FTSE Group confirms that Drax Power Limited has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index company FTSE Group, Launched in 2001, FTSE4Good is an equity index series that is designed to facilitate investment in companies that meet globally recognised corporate responsibility standards. Companies in the FTSE4Good Index Series have met stringent social and environmental criteria, and are positioned to capitalise on the benefits of responsible business practice.
For more information about the FTSE4Good Index Series please follow the link below to the FTSE4Good website.
To be included in the indices, companies need to demonstrate that they are working towards:
– Environmental management
– Climate change mitigation and adaption
– Countering bribery
– Upholding human and labour rights
– Supply chain labour standards
Drax and FTSE4Good
Drax has been a member of the FTSE4Good Index since 2006, demonstrating a balance between the commercial and regulatory rigours of the competitive sector within which we operate and our a commitment to our stakeholders as a whole.
Drax has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series.