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Sustainability

09/13/2018 - 04:15 PM

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1. What does it mean SRI?
2. Which is Telecom Italia strategy for the environment?
3. What is the sustainability model of Telecom Italia?

 

1. What does it mean SRI?

The Socially Responsible Investing (SRI) is a strategy of financial investments which takes into account both the investors' desire for profit and the social impacts of investments on the surrounding Community. Telecom Italia Investor Relations Dept and organize specific roadshow for this kind of investors.


2. Which is Telecom Italia strategy for the environment?

The environmental strategy of the companies of the Group is founded on the following principles:

  • optimising the use of energy sources and natural resources;
  • minimising negative environmental impact and maximising positive impact;
  • pursuing the improvement of the environmental performance;
  • adopting procurement policies that take account of environmental issues;
  • disseminating a culture promoting the correct approach to environmental issues. 


3. What is the sustainability model of Telecom Italia? 

The introducing process of sustainability in TIM Group started in 1997 with the publication of the first “Socio-environmental Report” and continues with the Ethics Codes and other similar documents. The performance of Sustainability is measured by specific indicators (Key Performance Indicators), grouped in macro-areas, in accordance with the 8 Stakeholders: Customers, Suppliers, Competitors, Institutions, Environment, Community, Human Resources and Shareholders. In demonstration of the importance that TIM attributes to the Sustainability, the information (in brief) concerning activities that regard the stakeholders, since 2003, formed part of the Report on Operations, integrating its financial and non-financial data.


The Group produces and publishes a yearly report fully dedicated to Sustainability which, since 2009, adopts the principles of the AA1000 AccountAbility Principles Standard (inclusivity, materiality, responsiveness).


In 2002 TIM subscribed the principles of the Global Compact, the most important world organization launched by the ONU in 2000 to promote environment defence and respect for human rights and working standards. The System of Sustainability Management also takes into account the principal references, agreements, regulations and international standards.

Moreover further to the revision held in June 2018, TIM has been confirmed as a component of the FTSE4Good index series in which it has been included since its start.

TIM is also included in the following indexes: Dow Jones Sustainability Index: World and Europe;  Euronext Vigeo Eiris: World 120 - Europe 120 - Eurozone 120,  STOXX® Global ESG Leaders Indexes: ESG Leaders - ESG Environmental Leaders - ESG Governance Leaders - ESG Social Leaders;  Ethibel Sustainability Indexes (ESI): - Excellence Europe e Global;   ECPI Indexes: - ECPI Euro Ethical Equity - ECPI EMU Ethical Equity - ECPI Global Developed ESG Best in Class Equity - ECPI World ESG Equity.

TIM, finally, is classified as “prime” in the OEKOM rating and “industry leader” by the Sustainalytics report.

In 2018 TIM has been included in the 2018 edition of The Sustainability Yearbook di RobecoSAM gaining the Silver Class Sustainability Award having obtained a very high grade in the Annual Corporate Sustainability Assessment (CSA).

You can find all the information about Telecom Italia Sustainability performances, reports and presence in the indexes under the section Sustainability of the website.