July 20th, 2021 – Yesterday, Miranda ESG (Environmental, Social, and Governance) launched a new service for corporate sponsored ESG research coverage. Along with this, the initiation report on Grupo Rotoplas, S.A.B. de C.V. (BMV: AGUA*) (“Rotoplas” or “The Company”), the leading provider of water solutions in the Americas, was published.
This report analyzes Rotoplas’s sustainability practices, policies, and indicators in the most relevant topics within each ESG pillar, also highlighting how these practices compare to the industry average.
3 report highlights:
- Analyzing Rotoplas’s ESG strategy and communication maturity, MESG believes the company is amongst the most mature companies in the Mexican market.
- Rotoplas has ESG opportunities both in its business (through the development and further growth of eco-friendly water-related products, as clean water scarcity becomes an increasingly pressing global issue) and in its already established sustainability practice.
- MESG sees 3 key ESG risks for Rotoplas: (1) the potential increase in raw material costs as the world transitions to cleaner energy, (2) climate risks to some of its physical assets, and (3) customers’ perception of how eco-friendly some of its products are. Rotoplas seems aware of these risks and is actively managing them.
Additionally, Miranda Global Research (MGR) published their initiation of financial coverage of AGUA*. Both reports are part of the independent analyst coverage.
Links to the reports:
• ESG report here
• Financial report here
Miranda Newswire – Full Press Release: Download PDF
ESG Contact Details
Marimar Torreblanca, CFA, CEO
marimar.torreblanca@miranda-newswire.com