EQS-News: HomeToGo SE
/ Key word(s): ESG
HomeToGo Secures Low Risk ESG Rating from Sustainalytics, Outranking Industry Peers and Affirming Its Commitment To Sustainable Business Practices Luxembourg, 5 December 2023 - HomeToGo SE (Frankfurt Stock Exchange: HTG), the marketplace with the world’s largest selection of vacation rentals, today announced it has received an industry-leading Environmental, Social, and Governance (ESG) Risk Rating of 16. In November 2023, HomeToGo was assessed by one of the most reputable rating agencies, Morningstar Sustainalytics, to be at “Low Risk”[1] of experiencing material financial impacts from ESG factors.[2] With a defined “Low Risk“ Rating score of 16, HomeToGo is ranked in the Top 10 percent worldwide, both in the Software & Services category (Place 96 out of a total of 1,102 companies) and within the subcategory called Internet and Software Services (Place 8 out of a total of 250 companies). This underscores the Company's leading commitment to sustainable business practices. HomeToGo’s rating places the Company well ahead of other online travel companies in terms of ESG practices, with a lower risk in comparison to, for instance, Airbnb, Inc., Expedia Group, Inc., Booking Holdings, Inc., and Trip.com Group Ltd. Key highlights of HomeToGo's ESG practices contributing to this Low Risk Rating include:
Dr. Patrick Andrae, Co-founder & CEO of HomeToGo: "We are very proud to have achieved an industry-leading ESG rating in our very first assessment round. Being recognized with a Low Risk Rating by Sustainalytics reflects our ongoing commitment to fostering a more sustainable travel industry. As a multi-faceted marketplace, we are dedicated to building a platform that can enable and empower both our travelers and partners to make better choices for the environment. This rating accomplishment is also a testament to our team's hard work in integrating sustainable practices into every part of our business. While we are happy to see our efforts to date being recognized, this is only the beginning of our ESG journey. Looking ahead, we are motivated to raise the bar even higher, focusing on making continuous strides on all three ESG pillars in the future.” With this outstanding ESG Rating, HomeToGo has raised the bar for responsible and sustainable business practices in the travel industry. The Company remains steadfast in its commitment to making a positive contribution to its stakeholders while minimizing its environmental footprint. A comprehensive update of HomeToGo’s business strategy, including its sustainable business practices, will be presented at the Company's virtual Capital Markets Day on 12 December. For more information, visit: https://ir.hometogo.de/websites/hometogo/English/9301/capital-markets-day.html
About Morningstar Sustainalytics
About HomeToGo HomeToGo operates a marketplace for vacation rentals that connects millions of travelers searching for a perfect place to stay with thousands of inventory suppliers across the globe, resulting in the world's most comprehensive inventory coverage in the alternative accommodation space. HomeToGo's marketplace is beneficial to both of its customer groups: Consumers who visit HomeToGo's websites gain access to the largest inventory in one place, and supply partners who use the platform's reach and technology solutions are better able to serve a wide range of customers and generate more high-quality demand. While HomeToGo SE's registered office is located in Luxembourg, HomeToGo GmbH is headquartered in Berlin, Germany. HomeToGo operates localized apps and websites in 25 countries. HomeToGo SE is listed on the Frankfurt Stock Exchange under the stock ticker “HTG”. For more information visit: www.hometogo.com/about
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Forward-Looking Statements
[1] Sustainalytics' ESG Risk Rating combines an assessment of exposure to industry-specific material ESG issues and how well companies manage these risks. Companies are divided into five different risk categories, ranging from negligible (0 - 10), low (10 - 20), medium (20 - 30) and high (30 - 40) to severe (40+). [2] In no event this solicited ESG Rating shall be construed as investment advice or expert opinion as defined by the applicable legislation.
05.12.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | HomeToGo SE |
9 rue de Bitbourg | |
L-1273 Luxembourg | |
Luxemburg | |
E-mail: | ir@hometogo.com |
Internet: | ir.hometogo.de |
ISIN: | LU2290523658, LU2290524383 |
WKN: | A2QM3K , A3GPQR |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1788953 |
End of News | EQS News Service |
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1788953 05.12.2023 CET/CEST
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