Edited 2 ESG articles kv 05042024

Ayvens excels in sustainability ratings with high ESG scores

2 min to readCorporate news
We’re making strides in the realm of sustainability, as reflected in this year's exceptional environmental, social, and governance ratings from Sustainalytics and the CDP Climate rating. Ayvens is committed to upholding the highest standards of ESG practices, and these ratings showcase our dedication to incorporate sustainable principles into our core business strategy – and make sure we’re making the world better with every move!
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We recognize the paramount importance of external ratings and perspectives on our ESG performance. They serve as invaluable sources of benchmark and progress and provide us with a neutral view on our ESG performance, guiding our efforts towards continuous improvement.

Sustainalytics, a trusted evaluator for both debt and equity investors, has awarded Ayvens with a score of 10.9, showcasing a remarkable improvement of 6 points from our previous rating (ALD SA)! The score rates risk, and the lower the score the better. This places us at an impressive #3 out of 399 companies in the Transportation sector, highlighting our dedication to sustainability within our industry.

Sustainalytics evaluates the sustainability practices of publicly listed companies, focusing on their environmental, social, and corporate governance (ESG) performance.

Another rating Ayvens has been awarded is the Climate rating provided by CDP, that serves as a crucial metric utilised by both investors and clients in their supplier selection processes. The CDP (formerly the Carbon Disclosure Project) is an international non-profit organisation that helps companies disclose their environmental impact. Ayvens (ALD SA) has maintained its score of B, aligning with the European average and surpassing the sector average in Trading, Wholesale, Distribution, Rental & Leasing, which sits at C. Our ongoing Science Based Target initiative is poised to bolster Ayvens' efforts in this regard for the upcoming year, and we look forward to being ranked even higher.

We're pleased to see our efforts recognized through this outstanding rating from Sustainalytics. It underscores our commitment to addressing ESG risks and driving positive change within our operations. We believe that, by being part of the solution to the problems our world is facing – from climate change to inequality and beyond – we can bring benefits to all our stakeholders.

Stéphane Renie

At Ayvens, we’re excited to keep going with our promise to provide more sustainable mobility to more people in more places than ever before!

Driving towards sustainable achievements

We’re committed to a holistic, global approach to tackling environmental, social and governance (ESG) issues – all founded on four sustainability pillars. Our ESG strategy is grounded in clear commitments and ambitious targets. Read more about them here.

Our ratings serve as a testament to our proactive approach towards sustainability. With a clear roadmap and ambitious targets, Ayvens continues to lead the way in driving positive environmental and social impact while delivering long-term value to our stakeholders.

Sustainalytics stands as a leading independent firm specialising in ESG and corporate governance research, ratings and analytics.

Published at April 5, 2024
April 5, 2024
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