TIM has been reconfirmed as one of the leading company worldwide for its sustainability performance in the FTSE4Good indexes.
The FTSE4Good index series, created by the global provider FTSE Russell, includes only those companies that met specific sustainability standards through measuring the performance on environmental, social and governance factors, taking into account over 100 indicators.
It is an important reward for TIM's commitment in the integration of sustainability as part of its corporate strategy, in order to create economic and social value. TIM's presence in the FTSE4Good complements the Group's participation in other important global sustainability indexes and evaluation systems, such as the Dow Jones Sustainability Index and Euronext Vigeo Eiris.
Admission to the Sustainability Indexes is reviewed on a semi-annual or annual basis following a rigorous company evaluation process performed by specialized rating agencies that analyse their performance on the basis of many general and sector-based criteria, which consider, among other things, strategies relating to climatic changes, the supply chain and the analysis of the socio-environmental impacts of the business.
The presence of a company in the sustainability indexes is an increasingly interesting factor in the evaluation by investors who, more and more frequently, also take into consideration non-financial parameters in their portfolio choice, deeming sustainable companies less risky over the medium to long-term with respect to companies who do not meet environmental, social and governance requirements.
Rome, 31 July 2017
