Renewi PLC ESG Evaluation Revised To 83 From 75, With Strong Preparedness
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LONDON, May 25, 2021 /PRNewswire/ -- S&P Global Ratings said today that it revised its ESG evaluation score to 83 from 75 on waste-to-product company Renewi PLC. The company's updated environmental, social, and governance (ESG) evaluation score is the result of an increase in its ESG profile score to 77 from 75, combined with strong preparedness. Higher numbers indicate stronger sustainability in our evaluations.
Please read S&P Global Ratings' ESG Evaluation Report
The ESG evaluation score of 83 reflects Renewi's above-average focus on recycling and waste management, which underpins its commitment to being a key contributor to the circular economy. The ESG profile score of 77 reflects our view of Renewi's waste-to-product business model, and the fact that the company is now more established following its formation in 2017 through the merger of the U.K.'s Shanks Group PLC and The Netherlands' Van Gansewinkel Groep B.V.