GRESB confirms top score In INWIT’s ESG Rating
Suigo (INWIT): “Obtaining a score of “A” in the GRESB ESG ratings for the second year running confirms the validity of our intrinsically sustainable business model, in which sustainability is a lever through which to create long-term value for all stakeholders.”
Rome, 13 November 2024 – For the second year running, INWIT, the Italian digital infrastructure company, has obtained a score of “A” in the ESG rating assigned by GRESB; it is the highest level assigned by the international agency specialised in rating infrastructural companies.
In just 4 years, INWIT, which started out from a score of “D” in 2020, has upgraded considerably, achieving the maximum score, “A”, in 2023, again confirmed this year with a three-point rise in the points assigned, up to 87.
The improvement in the score is the result of the acknowledgement of the maximum score in the disclosure in general and, in particular, in the disclosure of the implementation of sustainability. It is a result that recognises the value of INWIT’s first ever Integrated Report, published in 2024, containing both the Annual Financial Report and the Non-Financial Statement: the document, which relates to 2023, makes for a significant milestone in the reporting path undertaken by the company since 2020 and seeks to offer a coherent, integrated overview of the company to all its stakeholders, describing the performance achieved and commitments made.
Maximum points are confirmed once again this year in the section on the disclosure of stakeholder engagement practices.
“Obtaining a score of “A” in the GRESB ESG rating for the second year running confirms the validity of our intrinsically sustainable business model, in which sustainability is a lever through which to create long-term value for all stakeholders”, declared Michelangelo Suigo, INWIT Head of External Relations, Communication and Sustainability.
GRESB Infrastructure Public Disclosure offers investors a unique tool to measure sustainability disclosure by listed infrastructure companies. The evaluation is based on a set of indicators aligned with the GRESB Infrastructure Assessment, enabling a comparison of ESG disclosure performance between the companies assessed. It also provides investors with a resource hub to access ESG disclosure documents in their listed investment portfolio. The rating agency’s analysis is divided into: disclosure of sustainability governance, disclosure of sustainability implementation, disclosure of operational performance data and disclosure of stakeholder engagement practices.