Sustainalytics gives FMO best ESG Risk Rating in entire database of >12,000 companies
September 28, 2020Recently FMO has been evaluated by Sustainalytics, the leading company in providing ESG and corporate governance research and ratings to investors. We are proud to say we received the lowest risk rating in the entire Sustainalytics database of 12,781 organizations. And therefore also rank number one in the industry group (banks) and subindustry (peers).
The ESG Risk Ratings are categorized across five risk levels: negligible, low, medium, high and severe. The report about FMO Sustainalytics states that FMO has a negligible risk experiencing material financial impacts from ESG factors, due to its low exposure and strong management of material ESG issues. The report also says that because FMO is not publicly held, this reduces our corporate governance risk compared to our peers. Furthermore, Sustainalytics sees that although FMO has a moderate level of controversies, its favourable risk assessment is primarily due to its strong policies and programmes and low exposure.
Sustainalytics’ ESG Risk Ratings span more than 12,000 companies and encompass most major global indices. The ratings framework is supported by 20 material ESG issues that are underpinned by more than 250 indicators, giving investors a strong signal into the range of ESG risks facing their portfolio companies. More information about Sustainalytics and their reports can be found on their website: www.sustainalytics.com