INWIT included in the FTSE4Good Index for the first time
Ferigo: “we have been rewarded for our journey to become a sustainable business”
Rome, 23 June 2022 – INWIT, Italy’s foremost tower operator, is joining the FTSE4Good Index Series for the first time. The index is managed by FTSE Russell, which 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 recognised INWIT’s huge commitment to integrating ESG practices into its business strategy and their growth resulting from the Sustainability Plan implementation. 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 the approval of its emissions reduction targets by the Science Based Target Initiative (SBTi).
“After last year’s upgrades to many of our ESG ratings, in 2022 we will receive another important acknowledgement that reflects our transformation path towards an increasingly sustainable business model, essential to creating value for the company. – INWIT’s Managing Director, Giovanni Ferigo pointed out – But if we want to build an increasingly sustainable future for our communities, it is essential that we continue to invest more in digital solutions, sustainability’s greatest ally that will allow us to improve the quality of our lives and overcome social barriers.”