Converge ICT Solutions Inc. has achieved an upgraded ‘AA’ ESG (Environmental, Social, and Governance) rating from global investment research firm MSCI, signifying its status as a “Leader” in managing sustainability risks within the tech and telecom sector.

The improved rating, based on 2023 data, reflects the company’s enhanced board-level governance, ethical auditing practices, and the rollout of a stronger data security framework. “Our improved standing shows we are on the right track, especially in labor management, governance, and data security,” said Converge Chief Commercial Officer and Chief Sustainability Officer Benjamin Azada.

Beyond the rated period, Converge continued strengthening ESG initiatives, including a modem refurbishment program that repurposed over 80% of recovered devices—up from 50% the previous year. It also reduced greenhouse gas intensity from 2.3 to 1.4 tCO₂e/petabyte through increased use of renewable energy and improved efficiency.

Employee training hours rose from 33 to 57, signaling Converge’s ongoing investment in workforce development. Meanwhile, its Business Continuity Management System received ISO 22301:2019 certification, with risk protocols expanded to key partners.

Since first being rated in 2021, Converge has steadily climbed the MSCI rankings—from ‘BBB’ to ‘AA’—demonstrating consistent progress in sustainability, ethics, and operational resilience.

MSCI’s ESG ratings, ranging from AAA to CCC, benchmark a company’s ability to manage long-term sustainability risks relative to industry peers.