As proof of its unwavering devotion to environmental, social, and governance (ESG) excellence, International Game Technology PLC (IGT) proudly announced that the company has achieved the highest possible MSCI ESG rating—AAA.
This stellar score from the global rating agency reflects IGT’s year-over-year progress in managing ESG-related risks and capitalizing on opportunities, positioning the company as a sustainability leader in its sector.
Navigating ESG Terrain – IGT’s Yearly Surge
IGT’s remarkable achievement in securing a AAA rating underscores its proactive approach to ESG considerations. The MSCI ESG Ratings, which evaluate a company’s resilience to long-term ESG risks, place IGT at the forefront of the industry, reflecting the company’s strategic alignment with sustainable practices.
Breaking down the AAA score, the company shines particularly bright in key categories. Governance, product safety and quality, carbon emissions management, and labor practices are standout areas where IGT has garnered high marks. This well-rounded performance underscores IGT’s holistic desire for sustainable practices, from governance excellence to reducing its carbon footprint and ensuring the highest standards in product safety.
MSCI ESG Research, the esteemed global authority on ESG evaluations, employs a meticulous process to assess and rate companies on a AAA-CCC scale relative to their industry peers. IGT’s top-tier rating speaks volumes about its conscientious business practices, with a focus on minimizing risks and capitalizing on opportunities in a rapidly evolving ESG landscape.
Insights for Investors, MSCI’s Critical Role
MSCI’s ESG Ratings offer investors invaluable insights into a company’s ESG-related practices. By providing a comprehensive analysis of thousands of companies globally, MSCI equips institutional investors with the tools to make informed decisions, identifying both risks and opportunities that might escape conventional investment research.
As IGT proudly displays its AAA ESG Rating, the company stands as a beacon of sustainable excellence in the gaming industry, reinforcing its loyalty to responsible business practices and resilience in the face of evolving ESG dynamics.
Wendy Montgomery, IGT SVP, Marketing, Communications and Sustainability said: “IGT achieving the MSCI AAA ESG rating demonstrates our strong commitment to enhancing our company-wide sustainability results through our ongoing Sustainable Play initiatives. Sustainability is embedded throughout our daily operations as we focus on creating long-term value for our key stakeholders.”
Source: ”IGT Achieves Highest-Possible MSCI ESG Rating of AAA”. European Gaming. January 26, 2024.