Sustainalytics Places Vena Energy Within Top 1st Percentile of the Utilities Industry
Vena Energy, Asia-Pacific’s leading renewable energy company, announced today it received an ESG Risk Rating of 9.5 following an assessment by Sustainalytics. The rating places Vena Energy in within the top 1st percentile of the Utilities industry globally and in Sustainalytics’ “Negligible risk” category. The ESG Risk Rating Report on Vena Energy can be accessed here.
“Sustainability is the centrepiece of our strategy and the compass of our corporate mission to accelerate the energy transition across Asia Pacific,” said Nitin Apte, CEO of Vena Energy. “We have embraced a culture of continuous improvement in all our activities, and we will keep challenging ourselves to pursue excellence and become a point of reference in ESG practices in our industry.”
Sustainalytics, a Morningstar company, is a leading independent ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies. Sustainalytics works with hundreds of the world’s leading asset managers and pension funds who incorporate ESG and corporate governance information and assessments into their investment processes. The firm also works with hundreds of companies and their financial intermediaries to help them consider sustainability in policies, practices, and capital projects. For more information, visit www.sustainalytics.com.