RusHydro leads Russian utilities in sustainability assessment by RobecoSAM
October 3, 2017. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY), the largest hydropower and utilities company in Russia, improved its results by 58% with 46 scoring points or 52 percentile ranking in the 2017 sustainability assessment of RobecoSAM (Dow Jones Sustainability Index). RobecoSAM conducts annual evaluation of companies’ sustainability practices by applying 26 criteria in economic, environmental and social dimensions.
Each year over 3,400 public companies from different industries are invited to participate in the corporate sustainability assessment by RobecoSAM including 32 companies from Russia. In the utilities sector 64 companies underwent the RobecoSAM assessment with RusHydro ranking 31, the highest rank among Russian utilities.
RusHydro is one of the leaders in sustainable development in Russia and one of the world’s top 20 power generators in terms of carbon-free generation capacity. RusHydro is constantly improving its operating activities and governance to meet the advanced environmental and other sustainability requirements. In particular, the new sustainability goals, adopted in 2017 envisage the achievement of higher scores by the prominent sustainability assessment agencies such as RobecoSAM.
*RobecoSAM is an investment company focused exclusively on Sustainability Investing since 1995. Based on the launched Dow Jones Sustainability Index (DJSI) series in 1999, RobecoSAM has developed its unique methodology for gathering, analyzing, quantifying, and distributing ESG data. Each year over 3,900 listed companies around the world answer between 80-120 industry-specific questions focusing on economic, environmental and social factors that are under-researched in conventional financial analysis. This data is used to produce RobecoSAM indices, including global indices, sub-indices, and innovative products like the multi-factor smart-beta ESG indices.
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The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to RusHydro and its operations.
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