SGS is pleased to have been selected by SIX Swiss Exchange, the stock market regulator, as one of only two sustainability experts to be approved reviewers for its newly launched ‘1.5°C Climate Equity’ flag.
SIX created this flag to help Swiss listed companies to demonstrate their contributions towards limiting global warming to 1.5°C, strengthen their commitments to reduce their emissions and work to adapt to the impacts of climate change.
As a leader in sustainability, SGS will check whether listed companies applying for the voluntary flag meet all its requirements. The clients will need to submit an Emission Plan which will be assessed by SGS sustainability experts, through a forward-looking review leading to a confirmation opinion. If granted, the SGS assessment report will be published on the clients’ website. The flag is valid for one year and must be renewed annually with an updated confirmation.
This partnership with SIX further demonstrates SGS’s expertise in measuring, assessing, reporting and monitoring all aspects of sustainability, including climate, nature preservation, circularity and ESG assurance.
Géraldine Picaud, CEO of SGS, commented:
“We are thrilled to partner with SIX Swiss Exchange to independently review the decarbonization goals of publicly listed companies. As an organization with many sustainability accolades and awards, we take this responsibility seriously and will apply our expertise, objectivity and rigor to this important endeavor. This will not only increase the recognition of our clients’ sustainability efforts but will also enhance their reputation while helping investors make more informed decisions regarding sustainability matters.”
About SIX
SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centers, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries.
About SGS
We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for sustainability, quality and integrity. Our 99,600 employees operate a network of 2,600 offices and laboratories around the world.
OMINVEST Business Center, Bldg 95, 3rd floor,
Madinat Al Erfaan – Muscat Hills, 112,
Muscat, Oman