Poste Italiane confirmed its leadership in ESG policies by ranking in the Advanced category in Moody’s Analytics’ ESG overall score for the second year running, with a score of 79 points out of 100, two more than in the previous edition. Poste Italiane also consolidated its AA rating by Morgan Stanley International Capital (MSCI).
Moody’s Analytics examines 38 ESG criteria and assesses the sustainability performance of companies based on specific environmental, social and governance criteria, measuring their resilience in the management of risks and opportunities related to each of the sustainability aspects. The agency rated Gruppo Poste Italiane positively thanks to the strong commitment shown by the company in integrating ESG risk analysis into its due diligence and investment process, as well as for its ability to manage environmental risk in terms of programmes, actions and targets aimed at reducing GHG emissions. The Group was also rewarded for its robust employee engagement strategy, geared towards attracting new talent and retaining its own resources, and for implementing robust data protection processes, including the external certifications obtained and the compliance programmes initiated. As for Morgan Stanley Capital International, the company judged Gruppo Poste Italiane’s performance to be well above the sector averages in each of the three ESG aspects (environmental, social and corporate governance), with a particular distinction for the results achieved in the governance area. Morgan Stanley Capital International is one of the leading rating agencies,
Del Fante’s statement
“The improvement in the score obtained by Moody’s Analytics and the confirmation of the assessment in the MSCI rating,” commented Poste Italiane CEO Matteo Del Fante, “once again demonstrate the effectiveness of the path taken by the Group towards a business model aimed at the creation of shared value, which takes into account the protection of the environment, citizens and the community, through the adoption of a sustainable governance and risk management system.”
“The ratings obtained,” said Poste Italiane’s Co-General Manager Giuseppe Lasco, “reward the Group’s results achieved thanks to the solidity of its approach geared towards sustainability and value creation, testifying to its commitment to integrating ESG issues into its corporate strategy. The Company’s recognised ability to adequately manage risks and opportunities in the current economic environment makes Poste Italiane an industry leader in sustainability and a reference for investors.”
Poste’s sustainability awards
The ratings from Moody’s Analytics and MSCI add to the numerous awards received by Gruppo Poste Italiane Group for its sustainability practices. Poste Italiane has been included in the most prestigious international sustainability indices, such as Dow Jones Indices, Integrated Governance Index, Euronext Equileap Gender Equality Eurozone 100, FTSE4Good, Bloomberg Gender-Equality Index and Stoxx Global ESG Leaders. Positive ratings from agencies such as CDP, Sustainalytics and the ‘Top 5% S&P Global ESG Score 2022’ in the Sustainability Yearbook 2023 confirmed the Group’s commitment to sustainability. Furthermore, the Group maintained its top position in theMIB® ESG GLOBAL SCORE index launched in 2021 by Euronext and Borsa Italiana, demonstrating its ongoing commitment to responsible and sustainable management.