FEZ Grodnoinvest entered the top ESG ranking of Belarusian companies
The administration of FEZ Grodnoinvest entered the top ESG ranking of Belarusian companies, becoming the best among non-financial organizations in terms of environmental, social and governance factors of activity.
The ranking was compiled using public data from companies in all sectors of the economy of the Republic of Belarus. After the preliminary screening, a direct analysis of 35 organizations was carried out, based on the data of which the TOP 20 companies in Belarus were compiled to disclose ESG factors in their activities.
The ranking was prepared by the rating agency BIK Ratings, accredited by the National Bank of the Republic of Belarus, in partnership with Belinvestbank JSC.
It should be noted that on August 11, 2023, Grodnoinvest free economic zone was the first among non-financial organizations in the Republic of Belarus to receive an ESG rating. Based on the results of the analysis, FEZ Grodnoinvest was assigned an A.esg rating (stable outlook), which indicates a high level of commitment to the principles of sustainable development when making key management decisions in the environmental, social and corporate spheres.