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Sustainalytics Publishes ASTARTA’s ЕSG Risk Rating Report
Astarta-Kyiv, Kyiv, Ukraine,
Wed, Mar 10, 2021
Astarta is a member of U.S.-Ukraine Business Council
In 2020 ASTARTA initiated obtaining an ESG Risk Rating by Sustainalytics, a globally recognised provider of environmental, social and governance (ESG) research, ratings and data.
Built on a transparent methodology, Sustainalytics’ ESG Risk Ratings empower investors with a coherent and consistent approach to assessing financially material Environmental, Social and Governance (ESG) data and issues that affect the long-term performance of their investments at both the security and portfolio level.
Sustainalytics' Global ESG Risk Ratings span more than 12 000 companies and encompass most major global indices.
With an overall score of 32.6 ASTARTA was ranked as No 3 out of 89 companies in the Agriculture Subindustry globally covered by Sustainalytics, and No 179 out of 532 in the Food Products Industry.
Sustainalytics recognised the Company’s management of material ESG issues such as Community Relations, Human Capital, Human Rights and Business Ethics, as strong.
The assessment also covers a host of material ESG topics such as Resource Use, Land Use, Biodiversity, Corporate Governance, Carbon and Corporate Governance, among others.
ASTARTA’s stakeholders can familiarize themselves with the Summary of the ESG Risk Rating Report on Sustainalytics’ and ASTARTA’s websites.
Yuliya Bereshchenko, Business Development and IR Director, ASTARTA:
“ЕSG Risk Rating Report by a global service provider helps revealing our strengths and weaknesses in the global industry context, as well as shaping our policies aimed at Sustainable Development. The rating by an independent agency also provides re-assurance to ASTARTA’s stakeholders on our business practices and how they compare to our industry peers. Initiation of the ESG Risk Rating and publication of its results is another important step by ASTARTA towards all our stakeholders.
ASTARTA is recognised as a front-runner on addressing ESG issues faced by the agricultural industry in Ukraine. The Company joined the Global Compact initiative by the UN, publishes a GRI report on an annual basis and provides regular updates on relevant ESG topics to its stakeholders.