rating esg

ESG rating (or sustainability rating) is a synthetic evaluation that certifies the soundness of an issuer, a security or a fund in terms of environmental, social and governance performance.

 As proof of the Group’s commitment and ongoing improvement in this area, the ratings of BPER Banca are provided below:

Standard Ethics Rating (SER)

Standard Ethics Rating (SER)

Standard Ethics is an independent rating agency active since 2004, promoting the standard principles of sustainability and governance issued by the EU, the OECD and the United Nations. 


In 2022, the agency has upgraded BPER Banca’s Corporate Standard Ethics Rating (SER) to “EE+” from the previous “EE” with a positive outlook, going from a "Strong" rating in 2021 to a "Very Strong". 

Go to Standard Ethics website->

Sustainable Fitch

Sustainable Fitch

Sustainable Fitch’s ESG ratings provide a qualitative and quantitative assessment of an entity’s impact on environmental, social and governance matters, according to third-party published principles and guidelines.

 

In 2023 BPER Banca confirmed the "3" rating (range from 5 to 1).

Go to Sustainable Fitch website->

MSCI ESG Ratings

MSCI ESG Ratings

MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers.

In 2023, BPER Banca received a rating of AA (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment.

 

Go to MSCI ESG Rating website ->

S&P Global Sustainable1

S&P Global Sustainable1

The S&P Global Corporate Sustainability Assessment (CSA) is aimed at companies seeking to obtain an independent assessment of their performance, through a wide range of sector-specific economic, environmental and social criteria.


In 2023 BPER Banca scored 59 in the S&P Global Corporate Sustainability Assessment reflecting an improvement of 6 points compared to 2022.

 

 

Go to S&P Global website->

S&P Global Ratings

S&P Global Ratings

Finally In 2022, BPER Banca was assigned, for the first time, an ESG Rating Solicited S&P Global Ratings ESG Evaluation process. At the end of the ESG assessment process, ended on January 2023, the rating company assigned to BPER Banca the score “Adequate” (range from “Low” to “Best in Class”).

 

Go to S&P Global Ratings website->

Carbon Disclosure Project (CDP)

Carbon Disclosure Project (CDP)

The Carbon Disclosure Project is an international non-profit organisation that allows companies to declare and report on their risks linked to climate change and communicate their environmental performance to stakeholders.

 

In 2022, BPER Banca obtained a B rating for the management of climate change issues (range from D- to A) and a rating upgrade to A- for supplier engagement (range from D- to A).

Go to CDP website->

ISS ESG

ISS ESG

The Institutional Shareholder Services ("ISS") group of companies supports investors and companies in building long-term sustainable growth by providing high-quality data, analysis and insights.

 

In 2022, BPER Banca's ISS ESG Rating is C- and is well within the 30% of companies in the sector with the highest relative ESG performance (range from D- to A+).

Go to ISS ESG website->

Morningstar Sustainalytics

Morningstar Sustainalytics

Morningstar Sustainalytics is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies.

In November 2023, BPER Banca received an ESG Risk Rating of 14.7 and was assessed by Morningstar Sustainalytics to be at low risk of experiencing material financial impacts from ESG factors. In no event the ESG Risk Rating shall be construed as investment advice or expert opinion as defined by the applicable legislation.

Copyright©2023 Morningstar Sustainalytics. All rights reserved. This section contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.

 

Go to Sustainalytics website ->

Moody ESG

Moody's Analytics

Moody’s Analytics provides trusted and transparent data and perspectives across multiple areas of risk – credit; climate; environmental, social, and governance (ESG) – to help market participants identify opportunities and manage the continuously evolving risks of doing business.

In 2023, MA’s assessment of BPER Banca’s ESG performance was “Robust” (range from “Weak” to “Advanced”).

Go to Moody's Analytics website ->

Gli indici ESG in cui è inserita BPER Banca

The ESG indices in which BPER Banca is included

MIB ESG (Italian Stock Exchange): is dedicated to domestic blue-chips, with the aim of grouping together large Italian listed issuers with ESG best practices. The index, launched in 2021 by Euronext in collaboration with Vigeo Eiris, combines the measurement of economic performance with ESG assessments in line with the principles of the UN Global Compact.

 

Standard Ethics Italian Banks Index: assesses the Sustainability of Italian banks based on ESG criteria. The index takes into account several factors, such as environmental and social risk management, business ethics, and transparency. The final index score allows investors to assess the sustainability of banks and make more informed and responsible investment choices.

 

Standard Ethics Italian Index: sustainability index of Italian listed companies. As with the Standard Ethics Italian Banks Index it takes several ESG factors into account for evaluation.