Yinson was recognised as an ‘ESG Industry Top Rated Company’ by the global ESG Risk Rating agency, Sustainalytics for the third year running. The continued recognition underscores Yinson’s unwavering commitment to sustainability and exemplary performance in environmental, social and governance (ESG).

In 2024, Yinson achieved an ESG Risk Rating of 15.3, positioning the company in the 1st percentile within the Energy Services industry and the Oil and Gas Equipment subindustry. Notwithstanding the comprehensive update to the rating methodology, Yinson maintained a ‘Low-Risk’ rating, demonstrating effective management of ESG risks.

Yinson’s Head of Corporate Sustainability, Dr Renard Siew, expressed gratitude for the recognition, stating, “ESG Industry Top Rated Company recognition is a testament to the collective effort, dedication and passion of our colleagues from various functions. The holistic and integrated approach to sustainability has allowed us to build a resilient ESG risk management framework. We are truly grateful to all Yinsonites for being on this journey together.”

Sustainalytics’ ESG Risk Rating evaluates over 15,000 companies across 42 industries, analysing each company’s ESG risk exposure and effectiveness of risk management. In May 2024, Sustainalytics introduced significant enhancements to the rating methodology, with enhanced baselines and new Material ESG Issues (MEIs), to provide a more comprehensive and forward-looking assessment of companies’ ESG risk. ESG Top-Rated companies like Yinson are distinguished by their robust ESG management practices with top 50 ESG scores within the Sustainalytics global research universe.

For more information on Sustainalytics’ ESG ratings and methodology, please visit http://www.sustainalytics.com/esg-rating.