{"id":770476,"date":"2023-07-18T07:22:31","date_gmt":"2023-07-18T11:22:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/msci-upgrades-energy-recoverys-esg-rating-to-aaa\/"},"modified":"2023-07-18T07:22:31","modified_gmt":"2023-07-18T11:22:31","slug":"msci-upgrades-energy-recoverys-esg-rating-to-aaa","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/msci-upgrades-energy-recoverys-esg-rating-to-aaa\/","title":{"rendered":"MSCI Upgrades Energy Recovery\u2019s ESG Rating to AAA"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>MSCI Upgrades Energy Recovery\u2019s ESG Rating to AAA<\/b><\/p>\n<p>SAN LEANDRO, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEnergy Recovery, Inc. (NASDAQ: ERII) announced today that MSCI upgraded the company from an AA rating to its highest rating of AAA in its latest environmental, social, and governance (ESG) assessment completed on July 4, 2023.<\/p>\n<p>\nMSCI\u2019s evaluation recognizes Energy Recovery as one of the highest performing companies within the Industrial Machinery industry in MSCI\u2019s All Company World Index, reflecting robust corporate governance and labor management practices and significant opportunities in clean technology.<\/p>\n<p>\nMSCI uses a rules-based methodology to measure companies\u2019 management of financially relevant ESG risks and opportunities based on key sector-specific issues. Companies are evaluated based on their exposure to ESG risks and how risk is managed relative to peers. Ratings range from AAA (leader) to CCC (laggard).<\/p>\n<p>\nThe recognition comes just three years after initially being rated BBB by MSCI, showcasing the company\u2019s consistent and rapid improvements across core metrics.<\/p>\n<p>\n\u201cSustainability and resilience have always been central to our business, from the technologies we develop for customers, to the various ways we manage our day-to-day operations,\u201d said Robert Mao, Chairman of the Board, President, and Chief Executive Officer of Energy Recovery. \u201cThis independent recognition of our work is welcome, and we are excited about what the future holds for us as we continue to expand our pressure exchanger technology into new industries.\u201d<\/p>\n<p>\nMSCI ESG Research provides in-depth research, ratings, and analysis of thousands of companies to provide insights to institutional investors. Learn more about MSCI <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.msci.com%2F&amp;esheet=53461628&amp;newsitemid=20230718684893&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=4f0558ce98610078acf5d1243005b356\">here<\/a>.<\/p>\n<p>\nDISCLAIMER: The use by Energy Recovery of any MSCI ESG Research LLC, or its affiliates (\u201cMSCI\u201d) data, and the use of MSCI logos, trademarks, service marks, or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Energy Recovery and its affiliates by MSCI. MSCI services and data are property of MSCI, or its information providers, and are provided \u2018as-is\u2019 and without warranty. MSCI names and logos are trademarks or service marks of MSCI.<\/p>\n<p><b>About Energy Recovery<\/b><\/p>\n<p>\nEnergy Recovery (NASDAQ: ERII) creates technologies that solve complex challenges for commercial and industrial fluid-flow markets worldwide. Building on our pressure exchanger technology platform, we design and manufacture solutions that make industrial processes more efficient and sustainable. What began as a game-changing invention for desalination has grown into a global business accelerating the environmental sustainability of customers\u2019 operations in multiple industries. Headquartered in the San Francisco Bay Area, Energy Recovery has manufacturing and research and development facilities across California and Texas with sales and on-site technical support available globally. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.energyrecovery.com&amp;esheet=53461628&amp;newsitemid=20230718684893&amp;lan=en-US&amp;anchor=www.energyrecovery.com&amp;index=2&amp;md5=7536a18c2cfb6aa37b9558db30af987b\">www.energyrecovery.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230718684893r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230718684893\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230718684893\/en\/<\/a><\/span><\/p>\n<p><b>Press Inquiries<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:pr@energyrecovery.com\">pr@energyrecovery.com<br \/>\n<\/a><br \/>+1 (510) 219-8462<\/p>\n<p><b>Investor Inquiries<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:ir@energyrecovery.com\">ir@energyrecovery.com<br \/>\n<\/a><br \/>+1 (281) 962-8105<\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Environmental, Social and Governance (ESG) Environment Technology Sustainability Green Technology Software<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230718684893\/en\/1741098\/3\/ER_Logo_Primary_Horiz_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>MSCI Upgrades Energy Recovery\u2019s ESG Rating to AAA SAN LEANDRO, Calif.&#8211;(BUSINESS WIRE)&#8211; Energy Recovery, Inc. (NASDAQ: ERII) announced today that MSCI upgraded the company from an AA rating to its highest rating of AAA in its latest environmental, social, and governance (ESG) assessment completed on July 4, 2023. MSCI\u2019s evaluation recognizes Energy Recovery as one of the highest performing companies within the Industrial Machinery industry in MSCI\u2019s All Company World Index, reflecting robust corporate governance and labor management practices and significant opportunities in clean technology. MSCI uses a rules-based methodology to measure companies\u2019 management of financially relevant ESG risks and opportunities based on key sector-specific issues. Companies are evaluated based on their exposure to ESG risks and how risk is &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/msci-upgrades-energy-recoverys-esg-rating-to-aaa\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MSCI Upgrades Energy Recovery\u2019s ESG Rating to AAA&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-770476","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MSCI Upgrades Energy Recovery\u2019s ESG Rating to AAA - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/msci-upgrades-energy-recoverys-esg-rating-to-aaa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MSCI Upgrades Energy Recovery\u2019s ESG Rating to AAA - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MSCI Upgrades Energy Recovery\u2019s ESG Rating to AAA SAN LEANDRO, Calif.&#8211;(BUSINESS WIRE)&#8211; Energy Recovery, Inc. (NASDAQ: ERII) announced today that MSCI upgraded the company from an AA rating to its highest rating of AAA in its latest environmental, social, and governance (ESG) assessment completed on July 4, 2023. MSCI\u2019s evaluation recognizes Energy Recovery as one of the highest performing companies within the Industrial Machinery industry in MSCI\u2019s All Company World Index, reflecting robust corporate governance and labor management practices and significant opportunities in clean technology. MSCI uses a rules-based methodology to measure companies\u2019 management of financially relevant ESG risks and opportunities based on key sector-specific issues. 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