HELLENIC TELECOMMUNICATIONS ORGANIZATION S.A. OTE is included in the FTSE4Good Emerging Index for the 15th consecutive year, due to its strong performance on environmental, social and corporate governance (ESG) practices. The evaluation by FTSE Russell ranked OTE among the top 572 companies in 22 countries. OTE improved its score for the second consecutive year, mainly due to a strong performance in environmental practices. In this way it secured a place among the top 3% of telecommunications companies and above-average scores per ESG pillar.
FTSE Russell shares the results of its evaluations - for companies that scored high enough with international investors. On this occasion Ms Deppie Tzimea, Executive Director Corporate Communications and Sustainability said: "OTE's presence on the FTSE4Good index for fifteen consecutive year proves that sustainable development is deeply rooted in our business strategy, and this can be recognised by the international investment community. By implementing ESG criteria in our actions and operations, and with technology on our side, we are constantly improving our environmental and social footprint and laying the foundations for economic development and progress".
To improve its positive footprint, OTE Group focuses on four strategic sustainable development priorities: climate neutrality, circular economy throughout the value chain, inclusion and equal opportunities at work, and digital society for all. In this framework, the group has achieved significant progress, adopting ambitious commitments policies and actions as described in its 2022 Integrated Sustainable Development Report.
OTE, except of the FTSE4Good Index series, responds to analysts' assessments and participates in several sustainable development indexes, including: "Prime" Corporate ESG Performance in ISS-ESG, MSCI ESG Research, in the CDP on Climate Change issues, the 2023 Bloomberg LP Gender-Equality Index (GEI) and the ATHEX ESG index.
About the FTSE4Good Indexes
The FTSE4Good Index Series was designed by FTSE Russell (partnership between FTSE International Limited and the Frank Russell Company) and measures the performance of companies in the implementation of important practices related to Environment, Social and Corporate Governance (ESG) issues. The indexes include companies demonstrating sound practices in these areas. FTSE Russell is a global leader in benchmarks, providing innovative comparative assessment, analytics and data solutions to international investors. FTSE Russell takes into account thousands of indexes which quantify and compare markets and asset categories in over 70 countries, covering 98% of the global investment market. FTSE Russell is wholly owned by London Stock Exchange Group
FTSE Russell shares the results of its evaluations - for companies that scored high enough with international investors. On this occasion Ms Deppie Tzimea, Executive Director Corporate Communications and Sustainability said: "OTE's presence on the FTSE4Good index for fifteen consecutive year proves that sustainable development is deeply rooted in our business strategy, and this can be recognised by the international investment community. By implementing ESG criteria in our actions and operations, and with technology on our side, we are constantly improving our environmental and social footprint and laying the foundations for economic development and progress".
To improve its positive footprint, OTE Group focuses on four strategic sustainable development priorities: climate neutrality, circular economy throughout the value chain, inclusion and equal opportunities at work, and digital society for all. In this framework, the group has achieved significant progress, adopting ambitious commitments policies and actions as described in its 2022 Integrated Sustainable Development Report.
OTE, except of the FTSE4Good Index series, responds to analysts' assessments and participates in several sustainable development indexes, including: "Prime" Corporate ESG Performance in ISS-ESG, MSCI ESG Research, in the CDP on Climate Change issues, the 2023 Bloomberg LP Gender-Equality Index (GEI) and the ATHEX ESG index.
About the FTSE4Good Indexes
The FTSE4Good Index Series was designed by FTSE Russell (partnership between FTSE International Limited and the Frank Russell Company) and measures the performance of companies in the implementation of important practices related to Environment, Social and Corporate Governance (ESG) issues. The indexes include companies demonstrating sound practices in these areas. FTSE Russell is a global leader in benchmarks, providing innovative comparative assessment, analytics and data solutions to international investors. FTSE Russell takes into account thousands of indexes which quantify and compare markets and asset categories in over 70 countries, covering 98% of the global investment market. FTSE Russell is wholly owned by London Stock Exchange Group
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OTE - Hellenic Telecommunications Organization SA published this content on 14 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2023 14:04:03 UTC.
