The OTE Group responds to sustainability & ESG analysts’ questions and assessments. OTE is included in several national and international sustainability/ESG indices, rankings and ratings. Indicatively:
OTE meets the requirements and is included in the FTSE4Good Index Series, according to the June 2023 evaluation, regarding the implementation of significant Environmental, Social and Governance (ESG) practices.
Highlights:
- 15th year of inclusion in the year of inclusion in the index series.
- 2nd consecutive year score increase due to the strong performance in environmental practices.
- Top 3% of telecommunications companies included in the index (according to June 2023 evaluation).
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OTE is ranked in "Prime" status once more, based on 2023 assessment. This title is awarded to companies if the overall ESG Corporate Rating letter grade meets or exceeds the industry-specific Prime threshold defined by ISS ESG’s Industry Classification Matrix, which reflects the overall magnitude of an industry’s risk exposure and footprint.
Highlights:
- More than 10 years of “Prime” status.
- “B-” rating for more than 5 consecutive years.
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OTE received a rating of 'A' in the Aug. 2023, MSCI ESG Ratings assessment. MSCI ESG Research provides in-depth research, ratings and analysis of the environmental, social and governance-related business practices of thousands of companies worldwide.
Highlights:
- Rating upgrade to "A" since 2022 The upgrade reflects the OTE Group's commitment to reducing environmental, social and governance (ESG) risks based on its practices.
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OTE scored a "B" (Management) rating in the 2023 assessment on Climate Change by CDP, by communicating the required information to the relevant platform.
Highlights:
- 14 years of participation.
- 10 years of minimum “B” ranking on Climate Change.
- “A/A-” score in 6 “Climate Change” categories, in 2023, indicatively in: Governance, Business strategy and financial planning, Emissions reduction initiatives.
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OTE Group has been included in the Bloomberg LP Gender-Equality Index (GEI) 2023. GEI tracks the performance of public companies committed to disclosing their efforts to support gender equality through policy development, representation, and transparency.
Highlights:
- 4th year of inclusion in the index.
- 100/100 disclosure score for metrics disclosed.
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OTE is included in the Athens Stock Exchange’s new Athex ESG Index, along with 34 other listed companies. The Index monitors the stock market performance of ASE listed companies that adopt and promote ESG practices.
Highlights:
- 1st Prize for the Best ESG Index Company Award, at the HRIMA Business Awards 2023.
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OTE was ranked in the Platinum level of the ESG Transparency Index list, presented by Forbes, reflecting Group's high level of transparency on ESG issues. The aim of the survey was to assess the transparency level of the 100 largest companies in Greece- based on turnover- on ESG matters, based on specific sources from public reports and information disclosure criteria. |