After an annual review, gaming and sports betting group GVC Holdings has maintained its place in the FTSE4Good Index Series, with readmission coming as the company also receives verification of its global carbon emission data from the Carbon Trust.
The FTSE4Good Index Series, launched in 2001, is a London Stock Exchange CSR Directive designed to assess the performance of companies exhibiting strong environmental, social , and governance practises.
After a comprehensive independent review of its policies and public records against a range of parameters, GVC was retained in the index, including governance (risk management , corporate governance, anti-corruption), social practises (human rights, labour standards and health and safety) and environmental commitments (energy use, waste management).
Separately, after checking GVC ‘s 2019 emissions results, the company also received independent verification of its carbon emissions results from the Carbon Trust, which revealed a 10 per cent decrease over the previous year.
Via emissions mitigation and resource management initiatives, the Trust is committed to helping organisations deliver a more sustainable future.
In order to show further progress towards its continuing goal of reducing its environmental effects, GVC says it is now collaborating with the Trust to achieve its ‘Carbon Management Standard’.
GVC CEO Shay Segev commented: “These are two significant measures of our commitment to operating GVC to the highest standards of environmental, social and governance practices. We are delighted with the progress that we have made in these areas and are committed to driving further improvements throughout our business.”