MOL Group has been acknowledged again as a top ESG performer by MSCI and FTSE Russel.
MSCI, the leading Environmental, Social and Governance (ESG) data provider for institutional investors awarded MOL an AA Rating in its yearly ESG Ratings Report. The AA rating classifies MOL as “Leader” within the ESG space. MOL landed top quartile spots in areas such as Biodiversity & Land Use, Toxic Emissions & Waste, Carbon Emissions, Corruption & Instability. MSCI ESG data, scores and ratings are particularly important as these are used by the investors for the integration of ESG in investment decisions, portfolio construction and engagement priorities.
At the same time, FTSE Russell confirmed that MOL has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong ESG practices. The FTSE4Good indices are used by a wide variety of capital market participants to create and assess the increasingly popular sustainable investment funds and products.
Tamás Szakál, Vice President of Group SD&HSE commented these achievements: These outstanding results are a huge boost to everyone in MOL who is working hard on improving sustainability processes and performance. Given our long-established commitment to sustainable development, we are particularly pleased to be continuously acknowledged as a top ESG performer. We are delighted to see MOL’s ESG performance and disclosure being received so positively by the investment community. Being at the top in both is a priority to us if we want to fulfill our ambition of being the first choice of investors.