One United Properties publishes its Environmental Social and Governance (ESG) Risk Rating issued by Morningstar Sustainalytics. Sustainalytics assessed, in September 2022, One United Properties a rating of 20.0, which was assessed medium risk. The ESG Risk Ratings by Sustainalytics are categorized across five risk levels: negligible (0-10), low (10-20), medium (20-30), high (30-40) and severe (40+).
“We are pleased with our ESG rating score, following an engagement of our investor relations and legal teams in the thorough risk rating process. Over the years, the importance of ESG criteria has increased significantly, and so did our focus on these aspects. The rating assessed by Sustainalytics to ONE is right at the border between a medium- and a low-risk score; therefore, we confidently target a low-risk score for the reassessment next year. We are particularly satisfied with the above-average rating in the corporate governance category, well above our local and international peers, which, considering our public company status, has been our key priority. In 2022, we are implementing several new policies and improving our ESG accountability, with a particular focus on whistleblowing, product governance as well as human capital, which will improve our score further. We believe ESG risk management is a continuous process, and we look forward to ameliorating it year after year, for the benefit of all our stakeholders,” said Victor Capitanu, co-CEO of One United Properties.
Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks. This multi-dimensional way of measuring ESG risk combines the concepts of management and exposure to arrive at an absolute assessment of ESG risk.
In the rating process, Sustainalytics identified the following aspects as material to One United Properties: corporate governance, ESG integration in the financial reporting, product governance, human capital, bribery and corruption, emissions, effluents and waste, as well as community relations.
