Sources: aicep Portugal Global
The Navigator Company scored 14.3 in the Environmental, Social and Governance Risk Rating 2021, once again positioning itself among the world’s best companies for sustainability.
This was its best ever result since it was first included in the Sustainalytics index.
With this score, the Company is again classified as presenting a “Low Risk” for investors, and has claimed third place in the ranking of companies in the “Paper and Forest” industries group (out of 81 global companies in this cluster), as well as in the “Paper and Pulp” sub-group, out of 60 companies worldwide. Sustainalytics’ ESG Risk Ratings measure the Sustainability performance of companies by assessing their exposure to material ESG risks, related to environmental, social and governance factors, and also how the Company manages these issues.
This follows on the heels of The Navigator Company‘s success in 2020 when its efforts to reduce its environmental and social impact were rewarded with a ranking among the best companies in the world for sustainability in the ESG Risk Rating, earning it a classification as a “Low ESG Risk Company” for investors. The Navigator Company’s rating and excellent ranking are important data that reflect its ongoing endeavours to integrate sustainability as a priority in its business model, demonstrating its capacity to anticipate and manage ESG risks in the course of its operations. Proof of The Navigator Company’s seriousness in implementing a strategy aligned with the United Nations Sustainable Development Goals can be seen in the fact that it was the first Portuguese corporation – and also one of the first in the world – to commit itself to achieving carbon neutrality at its industrial complexes 15 years ahead of the national and European target dates. This will allow it to be carbon neutral at all its manufacturing units by 2035.