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NOVOMATIC receives international ESG rating upgrade

NOVOMATIC receives international ESG rating upgrade

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Institutional Shareholder Services (ISS) ESG, a rating agency specialising in sustainability, has raised its rating of NOVOMATIC AG to ‘C’, for the first time, placing the company in the top 30% within the electronics industry and joining the ranks of global leaders such as Apple, Dell and HP.

ISS ESG is one of the world’s leading ESG rating agencies, and the assessment of a company’s environmental, economic and social performance as part of the Corporate Rating is based on approximately 100 industry-specific indicators.

NOVOMATIC has particularly improved in the areas of Employees & Suppliers, Society & Product Responsibility and Corporate Governance & Business Ethics.

ESG is an integral part of NOVOMATIC AG’s corporate strategy as the company strives for continuous improvement as part of its comprehensive sustainability program.

Executive Board Member, Ryszard Presch, says: “As an international gaming technology group, we have always assumed social responsibility and act conscientiously and transparently in all areas of our business.”

Fellow Board Member, Johannes Gratzl, adds: “We are delighted that our extensive commitment to sustainability has now been recognised by ISS ESG with a top rating.

“With this rating, we have made a great leap forward, and our level of transparency is now at the highest level. We are also well above the industry average when it comes to the core issue of working conditions and standards.”