RCS - Avation PLC - ESG RATINGS UPDATE

AvationAnnouncement

06/02/2023 07:30

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RNS Number : 0041P  Avation PLC  06 February 2023

 Via RNS Reach and SGXNET

AVATION PLC

("Avation" or "the Company")

ESG RATINGS UPDATE

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company
advises MSCI ESG Research has completed an update for the Company. The last
updated report for MSCI's ESG rating is dated 24 January 2023 and states
Avation's rating is unchanged at "BB". The MSCI update also states "We note
the company's strong focus on contributing to the aviation industry's carbon
neutrality goal through the inclusion of young and low emission aircraft in
its leasing fleet".

 

Avation's MSCI ESG rating history is:

Jun-19             B

Apr-20             B

May-21            BB

May-22            BB

Jan-23             BB

 

S&P Global issued a Ratings Direct report dated 24 August 2022. This
S&P report included ESG credit indications of:

E-2,     S-4,     G-2

 

Where the extent of the influence on the rating of these factors is reflected
on an alphanumerical 1-5 scale where 1 = positive, 2 = neutral, 3 = moderately
negative, 4 = negative and 5 = very negative.

 

The latest ESG report of Avation can be found on the company's website at:
https://www.avation.net/ESG.html (https://www.avation.net/ESG.html)

-ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive
Chairman
+65 6252 2077

Avation welcomes shareholder questions and comments and advises the email
address for questions is: investor@avation.net (mailto:investor@avation.net)
and the Company provides an investor Q & A during the conference call
associated with release of results. The head office telephone number is +65
62522077.

Notes to Editors: Avation PLC is an aircraft leasing company, headquartered in
Singapore, owning and managing a fleet of commercial passenger aircraft which
it leases to airlines around the world. More information on Avation is
available at www.avation.net (http://www.avation.net) .

 

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