FTSE Russell evaluations are based on performance in areas such as corporate governance, health and safety, anti-corruption and climate change, the company said in a media release.
In its most recent evaluation, Cintas rated above the average of its peers in FTSE Russell’s Business Support Services industry subsector for ESG Rating, Environment, Social and Governance, and was substantially higher than the average for the companies included in FTSE Russell’s broader Industrials industry in all four categories. Further, Cintas earned FTSE’s highest score for governance.
Cintas was rated high against the Business Support Services subindustry in Managing Climate Change, Water Security, Health & Safety, Social Supply Chain and Anti-Corruption Issues, the release added.
“With our company’s deep history rooted in sustainable practices, we’re proud to be recognised by FTSE Russell with inclusion on their FTSE4Good Index,” said Mike Hansen, Cintas executive vice president and chief financial officer. “We hope this further demonstrates the tremendous value we create for our shareholders, customers and employee-partners as we focus on conducting our business the right way.”
Cintas’ sustainable business model has underpinned the company’s growth strategy and imparted a holistic ‘Reduce, Reuse, Recycle’ mentality throughout the company’s operations.
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