BOAL Group has achieved Morningstar Sustainalytics ESG Risk rating for the second consecutive year.
With the new and higher rating, BOAL Group claims the 29th position globally out of nearly 16,000 organizations, making it the top-scoring company among all Dutch enterprises. This second ESG Risk Rating, awarded by Morningstar Sustainalytics, demonstrates that BOAL has succeeded in defining a clear ESG strategy with goals that are both challenging and realistic to implement.
Adri Pols, CEO of BOAL Group, is delighted with the higher rating: "Clearly, I am extremely proud that we have managed to integrate our ESG strategy effectively into our business processes and deliver on our sustainability commitments. The ESG risk assessment of Morningstar Sustainalytics provides us with solid guidance, and it challenges us to continuously improve. Throughout the past year, our entire organization has been dedicated to implementing improvements in all areas that contribute to sustainability, social cohesion, and transparency. Every part of our group of companies has come to realize that only through collective action we can truly make a difference. And how wonderful it is to be rewarded for our hard work? It is the recognition for our efforts, and even more importantly, our efforts will contribute to a better world for future generations."
Stefan Eggers, BOAL Group ESG Director, is enthusiastic about the impact the ESG-rating is making within BOAL, as well as towards its customers in terms of Scope 3: "The goals we have set for ourselves as an organization are ambitious. We can now demonstrate that we have achieved nearly every annual ESG target, which means that sustainability is at the core of our business, and our employees are not only aware of these goals but also act upon them. Ultimately, this is beneficial for everyone. With this rating, our customers know that, by using our products and services, they can achieve a positive impact on the final product they deliver. In the case of a vegetable grower, this means not only reducing the CO2 footprint of, for example, their tomatoes but also having a positive impact on the biodiversity in their immediate environment."