Blancco Awarded "AA" Rating by MSCI ESG

RNS Number : 3029M
Blancco Technology Group PLC
11 January 2023
 

RNS Reach

11 January 2023

Blancco Technology Group PLC

 

Blancco Awarded "AA" Rating by MSCI ESG

 

Blancco Technology Group PLC (AIM: BLTG, "Blancco", the "Company" or the "Group"), the industry standard in data erasure and mobile lifecycle solutions, is pleased to announce that, as of December 2022, the Group received an MSCI ESG Rating of 'AA', an upgrade on the previous rating of 'A'.

In October 2022, Blancco published its third annual ESG Report. The report builds on its Impact narrative and demonstrates the improved management of ESG risk and opportunity through its performance analysis. The reporting also aligns to internationally recognised ESG frameworks, the Task Force on Climate-related Financial Disclosure (TCFD) and the Sustainability Accounting Standards Board (SASB).

MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers. This improved rating represents the Group's positive direction of travel in managing and reporting upon ESG issues material to the business.

Matt Jones, CEO of Blancco, said: "We are delighted to have received an 'AA' rating from MSCI. This is a testament to our commitment to robust oversight of ESG and to provide clear and comprehensive reporting. We have made strong progress in our ESG journey this year, not least in becoming a carbon neutral business by offsetting our Scope 1, 2 and 3 emissions, which is a significant step on the pathway to becoming net zero."

 

For further information:

 

Blancco Technology Group plc

Matt Jones, Chief Executive Officer

Adam Moloney, Chief Financial Officer

 

via Buchanan



 

Buchanan Communications Limited

+44 (0) 20 7466 5000

Chris Lane / Stephanie Whitmore / Jack Devoy

blancco@buchanan.uk.com


 

About Blancco

Blancco Technology Group plc is a leading global provider of mobile lifecycle solutions and secure data erasure solutions.  For more information, please visit www.blancco.com .

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