on INDUS Holding AG (ETR:INH)
INDUS Holding AG's ESG Rating Upgraded by ISS
INDUS Holding AG has received an upgrade in its ISS ESG Corporate Rating to ‘B-’. This development positions INDUS among the top 10 percent in the Multi-Sector Holdings category. The company’s transparency is rated as ‘very high’.
Dr. Jörn Großmann from the INDUS Board of Management highlighted that the upgrade reflects the long-term sustainability efforts of the company. INDUS had maintained a stable ‘C+’ rating in the past and now, for the first time, has reached ‘B-’.
This rating upgrade positively affects INDUS' financial terms. For its ESG-linked promissory note loans from 2020-2023 with up to ten-year maturities, INDUS benefits from a five basis points reduction in interest rates.
R. H.
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