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Governance QualityScore | E&S Disclosure QualityScore | Corporate Rating

 

We regularly receive requests from companies wishing to publicly disclose their sustainability scores and/or ratings. Companies may display their overall scores or ratings, provided that any disclosure complies with the terms of use set out below.

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Badge Use Eligibility Criteria

Corporate issuers may request badges to highlight their performance on their website or on social media if they hold a rating of “1” in our Governance QualityScore or E&S Disclosure QualityScore or are classified as “Prime” under our Corporate Rating methodology.

  • Governance

    • Board Structure
    • Compensation/Remuneration
    • Shareholder Rights
    • Audit and Risk Oversight
  • Environmental

    • Management of Environmental Risks and Opportunities
    • Carbon and Climate
    • Natural Resources
    • Waste and Pollution
  • Social

    • Human Rights
    • Labor, Health, and Safety
    • Stakeholder and Society
    • Product Safety and Quality

Terms of Use

Companies are only permitted to disclose their overall absolute or decile scores and/or ratings. This encompasses all top-level and thematic scores and/or ratings produced by ISS STOXX, including ISS STOXX Sustainability. Companies are also permitted to request and display the relevant ISS STOXX logo, along with their overall scores and/or ratings. When using the ISS STOXX name and/or logo, you may not do so in a manner that (i) might imply an endorsement by ISS STOXX or that can be reasonably interpreted to suggest that any of your content has been authorized by or represents the views or opinions of ISS STOXX and/or (ii) that would disparage ISS STOXX or its products or services. ISS STOXX and/or its affiliated entities continue to own all intellectual property rights in and to its name, logos and other marks. Permitted users of the name, logos or marks acquire no rights therein. The usage rights can be revoked at the discretion of ISS STOXX and/or its affiliated entities. No other information, such as ranking within a given industry or sector, can be disclosed publicly, save for under an executed Licensing Agreement as noted below.

Since many of the scores or ratings are relative in nature and subject to change, all disclosures must include a reference to the date the score or rating was calculated.

Redistribution of full ISS STOXX Sustainability ratings reports or excerpting portions of the report beyond the high-level scores as permitted above is strictly prohibited. If a company would like to obtain an ISS STOXX Sustainability Ratings license, please contact ISS-Corporate to subscribe. Subscribing companies may communicate to investors, other market participants and key stakeholders such as business partners, bankers, clients, and vendors, the scores and ratings on the company within ISS STOXX Sustainability’s Ratings and key takeaways from ISS STOXX Sustainability’s Ratings reports. In addition, subscribers may also distribute a summary of the ISS STOXX Sustainability Ratings’ reports as prepared and provided by ISS-Corporate. Potential uses might include the development of management incentives tied to improvement in such scores or ratings and communication of progress and targets to investors along with the issuance of sustainability-linked loans where borrowing costs are tied to such scores or ratings and communication of ratings updates to lenders.

The ISS STOXX QualityScore (QS) badge is available for use by any covered company that receives and holds a QualityScore rating of one (1). The Corporate Rating badge is available for use by any covered company that is currently classified “Prime” according to the ISS STOXX Sustainability Corporate Rating methodology.

If a company’s QualityScore changes in any category (Governance Quality Score or E&S QualityScore), or the company loses its “Prime” status for the Corporate Rating, the company shall cease using the badge within 30 days of the scoring change (and remove all references to the badge within that time frame). The company may not make any alterations to the badge as provided through ISS STOXX on this webpage.

If a company disclosing its scores/ratings or using the badge would like to provide general information about the QualityScore or Corporate Rating, then the company shall link to the following webpage: www.iss-stoxx.com/research-advisory/sustainability-ratings/

ISS-Corporate is a wholly owned subsidiary of ISS STOXX. ISS-Corporate provides advisory services, analytical tools and publications to enable corporations to improve shareholder value and reduce risk through the adoption of improved corporate governance practices. We note for clarity and confirmation that it is ISS STOXX Sustainability, not ISS-Corporate, which produces the QualityScore and the Corporate Rating. Moreover, it is ISS STOXX Sustainability that determines the QualityScore and Corporate Rating coverage universe and that determination is made without reference to, or knowledge of, the ISS-Corporate client base. Consistent with ISS-Corporate’s standard contractual conditions, any company that happens to be an ISS-Corporate client may not disclose their status as an ISS-Corporate client, whether in connection with using the QualityScore and Corporate Rating badge or otherwise.

For further clarity, it is noted that a company need not be an ISS-Corporate client to disclose its scores and/or ratings or use the QualityScore and Corporate Rating badge so long as the other guidelines above are followed.
Neither ISS STOXX nor ISS-Corporate shall have any liability in connection with a company’s disclosure of its scores and/or ratings as permitted herein.

Access comprehensive details of the methodologies behind our Ratings and Rankings.

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