ESG ratings

We also take what we learn from them to improve our transparency. And improve our ESG scores as we move forward.

Rated A by MSCI

MSCI is an ESG research company. Their research is designed to help investors identify ESG risks and opportunities within their portfolio. They research and rate companies from CCC to AAA. The rating is based on a company’s exposure to industry-specific ESG risks, and on how well they manage these risks compared to their peers.

We’re currently rated A, as part of the construction and engineering industry. Previously, we were rated as an oil & gas services company but we have diversified into the offshore wind, infrastructure and water markets.

Sustainalytics score of 17.9

With Sustainalytics, a Morningstar company, we currently have an ESG Risk Rating of 17.9 ('low risk') on a scale of 40 (lowest score) to 0 (best score). Within the Sustainalytics Construction & Engineering sector, Fugro is ranked #5 out of 356 companies (2nd percentile).

Read about our rating.

Moody's score of 54

Moody's ESG ratings measure the extent to which companies can secure and enhance value creation over the mid and long term through the integration of sustainability criteria into their strategy, risk management and operations. It is based on 38 criteria related to business behaviour, human rights, environment, community involvement, corporate governance and human resources.

Since July 2023, we score 54 on a scale of 0 (minimum) to 100 (maximum), compared to an average of 46 for the oil equipment and services sector. For more information on Moody's ESG ratings, see https://www.moodys.com/web/en/us/capabilities/esg.html

Rated B by CDP

For our 2023 disclosure over the reporting year of 2022, CDP gave us a B rating. See how.

We’ve been participating in the CDP Climate Change disclosure since the reporting year of 2018. This involves submitting environmental performance data related to climate change. What is CDP? They’re a non-profit organisation running the global disclosure system for investors, companies, cities, states, and regions.

Very good score on Dutch Transparancy Benchmark

Every two years, the Dutch Ministry of Economic Affairs and Climate Policy rates Dutch companies on the transparency of their ESG strategy and policies. In 2023, we scored 75 out of 100 points, ranking 24th out of 250 companies.