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Kauppalehti to Offer Sustainalytics’ ESG Risk Ratings to its Susbscribers - a tool for responsible investing

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Alma Media Corporation                                                            Press release 1 June 2021

 

KAUPPALEHTI TO OFFER SUSTAINALYTICS’ ESG RISK RATINGS TO ITS SUSBSCRIBERS - A TOOL FOR RESPONSIBLE INVESTING

As the first financial media in Finland, Kauppalehti is offering Sustainalytics’ ESG Risk Ratings to its subscribers. Sustainalytics, a Morningstar company and a global provider of ESG research, ratings and data, is providing its ESG Risk Ratings on the 25 most traded companies on Nasdaq Helsinki.

Sustainalytics’ ESG Risk Ratings are designed to help investors identify and understand financially material ESG risks in their portfolio companies and how that risk might affect performance. The 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 that is comparable across all industries. Sustainalytics’ ESG Risk Ratings provide a quantitative measure of unmanaged ESG risk and distinguish between five levels of risk: negligible (0-9.99), low (10-19.99), medium (20-29.99), high (30-39.99) and severe (40 and above). A low ESG Risk Rating score for a company indicates low ESG risk. The lower the risk rating, the better is the company performance in managing its ESG risks.

“The need to manage risks related to climate change and other risks are steering investment decisions towards corporate responsibility and sustainable development. Both retail and institutional investors are seeking increasingly detailed information on companies’ carbon footprint, governance, human capital, and diversity. Our collaboration with Sustainalytics makes us the first financial media in Finland to provide data to support sustainable investment decisions,” says Arno Ahosniemi, Senior Editor-in-Chief of Kauppalehti.

Read more at https://www.kauppalehti.fi/vastuullisuus

For more information, please contact:
Arno Ahosniemi, Executive Editor-in-Chief, Alma Talent, tel. +358 040 588 6834

Alma Media in brief

Alma Media is a dynamic multi-channel media company with a strong capacity for renewal. We are building sustainable growth from media to services, providing content and services that benefit users in their everyday lives, work and leisure time. In Finland, our best-known brands include Kauppalehti, Talouselämä, Iltalehti, Etuovi.com, Nettiauto and Nettimoto. Our recruitment services include prace.cz and jobs.cz in the Czech Republic, Profesia.sk in Slovakia and mojposao.net in Croatia.

Alma Media operates in 11 countries in Europe and employs approximately 1,500 professionals. Alma Media’s revenue from continuing operations was EUR 230.2 million in 2020. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com.

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