MSCI AA Rating Retained for Third Consecutive Year
26 May 2023
ITM Power is pleased to share that we have achieved an AA MSCI ESG rating for the third consecutive year.
ITM Power is pleased to share that we have achieved an AA MSCI ESG rating for the third consecutive year. An MSCI ESG rating measures a company’s resilience to long-term environmental, social and governance (ESG) risks and identifies industry leaders and laggards. Companies are rated according to their exposure and how well they manage those risks relative to peers.
With the retained AA rating, we are now ranking within the top 11% of all companies in our sector, indicating the company’s ESG practices are well-aligned with shareholder interests. It also means we are a company leading its industry in managing the most significant ESG risks and opportunities. More importantly, as the MSCI ESG ranking is the primary research tool and most widely used benchmark by investors, our ranking will further help investors to understand the importance we place on being a business that is fit for the future.
For further information please contact:
ITM Power PLC
James Collins, Investor Relations +44 (0)114 551 1205
Justin Scarborough, Investor Relations +44 (0)114 551 1080
About ITM Power PLC:
ITM Power was founded in 2000 and ITM Power PLC was admitted to the AIM market of the London Stock Exchange in 2004. Headquartered in Sheffield, England, ITM Power designs and manufactures electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water.