S&P upgrades Fluidra’s ESG rating from 66 to 72
September 16, 2024- The agency highlighted the company’s human capital management, its climate strategy and product management
- Fluidra’s upgraded rating reflects its commitment to sustainability, which exceeded its goal of obtaining 69 points in 2024
Fluidra, the global leader in equipment and connected solutions in the pool and wellness sector, earned a score of 72 in S&P’s ESG assessment, an improvement of six points in comparison with the previous score of 66 in 2023. The company exceeded its goal of obtaining a rating of 69 this year by three points and is well on the way to attaining its objective of being awarded a score of 80 in 2030.
In terms of environmental matters, S&P rated the company's climate strategy at 80, representing an increase of 16 points compared to the last rating.
In relation social, S&P awarded a top score to Fluidra for its labor practices on discrimination and harassment, in addition to diversity, equity and inclusion in the company’s workforce. Likewise, it highlighted its policies on health and safety in the workplace.
With respect to governance, In governance, S&P recognized Fluidra's corporate governance with a six-point increase from the last rating, resulting in a final score of 67 out of 100.
Fluidra’s sound strategy on ESG matters
These ratings reflect Fluidra’s commitment to ESG standards. To attain them, the company rolled out measures in line with its Responsibility Blueprint for the 2020–2026 period.
Fluidra featured in the Sustainability Yearbook 2024
For the second year running, Fluidra has been featured in the Sustainability Yearbook 2024 released by S&P, which spotlights all companies that fall in the top 15% of ratings awarded in their sector, as well as having a score that does not drop by more than 30% below the highest rating in their sector.
Furthermore, this year Fluidra also saw an improved score in the CDP ranking, in which it was upgraded from a rating of B in 2022 to A- in 2023, which places the company above the average in Europe and in its sector.