A further important sustainability achievement for the grid company managed by CEO Luigi Ferraris and Chairman Catia Batioli
Terna, the Italian company that manages the National transmission grid, keeps growing its commitment to sustainability: the Group led by Luigi Ferraris is world leader in the Electric Utilities Sector according to the 2018 Dow Jones Sustainability Index, also receiving its highest ever score (91/100, against an average sector score of 46/100).
The important achievement, which from this year on is based on a new methodology of calculation, represents the tenth consecutive confirmation for the Group managed by Luigi Ferraris, with an improvement of 4 points on the previous year score.
In this particular case, Terna comes in first place for the following economic criteria: Materiality, Risk and crisis management, Policy influence; for the environmental criteria: Environmental reporting, Operational eco-efficiency, Transmission and distribution, and in the social criteria: Social reporting, Human capital development, Corporate citizenship and philanthropy.
At the same time, the Swiss sustainability rating agent, RobecoSAM, confirmed Terna’s inclusion in the World and Europe indices.
Great satisfaction has been expressed by the CEO of the Group, Luigi Ferraris, who stated that “for Terna, sustainability represents a strategic lever that guides our business towards a more sustainable energy paradigm that is capable of continually adding value for companies and society as a whole.“
Ferraris also added: “Terna’s place on the Dow Jones Sustainability Index is the recognition for our efforts to introduce an inclusive model to our business, paying attention to the requests of the local communities and our stakeholders.”
Inclusion in the Dow Jones Sustainability Index represents an important sign of the ability to create value for the stakeholders in the medium-long term, because it comes from a valuation based on a detailed analysis of corporate risk management systems and opportunities regarding the environmental and social impacts.
For further details on this subject please also visit:
https://m.marketscreener.com/TERNA-135034/news/Terna-world-leader-in-electric-utilities-sector-Dow-Jones-Sustainability-Index-2018-27256647/
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