Company’s ESG credentials also further reinforced with retention of CDP rating of A-
LONDON, UK, 20 December 2022 – RS Group plc (LSE: RS1), a global omni-channel provider of product and service solutions, today announced it has qualified as a constituent of the Dow Jones Sustainability Indices (DJSI), which measures the performance of companies selected with environment, social and governance (ESG) criteria using a best-in-class approach.
The DJSI is the longest running global sustainability benchmark worldwide and has become a key reference point for investors and businesses alike. Specifically, RS has been added to the Dow Jones Sustainability™ Europe Index, which comprises European sustainability leaders as identified by S&P Global through its Corporate Sustainability Assessment (CSA).
The S&P Global Corporate Sustainability Assessment (CSA) is an evaluation process for companies looking to establish a sustainability baseline and gain independent insight into their sustainability performance relative to peer companies. The company’s global ESG score puts it in the 93rd percentile of its industry/peer group.
In addition to being added to the DJSI, RS also announced today it has retained its A- rating for the Carbon Disclosure Project (CDP), which assesses 15,000 global companies on environmental disclosures.
“Admission to the DJSI, one of the world’s most respected benchmarks for sustainability, is a highly significant milestone for our business in the ESG area and we are immensely proud of it,” said Debbie Lentz, President ESG Solutions at RS Group. “We are also pleased to have retained our A- CDP rating although our aspiration for the future is an A rating. Our DJSI qualification is yet another important landmark that builds upon our notable ESG achievements and accelerates our journey towards becoming a leader and an example to our industry peers.”
RS Group plc is a leading global omni-channel industrial product and service solutions provider to customers who are involved in designing, building and maintaining industrial equipment and operations, safely and sustainably. We stock more than 700,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to over 1.2 million customers. With operations in 32 countries, we trade through multiple channels and ship over 60,000 parcels a day.
We support customers across the product life cycle, whether via innovation and technical support at the design phase, improving time to market and productivity at the build phase, or reducing purchasing costs and optimising inventory in the maintenance phase. We offer our customers tailored product and service propositions that are essential for the successful operation of their businesses and help them save time and money.
RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2022 reported revenue of £2,554 million.