Rexel’s strong commitment to corporate social responsibility recognized by one of the world’s leading ethical investment stock market indices
Rexel Group’s strong performance across a variety of Environmental, Social and Governance (ESG) areas has secured it a place in the FTSE4Good Index Series, for the 6th year running.
Rexel first appeared in the FTSE4Good index series in 2011 and has remained listed ever since thanks to the Group’s continuous work to improve its corporate, social and environmental standards, namely; helping its customers optimize their energy consumption, improving the environmental impact of its operations, engaging with its employees on a daily basis to ensure their well-being, and focusing its community involvement on helping people to win the battle against fuel poverty.
In the latest assessment, Rexel received the highest rating possible for the criteria of climate change, labour standards and corporate governance. The Group also scored highly on health and safety.
Commenting on the good news, Rudy Provoost, Chairman and CEO of Rexel Group, said:
“The benchmark for ESG standards is constantly moving as socially and environmentally conscious investors become increasingly discerning in their investment choices, with growing demand for ever greater transparency. Rexel’s approach to corporate social responsibility is based on a continuous improvement process and we are delighted that the Group’s efforts have been recognized for the 6th year running and we remain a constituent of the FTSE4Good Index.”
Rexel is also listed in the Dow Jones Sustainability Index (DJSI) Europe, Euronext Vigeo Eurozone 120 Index, Ethibel Sustainability Index Excellence Europe, as well as several STOXX indices (Global ESG Leaders series, EURO Sustainability and Europe Sustainability). Rexel discloses its CO2 emissions reduction strategy annually to the Carbon Disclosure Project (CDP), a UK based organisation which works with companies to publicly disclose their greenhouse gas emissions and is supported by 820 institutional investors globally. In 2015, Rexel received a score from the CDP of 94/100 on transparency (+17 points vs. 2014) and was ranked B (ranking A-E) on carbon performance.
More information:
FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Rexel has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series.
Created by the global index provider FTSE Russell, FTSE4Good is an equity index series that is designed to facilitate investment in companies that meet globally recognised corporate responsibility standards. Companies in the FTSE4Good Index Series have met stringent environmental, social and governance criteria, and are positioned to capitalise on the benefits of responsible business practice.
For more information, please visit: http://www.ftse.com/products/indices/FTSE4Good
