External Evaluations

Danone’s commitments and achievements regarding its sustainability priorities are externally assessed.

The Environmental, Social and Governance (ESG) ratings, which assess us on our overall sustainability strategy (MSCI, Vigeo-Eiris, Sustainalytics, etc....), are primarily intended for a financial audience. Other thematic rankings, which assess us on specific topics such as nutrition and health issues (ATNI), climate change (CDP), and gender equality (Bloomberg Gender Equality Index), are intended for a broader scope of stakeholders.

Today there are several ratings and rankings in which we take part, but we cannot actively participate in all of them. We have therefore prioritized our participation according to the following criteria:

  • Relevance in regard to our strategic priorities and commitments.
  • Robustness of approach and methodology as well as expertise on topics dealt with.
  • Efficient allocation of our resources, as our participation should not prevent us from focusing our efforts on our priorities and performance.
  • Rating process which provides insights enabling us to improve our performance and strategic focus.
  • Assessment of our main competitors and industry peers, allowing our stakeholders to compare and benchmark.

Sustainalytics

As of May 2024, Danone was recognized as one of the top performers within the Industry of Food Products - in the Low-Risk profile category.


Sustainalytics’s ESG Risk Ratings measures a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.

FTSE4Good

Danone remains a constituent of the FTSE4Good Index Series following the July 2024 index review.

CDP disclosure insight action

CDP supplier engagement leader

Bloomberg Gender-Equality Index

MSCI ESG Ratings

Danone maintains a stable rating of AAA (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment from January 2024.


MSCI ESG Ratings aim to measure a company’s management of financially relevant ESG risks and opportunities. MSCI uses a rules-based methodology to identify industry leaders and laggards according to their exposure to ESG risks and how well they manage those risks relative to peers. The ESG Ratings range from leader (AAA, AA), to average (A, BBB, BB) and laggard (B, CCC),*.

ISS ESG

In 2024, Danone was awarded “Prime” Status by the ISS ESG Corporate Rating, which evaluates companies’ ESG performance using a comprehensive and mainly industry specific approach. Danone obtained a B- rating, positioning itself among industry leaders.

Access to Nutrition initiative (ATNi)

Danone was ranked 1st in the  Global Access to Nutrition Index 2024.  This is an independent index that assesses how the top 30 largest Food & Beverage manufacturers are contributing to addressing malnutrition in all its forms. Danone’s portfolio has also been recognized  as one of the healthiest portfolios in the sector, with the highest sales-weighted mean HSR of 3.8 out of 5. 

Equileap

Equileap Gender Equality Report & Ranking is an independent, specialized data provider with a broad scope of gender metrics and analyses 4,000 public companies around the world.


In 2023, Danone was listed among the top 100 companies for gender equality globally and ranked 6th in France.

Word Benchmarking Alliance

With a total score of 60/100 in September 2023, Danone ranks third (#3/350) in the Food and Agriculture Benchmark, a reflection of its strong performance across all measurement areas. Danone leads in the environment measurement area, recognition of our role in all topics and  leadership in relation to food loss and waste, plastic use and soil health, and agrobiodiversity.

*THE USE BY DANONE OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES (“MSCI”) DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF DANONE BY MSCI.  MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS AND ARE PROVIDED ‘AS-IS’ AND WITHOUT WARRANTY.  MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI.