Performance and ratings
Feedback from ESG rating agencies is invaluable as a benchmark and an indicator of our stakeholders’ main concerns.
As of November 2023, Sustainalytics 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.
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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.
|Climate change in 2020
|Climate change in 2019
|Climate change in 2018
|Climate change in 2017