Back to media

CBA assigned AA rating in MSCI's ESG rating



Company’s rating upgraded in one of the world's foremost investment ratings Companhia Brasileira de Alumínio (CBAV3) has just been assigned the AA rating in MSCI's (Morgan Stanley Capital International) ESG rating, one of the world's leading firms engaged in the development of stock indexes, portfolios and investment funds. This result is another internationally recognized endorsement of the company’s commitment to the sustainable agenda and ESG best practices.  CBA had an A rating in 2022.   "We have been consistently advancing in our ESG 2030 strategy. We continue to work on reducing carbon emissions, even though we already boast one of the lowest rates in the world for our sector.  We have also expanded our involvement in recycling and remain focused on maintaining the best governance practices.  The latest MSCI rating reflects the solid teamwork under #OurCBA," comments Leandro Faria, CBA's General Sustainability Manager.   MSCI ESG's methodology uses criteria that assess a company's exposure to financially material ESG risks in the long term and how well they manage them. There are three categories that rank organizations on this list: leader (AAA, AA), average (A, BBB, BB), or laggard, which means being "behind" peers (B, CCC).   About CBA Founded in 1955, Companhia Brasileira de Alumínio - CBA is a vertically integrated producer, from cradle to gate, including recycling. Able to generate 100% of energy consumed from renewable sources, CBA provides sustainable solutions for the packaging, transportation, automotive, civil construction, energy and consumer goods sectors, as well as leading the recycling of industrial aluminum scrap.   Following its flotation in 2021 (CBAV3), it became the first Company in its segment to be traded on B3 and entered the portfolio of B3ISE - Corporate Sustainability Index in the first year it was eligible to do so. With net revenue of R$ 8.4 billion in 2021 and R$ 1.5 billion in adjusted EBITDA in the period, CBA is committed to guaranteeing a supply of low-carbon aluminum in partnership with stakeholders, developing communities in its geographies and conserving biodiversity. Would you like to know more? Go to   Press Office - CBA - Agência Fato Relevante[email protected] Giulia Castro - [email protected] | (11) 9.7575-0225 Nayana Arruda - [email protected] | (21) 9.9932-9732 Cleide Rodriguez - [email protected] | (11) 9.9935-0102 Lucíola Correa – [email protected] | (62) 9.8135-1670 Fernando Rubino - [email protected] | (11) 9.8268-2838

Maybe you are interested

Confira nossas redes

        © 2024