S&P Global, an international rating that evaluates the environmental, social, and governance aspects of more than 13,00 companies, includes Leonardo in the Dow Jones Sustainability World Index and the Dow Jones Sustainability Europe Index.
This latest rating becomes the aircraft manufacturer Leonardo’s fourteenth year in a row to be ranked by S&P Global.
Leonardo and the Dow Jones Sustainability Indices (DJSI)
The methodology of how Leonardo is analyzed is based upon the results of the Corporate Sustainability Assessment of S&P Global, analyzing the ESG performance of the company.
S&P Global will then hand out recommendations and strategies for improvement, which rely solely on publicly disclosed information, and the revealing of results of the “media & stakeholder analysis” process and toolkits.
S&P has awarded Leonardo a total of 80 points out of 100, which is the highest in the Aerospace and Defense sector for the fifth year running!
Roberto Cingolani, CEO and General Manager of Leonardo commented on the latest ranking from S&P: “Sustainability is a lever to boost the competitiveness of our business.” He added how the results will help guide Leonardo’s sustainability journey:
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“In the coming years, we will be focused above all on decarbonizing our direct and indirect activities in line with our Science Based Targets initiative (SBTi) commitment, making our supply chain more sustainable and promoting a culture based on diversity, equity, and inclusion.”
Stefano Pontecorvo, Chairman of Leonardo added further comment: “The Dow Jones Sustainability Indices results are an important recognition of our role as a global sustainability leader.”
“We are therefore convinced in pursuing our strategy of creating sustainable value for all our stakeholders, further strengthening our governance of ESG issues,” said Pontecorvo.
Leonardo’s inclusion in the DJSI of S&P Global also follows the recommendations of ratings assessed by relevant institutions during 2023.
The Italian company has been handed A – Average rating from MSCI ESG Ratings, the update of the ESG Risk Rating by Sustainalytics (25.0 – medium risk), the ESG Score produced by Moody’s Analytics (63/100).
This confirmed itself to be within the MIB ESG Index of Euronext and Borsa Italiana, the A- rating by CDP (formerly Carbon Disclosure Project) and the inclusion in the Bloomberg’s Gender Equality Index 2023
Summary
We often see Leonardo making impressive headlines, especially with respect to sustainability and social corporate responsibility.
This could be seen by Leonardo’s product achieving important milestones – including our recent coverage of the regional milestone of Abu Dhabi Aviation flying a Leonardo AW139 with blended SAF.
Leonardo also published details on their cooperation with the Pratt and Whitney PT6C-67C powered AW139 helicopter.
These projects are testimonials of Leonardo’s commitment to uplifting their products to be future-proof and a leader in sustainability in the aviation sector.
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