ESG performance
Convinced that extra-financial performance is a lever for attracting responsible investment, Voltalia actively participates in evaluations by the most demanding ESG rating agencies, which attest to its overall CSR performance as well as the transparency and maturity of its policies and associated indicators.
Each year, Voltalia participates in the rating campaigns presented below, based on extra-financial data from the previous year. For example, a rating obtained in 2024 will relate to the 2023 financial year.
| Year | Rating | Utilities (Industry Group) | Renewable power production (subindustry) |
|---|---|---|---|
| 2024 | 15 | 39/644 | 16/88 |
| 2023 | 12.5 | 17/716 | 9/99 |
| 2022 | 13.8 | 16/704 | 7/95 |
The Sustainalytics rating focuses on environmental and social (E&S) risk management. The closer the score is to 0, the more likely it is that the company has a low exposure to E&S risks and that they are well managed.
The assessment's summary report emphasizes that Voltalia's ESG risk management is strong, demonstrating the effectiveness of its sustainable approach to business.
The rating has recently decreased due to significant updates in the assessment methodology. In a context where companies are constantly improving the management of their extra-financial risks, Sustainalytics has tightened the criteria requirements for all issuers, making them increasingly demanding. These adjustments are designed to guarantee more robust and reliable results, in line with best practices in the sector and changes in the socio-economic context.
For the sixth year running, Voltalia has been included in the Gaïa 2024 index developed by the extra-financial rating agency, EthiFinance.
This rating is based on a set of 140 extra-financial criteria that assess the transparency and level of maturity of companies with regard to their CSR and sustainability policies, practices and performance.
| Year | Rating |
|---|---|
| 2024 | 70/100 |
| 2023 | 75/100 |
| 2022 | 62/100 |
| Year | Rating |
|---|---|
| 2024 | AA |
| 2023 | A |
| 2022 | A |
MSCI (Morgan Stanley Capital International) ESG ratings aim to measure a company's management of ESG risks and opportunities that are relevant from a financial point of view. Ratings range from CCC to AAA.
Thanks to its rating, Voltalia is considered a “leader” in the management of the most significant ESG risks and opportunities, and thus ranks among the 34% best-performing companies in the utilities sector.
| Year | Rating |
|---|---|
| 2024 | B |
| 2023 | B |
| 2022 | B |
The Prime badge is awarded to companies whose ESG performance exceeds the sector-specific Prime threshold, meaning that they meet ambitious requirements in these topics.
| Year | Rating |
|---|---|
| 2022 | C |
| 2023 | C |
| 2024 | Rating in progress |
The Carbon Disclosure Project (CDP) is an international non-profit organization that enables voluntary companies to publish their environmental data using a dedicated questionnaire.
A grade ranging from D- to A is awarded to companies to inform them of their level of environmental disclosure and performance.
The C grade corresponds to the company's "Knowledge of impacts on, and of, climate issues".
EcoVadis is a rating system that assesses the CSR performance of over 130,000 companies worldwide in a variety of sectors.
The assessment is based on 21 criteria, organized into four main themes: environment, social and human rights, ethics, and responsible purchasing.
This approach enables companies to better understand their corporate social responsibility and sustainable development practices.
In 2024, Voltalia received the “Committed” distinction, which means that Voltalia has a good ESG performance according to the standards of the Ecovadis methodology
| Year | Rating |
|---|---|
| 2024 | 4.5/5 |
| 2023 | 4/5 |
| 2022 | 4/5 |
Humpact is a non-financial performance rating agency that focuses on companies' human resources performance.
In 2024, Voltalia demonstrated its quality as a responsible employer in Humpact's annual evaluation campaign, ranking 16th out of nearly 300 companies assessed.