๐Ÿ‡ฎ๐Ÿ‡ธ Morningstar Sustainalytics rates Arion Bank in top 3% globally in terms of sustainability

January 26, 2024
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Morningstar Sustainalytics rates Arion Bank in top 3% globally in terms of sustainability - mynd

Arion Bank recently gained an updated ESG risk rating from the international ratings agency Morningstar Sustainalytics, which specializes in rating ESG risk. The rating was positive and Morningstar Sustainalytics continues to rate the Bank as one of the best performing banks globally in this area.

The Bank scored 10.5 points on a scale from 0-100, with a lower score signifying lower risk. Morningstar Sustainalytics therefore believes there is minimal risk of significant financial damage due to ESG issues at the Bank. Arion Bank is in the top 5% of more than 1,000 banks worldwide which have been rated by Morningstar Sustainalytics and in the top 3% of almost 500 regional banks. Arion Bank also ranks in the top 3% of the approximately 16,000 companies rated by Morningstar Sustainalytics.

Copyright ยฉ2023 Morningstar Sustainalytics. All rights reserved. This press release contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available atย https://www.sustainalytics.com/legal-disclaimers.


Originally published on 24 January by Arionbanki.

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