Telenet proud 5th time sustainability leader in the Dow Jones Sustainability Index, category global media sector
Thursday, September 8, 2016 — For the fifth year in a row, Telenet received the honor of being rewarded as global sustainability leader for the media industry by investing specialist RobecoSAM. Telenet also continues its membership of the Dow Jones Sustainability Europe and World Indices, for the sixth consecutive year. The Dow Jones Sustainability Indices (DJSI) exclusively consists of leading companies that are best equipped to recognize and respond to emerging opportunities and risks resulting from global sustainability trends.
- As Industry Group Leader rewarded for economic, environmental and social performance
- Five years in a row best-in-class in the worldwide media sector
- Continued membership in Dow Jones Sustainability Europe and World Indices since 2011
The results of the 2016 Dow Jones Sustainability Indices Review were announced today by S&P Dow Jones Indices and RobecoSAM. Each year, over 3,000 publicly traded companies are invited to participate in RobecoSAM’s Corporate Sustainability Assessment.
The DJSI consist of leading companies across all industries that outperform their peers in the same sector on relevant sustainability metrics. The organisation assesses a company's long-term value creation with questions on financially material economic, environmental, and social practices, tracking issues such as corporate governance, environmental performance, supply chain standards and employee retention.
Areas in which Telenet was named best-in-class, apart from its overall score, are:
- Customer relationship management
- Information security & cybersecurity
- Stakeholder engagement
- Talent management & development
In addition, Telenet received top scores for its performance on:
- Risk & crisis management
- Supply chain management
- Corporate citizenship & philantrophy
- Responsibility of content
“Telenet ensures environmental sustainability through schemes such as its re-forestation programs in which more than 533,000 native trees have been planted since 2011. Through sustained efforts in the area of climate strategy and CO2 reduction, Telenet was able to achieve climate-neutral operations in 2015. The company's development of best-in-class and user-friendly products, its transparent pricing policy and its commitment to society and local communities reflect the company's commitment to sustainability leadership in the sector.”, RobecoSAM's review of Telenet said.
In view of increasing transparency in sustainability reporting, investors and other stakeholders will now have access to the selected results of companies assessed by RobecoSAM through its collaboration with Bloomberg, a leading provider of financial information. More information can be found here.
Alongside its reaffirmed representation in the Dow Jones Sustainability Indices, Telenet continues to be a member of the FTSE4Good Index and Euronext-Vigeo Benelux 20 and Eurozone 120 index.
At Telenet, sustainability is an integral part of the company's long-term strategy and business vision. Progress made on economic, environmental, social and telecom-specific topics are described in depth in the latest Sustainability Report. 2015 was a busy year, as Telenet achieved its target of becoming a climate-neutral company, more than 1,900 hours of community work were invested by Telenet employees, and 150,000 customers benefitted from a full and free check-up of their Telenet products thanks to the ‘Helemaal mee tournee’. Through its program Telenet Kickstart, the company commits to stimulating innovation and entrepreneurship by boosting local start-ups along their lifecycle through funding, expertise-sharing and community-building initiatives via partnerships with local Belgian incubators and accelerators Idealabs, Start it@kbc and iMinds.
John Porter, CEO Telenet: “We are proud that our commitment and investments in responsible business practices and sustainability is being rewarded by Telenet's inclusion to the Dow Jones Sustainability World & Europe Indices for the fifth consecutive year. In the future we want to continue to contribute to the positive social development of people and businesses.”