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Neoen ranks among the top 2% of companies in V.E. ESG rating

Neoen has been awarded by agency V.E. for its environmental, social and governance (ESG) performance, with a score of 64/100.

Neoen first turned to the rating agency V.E, a Moody’s affiliate that assesses corporate integration of social, environmental and governance factors, to measure its policies and performance in 2018.

The assessment examines 21 criteria divided into 6 fields: Environment, Human Resources, Human Rights, Community Involvement, Business Behaviour and Governance. Neoen recently published its “Sustainability Framework”, a roadmap outlining the company’s commitments in view to scale up its contribution towards meeting the United Nations Sustainable Development Goals.

“We are delighted with the progress in our rating, which puts us in the top 2% of companies assessed by V.E. I would like to thank and congratulate everyone at Neoen who not only contribute directly to the energy transition but also actively seek out and employ best practices in terms of social issues in the countries we work in. Our corporate governance is guided by the same sturdy principles and its quality is reflected in the rating. We are proud to demonstrate that economic performance, sustainable development and high standards of governance can co-exist.”

declared Xavier Barbaro, Chairman and Chief Executive Officer of Neoen.

Source: Neoen