Betsson AB announced that it has received an AAA rating from Morgan Stanley Capital International (MSCI) ESG Ratings, an upgrade from its previous AA level.
The AAA rating is the highest rating, confirming Betsson's efforts in environmental, social, and governance (ESG) practices, which are crucial for a business's long-term profitability.
Betsson AB CEO Pontus Lindwall stated:
Receiving the highest ESG rating from MSCI proves Betsson's commitment to ethical business conduct, responsible gaming, and sustainable development. These are ongoing efforts throughout our business, and we are continuously striving to improve.
Morgan Stanley Capital International (MSCI) ESG Ratings assess companies' ability to manage long-term ESG risks, helping investors identify ESG risks and opportunities in their investment portfolios. Ratings range from AAA (highest) to CCC (lowest), depending on the company's exposure to and management of industry-specific ESG risks relative to its peers.
Companies being rated do not need to pay any fees for the rating. MSCI's rating methodology ensures that the assessments are fair, independent, maintaining the credibility and objectivity of the evaluations.
