Novomatic achieves international recognition with upgraded ESG rating

Updated:2024-03-21 14:29    Views:88

Novomatic AG's rating was elevated to "C" by ISS ESG in October 2023, pushing the brand into the top 30% of the electronics industry. This places Novomatic in the company of global industry leaders such as Apple, Dell and HP. 

ISS ESG is one of the world’s top ESG evaluators and is very thorough in its testing. The assessment in question considers approximately 100 industry-specific indicators covering environmental, economic and social performance.

The upgraded rating reflects improvements across a number of key areas for Novomatic, including "Employees and suppliers," "Society and product responsibility" and "Corporate governance and business ethics." 

Ryszard Presch, Executive Board Member at Novomatic,Online Casino Games stated: “As an international gaming technology group, we have always assumed social responsibility and act conscientiously and transparently in all areas of our business.”

Fellow Board Member Johannes Gratzl added: “We are delighted that our extensive commitment to sustainability has now been recognized by ISS ESG with a top rating. With this rating, we have made a great leap forward, and our level of transparency is now at the highest level. We are also well above the industry average when it comes to the core issue of working conditions and standards.” 

This upgrade comes after another success for Novomatic earlier in the year when they achieved the highest brand value increase in 2023, as measured by the European Brand Institute.

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