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Sisal Leads Gaming Industry in Sustainability

Sisal Leads Gaming Industry in Sustainability
by
September 11, 2023
in Business News, iGaming News
32

In a remarkable display of commitment to sustainability, Sisal, Italy’s foremost gaming operator and a vital part of the Flutter International division, has not only maintained but significantly improved its standing in Morningstar’s Sustainalytics ESG Risk Rating. The company has surged to the forefront of the “Casinos and Gaming” sector, clinching the top spot, and secured an impressive second place in the broader “Consumer Services” sector. Furthermore, Sisal has ascended within the elite ranks, positioning itself among the top 150 out of over 15,000 businesses subjected to evaluation on a global scale by Sustainalytics.

As of August 2023, Sisal proudly boasts an ESG Risk Rating of 8.9, a testament to the company’s unwavering commitment to sustainability. Morningstar Sustainalytics, a preeminent firm specializing in ESG research, ratings, and data, has assessed Sisal as being at negligible risk of facing adverse consequences stemming from ESG (Environmental, Social, and Governance) factors. This distinction underscores Sisal’s dedication to embracing responsible practices and its desire to align itself with the most stringent ethical standards.

Morningstar Sustainalytics: Pioneers in ESG Evaluation

Morningstar Sustainalytics, for the uninitiated, is a globally respected authority in the field of ESG evaluation. They play an instrumental role in assisting investors worldwide in the formulation and execution of investment strategies rooted in responsible practices. Their meticulous assessment of companies takes into account a myriad of ESG factors, ranging from environmental sustainability to social responsibility and governance practices.

Sisal’s Journey Toward Sustainability

Sisal’s triumphant rise in Morningstar’s ESG Risk Rating can be attributed to its robust sustainability strategy, one that lays significant emphasis on ethical gaming regulations and underscores its commitment to fostering a corporate environment built on strong governance, ethical business conduct, and people-centric practices. This strategy aligns seamlessly with Flutter’s overarching vision, encapsulated in the Positive Impact Plan, and cements the group’s ambition to lead the industry in sustainable practices.

The Unprecedented Achievement

The noteworthy achievement credited to Sisal serves as a resounding validation of the sustainability path the company has embarked upon. This path, firmly rooted in national and international best practices, endeavors to construct a comprehensive framework capable of seamlessly integrating and enhancing social, environmental, and governance performance. The ultimate goal? To pave the way for a future marked by heightened responsibility and sustainability.

FAQs on Sisal’s Remarkable Sustainability Achievement

What does an ESG Risk Rating of 8.9 signify for Sisal?
An ESG Risk Rating of 8.9, as awarded to Sisal by Morningstar Sustainalytics, signifies that the company is at negligible risk of experiencing adverse impacts resulting from Environmental, Social, and Governance (ESG) factors. It highlights Sisal’s robust commitment to responsible practices and sustainability.

How does Morningstar Sustainalytics assess companies’ ESG performance?
Morningstar Sustainalytics employs a comprehensive evaluation process that takes into account a wide range of ESG factors, including environmental sustainability, social responsibility, and governance practices, to assess companies’ ESG performance. Their ratings and data aid investors in making informed decisions that align with responsible investment strategies.

What is Sisal’s sustainability strategy, and how does it contribute to its ESG performance?
Sisal’s sustainability strategy focuses on ethical gaming regulations, strong governance, ethical business conduct, and people-centric practices. These elements contribute significantly to the company’s high ESG Risk Rating and underscore its dedication to responsible and sustainable operations.

What is the Positive Impact Plan, and how does it relate to Sisal’s sustainability efforts?
The Positive Impact Plan is Flutter’s overarching vision for sustainability. It aligns with Sisal’s sustainability strategy and underscores Flutter’s commitment to lead the industry in responsible and sustainable practices. Sisal’s remarkable sustainability achievement is a testament to its alignment with this vision.

How can Sisal’s achievement inspire other businesses to embrace sustainability?
Sisal’s remarkable ascent in Morningstar’s ESG Risk Rating serves as a shining example of what can be achieved when a company prioritizes sustainability. It can inspire other businesses to adopt similar practices, promote responsible operations, and contribute to building a more sustainable and responsible future.

In conclusion, Sisal’s outstanding performance in Morningstar’s Sustainalytics ESG Risk Rating is a testament to the company’s unwavering commitment to sustainability and responsible practices. This achievement not only places Sisal at the forefront of the gaming industry but also serves as an inspiration for businesses worldwide to follow suit in their journey towards a more responsible and sustainable future.

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