TERNA: INCLUDED IN EURONEXT VIGEO EIRIS INDICES FOR SIXTH CONSECUTIVE YEAR

The ambitious results achieved in the Environment, Social and Governance sectors
  • 26/05/2017
Terna: included in Euronext Vigeo Eiris Indices for sixth consecutive year

The importance of a sustainable strategy

The Vigeo-Eiris ratings agency, a world leader in the evaluation of Corporate Social Responsibility (CSR) management, has confirmed Terna’s place in the Euronext indices for the June-November 2017 period, for the sixth consecutive year. The Euronext indices, which Terna has appeared in right from the start, were first published in 2012 and consider listed companies in the North American, Asian and European markets. 

 

The company that manages the National Electricity Grid, led by Luigi Ferraris, has confirmed its presence in the Euronext Vigeo 120 World index which includes the 120 best companies in North-America, Europe and Asia for ESG (Environmental, Social and Governance) performance; and in the Euronext Vigeo 120 Europe and Euronext Vigeo Eurozone indices which include the 120 best European and Eurozone companies, respectively. 

 

A triple recognition that is yet further confirmation of the solidity and quality of Terna's sustainability and its ability to incorporate social responsibility objectives into its business strategy. 

 

The selection methods used by the Vigeo Eiris agency involve analysis and evaluation of over 330 indicators relative to 38 assessment criteria, divided into 6 subject areas: Environment, Corporate Governance, Human Rights, Human Resources, Business Conduct and Involvement in the community. 

 

In addition to inclusion in the Euronext indices (World, Europe and Eurozone), Terna is also present in the following international sustainability indices: Dow Jones Sustainability (World), FTSE4Good (Global and Europe), STOXX® ESG (Global, Environmental, Social and Governance), STOXX® Low Carbon, ECPI, ESI (Ethibel Sustainability Index, MSCI, United Nations Global Compact (“GC100”); and in the Italian indices FTSE ECPI Italia SRI Benchmark and Italia SRI Leaders, drawn up only from listed Italian companies. 

 

Decisions regarding responsibility and sustainability are increasingly important in the overall evaluation of a company. The ethical rating, an evolution of the practice of Corporate Social Responsibility, measures the quality of Governance or, more generally, the social and environmental sustainability of a company. Or rather its quality in matters other than the strictly financial. There are numerous Sustainability Ratings agencies that analyse and evaluate these requirements and provide investors with risk indicators linked to performance in areas such as the environment, community relations, HR management, ethics and business conduct, stakeholder engagement, human rights, supply chain control and much more, meaning that investment is only made if the company demonstrates solid, coherent and reliable conduct in its specific sector.