News
Sofidel Recognized for ESG Risk Management
February 15, 2024
Sofidel recently ranked as the top company in the household products category of Morningstar Sustainalytics’ annual ESG Risk Ratings.
Each year, Sustainalytics analyzes more than 14,000 companies worldwide on their environmental, social, and governance (ESG) performance and its risk to the business’ financial stability. Sofidel received a score of 14.4, placing it in the Low Risk category as a company with a strong ability to manage ESG risks.
“The Morningstar Sustainalytics rating confirms our solid commitment to ESG risk management policies,” commented Riccardo Balducci, Sofidel sustainability director. “This type of analysis and assessment is increasingly important because it represents a benchmark for external observers and stakeholders, whose choices are more and more guided by companies’ ability to develop, implement, attest, and share their sustainability strategies promptly; and because it allows companies to identify areas for possible further improvement.”
About Sofidel
Sofidel is an international manufacturer and distributor of paper and food service products. For more information, visit sofidel.com.
