In 2011 Vigeo conducted an inaugural social responsibility rating of the 40 largest publicly traded companies in Morocco. The rating encompassed 38 criteria and more than 250 indicators.
Eight Top CSR Performers were presented awards at a ceremony organized by Vigeo and Radio Aswat on January 30, 2012 in Casablanca.
According to Fouad Benseddik, Vigeo’s Director of Methodology, “The regulatory framework and ability of stakeholders to intervene is much less constraining here than in the North American or European regions. Consequently, the overall scores are limited. However, certain companies stand out with convincing levels of commitment, thanks to which they receive levels of assurance from Vigeo that are worthy of responsible investors’ interest.”
For more information, including a list of the companies rated, please read the press release issued by Vigeo on January 24, 2012.