On January 14, 2020, mBank Group received ESG Risk Rating from the research and rating agency Sustainalytics. Sustainalytics’ ESG Risk Ratings measure company’s exposure to industry-specific material ESG risks, and how well a company is managing those risks. ESG is a standard for sustainable business, comprising three areas: Environmental (E), Social (S) and Corporate Governance (G). A company’s final ESG Risk Rating assigned by Sustainalytics is scored on material ESG issues such as human capital, business ethics, corporate governance, data privacy and security, ESG integration – financials and product governance.
Sustainalytics is a globally renowned independent research and rating agency, which analyses companies’ sustainability for over 25 years.
According to Sustainalytics, mBank has low ESG risk (with a score of 13.4; the lower the score, the better the company’s ESG performance). In its summary report Sustainalytics writes: the company is at low risk of experiencing material financial impacts from ESG factors (…) and has not experienced significant controversies.
Summary of ESG Risk Rating for mBank Group issued by Sustainalytics is available on our website.