9/7/2021 | Institutional
Galp maintains top distinction in the MSCI ESG Ratings sustainability index
For the 4th consecutive year, Galp was rated by MSCI ESG Ratings a triple-A (AAA) global leadership position in the integrated Oil & Gas sector, maintaining its position amongst the top 3 companies with the best environmental, social and governance (ESG) performances. This is the highest score from Morgan Stanley Capital International (MSCI) ratings.
Galp reinforces its position as a leader in the capacity of managing sector specific ESG risks, with special emphasis on the Biodiversity & Land Use, Carbon Emissions and Community Relations criteria.
As an efficient and competitive integrated energy operator that develops profitable and sustainable businesses in an ethical and responsible manner, Galp is strongly committed to the best ESG practices and to create sustainable value for all its stakeholders.
MSCI ESG Rating is designed to measure a company’s resilience to long-term industry material ESG risks. MSCI ESG Ratings range from leader (AAA, AA), average (A, BBB, BB) to laggard (B, CCC).