ABB, Ethics Standard assigns a “positive” outlook

ABB Ethics Standard assigns a positive outlook

(Finance) – Ethics standard has assigned a “positive” outlook to ABBSwiss multinational active in the robotics, automation and energy sectors. The Corporate Standard Ethics Rating (Ser) “EE” is confirmed. This is the sixth notch out of nine (in the “Strong” band) of the scale used by the independent rating agency based in London and focused on sustainability.

The voluntary alignment of the group to the challenges and international principles on sustainability is testified by socio-environmental objectives in line with global requests, by one ESG reporting Adequate, from policies and governance tools of sustainability (such as the code of conduct) with explicit references to supranational guidelines.

On the level of the corporate governance, the improvements in the Qual-equity composition of the Board of Directors They appear very gradual, with specific regard to the theme of gender balance between the administrators. Analysts are waiting to evaluate the new composition of the board in view of the next deadlines.

Any further implementation in the system of Esg Risk Management Oriented to reducing illegal risks is welcome, Ethics Standard underlines.

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