Grab awarded “AA” MSCI ESG rating
Grab Holdings Limited (NASDAQ: GRAB) announced today it has received an MSCI ESG Rating of “AA”. The rating is the second-highest MSCI ESG rating attainable by an organization, and it affirms Grab’s actions and commitment in the sustainability space.
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.
See related article: Moody’s improves FS’ ESG rating score
In May 2022, Grab announced three new sustainability goals in its annual Environment, Social and Governance report. They are i) to double the number of marginalized individuals earning an income on our platform by 2025, ii) to expand the proportion of women on our leadership bench to 40% by 2030, and iii) to achieve carbon neutrality within our ecosystem by 2040. These goals serve as a blueprint for Grab as it transitions to a triple bottom line company; one where it delivers financial performance for shareholders while ensuring a positive social impact on communities and on the environment.
Grab’s 2021 Key Sustainability Highlights
To learn more about Grab’s sustainability initiatives, please visit: https://www.grab.com/sg/about/sustainability/
Source: GlobeNewswire