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Indexes and ratings

07/09/2013 - 01:58 PM

Sustainability indexes are stock indexes in which securities are selected not only on the basis of economic-financial parameters but also in the light of social and environmental criteria. The selection process is carried out by specialised agencies that assess companies on the basis of publicly available information or questionnaires, taking account of opinions expressed by the media and stakeholders. Inclusion in these indexes is of strategic importance to companies, both for the positive repercussions on their reputation and for the fact that, in addition to the pension funds and ethical funds, an ever increasing number of investors favour sustainable companies, considering them to be less risky and more promising in the medium to long term.
 

Taking part in the process of evaluation is, moreover, a timely moment for reflection within the company on the results achieved. The suggestions of the rating agencies at the end of the process are taken into consideration when planning improvement actions in the future.
 

Consult Telecom Italia shares

Dow Jones Sustainability Index

Telecom Italia has been confirmed in both the categories of the Dow Jones Sustainability Indexes:

  • the Dow Jones Sustainability World Index (DJSI World), which includes 341 companies;
  • the Dow Jones Sustainability Europe index (DJSI Europe), consisting of 172 companies at European level, and the respective Eurozone index, including 97 companies in the Euro area.

On the basis of the assessments carried out for admission to the DJSI, Telecom Italia has been included in the Gold Class for the fixed communications sector of the “Sustainability Yearbook 2011” published by the SAM  (Sustainable Asset Management) Group, the rating agency that manages the DJSI and PricewaterhouseCoopers.

SAM Corporate Sustainability Assessment 2012 - Telecom Italia performance
SAM Corporate Sustainability Assessment 2011 - Telecom Italia performance
SAM Corporate Sustainability Assessment 2010 - Telecom Italia performance

FTSE4Good

Telecom Italia has been included in alla the important indexes of the Financial Times Stock Exchange for Good (FTSE4Good):

  • FTSE4Good Global (719 companies);
  • FTSE4Good Europe (284 companies);
  • FTSE4Good Environmental Leaders Europe, which includes 40 from the FTSE4Good Europe on the basis of the results achieved on matters of environmental protection.

FTSE4Good: read more on Wikipedia
FTSE4Good ESG Rating Scores 2011 - Telecom Italia performance
FTSE4Good ESG Rating Scores 2010 - Telecom Italia performance

 

Advanced Sustainable Performance Index

Advanced Sustainable Performance Index (ASPI) Eurozone made up of 120 companies:

Ethibel Sustainability Indexes (ESI):

•   Excellence Europe, consisting of 199 components
•   Excellence Euro, consisting of 114 components
•   Excellence Global, consisting of 121 components

Vigeo Assessment 2010 - Telecom Italia S.p.A. performance

MSCI ESG Indexes

MSCI ESG Indexes:

  • MSCI WORLD ESG INDEX, consisting of 795 components;
  • MSCI WORLD ex USA ESG INDEX, consisting of 482 components;
  • MSCI EAFE ESG INDEX, consisting of 433 components;
  • MSCI EUROPE ESG INDEX, consisting of 227 components.
ECPI Indexes

ECPI Indexes:

  • ECPI Ethical Index Global, consisting of 300 components;
  • ECPI Ethical Index Euro, consisting of 150 components;
  • ECPI Ethical Index EMU, consisting of 150 components.
AXIA Indexes

AXIA Indexes:

  • ASI (Axia Sustainable Index), consisting of 40 components.
AXIA Indexes

In 2014 Telecom Italia has been included in the CDP Climate Disclosure Leadership Index for the first time.

CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information.

In 2014 CDP invited the 100 largest stock-listed companies in Italy to respond to the CDP climate change questionnaire on behalf of 767 institutional investors, representing US$ 92 trillion in assets.

The disclosure score obtained by Telecom Italia, that is 93/100, testifies the completeness and quality of the company’s response: a high disclosure score signals that a company provided comprehensive information about the measurement and management of its carbon footprint, its climate change strategy and risk management processes and outcomes.

 

 

 

Tim Participações, the listed holding company of the TIM Brasil Group, has had its position confirmed in the ISE (Índice de Sustentabilidade Empresarial) index, managed by BM&F Bovespa (the São Paolo stock exchange) together with the Brazilian Environment Ministry and other financial sustainability organisations. The index consists of 38 companies that have obtained the highest scores in terms of sustainability, selected on the basis of a questionnaire submitted to the 182 most traded companies in the BM&F Bovespa.