Classys Upgraded to 'BBB' in MSCI ESG Rating
Clasis announced on the 26th that it has received a BBB rating from Morgan Stanley Capital International (MSCI), a global ESG (Environmental, Social, and Governance) rating agency. This is a two-level improvement from last year's B rating.
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Clasis recently published a sustainability management report on its ESG management performance, declaring its commitment to continuously strengthen ESG activities by establishing a carbon neutrality roadmap and ESG management plan through 2050. A company representative stated, “As corporate performance has increased, we have expanded facility investments in factories over the past five years to increase production capacity (CAPA). This year, we are integrating the first and second factories to improve operational efficiency while transitioning to eco-friendly material packaging, thereby protecting the environment and reducing costs to enhance profitability.”
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