ENGIE sees sustainable development as contributing to the Group’s ability to create long-term value through the joint development of sustainable business and appropriate management of non-financial risks. Non-financial ratings agencies focus the majority of their audit on how companies manage these risks and possible controversies arising from it. Their CSR performance rating is not only a measure of external recognition, but also provides essential guidance for the process of improving how companies manage these CSR risks.
External assessments and recognition
The non-financial risk management assessments of ENGIE conducted by ratings agencies provide external, independent recognition of the quality of its non-financial processes. They therefore provide additional input to the interactive dialog between the Group and certain stakeholders, such as investors, shareholders, customers, the media and even NGOs.
CSR Performance improvement
Because the non-financial performance of ENGIE is integral to its overall performance, it is regularly assessed by ratings agencies. Since these agencies work on the basis of their own benchmarks, their individual analyses provide different and complementary perspectives of the overall CSR performance of the Group.
ENGIE incorporates the analytical outcomes of all these ratings into its continual improvement process.
Moody’s ESG assessments
Moody’s ESG assessment :
In 2023, Moody's ESG assessment once again places ENGIE at an advanced level of performance, with a rating of 70/100 and a ranking of 6th among the 64 companies assessed in the Electricity and Gas Services sector.
ENGIE is listed in several indices: Euronext Vigeo World 120, Euronext Vigeo Europe 120, Euronext Vigeo Euro 120, Vigeo France 20 and CAC 40 ESG Index.Rating 2020 2021 2022 2023 ENGIE 65/100 68/100 70/100 70/100 Moody’s Net Zero Assessment :
Moody’s assessed ENGIE’s transition plan, giving it a rating of NZ-2, corresponding to aims aligned with a trajectory aligned 1.5°C and a “solid” level on the implementation of objectives.
| Rating | 2023 |
| ENGIE | NZ-2 |
More information about the notation
S&P Global ESG assessment and DJSI indices
In November 2023, S&P Global awarded the Group a score of 81/100, which places ENGIE in the 3rd place out of 45 companies in the Multi and Water Utilities sector.
ENGIE is part of the Dow Jones Sustainability Index (DJSI) World.
| Rating | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| ENGIE | 81/100 | 81/100 | 81/100 | 81/100 |
More information about the methodology More information about the notations
CDP assessment
Each year, ENGIE responds to the CDP (Carbon Disclosure Project) questionnaire, which questions and ranks the world's largest listed companies on their understanding of the challenges and their performance in terms of the fight against climate change (CDP Climat), water resources (CDP Water) and impact on forests (CDP Forests).
In 2023, the Group obtained a B grade for the CDP Climate questionnaire, an A- grade for the CDP Water questionnaire and a C grade for the CDP Forest questionaire.
| CDP Climat rating | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| ENGIE rating | A | A- | A- | B |
| CDP Water rating | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| ENGIE rating | A- | A- | B | A- |
| CDP Forests rating | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| ENGIE rating | - | B- | B | C |
More information about the notation
Sustainalytics assessment
At the end of 2023, ENGIE was assessed in the “Medium risk” category by Sustainalytics.
| Sustainalytics rating | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| ENGIE rating | Medium/High risk | Medium risk | Medium risk | Medium risk |
More information about the methodology
More information about the notation
MSCI assessment
In 2023, ENGIE received an AA rating from MSCI agency. ENGIE is included in several MSCI ESG indices, including the MSCI Europe Utilities Index and the MSCI EMU Infrastructure Index.
| MSCI rating | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| ENGIE rating | A | A | AA | AA |
More information about the methodology
More information about the notation
ECOVADIS assessment
Ecovadis offers companies a platform for conducting Corporate Social Responsibility (CSR) assessments of their suppliers. ENGIE completes this questionnaire every year at the request its customers. The rating is calculated on the basis of 21 criteria grouped into the 4 main themes of Environment, Labor and Human Rights, Ethics and Sustainable Procurement.
In 2023, ENGIE obtained an overall rating of 78/100, placing the Group in the Advanced category.
| EcoVadis rating (/ 100) | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| ENGIE rating | 75 | 77 | 78 | 78 |
ISS ESG assessment
ENGIE received a B- Prime rating from ISS ESG agency on a D- to A+ scale.
| ISS ESG rating (/ 100) | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| ENGIE rating | - | - | - | B- |