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Sustainability

08/02/2017 - 06:30 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 Telecom Italia 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 Telecom Italia Group 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 the Group subscribed principles of the Global Compact, the most important world organization to promote environment defence and respect for human rights and working standards. The System of Sustainability Management also takes into account the principal reference, agreement, regulations and international standard.


At December 31, 2016 TIM was included for the thirteenth year running in both the sustainability index categories of the Dow Jones (Dow Jones Sustainability Index World and Europe) and is industry leader in its sector, the only Italian company to receive this recognition.


TIM has been included in the Financial Times Stock Exchange for Good (FTSE4Good)* Global and Europe series since its inception.

TIM is also included in the following indexes: Euronext Vigeo Eiris: Europe 120 and Eurozone 120, STOXX® Global ESG Leaders Indexes: - ESG Leaders - ESG Environmental Leaders - ESG Governance Leaders - ESG Social Leaders, Ethibel Sustainability Indexes (ESI): - Excellence Europe and Global, ECPI Indexes: - ECPI Euro Ethical Equity - ECPI EMU Ethical Equity - ECPI Euro ESG 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, and ‘qualified’ in rfu rating.

* On July 2017, TIM has been reconfirmed as one of the leading company worldwide for its sustainability performance in the FTSE4Good indexes.

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