CCC Group scores ‘AA’ in MSCI ESG rating
The CCC Group has been assigned an ‘AA’ rating in the recent MSCI ESG rating revision. This accomplishment, realised two years earlier than planned, is due to the successful implementation of measures outlined in the sustainability strategy, which is an integral part of the Group’s GO.25 business strategy. The ‘AA’ rating positions the CCC Group alongside companies recognised as global leaders in ESG performance.
The MSCI ESG index assesses three pivotal factors related to responsibility in the areas of: E (Environmental) – evaluating environmental impact, S (Social) – gauging social responsibility, and G (Governance) – assessing the corporate governance structure. The CCC Group joined the index in 2018, initially receiving a ‘BB’ rating. Within a year, the Group advanced to ‘BBB’, and by the end of August 2020, it earned an ‘A’ rating. This achievement has now been upgraded to an ‘AA’ rating. The MSCI rating scale spans from the lowest to the highest, including CCC, B, BB, BBB, A, AA, and AAA.
‘Advancing in the ranking is a meaningful acknowledgment of our ongoing efforts to build a more sustainable business. Our corporate governance and supply chain activities received high scores in the ranking. The commitments we undertake are largely in response to the expectations of our investors, customers, and employees. This recognition is a significant accolade, affirming that our strategic focus on ESG activities is indeed the correct path. I am delighted that our unwavering commitment to upholding the highest standards of ESG reporting and championing sustainability has been acknowledged,’ said Dariusz Miłek, President of the Management Board of CCC Group.
As part of the efforts to modernise its supply chain, the CCC Group introduced the Supplier Code of Conduct to its suppliers in December 2022, mandating strict compliance. Regular monitoring of suppliers is conducted, including through social and environmental audits carried out both internally by our employees and externally by independent firms and certification bodies.
The CCC Group’s commitment to ESG reporting has received acknowledgment as well. In 2023, the Company was once again honoured in the 17th edition of the Sustainability Reports competition organised by the Responsible Business Forum and Deloitte.
