Construcciones y Auxiliar de Ferrocarriles S A : LOW RISK RATING ISSUED TO CAF BY THE SUSTAINALYTICS RATING AGENCY
October 25, 2021 at 07:24 am EDT
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25/10/2021
This October, the prestigious ESG (Environment, Social, Governance) rating agency Sustainalytics -Morningstar Company-, which provides information to investors in this sector, has completed the annual ESG evaluation of the CAF Group. This agency's report has resulted in the Company being assigned a Low Risk rating, which attests to CAF's commitment to ESG and Best Practices, achieving one of the goals the company established in its Equity Story, which is available in the Sustainability section of the corporate website https://www.caf.net/.
Sustainalytics' ESG (Environment, Social, Governance) risk ratings provide investors with information regarding any ESG related matters and associated risks deemed relevant to a company, and also details as to how each company addresses and manages these risks. This is a scale whereby CAF's rating - Low Risk - serves as an indicator of both strength and attractiveness to potential investors.
The above is testament to the consistency of CAF Group's sustainability strategy, initiatives and company policies with the slogan of the upcoming United Nations Climate Change Conference (COP26), "Uniting the world to tackle climate change". The event will take place in Glasgow (United Kingdom) from 1 to 12 November 2021 with the aim of encouraging climate actions so as to meet the goals set out in the Paris Agreement.
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CAF - Construcciones y Auxiliar de Ferrocarriles SA published this content on 25 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2021 11:23:01 UTC.
Construcciones y Auxiliar de Ferrocarriles SA (CAF) is a Spain-based company engaged in the rolling stock manufacture. The Companyâs activities are divided into two business segments: Rolling stock, as well as Components and spare parts. The Rolling stock division focuses on the design, production and distribution of rolling stock and equipment for railway systems, such as high-speed vehicles, locomotives, trains for middle-distance transportation, commuter trains and electric motorcars, subway trains, streetcars, traction and signaling systems, as well as energy storage solutions. The Components and spare parts division offers elements and spare parts for rolling stock equipment, such as wheels, axles and gear units. In addition, the Company offers technical assistance, maintenance and after-sale services, as well as development of rail infrastructure, among others. It operates through numerous subsidiaries in Spain, France, Germany, the United States, Brazil and Mexico, among others.