DEH Joins the FTSE4Good Index Series
DEH has officially been included in the FTSE4Good Index Series following an evaluation by FTSE Russell, a global provider of indices and data which is part of the London Stock Exchange Group. This inclusion positions DEH among the leading international companies recognized for their significant contributions to Environmental, Social, and Governance (ESG) issues.
Outstanding Evaluation in ESG Areas
Specifically, DEH received commendable scores for its performance in Social and Governance categories, surpassing the average benchmarks set by its industry peers. In the Environmental category, DEH’s evaluation aligned closely with the average for utility companies. Notably, DEH’s overall score has seen a significant increase compared to the previous year, reflecting the company’s enhanced performance across the ESG pillars.
FTSE4Good Index Purpose and Recognition
The FTSE4Good Index Series was designed by FTSE Russell to measure the performance of companies demonstrating robust environmental and social practices along with sound governance, based on internationally recognized standards. FTSE Russell has developed a wide array of indices across various asset classes, which are highly regarded by the global investment community.
Confirmation of DEH’s ESG Strategy
DEH’s positive evaluation and inclusion in the FTSE4Good Index reaffirm the effectiveness of the Group’s ESG strategy, as highlighted in a related announcement.
Investment in Renewable Energy
DEH Group is committed to a “green” transformation, with plans to invest €9 billion from 2024 to 2026. The announcement emphasizes the Group’s aspiration to maintain its leading position in renewable energy in Greece and strengthen its presence in Southeast Europe. DEH aims to fulfill its role as a vital social partner across the markets in which it operates.
Meeting Energy Needs Sustainably
In this context, DEH strives to meet the energy demands of the countries it serves by providing green, reliable, and affordable services. Specifically, the Group is targeting net-zero greenhouse gas emissions by 2040, focusing on renewable energy investments that will primarily enhance green energy sources and upgrade distribution networks in Greece and Southeast Europe. Through these investments, DEH aims to reduce direct CO2 emissions by 75% by 2026 compared to 2019 levels, thereby promoting greener energy production and facilitating the energy transition in Greece and the broader Southeast European region.
Strong Performance in ATHEX ESG Index
Simultaneously, DEH is placing significant emphasis on environmental protection, the conservation of natural resources, and the safeguarding of human rights in the areas where it operates. The Group’s objective is to create value for the economy while enhancing its positive societal impact, taking into account the needs of all stakeholders, including shareholders, employees, customers, suppliers, and the wider community.
DEH’s Commitment to Biodiversity
Furthermore, DEH is a founding member of the international initiative “Alliance for Sustainable Biodiversity Management,” showcasing its ongoing commitment to sustainability and biodiversity conservation.
