Aug 18, 2016 10:42 AM CET
Tele2 maintains its position in the FTSE4Good index series after the 2016 semi-annual review and has been recognized in the top 30% of performers by EcoVadis for responsible global supply chain environmental and social practices.
It has been almost 2 years since Tele2 made its debut on the FTSE4Good Index Series, a leading globally recognized sustainability index series. In reflection of the high standards that Tele2 places on its Environmental, Social and Governance (ESG) practices, Tele2 has maintained its status on the FTSE4Good Index after the Semi-Annual review in June 2016.
Tele2 has been awarded the silver recognition level in Liberty Global’s suppliers’ CSR evaluation program, placing Tele2 in the top 30% of performers evaluated by EcoVadis. EcoVadis is a collaborative platform that enables companies to monitor environmental and social practices in global supply chains across 150 sectors and 101 countries.
Congratulations Tele2! Let’s keep up our responsible challenger mentality!
About the FTSE4Good Index Series
In October 2014, Tele2 became a constituent of the FTSE4Good Index Series. The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The model used when reviewing companies includes 300 Indicators, 14 Themes, and 3 Pillars. Companies receives points in everything from labour standards and Human rights to anti-corruption and climate change. The criteria are based only on publicly available data, which, according to FTSE4Good, improves the credibility of data and enhances transparency across the market.
Each company in the research universe is given a FTSE ESG Rating ranging from 0 to 5, with 5 being the highest rating. Only companies with a FTSE ESG Rating of 3.2 and above can be added to the Index.