INWIT confirmed in the FTSE4Good Index
Rome, 22 June 2023 – INWIT, Italy’s foremost tower operator, is confirmed in the FTSE4Good Index Series for the second year running. The index managed by FTSE Russell ranks global companies in terms of their environmental, social and governance (ESG) practices.
The FTSE4Good indexes are used by a wide range of market operators when creating and assessing responsible investment funds and other products.
FTSE4Good has again rewarded INWIT’s commitment to integrate ESG practices into its business strategy, as confirmed by the Sustainability Plan approved by the Board. FTSE4Good has highlighted INWIT’s practices and transparency in various areas, including Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. In particular, the climate strategy defined by INWIT has led to approval of its emissions reduction targets by the Science Based Target Initiative (SBTi), and, this year, also publication of the first TCFD report.
“Confirmation by FTSE4Good highlights the soundness our ESG approach, with an intrinsically sustainable business; it is fundamental in creating value for the company and the communities it operates in – stressed Michelangelo Suigo, Head of External Relations, Communications and Sustainability of INWIT– Our ‘Tower as a service’ business model combines industrial, economic, social and environmental efficiency through our shared infrastructures.”