RusHydro takes first place in ESG – company’s value factor rating
March 10, 2021, Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) is awarded A+ rating in nomination Leading corporate ESG practice in Russia conducted by Russian regional network of integrated reporting, University of Perugia, Italy and Da Strategia consulting company. The results of the rating ESG – company’s value factor were reviewed at the round table in Moscow. Besides RusHydro, nine other companies took the highest rating.
Analysis of environmental, social and corporate government policies and their impact on financial performance of a company are the main goals of the rating. Over 450 companies in 32 fields, which have a listing in the Moscow Exchange, took part in the rating.
RusHydro is constantly engaged in improving its ESG-profile. The Group takes into sustainable development factors upon implementation of investment projects. Renewables represent the majority of the Group’s assets. Increasing the share of renewables in the company’s power balance is among the goals of the Group’s environmental policy. By 2025, greenhouse gas emissions should decrease by 6% as compared to 2015. Consequently, CO2 emissions as well as emissions related to heat production will decrease by 7.7% and 6.4% respectively.
Earlier in the year, the company’s shares were included in Russian Union of Industrialists and Entrepreneurs sustainability indices - Responsibility and Transparency Index and Sustainability Vector Index.