Telenet rewarded for the eighth time as sustainability leader in the Dow Jones Sustainability Index, category global media sector
Saturday, November 14, 2020 — Overnight Telenet reconfirmed its sustainability leadership in the Dow Jones Sustainability Index and was rewarded for the eighth time as sustainability leader for the global media industry, with a strong social, economic and environmental performance.
Telenet will continue its membership of the Dow Jones Sustainability Europe and World Indices, for the tenth 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 social, economic and environmental performance
- Continued membership in Dow Jones Sustainability Europe and World Indices since 2011
The results of the 2020 Dow Jones Sustainability Indices (DJSI) Review were announced overnight by S&P Dow Jones Indices. The DJSI consist of leading companies across all industries that outperform their peers in the same sector on relevant sustainability metrics. The organization assesses a company's long-term value creation with questions on financially material social, economic and environmental practices, tracking issues such as corporate governance, environmental performance, supply chain standards and employee retention.
With a company score of 80 points, Telenet reconfirmed its sustainability leadership for the global media sector, with a strong social, environmental and economic performance. Telenet is the only DJSI Sector Leader in Belgium.
Telenet achieves the highest ratings for its social performance (85 points) and shows strong results for its environmental (82 points) and governance & economic (75 points) performance.
Telenet leads its sector on:
- Brand Management
- Environmental Reporting
- Human Capital Development
- Labor Practice Indicators
- Privacy Protection
- Responsibility of Content
- Supply Chain Management
- Talent Attraction & Retention
In addition, Telenet received strong scores for its performance on:
- Code of Business Conduct
- Customer Relationship Management
- Human Rights
- Information Security & Cyber Security
- Risk & Crisis Management
More detailed information can be found in the official Industry Leader Report as published by S&P Global.
In October 2020 did also reconfirm its Gold EcoVadis rating.
Telenet’s commitment to sustainability: Staying ahead
At Telenet, sustainability is an integral part of the company's long-term strategy and business vision. We strive for sustainable growth, with a good balance between operational excellence and social responsibility, taking into account the social, economic and environmental aspects of our business operations. The Telenet Sustainability Report 2019 provides a detailed insight in the progress made on our key focus domains and initiatives.
John Porter, CEO Telenet: “We are proud that our commitment to responsible business practices and sustainable development is being rewarded by Telenet's inclusion to the Dow Jones Sustainability World & Europe Indices. This recognizes the investments we make as a responsible telecommunications and media company in the digital society. We are currently reviewing our sustainability strategy. Not to drastically change course, but to ensure that we maintain our leading position in the future.”