Telecom Italia: industry leader in the telecommunications sector in the Dow Jones sustainability indexes

09/08/2016 - 05:24 PM

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For the thirteenth consecutive year Telecom Italia has been confirmed in the Dow Jones World and Europe Sustainability Indexes and is the only Italian company to be named a leader in its industrial sector

For the thirteenth consecutive year Telecom Italia has been confirmed in the Dow Jones World (DJSI World) and Europe (DJSI Europe) Sustainability Indexes and is recognized as an ‘industry leader’ in the telecommunications sector with a score of 90/100: it is the only Italian company to obtain this recognition in its industrial sector.

The annual review for admission to the Dow Jones Sustainability Indexes takes place after a rigorous assessment process of the company by specialized rating agencies that, based on over 100 questions, analyse its financial and other performances on the basis of general and industry criteria, which consider, among other aspects, relations with customers and the group’s employees, innovation and research, risk management, strategies related to climate change, the supply chain and analysis of the socio-environmental impacts of the business.

It is an important reward for Telecom Italia's commitment in the integration of sustainability as part of its corporate strategy, in order to create economic and social value (Corporate Shared Value). Telecom Italia's presence in the Dow Jones Sustainability Indexes complements the Group's participation in other important global sustainability indexes and evaluation systems, such as the FTSE4Good index series and Euronext Vigeo Eiris.

The presence of a company in the sustainability indexes is an increasingly interesting factor in the evaluation by investors who, more and more frequently, also take into consideration non-financial parameters in their portfolio choice, deeming sustainable companies less risky over the medium to long-term with respect to companies who do not meet environmental, social and governance requirements.

 

Rome, 09 September 2016