Sustainability ratings and recognition

ESG ratings and benchmarks

Sustainability ratings and recognition

Our ESG profile, performance and transparency is continually assessed

See the table below for our latest progress and updates in indices that rate* our sustainability performance:

 

Agency Achievement in 2025 Score Scale 2025 2024 2023
MSCI ESG A Rating In 2025, BAT maintained its rating of A in the MSCI ESG Ratings assessment.1

AAA to CCC
(AAA as a best possible score)

 

A

A

A

Sustainalytics Rated As of August 2025, BAT received an ESG Risk Rating of 21.0 from Sustainalytics and was assessed to be at medium risk of experiencing material financial impacts from ESG factors.2, 3

0-100
(0 as a best possible score)

 

21

30.3

32.8

CDP A-List 2025 In 2025, we achieved A, A and A, respectively, in the CDP Climate Change, Water Security and Forests assessments.

A to F
(A as a best possible score)

 

A/A/A

A/A/A

A-/A-/A-

ISS Corporate ESG Prime

BAT was also awarded a Prime Status in October 2025. Companies are awarded Prime status if the overall ESG Corporate Rating grade meets or exceeds the industry-specific Prime threshold defined by ISS ESG's industry classification matrix. A+ to D-
(A+ is best possible score in addition to Prime rating)
 

C+​/​Prime

C+​/​Prime

C​/​Not Prime

ISS Quality Score 1

As of January 2026, BAT received an ISS Environmental, Social and Governance Quality Score of 1.

1 to 10
(1 as a best possible score)

 

Environ​ment: 1
Social: 1
Governance: 1
 

Environ​ment: 1

Social: 1

Environ​ment: 1

Social: 1

As of October 2025, BAT received a S&P Global Corporate Sustainability Assessment score of 69 and has been included in the DJSI indices for 24 consecutive years.

0 to 100
(100 as a best possible score)

 

69

68

79

 

See below for some examples of the independent recognition received:

FT Climate Leaders 2021 - 2025

FT Climate Leaders

In 2025, BAT was named as a Climate Leader for the fifth successive year by the Financial Times, for reduction in greenhouse gas (GHG) emission intensity, and placed in the top 3% of European companies.

FT Best Employers Europe 2025

FT Diversity Leaders

We have been listed among the Financial Times Diversity Leaders 2025. The Financial Times Diversity Leaders list is an annual ranking that identifies companies across Europe that excel in promoting diversity and inclusion (D&I). The ranking is based on surveys conducted with employees, covering aspects such as gender balance, age, ethnicity, disability, and sexual orientation.

equality standard

Disability Confident Leader

We achieved the Disability Confident Leader (Level 3) status in December 2023, a recognition that remains valid until 2026 and acknowledges our efforts in attracting, developing, and supporting individuals with disabilities and long-term conditions.

Fair Pay

Fair Pay Workplace

We have been successfully certified by Fair Pay Workplace, an independent pay equity and pay transparency organisation, for providing equal pay for similar work or work of equal value.

Global Top Employer logo

Global Top Employer

BAT was named as a Global Top Employer for the ninth consecutive year, recognising our commitment to providing best-in-class working environments and career opportunities. In addition to recognition as a Global Top Employer, BAT has also been named as a Top Employer in five regions and 44 countries across the world.

Notes:

* A rating and award is not a recommendation to buy, sell or hold securities. A rating and award may be subject to withdrawal or revision at any time. Each rating and award should be evaluated separately of any other rating. The methodologies of any rating or award presented here may not be the same as those of other ratings, awards or methodologies that may be used by our stakeholders and may emphasise different aspects of Sustainability practices and performance, and, thus, may not be representative of our Sustainability performance in all respects.

  1. The use by BAT 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 BAT 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.
  2. Copyright ©2026 Morningstar Sustainalytics. All rights reserved. This publication contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://sustainalytics.com/legal-disclaimers
  3. Sustainalytics state with regard to their use of this risk rating, “Note that because ESG risks materialise at an unknown time in the future and depend on a variety of unpredictable conditions, no predictions on financial or share price impacts, or on the time horizon of such impacts, are intended or implied by these risk categories”.