Energa qualifies for the Respect Index one year after the IPO
Energa was classified among socially responsible stock market companie and its shares were included in the reputable Respect Index of the Warsaw Stock Exchange The new composition of the index will come into effect on 22 December this year.
Respect Index is the first index of socially responsible companies in the Central and Eastern Europe. Its new composition was announced during the conference summarizing the 8th edition and the 5 year anniversary of the project conducted by the Warsaw Stock Exchange. Energa was among the companies that joined the index.
- As we fulfill our economic objectives, we remember that this is not without impact on our surroundings and therefore actions towards sustainable development have become part of our strategy. The ENERGA Group, in addition to business activities, also creates social relations and strives to gain trust of its stakeholders. We consider this admission to the index of socially responsible companies to be a challenge to continue to raise our standards. The fact that it happened just one year after our stock market debut is a confirmation of our commitment to this idea– says Mirosław Bieliński, the President of Energa SA.
For many years now, Energa has been involved in the initiatives of corporate social responsibility. Since 2008 it has been developing them under the "Energa for You" catchphrase. Today, they include five main pillars through which the Group acts tothe benefit of local communities, develops environmentally friendly attitudes, popularizes physical activity and fair play, supports arts and culture and promotes knowledge associated with electricity.
Recently, the report entitled "Our Responsibility 2013", which is the third publication summarizing the activity of the Energa Group in the area of corporate social responsibility, was rewarded by a jury of journalists in the eight edition of the "Social Reports" contest. The journalists recognized the structure and presentation of information in the paper describing how the Group combines its business development with the interests of its surroundings.
Respect Index is the first index of socially responsible companies in the Central and Eastern Europe. The project is carried out by the Warsaw Stock Exchange in cooperation with external partners. Its aim is to identify companies managed responsibly and sustainably, but it also strongly emphasizes the appeal of such companies as an investment target. characterized, among others, by the quality of reporting, level of investor relations or information governance. By including the liquidity parameter as one of the qualification criteria, as do other stock market indices, the Respect Index positions itself as a true reference for professional advisors.