International Game Technology Maintains Top MSCI ESG Rating
In a significant reaffirmation of its sustainability efforts, International Game Technology PLC (IGT) announced that it has maintained the highest MSCI ESG rating of AAA for the second consecutive year. This prestigious recognition underscores IGT's leadership in managing environmental, social, and governance (ESG) risks and opportunities, playing a critical role in its operations as a global player in the gaming industry.
Understanding the MSCI ESG Rating
The MSCI ESG ratings serve as an industry benchmark that evaluates how well companies can tackle long-term financial risks linked to ESG factors. The rating operates on a scale ranging from AAA to CCC, where IGT's AAA score places it in the upper echelon, indicating a robust framework for addressing these vital issues.
According to an IGT spokesperson, the company excelled notably in several key categories, including governance practices, product safety and quality, effective management of carbon emissions, and labor practices. These elements illustrate the company's commitment not just to profitability, but to ethical and sustainable business practices that resonate with consumers and investors alike.
Acknowledgment and Advancement
Wendy Montgomery, IGT's Senior Vice President of Marketing, Communications, and Sustainability, expressed pride in achieving this significant milestone. She emphasized that, "IGT's continued recognition as an MSCI AAA-rated company validates our ongoing sustainability efforts and reaffirms our status as an industry leader in this space. This recognition not only reflects the success of our Sustainable Play initiatives but also motivates us to continually protect our people, advance responsibility, support our communities, and foster sustainable operations."
The MSCI ESG ratings are pivotal for institutional investors who seek to understand the risks and opportunities that may not be evident through traditional investment assessments. These ratings influence the development of the MSCI ESG Indexes, guiding investors who aim to align their portfolios with socially responsible companies.
Global Commitment to Sustainable Practices
IGT is recognized not only in the United States but also internationally, operating in over 100 jurisdictions around the world. The company's commitment to high-standard service and integrity is complemented by its dedication to innovative technology and insights derived from vast player experience. With approximately 11,000 employees, IGT is poised to lead the way in providing entertaining and responsible gaming experiences through its diverse offerings that include lotteries, gaming machines, sports betting, and digital solutions.
The reaffirmed AAA rating comes as part of IGT's broader strategy to integrate sustainability deeply into its business ethos. The company aims to build trust among customers, investors, and communities, ensuring that its operations contribute positively to society and the environment.
As IGT continues to prioritize its ESG initiatives, the industry watches as this global leader shapes the future of gaming through a responsible lens, setting a benchmark for others to follow. For additional details on IGT’s extensive sustainability program, visit
IGT.com or follow the company on LinkedIn.
Conclusion
Achieving the MSCI AAA ESG rating marks a key milestone for IGT, reflecting the company's unwavering commitment to sustainable business practices. As the landscape of corporate responsibility evolves, IGT stands as a testament to how dedication to ethical governance can coexist with profitability, paving the way for a more responsible industry future.