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SUEK Scored 44 On ESG Evaluation; Preparedness Emerging


SUEK Scored 44 On ESG Evaluation; Preparedness Emerging
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MOSCOW, Feb. 1, 2021 /PRNewswire/ S&P Global Ratings said today that Siberian Coal Energy Co. (SUEK) scored 44 in its ESG Evaluation. On our scale of 0 to 100, a higher ESG Evaluation indicates a stronger sustainability assessment. The company s ESG Evaluation of 44 is the result of an ESG profile of 51, combined with emerging preparedness.
ESG Evaluation: Siberian Coal Energy Co.
SUEK is Russia-based company that operates in the coal energy business. The company recently expanded beyond coal mining (70% of assets) by purchasing coal power generation assets (20%), and is expanding its logistic assets (10%), which include railcars and ports. All its assets are in Russia, and the company is a major coal exporter, with revenue exposure to Asia, and Europe to a lesser extent. Its logistic assets are primarily used to export coal and other mining good ....

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