STOCKHOLM, Oct. 9, 2024 /PRNewswire/ -- Institutional Shareholder Services (ISS), has on the 24th of September awarded Truecaller's ESG rating a two-letter upgrade from D+ to C+, thereby granting Truecaller "Prime" status which is given to companies with an ESG performance well above the sector average. Truecaller received a Decile Rank of 1 which places Truecaller among the top performers in the software and diversified IT services sector in ISS ESG-ratings.

"I am happy that our ESG-strategy and our structured sustainability work have been recognized by an external party. We have made many improvements during the last years both when it comes to new initiatives and increased transparency" comments  Odd Bolin, CFO of Truecaller.

Learn more about Truecaller's ESG-work and commitments at https://corporate.truecaller.com/sustainability/sustainability-at-truecaller

For more information, please contact:

Andreas Frid, Head of IR & Communication
+46 705 29 08 00
[email protected]

About Truecaller:

Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 420 million active users, with more than a billion downloads since launch and around 50 billion unwanted calls identified and blocked in 2023. Headquartered in Stockholm. since 2009. we are a co-founder led. entrepreneurial company. with a highly experienced management team. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information. please visit corporate.truecaller.com

About ISS ESG:  

ISS ESG (Institutional Shareholder Services Inc.), is an ESG rating institute which helps investors develop and integrate sustainable growth policies and practices, engage in responsible investment, and monitor the practices of portfolio companies through screening solutions. The assessment of a company's environmental, economic and social performance as part of the Annual Corporate Rating is based on approximately 100 industry-specific indicators on a broad range of ESG as well as sector-specific factors. Read more: https://www.issgovernance.com/esg/ratings/

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/truecaller-ab/r/truecaller-receives-a-two-letter-upgrade-in-iss-esg-rating-and-has-been-granted--prime--status,c4048922

The following files are available for download:

View original content:https://www.prnewswire.com/news-releases/truecaller-receives-a-two-letter-upgrade-in-iss-esg-rating-and-has-been-granted-prime-status-302271330.html

SOURCE Truecaller AB