I need to find the solution. I went to the website and followed the instructions
ID: 1188356 • Letter: I
Question
I need to find the solution. I went to the website and followed the instructions given here at Chegg and is not the same in the website.
The top management team of your not-for-profit organization would like to find out more concerning socially responsible companies in Europe. Remembering the FTSE index company has a responsible investment index that addresses this issue, you decide to use the index%u2019s factsheet for your analysis. Evaluate the risk categories, countries, and industries represented in this index%u2019s leading companies.
Explanation / Answer
Supersector Relative Score: %u201CSupersector Relative Scores are calculated both at the Pillar level and the Overall Rating level. These scores provide comparison of a company to peers within its ICB Supersector that are in the FTSE Developed Index universe%u201D (Ground_Rules_FTSE4Good_ESG_Ratings.pdf).
Top European Companies:
Company Country Overall ESG Rating Supersector Relative
1. Nestle SWIT 4.9 100
2. Diageo UK 4.8 100
3. Aviva UK 4.8 100
4. Norsk Hydro NOR 4.8 100
5. WPP UK 4.8 100
6. Unicredit ITA 4.7 97
7. StMircroelectronics FRA 4.7 100
8. ABB SWIT 4.7 100
9. SKF SWED 4.7 100
10. GlaxoSmithKiline UK 4.7 100
11. Johnson Matthey UK 4.7 100
12. Pirelli & C ITA 4.7 100
Average overall ESG rating by country:
Country Overall ESG Rating
1. Netherlands 3.70
2. UK 3.54
3. Sweden 3.49
4. Finland 3.42
5. Italy 3.40
Nestle has the highest overall ESG rating for the company, suggest to invest in Nestle. Overall ESG rating for the country, Nestle is in 15th place, but with global economy, the 15th place will not hurt the investment.
References:
Ground_Rules_FTSE4Good_ESG_Ratings.pdf
FTSE_ESG_Leaders_-_March_13.pdf