- 28 November 2022
- Posted by: eyath-news
- Category: All News
EYATH SA is included in the Athens Stock Exchange’s ATHEX ESG index, which measures the impact and performance of businesses on the environment and society.
In particular, in the regular six-month review of the composition of its stock market indices, the Athens Stock Exchange announced thirteen additions to the ATHEX ESG index, among which EYATH S.A. This index, which includes up to 60 shares of companies that meet the relevant eligibility criteria, monitors the stock market performance of listed companies that adopt and promote their Environmental, Social and Corporate Governance (ESG) practices.
The inclusion of EYATH in the index is a “reward” for its commitment to care for the environment, social solidarity and good administration, respect for the legislative framework and regulations, as well as the constant pursuit of a safe working environment, without discrimination and prejudice. It also highlights its consistent strategic planning for sustainable development and contribution to the national, European and international goals of the “green” transition.
“Understanding the criticality and volatility caused by the climate, the energy crisis and international geopolitical developments, we are turning to sustainability ‘investments’, incorporating non-financial terms into our decision-making. The adoption of ESG KPIs in our action and annual reports shows exactly this, our solid, transparent, coherent strategy towards sustainable development. Our inclusion in the relevant index is the culmination of our efforts, but we are not complacent”, noted the president of EYATH, Agis Papadopoulos.
“Our inclusion in the ESG index of A.A. is the reward for our efforts to integrate the principles of sustainable development, people-centeredness, along with good governance and transparency into the work ecosystem of EYATH. We need KPIs, measuring indicators of our non-financial culture, to become better, more resilient and, ultimately, more profitable”, pointed out the managing director of EYATH, Anthimos Amanatidis.
It is recalled that this specific index was designed to provide a transparent and useful tool, which investors can incorporate into their investment strategy. At the same time, it motivates listed companies to publicize data related to the adoption of Environmental, Social and Corporate Governance (ESG) practices and, therefore, to take more initiatives on these issues. For the inclusion of a company in the specific index, criteria such as the percentages of its shareholders’ participation in its share capital (dispersion data), the market value of each share and, above all, the evaluation score from the National and Kapodistrian University of Athens, are taken into account. The review and evaluation of the composition of the index is carried out every six months.
The data on the basis of which EYATH was evaluated are published in the company’s Sustainability Report for 2021, which was structured in accordance with the reporting standards of the internationally recognized GRI initiative, as well as in accordance with the guidelines of the ESG Information Disclosure Guide 2022 of the Athens Stock Exchange.