27/07/2026

SPIE's ESG rating upgraded to "AA" by MSCI

Paris, July 27, 2026 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces that its ESG rating awarded by MSCI has been upgraded from "A" to "AA".

MSCI ESG Ratings assess listed companies worldwide, as well as certain private companies, on a scale from "CCC" to "AAA", based on their exposure to industry-specific ESG risks and their ability to manage those risks relative to their peers.

In its assessment, MSCI highlights in particular that the Group benefits from its footprint in countries with low exposure to corruption-related risks (France, Germany, North-Western Europe and Central Europe). MSCI also underlines the strength of SPIE's governance, with a Board of Directors that is independent from management and a separation of the roles of Chief Executive Officer and Chairman, structures which MSCI considers likely to protect investors' interests. The Group is also rolling out structuring human resources initiatives, such as annual employee engagement surveys and leadership training programmes.

"This upgrade confirms the path SPIE has been pursuing for several years in terms of corporate social responsibility. By the very nature of our businesses, at the heart of the energy transition and the digital transformation of local areas, we are convinced that non-financial performance and operational performance go hand in hand. This recognition from MSCI validates in particular the robustness of our governance. We are also pursuing our environmental and social initiatives with the same commitment to continuous improvement," said Isabelle Lambert, Group Sustainability Director at SPIE.

Beyond MSCI, SPIE's ESG performance is regularly recognised by other leading agencies. Sustainalytics ranks the Group in the 4th percentile of its sub-industry and assigns it a low ESG risk rating, one of the best profiles in its peer universe. SPIE has also been awarded an A- score by CDP, as well as an A score for Supplier Engagement.