In 2020, GHC received an investment grade EE- ("Adequate") rating on environmental, social and governance ("ESG") topics from Standard Ethics Ltd. ("Standard Ethics"), an independent agency that issues non-financial sustainability ratings.
The rating assigned by Standard Ethics is an independent assessment that expresses the level of compliance with voluntary institutional and international sustainability guidelines (and related governance aspects) from the United Nations (UN), the Organisation for Economic Cooperation and Development (OECD) and the European Union (EU). In the case of GHC’s rating, Standard Ethics reports that the policies and reporting on ESG issues appear to be in line with good sector practice, with a well-designed risk management system covering non-financial issues. In addition, the agency stressed that GHC's non-financial reporting is integrated in a sophisticated and transparent way. Standard Ethics' outlook on GHC is positive, with an expected long-term rating of investment grade EE ("Strong").