Specialist ESG services

Industry and Sector
Classification

Assess whether the agency’s industry, sector and business-exposure assignment accurately reflects your company.

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Does the assessment reflect your business?

Fruuit reviews a company’s assigned industry, sector and business exposure against its operations, revenue and exposure mix. The work focuses on the accuracy of the business profile used in the assessment.

Where the assignment is inaccurate, we prepare and manage an evidence-based case for reclassification.

What we examine.

The company and the assigned category need to be considered together. We review the business activities behind your reporting, how revenue is distributed and the exposures represented in the assessment.

Operations

The business activities and operations that define the company’s actual profile.

Revenue

The revenue mix and how it relates to the category assigned by the agency.

Exposure mix

The business exposures represented in the assessment and how they reflect the company.

We compare that profile with the assigned industry, sector or business exposure and the relevant agency methodology. The purpose is to establish whether the evidence supports the existing assignment before seeking a change.

From assessment to a supported case.

Where the evidence indicates a mismatch, Fruuit prepares the case for the agency. We organize the explanation of the company’s activities, revenue and exposure mix, identify the assignment in question and set out the basis for reconsideration.

We manage the agreed agency communications and follow-up so your team can understand the response and any further information required. The scope is set around the specific classification and agency involved.

What your team receives

  • An assessment of the assignment against the company’s business profile
  • The supporting explanation for a reclassification case, where warranted
  • Agency case management and an account of the response and remaining questions

The agency determines its classifications. A review establishes whether there is an evidence-based case for a change; it does not guarantee reclassification.

Your next step

Discuss your classification