This methodology for assigning ESG-ratings was developed by the Institute of Environmental Conservation and Ecosystem Development Technologies.
The assignment of ESG-ratings is carried out in accordance with this methodology based on the analysis of the issuance of the Google search engine (at
www.google.com) by counting the number of results for a specific date using the query formula: "region name" (in the national language according to the spelling presented in the rating )+"ESG" (in English).
To determine the "A", "B", "C" level of the city - the query formula: "name of the city" (in the national language according to the spelling presented in the rating) + "ESG" (in English) with subsequent ranking of the number of results obtained depending from the total number of results obtained by all cities participating in the rating within the country, where 80% with the largest contribution to the overall result is assigned the rating "A", 15% - "B", 5% with the minimum individual contribution to the overall result - "C";
to determine the "A", "B", "C" level of the country - "name of the country" (in the national language according to the spelling presented in the rating) + "ESG" (in English) with subsequent ranking of the number of results obtained depending on the total number the results of all countries participating in the rating, where 80% with the largest contribution to the overall result is assigned the rating "A", 15% - "B", 5% with the minimum individual contribution to the overall result - "C".
The Global Index is formed by combining a country's ranking and a city's ranking.
The assigned ESG-rating is valid for one year and is subject to mandatory revision at least once every 12 months and can be changed at any time.