GVC Holdings, has announced that it’s retained its position in the FTSE4Good Index Series following the index’s annual review.
The readmission comes in the same week as the Group has also received verification from the Carbon Trust of its global carbon emission data.
Launched in 2001, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. GVC was retained in the index following a rigorous independent assessment of its practices and public documents against a series of criteria, including:
- Governance: risk management, corporate governance, anti-corruption
- Social practices: human rights, labour standards and health & safety
- Environmental commitments: energy usage, waste management
Separately, the Group has received independent verification of its carbon emissions data from the Carbon Trust (“the Trust”), the body dedicated to helping organisations deliver a more sustainable future through carbon reduction and resource efficiency strategies. The Trust verified GVC’s emissions 2019 data, which showed a 10% reduction on the prior year.
The Trust’s verification is significant in that it is tracked by a number of leading ESG ratings agencies, which help investors evaluate investment decisions based on ESG criteria. GVC is now working with the Carbon Trust to achieve its Carbon Management Standard, in order to demonstrate further progress against the Group’s ongoing objective of reducing its environmental impact.
Shay Segev, GVC CEO commented:
“These are two significant measures of our commitment to operating GVC to the highest standards of environmental, social and governance practices. We are delighted with the progress that we have made in these areas and are committed to driving further improvements throughout our business.”
