Agree Realty's ESG Rating Upgraded from B to BBB By MSCI
ROYAL OAK, Mich., Oct. 18, 2023 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that MSCI, one of the world's largest providers of indices for tracking companies according to environmental, social and governance ("ESG") criteria, upgraded ADC's MSCI ESG Rating from B to BBB.
- ROYAL OAK, Mich., Oct. 18, 2023 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that MSCI, one of the world's largest providers of indices for tracking companies according to environmental, social and governance ("ESG") criteria, upgraded ADC's MSCI ESG Rating from B to BBB.
- The upgrade of ADC's ESG Rating is driven by improvements in the Company's governance and business ethics practices and disclosures.
- "I'm very pleased that MSCI has upgraded our ESG Rating," said Peter Coughenour, Chief Financial Officer.
- I would like to thank the ESG Steering Committee and our team for their continued efforts to advance our ESG initiatives.