TAP Air Portugal scores better than 92% of peers in Sustainability Risk Assessment
Source: TAP The Portuguese airline received an ESG Risk Rating of 24.4 by Morningstar Sustainalytics. TAP Air Portugal received an ESG Risk Rating of 24.4 and was assessed by Morningstar Sustainalytics to be at medium risk of experiencing material financial impacts from ESG factors. In this assessment, TAP Air Portugal scored better than 92% of the airlines in this index on a global scale, coming in 2nd place out of the 14 European airlines evaluated, and in 6th place out of a total of 71 global airlines evaluated. The ESG Risk Rating is the result of a combination of the company’s ESG Risk Exposure and ESG Risk Management ratings. TAP Air Portugal overall risk exposure is medium and is similar [...]