NLMK Group, a global steelmaking company, has announced that following the August 2019 review of the MSCI ESG Ratings assessment, NLMK’s overall ESG score has improved from BB to BBB (on an AAA – CCC scale, where AAA is the highest score).
Previously, FTSE Russell confirmed that the company remained a constituent of the FTSE4Good Index following the June 2019 review, upgrading NLMK’s ESG rating to 3.9 (from 3.2 in June 2018, 5.0 being the highest score).
Grigory Fedorishin, NLMK Group CEO and President, said: “We are pleased that our efforts in the sustainability area have been recognized by leading ESG rating agencies. Aspects of sustainable development are an integral part of NLMK Group’s development strategy, and we are committed to the best global ESG practices.” (NLMK/Ukrainian metal)