Snam’s commitment, and the progress it has made in applying its sustainability management model, have been recognised by the inclusion of its share on the benchmark international sustainability indices. This performance has increased the Company’s visibility in respect of socially responsible investors and, more generally, in the financial market as a whole.
SNAM SHARE PERFORMANCE AND MAIN ETHICAL INDICES
In 2013, the Snam share was again – for the fifth consecutive year – included in the Dow Jones Sustainability World Index, which is the main share index based on corporate performance in maintaining commitments made in the field of economic, social and environmental sustainability.
In the review of March 2013, Snam was independently assessed as meeting the criteria applied by the FTSE4Good, and was again included in the FTSE4Good series of indices in which it has been listed since 2002.
In January 2013, Snam was included in a new range of indices, the Vigeo World 120 and the Vigeo Europe 120, by Vigeo (one of Europe’s leading environmental and social rating agencies). These indices include companies with the best performance according to the 330 indicators used for the selection.
Snam is included in the new United Nations Global Compact 100 global index (“GC 100”), which was developed by the United Nations Global Compact in collaboration with research firm Sustainalytics, and which lists 100 companies that stand out on a global level both for their attention to issues of sustainability and for their financial performance, and which adhere to the ten fundamental principles of the United Nations in the areas of human rights, labour, the environment and anti-corruption.
Since December 2013, Snam has been on the CDP Italy 100 Climate Disclosure Leadership Index (CDLI) which is directly issued by the CDP, one of the biggest non-profit organisations in the world working in climate change, with which Snam has been collaborating since 2007. Moreover, Snam has been one of the companies providing voluntary financial support for the CDP’s activities since June 2013.
At the end of December 2013, Snam’s shares were included on six of the main ECPI sustainability indices, as well as other sustainability equity indices.