Hamburg, December 6, 2023
- Excellent ESG risk rating validates EOS Group’s sustainability strategy
- EOS is among the top two percent in its own segment
- First external rating to assess sustainability risks by rating agency Morningstar Sustainalytics
For the first time, the EOS Group received an ESG rating from the renowned rating agency Morningstar Sustainalytics. The financial services provider and investor was given a risk rating of 9.9 (low risk). According to Morningstar Sustainalytics, this puts EOS among the Top 3 in the “Consumer Finance” sector in which it operates. EOS was assessed in the categories “Human Capital”, “Product Governance”, “Data Privacy and Security”, “Corporate Governance” and “Business Ethics”. At 9.9, EOS only just fell short of the best category (0 to 10, negligible risk) on a rating scale of 0 to 40+.
Transparency for more sustainability
“We want to change things for the better, day by day. This independent ESG rating makes our contribution to sustainable development transparent,” says Marwin Ramcke, CEO of the EOS Group. “Getting this top position right away shows that our corporate responsibility strategy is successful and that we are very well positioned in a lot of areas. This result is also an incentive to continue to become a little better every day,” Ramcke continues.
Morningstar Sustainalytics is a leading company for ESG research, ratings and data. The ESG risk ratings by Morningstar Sustainalytics measure how well companies manage the main sector-specific ESG risks. ESG stands for Environment, Social and Governance.
Not only did EOS receive a sustainability rating from a rating agency for the first time this year, it also published a combined annual and sustainability report according to the Global Reporting Initiative (GRI) standard.
For more details on the rating and the methodology applied, go to: https://www.sustainalytics.com/esg-rating/eos-holding-gmbh/2000170330
About EOS Group
The EOS Group is a leading technology-driven investor in receivables portfolios and an expert in the processing of outstanding receivables. With over 50 years of experience and offices in more than 20 countries, EOS offers smart services for receivables management worldwide. Its key target sectors are banking, real estate, telecommunications, utilities, and e-commerce. EOS employs more than 6,000 people and is part of Otto Group. For more information on the EOS Group, please go to: https://eos-solutions.com/
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