16 October 2020
GVC maintains FTSE4Good listing expanding duties with the Carbon Trust
GVC Holdings has retained its position as a ‘FTSE4Good Index’ business following its annual review of corporate practices.
A London Stock Exchange CSR directive, the FTSE4Good Index was launched in 2001 tracking the performance of listed firms’ environmental, social and governance (ESG) standards.
GVC Holdings has retained its listing on FTSE4Good Index having undertaken an independent assessment of its corporate practices and public documents’ evaluating key criteria in relation to its corporate governance duties, social practices (human rights, labour standards, employee safety) and environmental commitments (energy usage and policy).
Maintaining the highest CSR standards, GVC has continued to follow FTSE guidance by undertaking an independent verification of its carbon emissions data by The Carbon Trust.
The Carbon Trust is a global NGO helping large-scale businesses meet and accelerate their transition towards a sustainable, non-carbon and resource-efficient trading in line with global objectives on climate change reduction.
The Trust’s review verified GVC’s 2019 emissions data, which showed a 10% reduction on the prior year. GVC underlined that it is now working with the Carbon Trust to achieve its ‘Carbon Management Standard’, in order to demonstrate further progress against the group’s ongoing objective of reducing its environmental footprint.
Signing-off GVC statement, Group 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.”