CSG rated “Low Risk” in the software and services industry
CSG® (NASDAQ: CSGS) today announced that Morningstar Sustainalytics, a leading Environmental, Social and Governance “ESG” Corporate rating agency, scored CSG in the top ten percent of companies in the software and service industry and in the top fifteen percent for all publicly traded companies, noting the company’s low exposure to risk of material financial impacts driven by ESG factors and strong management.
Among the top-weighted categories, CSG received the highest score for its diversity programs, underscoring the company’s commitment to grow and develop a diverse workforce and support employee belonging through mentorship and affinity groups. CSG also was recognized for its commitment to aligning strategies and operations with the United Nations Global Compact's universal principles.
“We are proud to be named in the top ten percent of software and services companies by one of the leading ESG corporate rating agencies,” said Cindy Parsons, Executive Director of Sustainability & ESG. “CSG is a purpose-driven SaaS company with a strong commitment to advance progress towards a more sustainable and inclusive world and believe it is our corporate responsibility to uphold our promise.”
Earlier this year, CSG was recognized with the “Prime” Institutional Shareholder Services (“ISS”) ESG Corporate rating, marking the second consecutive year that CSG has received this distinction. The company also has maintained its AA ESG Rating with MSCI, a leading ESG rating for the global investment community.
Sustainalytics’ ESG Risk Ratings score a company’s exposure to industry-specific material ESG risks and how well a company manages those risks.
Learn more about CSG’s impact and purpose-led initiatives here: CSG Global Impact Report.
CSG empowers companies to build unforgettable experiences, making it easier for people and businesses to connect with, use and pay for the services they value most. Our customer experience, billing and payments solutions help companies of any size make money and make a difference. With our SaaS solutions, company leaders can take control of their future and tap into guidance along the way from our fiercely committed and forward-thinking CSGers around the world.
Want to be future-ready and a change-maker like the global brands that trust CSG? Visit csgi.com to learn more.
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