Kuoni has been awarded an overall rating by Oekom Research of C+ and is now classified in the "Prime" category.
Oekom Research, one of the world’s leading rating agencies in the field of sustainable investments, has awarded the Kuoni Group the rating C+. This puts Kuoni in the “Prime” category, which means it now qualifies as an investment from an ecological and social point of view. In addition, Kuoni is now a member of the United Nations Global Compact Initiative.
Kuoni has been awarded an overall rating by Oekom Research of C+ and is now classified in the “Prime” category. This means that the market-traded shares of Kuoni Travel Holding Ltd qualify as an investment from an ecological and social point of view.
Only three of the 39 analysed companies in the leisure sector belong to the “Prime” category. Kuoni has performed particularly well in the areas of “Corporate Governance and Business Ethics”, “Staff and Suppliers” and “Society and Product Responsibility” , where the company is among the best.
“Sustainability along the entire value chain is a key pillar of Kuoni’s corporate strategy. The Oekom rating confirms that the Kuoni Group, through its commitment to human rights and with the implementation of its Code of Conduct for suppliers among others, is on the right track and is also becoming increasingly attractive for investors focused on sustainability,” says Peter Meier, CEO of the Kuoni Group.
To further underline this commitment Kuoni this year joined the UN’s Global Compact Initiative. In so doing, the company undertakes to integrate the Initiative’s goals in its corporate strategy and daily business and to promote them further through suitable partnerships.
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