The European ESG rating agency EthiFinance has ratified Ence's global rating of "Excellent" in its Solicited Sustainability Rating. Furthermore, the company has improved its score compared to the previous year, increasing its rating to 8.8 out of 10, from the 8.4 obtained in the previous period, as communicated by the company itself.
EthiFinance annually reviews the sustainability performance of more than 2,400 European companies, assessing their environmental, social, and governance (ESG) practices through a double materiality approach and with specific methodologies adapted to each sector.
In Ence's case, the agency examines its performance in four main areas: governance, environment, social aspects related to its own staff, and social aspects related to external stakeholders.
In terms of governance, EthiFinance highlights the robustness of Ence's corporate governance frameworks, as well as its business conduct and cybersecurity policies, which are supported by considered robust control and supervision systems.
In the social pillar affecting employees, Ence has raised its rating and achieved an "outstanding" score (9/10) from the agency, which focuses on working conditions, high collective bargaining coverage, and the consolidation of a strong health and safety culture throughout the organization.
From an environmental perspective, EthiFinance positively values the company's decarbonization initiatives, supported by environmental management system certifications and outstanding performance in circularity.
For its part, the social area linked to external stakeholders is the area that has progressed the most compared to the previous period. Within the Governance chapter, the performance of the Compliance and cybersecurity area once again stands out, repeating the maximum possible score, 10 out of 10, the same as in the previous evaluation.