Sustainability indices and ratings assess companies based on their environmental, social and governance (ESG) performance.
They are the recognition of a clear long-term strategic vision, stability of operational management and commitment to meeting environmental and social needs.
Below are the results achieved so far by ASTM:
Standard Ethics, an independent sustainability rating agency, has launched a Standard Ethics Rating on ASTM, assigning an EE- (full investment grade) rating, recognising how the Company has adopted both ESG reporting models and sustainability strategies in line with international guidelines promoted by the UN, OECD and the European Union and has adequately addressed environmental, social and security issues.
The outlook attributed to ASTM is “Positive“, foreseeing a Long Term Expected SER over 3/5 years of EE+ (Very strong).
ASTM has joined for the first time the “CDP Climate Change” program promoted by the Carbon Disclosure Project (CDP), the international non-profit organization that assesses the transparency of major industrial and financial groups in the disclosure of information on their environmental impacts, with the aim of contributing to the fight against climate change at the global level.
Confirming its commitment to managing and reducing its environmental impacts, the Group has obtained an assessment corresponding to “B” on a scale of 8 values (from the most virtuous to the least virtuous: A, A-, B-, C, C-, D-).
The Integrated Governance Index (IGI) is a quantitative index involving Italy’s top 100 listed companies.
The IGI wants to express in a clear and comprehensive way the ranking of companies in relation to the key aspects of sustainability and aims to capture the degree of progress in sustainability governance or integrated governance.
ASTM is now in third place in the IGI ranking dedicated to industry.