Applus Services S A : Sustainalytics ranks Applus+ fronting ESG risks
December 02, 2021 at 03:11 am EST
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Applus+, a global leader in testing, inspection and certification (TIC), is pleased to announce it has achieved high recognition from Sustainalytics. This reinforces the Group's position at the forefront of managing risk for environmental, social and governance (ESG) impacts.
Sustainalytics has rated at 15.6 Applus+' ESG risk level, which places the company in the "Low Risk" group of companies. The Group has been ranked worldwide among the top 11% of all the companies analysed. Sustainalytics highlights the company's "robust" management of these risks, which is above average in its sector.
During the evaluation process, the company's performance in five key ESG areas is analysed: human capital, data security and privacy, corporate governance, business ethics, and product governance. The Group achieved an "above-average" product governance evaluation.
Applus+ is proud of this latest ESG recognition, which joins those previously achieved from MSCI ESG Ratings (AA), CDP (B), Gaïa (72/100) and the inclusion within the FTSE4Good Index Series of Ibex. Having best practices in ESG supports the Group's strategy to contribute to a more sustainable future for all and ensure that the company remains efficient and competitive.
Fernando Basabe, Chief Executive Officer of the Applus+ Group, said: "We owe this recognition to the increasing focus on ESG matters from top down, as progress can only be achieved by all of us working together and instigating concrete changes. ESG is of great importance, affecting the world we live in, and this rating supports our standing in the industry as a trusted partner working toward a better future. Our stakeholders can appreciate the advances we are making."
Read the full announcement here.
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Applus Services SA published this content on 02 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2021 08:10:03 UTC.
Applus Services SA is a Spain-based company in the Testing, Inspection and Certification (TIC) sector. The Company's activities, in over 70 countries, are divided into four segments: Automotive Division - statutory vehicle inspection services in jurisdictions where transport and systems must comply with technical-safety and environmental regulations; IDIADA Division made up of Engineering services including worldwide homologation, product certification, Proving ground and Facility and Design providing; Energy & Industry Division where The Company offers Supervision, Testing and Analysis, Inspections, Engineering and consulting across a comprehensive range of fields including renewable energy sources, telecommunications and marine environment entities; Laboratories Division which provides certification and development services in areas of Mechanical, Structural, Electrical engineering Cybersecurity, Fire and Building Materials and Metrology and Calibration Systems.
APPLUS SERVICES, S.A. 
