Snam in Sustainability Indexes
Having and maintaining a presence in sustainability indexes is of fundamental importance for businesses given that increasing numbers of investors orient their decisions toward sustainable businesses, which therefore have a lower risk profile and positive long-term performance.
Once again, in 2017, Snam’s stock was listed in the major international SRI stock indices. This result helps improve the company’s visibility vis-à-vis socially responsible investors, as well as the entire financial market.
The overall share of Snam’s institutional investors as at 31.12.2017 that include Corporate Social Responsibility criteria in their investment decisions stood at 9.5% of all institutional investors.
SNAM’S PRESENCE IN SUSTAINABILITY INDICES
For the ninth year in a row, Snam’s stock is listed in the Dow Jones Sustainability World Index, the world’s most important stock market index assessing corporate social responsibility.
Snam is once again present in the FTSE4Good, where it has been listed since 2002, an index created by the FTSE Group to encourage investment in companies that meet globally recognised social responsibility standards and is an important point of reference to establish benchmarks and ethical portfolios.
Snam listing is confirmed in the Ethibel Sustainability Index (ESI) Excellence Europe and in the Ethibel Sustainability Index (ESI) Excellence Global. Also reconfirmed in the Ethibel PIONEER and in the Ethibel EXCELLENCE Investment Registers: the Forum Ethibel decision indicates that the company can be characterised as an industry leader in terms of CSR.
Snam’s listing has been confirmed for the third year running in the two sustainability indexes MSCI ACWI SRI Index and MSCI ACWI ESG Leaders, by MSCI, an international leader providing IT tools to support the investment decisions of global investors. The MSCI Global Sustainability indices includes companies having high sustainability ratings in their affiliated sectors.
The Snam stock, for the eighth year in the row, is included in the STOXX Global ESG Leaders Indices a group of indexes based on a transparent process of selection of performances in terms of sustainability, 1800 companies listed worldwide.
Snam is included in five of the main ECPI sustainability indexes. Snam’s inclusion in the family of ECPI indices dates back to 2008. The ECPI methodology consists in screening based on testing more than 100 ESG (Environmental, Social and Governance) indicators.
ESG AWARDS
For the fourth year in a row, RobecoSAM awarded Snam the Silver Class in the “Sustainability Yearbook”, a grouping of excellence which, in the industrial sector of reference, identifies those companies that most distinguished themselves in terms of activities and commitments in the area of Corporate Social Responsibility.
Included, for the fifth year running, among the top scoring companies of the CDP, as one of the leading international non-profit organizations dealing with climate change, from whom it also recorded in the “A List” (highest score, awarded to only 112 companies in the world).
Snam was included among the Industry carbon leaders, thanks to its position at the top of the SICS (Sustainability Industry Classification System) in the Oil & Gas sector (Midstream), by ET index research, an independent research institute that monitors the greenhouse gas emissions of the most important companies in the world, also in terms of disclosure.
Snam was also listed, in 2017, for the fourth year running, in the United Nations Global Compact 100 index (GC 100), developed by the United Nations Global Compact with the research firm Sustainalytics, which includes the 100 companies that have distinguished themselves at the global level both for attention to sustainability issues and to financial performance, and that adhere to the ten fundamental principles of the United Nations on the human rights, labour, environment and anti-corruption issues.
Snam is confirmed as included in the (Europe, Eurozone, World) NYSE Euronext Vigeo 120 indices, managed by Vigeo, a leading company on a European level in rating companies with regard to CSR issues.
In 2017, Snam was confirmed at “PRIME” level (with rating B-) by Oekom research, a leading international agency rating for socially responsible investments, which operates on behalf of institutional investors and financial services companies.
