Balco has taken several important steps in its sustainability work. The targeted efforts now yield results in the form of an improved ESG risk rating. In Sustainalytics' latest valuation of the company, Balco improves its ESG risk rating from 28.6 to 20.8.
- It is positive that our focus on sustainability is also reflected in independent assessments. It is proof that the systematic work we conduct has an effect. We are of course not satisfied here, but our goal is to get below 20 next year and thus reach ESG risk rating "Low", says Johan Fälth, sustainability manager at
The ESG assessment weighs the company's efforts in terms of environment, social responsibility and governance. Balco's improved ESG rating is a result of several different activities within
Updated policies, systems for anonymous handling of whistleblowers and investments in education, communication and systematic reporting and follow-up of sustainability goals, are other priority areas that guarantee transparency and strengthen commitment to sustainability issues.
For more information, please contact:
Michael Grindborn, CFO and Head of IR, +46 70 670 18 18, michael.grindborn@balco.se
Johan Fälth, Sustainability manager, +46 73 345 61 25, johan.falth@balco.se
Balco is a growth company offering high quality, innovative, patented and energy-saving balcony solutions. The company's customised products contribute to enhanced quality of life, security and an increase in value for residents of multi-family residential properties. Through a decentralized and efficient sales process, Balco has control over the entire value chain - from production to delivery. The company, which was founded in Växjö in 1987 and which has over 500 employees, is a market leader in the Nordic region, and operates on several markets in northern
https://news.cision.com/balco-group-ab/r/improved-esg-risk-rating-for-balco-group,c3432233
https://mb.cision.com/Main/16052/3432233/1480426.pdf
(c) 2021 Cision. All rights reserved., source