Pursuit of excellence
OTE Group received numerous awards and recognitions for its Strategy and Actions on Sustainable Development, with a total of 15 awards and distinctions, our best performance ever! The Group’s improved performance in sustainable growth resulted in higher FTSE4Good index raking, its’ inclusion in the new index “Euronext Vigeo Emerging 70”, as well as the upgrade to the category of “Prime company” by Oekom Research.
Our 2014 Sustainability Report was listed amongst the world’s “top 10” in the categories of “Innovation in Reporting” and “Best Carbon Disclosure” of the organization www.CorporateRegister.com
With an impressive performance in 2015, OTE Group remains in the index, since 2008. OTE had a rating of 4.4 out of maximum 5 in the ESG Absolute Score, and 89 out of 100, in the ESG Rating ICB Supersector Relative Percentile Score.
OTE is the only Greek company listed on the Euronext Vigeo sustainability index, the Euronext Vigeo Eurozone 120 index (since December 2013), and the Euronext Vigeo 70 (since June 2015). These indices have been established with the aim to promote and support responsible investments in companies that have demonstrated an outstanding record in the areas of environment, society and corporate governance.
In September 2015, OTE was upgraded to a «Prime» company, a characterization awared to companies-leaders of each sector by oekom research, in recognition of the fact that OTE negotiable bonds and shares qualify for responsible investment.
Okeom research clients are global institutional investors and financial services companies, with AUM (Assets Under Management) amounting up to €600 billion. Oekom reviews the company’s environmental and social performances, using over 100 criteria.
In its 2015 review, CDP awarded OTE a score of 94/100 for its responses in the Disclosure score questionnaire transparency of answers, while it was rated with a C for performance (Performance Band scores: A, B, C, D and E), placing OTE above the industry average. CDP is the largest organization in the world for the submission of climate change and collaboration reports.
OTE was included in the Ethibel EXCELLENCE Investment Register, confirming that the company stands above the average in the field of those suitable for investments, thus using sustainable business and ethics criteria.
OTE has been part of Greece’s Corporate Responsibility Index (CRI) since 2008, which is run by the Institute of Corporate Social Responsibility, in collaboration with the Business in the Community (BITC). For the past years, OTE and COSMOTE have been both part of the index, with exceptional distinctions. In 2015 they received the top distinction “Diamond” award, for their total performance on Sustainable Growth.