Positive culture, inclusive environment key to sustainable earnings, says Jefferies

Analysts at Jefferies say investors will favour companies that offer limited risk in terms of employee safety and health among Australian developers and contractors pursuing ESG metrics

Brokerage says fostering a positive culture and creating a supportive, inclusive environment a key driver of sustainable earnings

Says firms operating in high-risk jurisdictions, like Perenti PRN.AX, are likely to trade at a discount relative to those that are less exposed

Jefferies says a company's contribution to carbon emissions is key concern in an increasingly ESG-focussed world

Brokerage believes engineering services firm Worley WOR.AX best positioned to benefit from NetZero 50 and decarbonisation

Says Downer EDI DOW.AX has maintained a commendable safety record for its employees while Monadelphous MND.AX has made notable progress in talent development pathways, leading to employee retention rate of 95% for key talent