GVC Holdings has announced its admission to the FTSE4Good Index Series following the FTSE4Good’s annual review in December 2018.
Launched in 2001, the FTSE4Good Index Series measures the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. Transparent management and clearly-defined ESG criteria make FTSE4Good indexes suitable tools to be used by a wide variety of market participants when creating or assessing sustainable investment products.
GVC was admitted to the index following independent assessment of its practices and public documents against a series of criteria including:
Governance (including: risk management, corporate governance, anti-corruption);
Social practices (including: human rights, labour standards and health & safety);
Environmental commitments (including: energy usage, waste management).
Kenneth Alexander, chief executive officer, GVC:
“We are proud to join FTSE4Good and be recognised as a leader in corporate social responsibility, which is at the core everything we do as a business. Acting responsibly and maintaining strong governance is not a luxury but fundamental to our long-term success and a key driver of shareholder value.”