SFI Investment Holding joins the NKR rating agency's ESG index
SFI PJSC (SFI Investment Holding, MOEX: SFIN) has been listed on the NKR rating agency's ESG index. Per the survey results, the holding was categorized as belonging to the group with "above average" ESG observance level.
On top of that, the VSK insurance company, in which SFI holds 49%, entered the high-level group, while M.Video-Eldorado was named on a group with an average ESG observance level.
In its conclusion, the NKR rating agency's ESG index of Russian company had demonstrated a high interest of domestic companies in sustainability principles of development and the adoption of ESG practices. The NKR ESG index included real economy businesses, as well as financial institutions and insurers. For the final list, a total of 115 questionnaires were chosen. According to the points earned, the index participants were grouped into three categories: average compliance with environmental, social, and governance requirements; above average compliance; and high compliance.
SFI joined the category of issuers in the non-financial sector at the first and second levels of the Moscow Exchange listing with the NRA's "developing level" of ESG ranking last year.