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Floatel International – ESG risk research and ESG rating
We at sustainAX have ESG risk researched and ESG risk rated Floatel International and our clients can access the reseach on their Bloomberg terminals.
Floatel International is in the materiality based sector of ENERGY.
Our ESG risk research of Floatel International
Our approach to ESG research is fundamental, that means that we have studied all relevant publications by Floatel International and combined this with fundamental understanding of ESG challenges and risks of different activities and for the ENERGY sector. This makes us well placed to estimate the ESG risks of Floatel International. We have published a 33 pages ESG research report on Floatel International with a conclusion highlighting the most important residual risks, a section suggesting how it should be integrated in investment decisions and a list of all the questions we think should be asked to Floatel International.
More about our ESG risk research here: https://www.sustainax.com/index.php/esg-research/
AGGREGATED ESG RISK RATING* for Floatel International:
40-60 of 100
Middle risk
Where 100 is the lowest ESG risk and 0 is the highest risk.
*The ESG, E, S and G risk rating ranges indicate to what degree Floatel International has addressed and mitigated their material ESG risks according to the sustainAX materiality matrix. sustainAX’ clients have access to the exact ESG risk rating.
**The weight in the aggregated ESG rating
Environmental RISK RATING* and WEIGHT** for Floatel International:
40-60 of 100 – Middle risk
50%
Social RISK RATING* and WEIGHT** for Floatel International:
60-80 of 100 – Low risk
29%
Governance RISK RATING* and WEIGHT** for Floatel International:
60-80 of 100 – Low risk
21%
What the company say about themselves:
Floatel International was established in 2006 and we provide offshore Floatels for extreme conditions. The company has its principal place of business and group headquarters in Oslo, Norway. Floatel International AB, a Swedish subsidiary, acts as ship manager and provides onshore operational support and supervision. Our modern fleet is certified and compliant to international standards and regulatory demands. All five vessels are built at Keppel FELS Shipyard in Singapore and are designed to meet client needs for quality and performance. Board and management have over 20 years of experience from the industry, always putting safety, sustainability and performance first.
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