Linde has been upgraded to A in MSCI’s ESG Ratings assessment, on a scale of CCC to AAA.
The improvement from BBB was mainly attributed to the company’s comprehensive decarbonisation strategy, including its initiatives to reduce its greenhouse gas emissions intensity by 35% and double the annual purchase of renewable power by 2028, Linde explained in a statement.
MSCI ESG Ratings measure companies according to industry-specific exposure to environmental, social and governance (ESG) risks and their ability to manage them.
“Linde is helping its customers to avoid more than two times the emissions of our own operations through the application of our technologies and solutions,” said Riva Krut, Vice-President and Chief Sustainability Officer at Linde.
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