Mandatum positioned among the best in its field in Sustainalytics ESG Risk Rating

Press release, 19 December 2024 at 1:00 p.m. EET

Mandatum succeeded well in the latest Sustainalytics ESG Risk Rating for investors and is now ranked in the low ESG risk category. Among companies in its subindustry, Mandatum's result was in the top two percent.

Mandatum's three ESG ratings have now been updated, and most recently the company achieved a score of 13.6 in the Sustainalytics assessment (on a scale of 0–100). With this result, the company falls into the low ESG risk category. Mandatum is now placed in the top two percent among companies in the asset management and custody services subindustry.

The Sustainalytics ESG Risk Rating is one of the most well-known metrics describing companies' sustainability efforts, which investors use to assess companies' ESG (Environment, Social and Governance) risks. ESG represents three different areas of corporate responsibility and sustainable finance: environmental responsibility, social responsibility and good governance. In the assessment, companies are classified into categories of negligible, low, medium, high and severe ESG risk.

"We have actively developed our sustainability efforts, and this is now also reflected in the company's ESG ratings. For Mandatum, sustainability is part of our business, and we manage it through our three key themes: responsible investing, promoting financial security and good working life, and sustainability in Mandatum's own operations. With the sustainability strategy we updated this autumn, we are aiming for sustainability goals even more systematically," says Mandatum Group’s CEO Petri Niemisvirta.

In the MSCI assessment updated in November, Mandatum achieved an ESG rating of "AA" (on a scale of CCC–AAA). This rating category reflects a company that is a leader in its industry in managing ESG risks and opportunities. In October, ISS ESG awarded Mandatum Prime status, indicating that the company's ESG rating is among the best in its industry. In addition to high-quality ESG ratings, Mandatum recently achieved excellent results in the UN PRI assessment, which measures the UN Principles for Responsible Investment.

Additional information:
 

Niina Riihelä
SVP, Communications, brand and sustainability
Tel. +358 40 728 1548
niina.riihela[a]mandatum.fi  

Mandatum in brief
Mandatum is a major financial services provider that combines expertise in wealth management and life insurance. Mandatum offers clients a wide array of services covering asset and wealth management, savings and investment, compensation and rewards as well as pension plans and personal risk insurance. Mandatum offers services to corporate, retail, institutional and wealth management clients. At the centre of Mandatum's success are highly skilled personnel, a strong brand as well as a proven investment track record.
mandatum.fi/en/group

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