- Neoen has achieved a 65/100 rating for its environmental, social and governance (ESG) performance in the Moody’s ESG Solutions (formerly Vigeo Eiris) assessment.
- This is a one-point gain compared to 2021.
Neoen (ISIN: FR0011675362, ticker: NEOEN), one of the world’s leading producers of exclusively renewable energy, today announced it has been awarded a 65/100 rating by Moody’s ESG Solutions for the company’s successful commitment to ESG issues. Neoen remains in the top 2% of almost 5,000 companies audited by the agency around the world and ranks 11th in the Gas and Electricity sector.
Neoen has been entrusting its ESG assessment to Moody’s (ex Vigeo Eiris) since 2018. The Moody’s assessment examines 21 non-financial performance criteria divided into 6 fields: Environment, Human Resources, Human Rights, Community Involvement, Business Behaviour and Governance.
Virginie Moyrand, Head of CSR stated: “As a producer of exclusively renewable energy, sustainable development is in our DNA. Our solar and wind farms and our batteries make a direct contribution to the global response to the climate crisis. The “advanced” rating awarded by Moody’s ESG Solutions for the second consecutive year acknowledges our achievements relating to environmental, social and governance issues. Our goal is to continue improving in these areas, using our Sustainability Framework as a reference.”
Xavier Barbaro, Chairman and Chief Executive Officer of Neoen added: “We are delighted to have improved our score and to retain our position in the top 2% of companies assessed by Moody’s ESG Solutions worldwide. I would like to thank and congratulate everyone at Neoen for their engagement. In addition to our commitment to the energy transition, we also build our operations and interactions with local communities around responsible, sustainable practice. We are proud to demonstrate that economic performance, sustainable development, and high standards of governance can co-exist.”
Neoen’s Sustainability Framework
The Sustainability Framework introduced in 2021 covers the company’s ESG commitments and outlines the performance assessment in contributing more widely towards the Sustainable Development Goals (SDGs) drawn up by the United Nations. The three pillars of the Framework are our people, our projects, and our communities.
Read the full document: www.neoen.com/en/csr