(Alliance News) - Standard Ethics on Wednesday confirmed the Corporate Standard Ethics Rating "EE+" for A2A Spa. The first Corporate SER awarded to the company was in 2010. The company is a constituent of the SE Italian Index and the SE Multi-Utilities Index.

"With the recent update of the strategic plan to 2035, the company has confirmed the themes of energy transition and circular economy as pillars of the corporate strategy, providing for important investments also oriented to decarbonization and the development of future-fit solutions," reads the Standard Ethics statement. "The objectives in this sense are aligned with the main levers of sustainable development enshrined in Agenda 2030 and the European strategies of green transition and energy autonomy. Significant targets also concern human resources and green procurement policies, which were attentively addressed with specific initiatives throughout the year."

ESG reporting and sustainability policy frameworks are aligned with key standards and frameworks enshrined by the UN, OECD and European Union.

"Gender parity on the board remains a desirable goal," the statement concludes.

A2A's stock is up 1.7 percent at EUR1.89 per share.

By Chiara Bruschi, Alliance News reporter

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