The Morgan Stanley Capital International (MSCI) ESG Rating measures the company’s resilience to industry-specific, material long-term environmental, social, and governance (ESG) risks. 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. In 2022, Clariant remains rated in the AA category, which is assessed as a leader among 66 companies in the specialty chemicals industry.