Morningstar Sustainalytics Upgrades PT Merdeka Copper Gold Tbk’s ESG Risk Rating
PT Merdeka Copper Gold Tbk’s Environmental, Social, and Governance (ESG) risk rating has been upgraded by Morningstar Sustainalytics. Merdeka’s ESG risk rating of 32.1 significantly improves its global ranking to 46th from 96th, placing it in the top quartile among the rated diversified Metals & Mining companies.
Morningstar Sustainalytics rating places Merdeka as one of the highest comprehensive ESG risk rating for rated diversified Metals & Mining companies in Indonesia supported by strong and robust ESG policies, programmes, and practices. This upgrade is a recognition of Merdeka’s ongoing commitment to sustainability and our ESG-related initiatives in its mission to be at the forefront of safety, environmental protection, and corporate social responsibility.
Morningstar Sustainalytics is one of the leading ESG rating agencies and for more than 30 years has focused on delivering innovative solutions that have enabled the world’s leading institutional investors to identify, understand, and manage ESG-driven risks and opportunities.
