Coty (COTY) reported early Wednesday improvements in its environmental, social, and governance ratings from MSCI (MSCI) and Sustainalytics.
The company said its MSCI ESG Rating has been upgraded to A from BB, reflecting "enhanced" performance across packaging material and waste, raw material sourcing, and chemical safety.
It also improved its Sustainalytics ESG Risk Rating, moving from 23.9 (medium risk) to 18.1 (low risk), following improvements in land use and biodiversity, water use, and product governance, among other things.
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