Performance and ratings

Feedback from ESG rating agencies is invaluable as a benchmark and an indicator of our stakeholders’ main concerns. 

Sustainalytics

As of November 2023, Sustainalytics[1] presented Elia Transmission Belgium with an Environmental, Social and Governance (ESG) Risk Rating of 8.7, ranking in the first percentile of the utility industry and even ranking first in the electric utility subindustry. The score compares to an industry average of 31.8. It assesses Elia to be at a negligible risk of experiencing material financial impacts from ESG factors and categorises the company as both ESG industry top-rated and ESG regional top-rated.

It demonstrates that Elia's ACT NOW sustainability action plan is paying off. Elia Transmission Belgium is embedding ACT NOW across all its business processes; it is carrying out its daily activities with a strong focus in mind, leading to big impact in terms of sustainability.

[1] Copyright ©2021 Sustainalytics. All rights reserved. This [publication/ article/ section] contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.

Rating scale

CDP Climate Change

Since 2017, Elia has been responding to the CDP Climate Change Questionnaire that addresses the company’s management of environmental impacts, climate risks and opportunities, the awarded score is made up of two factors:

  • the level of detail and the comprehensiveness of a company’s responses;
  • its awareness of climate issues, management methods and its progress on acting on climate change.
Year  Program  Status  Score 
2020 Climate change in 2020 Submitted  B
2019 Climate change in 2019 Submitted  B-
2018 Climate change in 2018 Submitted  B-
2017 Climate change in 2017  Submitted  C
Scale rating CDP
*Answers and data disclosed only related to the Belgian activities of Elia Group

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