IPL Remains Constituent of the FTSE4 Good Index
Following the December 2016 FTSE Russell ESG Rating review, we are delighted to announce that IPL has remained a constituent of the FTSE4 Good Index and the Dow Jones Sustainability Index (DJSI).
The FTSE4Good Series is designed to help investors integrate environmental, social and governance (ESG) factors into their investment decisions. The indexes identify companies that better manage ESG risks and are used as a basis for tracker funds, structured products and as a performance benchmark. The ESG Ratings are used by investors who wish to incorporate ESG factors into their investment decision making processes, or as a framework for corporate engagement and stewardship.
IPL’s inclusion in the FTSE4Good Index and Dow Jones Sustainability Index (DJSI) is a critical hurdle for many investors, both domestically and internationally. Our inclusion in these indices also sends an important message to our employees and stakeholders with respect to our leadership’s commitment to the IPL Company Values, particularly ‘Care for the Community & Our Environment’.
The 2016 FTSE4Good result will be published on the IPL website under the 2016 online sustainability report section. It is scheduled for release late March-early April.