ESG Rating
The ESG (Environmental, Social, and Governance) rating assesses a company's performance in terms of environmental sustainability, social impact, and governance practices. This rating complements traditional financial evaluations by providing additional insights into a company’s ability to manage risks and seize opportunities in these three critical areas.
SER Assessment
The Supplier Engagement Rating (SER) evaluates how effectively companies engage their suppliers on climate-related issues. This rating is based on the understanding that supply chain engagement is crucial for achieving significant reductions in environmental impact. Since an organization’s upstream emissions are, on average, approximately 11.4 times greater than its direct emissions, there is substantial potential to reduce global emissions through supply chain influence.
Pattern Group, with its "C" score in the CDP 2023 Supplier Engagement Rating, is well-positioned at the "Awareness" level, indicating a solid understanding of supplier engagement issues related to climate change. Although this score is below the European and sector averages, this recognition places Pattern Group among the top 18% of companies in its activity group that actively acknowledge and address these critical issues.