Worldline improves its position by becoming the 4th leading company of the Software and Services industry based on Sustainalytics assessment
- Transaction Banking , Payments
- 07.10.2019 09:39 am
Worldline, European leader in the payments and transactional services industry, announces that it has gained one place in the Sustainalytics ranking and became the 4th out of the 229 companies assessed in the Software and Services industry. For the second year in a row, Sustainalytics has recognised the company’s leadership in sustainability-related matters by giving an overall ESG score of 78/100.
Sustainalytics is an independent global provider of Environment, Social and governance (ESG) and corporate governance research and ratings to investors. The firm partners with institutional investors who integrate environmental, social and governance information and assessments into their investment decisions. ESG ratings coverage launched with 9,000 companies and has now expanded to cover 11,000 companies
Regarding the environment, Worldline has obtained an impressive top score of 100/100 which demonstrates the company’s leadership in its sector. As a matter of fact, Worldline always increases its efforts to reduce its energy use by switching to decarbonised and renewable energy and became the first company of the payment industry to be carbon neutral in 2019. Worldline has been engaged in a process of continuous improvement since 2016 through its strong environmental policy.
In the governance field, Worldline has been ranked with a score of 79/100 by Sustainalytics, proven by the company’s strong policies on bribery, anti-corruption and money laundering and by continually promoting ethical behaviours throughout its value chain, supported by its code of ethics and its membership in the UN Global Compact since 2016.
Based on the ranking, Worldline has shown a steady improvement in dealing with social challenges. Worldline’s strong commitment to human rights and human capital development such as retention initiatives and to the promotion of diversity measures have been rated with a score of 64/100, against 63/100 last year.
These excellent scores acknowledge Worldline's ambitious CSR strategy, the effectiveness of the related action plans and reward the company’s long-term engagement and continuous investment in corporate governance, stakeholder orientation, ethics, human development and the environment. In 2019, Worldline continues to demonstrate sustainable progress and improve its CSR performance as part of its TRUST 2020 CSR program.
Sébastien Mandron, Worldline’s Corporate Social Responsibility Officer, stated: "Once again, the Worldline extra-financial assessment by Sustainalytics acknowledges the company’s robust CSR strategy and commitments formalized in its TRUST 2020 program. Also, I am proud that Worldline reached the highest rating for the environmental domain and which became a citizen concern in the