PensionBee, a global leader in the consumer retirement market, has achieved its highest-ever environmental, social, and governance (ESG) rating from EthiFinance, scoring 86/100 in their latest assessment report.
The EthiFinance ESG Ratings, which evaluate companies on a scale from 0 to 100, provide a comprehensive assessment of performance across four key pillars: Environment, Social, Governance, and External Stakeholders.
This latest report has seen PensionBee increase its scores in three of the four groups, receiving full marks in the environment category.
PensionBee’s EthiFinance ESG Ratings Report scores
| Rating | 2021 | 2022 | 2023 |
|---|---|---|---|
| Governance | 78 | 78 | 88 |
| Social | 26 | 70 | 75 |
| Environment | 89 | 76 | 100 |
| External Stakeholders | 85 | 85 | 85 |
| Rating | 65 | 76 | 86 |
EthiFinance’s rigorous rating framework is based on approximately 140 criteria, updated annually to reflect evolving ESG risks and sectoral challenges. The 2024 score was determined through a meticulous five-step evaluation process, which included the collection and verification of public ESG data from the past three years, dialogue with PensionBee to clarify data, and a thorough review to ensure consistency.
Clare Reilly, Chief Engagement Officer at PensionBee, commented: “We are delighted to see our continuous efforts in advancing sustainability and responsible business practices recognised in this year’s EthiFinance report.
Achieving an ESG score of 86 not only reflects our determination to improve year-on-year, but also underlines our dedication to creating long-term value for our customers and the planet. We remain committed to driving positive impact and transparency across every aspect of our business.”
