We rely on sustainable development, creating a positive impact in the communities where we operate, being aware of the need to ensure balance between business development, society's needs and the environment.
Sphera is rated ” ESG Low Risk”, with a score of 18.7, by Morningstar Sustainalytics, a leading independent ESG research, ratings and data firm. The obtained rating indicates the company’s disclosure is strong, signaling a high degree of accountability to investors and the public.
Morningstar Sustainalytics ratings are independent and measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks. Ratings are categorized into five levels of risk: negligible (0-10), low (10-20), medium (20-30), high (30-40) and severe (40+).
ESG standards look at the sustainability of an organization from a three fold perspective: Environment – the extent to which the company manages its impact on the environment; Social – analyzes the company’s relationship with various stakeholders, including employees; Corporate Governance – compliance with corporate governance rules.
The communities in which we operate have welcomed us with open arms and we consider it our duty to support them through social responsibility programs.