McPhy Energy: McPhy improves its MSCI ESG rating and earns an “AA” rating

• MSCI rating agency provides McPhy with an "AA” ESG rating
• McPhy ranks among the top 15% of companies in its sector index

Grenoble, September 7, 2023 – 5:45 p.m. CEST - McPhy Energy, specialized in low-carbon hydrogen production and distribution equipment (electrolyzers and refueling stations), announces that its rating on environmental, social and governance (ESG) criteria has been upgraded from A to AA by the extra-financial rating agency MSCI.

MSCI rates companies’ ESG policies and actions on a scale of AAA-CCC, relative to industry peers.

Thanks to its ESG commitment, McPhy has been awarded an AA rating and now ranks within the top 15% of the MSCI ACWI Index, comprised of electrical equipment companies.

In addition to fight against climate change, which is at the heart of McPhy’s mission statement, the Group also places the quality of employment and the well-being of its employees at the center of its development strategy and ensures compliance with best governance practices.

Jean-Baptiste Lucas, Chief Executive Officer of McPhy, comments: "The improvement in our ESG rating is the result of our commitment to the energy transition and demonstrates our progress regarding ESG practice, which is now one of the pillars of our strategy. The reward for our efforts on environmental, social and governance aspects reflects our ambition to be a player at the forefront of these topics in the coming years.”

ABOUT MCPHY

Specialized in hydrogen production and distribution equipment, McPhy is contributing to the global deployment of low-carbon hydrogen as a solution for energy transition. With its complete range of products dedicated to the industrial, mobility and energy sectors, McPhy offers its customers turnkey solutions adapted to their applications in industrial raw material supply, recharging of fuel cell electric vehicles or storage and recovery of electricity surplus based on renewable sources. As designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production centers in Europe (France, Italy, Germany). Its international subsidiaries provide broad commercial coverage for its innovative hydrogen solutions. McPhy is listed on Euronext Paris (compartment B, ISIN code: FR0011742329, MCPHY).

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• 07.09.2023.PR_McPhy_Notation ESG_ENG