OTWO Magazine December 2024 | Page 51

Desempeño ambiental , socia

DAhabiTAt

Juanjo Trujillo

Environmental , Social , an

Desempeño ambiental , socia

European companies face increasing pressure from environmental threats like climate change , resource scarcity , and social and governance risks in global supply chains . Environmnetal , Social and Governance ( ESG ) ratings assess how well companies manage these risks , covering areas such as packaging waste , sustainable sourcing , carbon footprints , health and safety , labour management , and corporate governance . Using a rules-based methodology , we evaluated the fifty largest European companies in the EURO STOXX 50 index using the MSCI database .
Since 2019 , EU companies have improved their ESG performance from 74 to 80.6 ( on a scale from 0 to 100 , where 0 is laggard and 100 is leader ), with most companies identified as leaders . This improvement indicates an apetite of EU large companies to lead global environmental transition .
Note that , while MSCI ’ s Implied Temperature Rise ( ITR ) metric shows that EU companies are largely aligned with the 2 ° C climate target , additional efforts are needed to meet the 1.5 ° C goal .
Source : European Environment Agency .
26 OTWO 65 / DECEMBER 2024