrid’s tradable bonds as responsible investments.
«It is part of Swissgrid’s business strategy to act in a sustainable and responsible manner. Having enjoyed excellent credit ratings for many years, receiving ESG «Prime» status also confirms our efforts to strengthen our sustainability performance. We are delighted by this news,» says Doris Barnert, CFO and Head of Corporate Services at Swissgrid.
ISS ESG is the responsible investment division of Institutional Shareholder Services Inc, the world’s leading provider of corporate governance and responsible investment solutions for investors, asset managers, hedge funds and wealth services providers. ISS ESG analyses more than 8,000 companies worldwide, of which around 300 are located in Germany, Austria and Switzerland, with regard to environmental, social and governance (ESG) aspects. It recognises companies whose ESG performance is above the sector-specific prime threshold.