Adoption of "ESG Transparency Methodology" in the ATHEX ESG Index
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| October 9th, 2023 | |||
| Adoption of "ESG Transparency Methodology" in the ATHEX ESG Index | |||
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The Athens Stock Exchange announces the adoption of the "ESG Transparency Methodology" in the management and calculation process of the ATHEX ESG Index.
The methodology, reviewed by the Laboratory of Investment Applications (LEAP) of the National and Kapodistrian University of Athens (NKUA), examines the percentage (%) of transparency that companies demonstrate regarding the indicators of the "ATHEX ESG Disclosure Guide".
Worth noting that the methodology does not pertain to the performance of companies against the guide's indicators over time or in comparison to other companies.
Additionally, the methodology takes into consideration the concept of materiality and reinforces the significance of qualitative indicators, as they highlight that a company has a broader mechanism for managing ESG practices.
The "ESG Transparency Score" resulting from the application of the methodology will serve as input for determining the composition of the ATHEX ESG Index.
For a detailed overview, please see:
| Download the Press Release |
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About Athens Exchange Group
The Athens Stock Exchange since its establishment in 1876, consistently participate in the financial and business developments in the country.
Athens Exchange Group (ATHEX Group), provides support to the Greek Capital Market. ATHEX Group operates the organized Equities and Derivatives markets, the alternative market and performs clearing and settlement of trades.
The Athens Stock Exchange, through its markets, offers solutions and financing tools to businesses, expands investor choice by providing a safe, stable and easy environment in full alignment with international practices and the European regulatory framework.
In a period that the role of stock markets in exploring alternative ways of financing business, at a European level, is significantly enhanced, the Athens Exchange Group has taken a series of initiatives to highlight the attractiveness of the Greek Capital Market and the Greek companies to the international investment community and expand the variety of investment opportunities.
Its shares are traded on the Main Market of the Athens Exchange (Symbol: EXAE).
The profiles of the ATHEX Group and its markets can be downloaded from the link. More information can be found in the website www.athexgroup.gr.