Company Country Asset class ESG Rating Environment Social Governance Dynamics Date ESG Report Link
Agroholding "STEPPE" Russian Federation Non-financial company
BBB[esg]
B[e]
BBB[s]
A[g]
Initial assignment 15.12.2023 link
CREDIT BANK OF MOSCOW Russian Federation Bank
AA[esg]
A[e]
A[s]
AA[g]
Upgraded 15.12.2023 link
EVRAZ Russian Federation Non-financial company
A[esg]
AA[e]
A[s]
A[g]
Initial assignment 25.10.2023 link
Kuzbassrazrezugol Russian Federation Non-financial company
BB[esg]
BBB[e]
BB[s]
BBB[g]
Initial assignment 13.12.2023 link
MMK Russian Federation Non-financial company
A[esg]
A[e]
AA[s]
A[g]
Initial assignment 22.11.2023 link
Nornickel Russian Federation Non-financial company
A[esg]
A[e]
A[s]
AA[g]
Initial assignment 28.06.2023 link
PJSC Polyus Russian Federation Non-financial company
AA[esg]
AA[e]
AA[s]
AA[g]
Confirmed 11.12.2023 link
PJSC Severstal Russian Federation Non-financial company
A[esg]
AA[e]
AA[s]
BBB[g]
Confirmed 31.07.2023 link
Phosagro Russian Federation Non-financial company
AA[esg]
AA[e]
AA[s]
AAA[g]
Initial assignment 20.06.2023 link
RSHB - Moscow Exchange Index - RSPP Vector of sustainable development, total return Russian Federation Fund
BBB[esg]
BBB[e]
BBB[s]
A[g]
Confirmed 06.12.2023 link
RSHB - Russian corporate eurobonds, vector ESG Russian Federation Fund
BBB[esg]
BBB[e]
BBB[s]
A[g]
Confirmed 06.12.2023 link
Rosvodokanal Russian Federation Non-financial company
BB[esg]
CCC[e]
A[s]
BBB[g]
Initial assignment 25.08.2023 link
Russian Railways Russian Federation Non-financial company
BBB[esg]
BBB[e]
BBB[s]
BBB[g]
Initial assignment 18.12.2023 link
Sber Russian Federation Bank
AA[esg]
AA[e]
AAA[s]
AAA[g]
Initial assignment 31.07.2023 link
T Plus Russian Federation Non-financial company
A[esg]
A[e]
A[s]
AA[g]
Initial assignment 27.10.2023 link
URALCHEM Group Russian Federation Non-financial company
A[esg]
BBB[e]
AA[s]
BBB[g]
Initial assignment 14.11.2023 link
Uralkali Russian Federation
A[esg]
A[e]
A[s]
A[g]
Initial assignment 22.11.2023 link
VK (Mail.ru) Russian Federation Non-financial company
BBB[esg]
B[e]
AA[s]
BBB[g]
Initial assignment 03.10.2023 link
X5 Retail Group Russian Federation Non-financial company
BBB[esg]
BBB[e]
A[s]
A[g]
Initial assignment 29.11.2023 link
Zarubezhneft Russian Federation Non-financial company
BBB[esg]
BBB[e]
A[s]
A[g]
Initial assignment 16.05.2023 link

Methodology for assigning ESG Ratings to Corporates

ESG Corporate Methodology  - Version 4 as of July 2022

ESG Corporate Methodology  - Version 4 as of July 2022 (in Russian)

An environmental, social and governance (ESG) rating represents the opinion of the Agency on how well corporations manage their exposures to environmental, social and governance risks through policies, programs, disclosures and actions. It also represents the Agency’s opinion on how the entity takes advantage of opportunities related to environmental and social factors.

This methodology describes the system of factors and sub-factors used in the process of assigning ESG ratings to corporates. The overall ESG rating is also separated into environmental (E), social (S) and governance (G) ratings. This allows the users of this methodology not only to understand the overall ESG position of the company, but also the individual exposures and mitigation of E, S and G risks.

Archive

Version 3 - Version as of September 2019

Version 2 - Version as of November 2018

Version 1 - Version as of September 2017

 

The environmental, social, governance and total ESG ratings assigned by Rating-Agentur Expert RA GmbH are defined on the basis of allocating the company to one of 9 rating classes according to the following scale:

 

Rating
ESG
Rating
E
Rating
S
Rating
G
Rating
level
Score Rating Band
AAA[esg] AAA[e] AAA[s] AAA[g] Highest
level
89 - 100% A-rating band
The entity’s position is above average. Minor or no further actions are required, but the entity can benefit from any additional improvement or innovation.
AA[esg] AA[e] AA[s] AA[g] Very high
level
78 - 89%
A[esg] A[e] A[s] A[g] High
level
67 - 78%
BBB[esg] BBB[e] BBB[s] BBB[g] Moderately
high level
56 - 67% B-rating band
The entity’s position is average. The entity faces a bearable amount of risks, which can be mitigated with a reasonable number of further actions.
BB[esg] BB[e] BB[s] BB[g] Sufficient
level
44 - 56%
B[esg] B[e] B[s] B[g] Moderately
low level
33 - 44%
CCC[esg] CCC[e] CCC[s] CCC[g] Low

22 - 33%

C-rating band
The entity’s position is below average. Strong actions are required. The entity faces a significant amount of risks but there is a big room for improvement.
CC[esg] CC[e] CC[s] CC[g] Very low
level
11 - 22%
C[esg] C[e] C[s] C[g] Lowest
level
0 - 11%