Milan, 28 January 2021 – Italgas stock has been confirmed for the fifth consecutive year in the FTSE4Good Index Series, which groups together the best companies worldwide standing out for their focus on sustainable economic development.
Specifically, FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirmed that “Italgas has been independently assessed according to the FTSE4Good criteria and has met the requirements as a constituent of the FTSE4Good Index Series”.
The current review has resulted in an assessment of Italgas' sustainable performance that continues to improve, reaching a score of 4.2 out of a maximum of 5 points (previously it was 4.0).
This result testifies to Italgas' focus on sustainable development based on the company's leadership in interacting with the social context of reference, aimed at creating opportunities based on the shared value principle.
The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. Transparent management and clearly-defined ESG criteria make FTSE4Good indexes suitable tools to be used by a wide variety of market participants when creating or assessing sustainable investment products.