25 Aug 2017 15:18
PJSC ROSSETI
PJSC ROSSETI security is included in the FTSE4Good Emerging Index
25 August 2017. Moscow, Russia. - PJSC ROSSETI (LSE: RSTI) (the "Company"), the largest electricity transmission and distribution grid company in Russia, today announces that FTSE Russell Russell (the company designing and calculating global stock indices based on globally acknowledged sustainable development criteria) has included PJSC ROSSETI in the FTSE4Good Emerging Index, following the June 2017 index review.
Having examined ROSSETI Group's governance, social, and environmental practices, FTSE included PJSC ROSSETI's securities in the FTSE4Good Emerging Index, a socially responsible investment index introduced in December 2016.
FTSE Russell designed the FTSE4Good Index Series to encourage investments in socially responsible companies complying with international standards for governance, social, and environmental policies. All issuers whose securities are included in the FTSE4Good indices meet the strict criteria for Environmental, Social and Governance (ESG) practices.
With its securities now included in the FTSE4Good index, PJSC ROSSETI will be able to expand its base of socially responsible international investors, in particular, attract ESG funds, which incorporate ESG factors as a key consideration into their investment decision-making process.
"The acknowledgment of ROSSETI Group's Environmental, Social and Governance (ESG) practices is definitely a positive sign for investors. We expect that the inclusion of PJSC ROSSETI's securities in the FTSE Group's index will drive further expansion of our investor base and attract ESG funds, thus increasing the liquidity of our securities," said Yuri Goncharov, Deputy General Director for Corporate Governance of PJSC ROSSETI.
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For further information:
PJSC ROSSETI
Maria Stepanova, Head of IR +7(495) 995 5333 (ext. 3961)
Yulia Martynova, IR +7(495) 995 5333 (ext. 3834)
Horizon
Maria Novokreschenova +7 (495) 225 0335
Yaroslav Gryaznov +7 (495) 225 0335 (ext. 124)
PJSC ROSSETI is the largest electricity transmission and distribution grid company in Russia. It is also one of the largest electricity transmission and distribution grid companies in the world by length of electricity lines and installed transformer capacity. PJSC ROSSETI holds interests in and manages 15 subsidiary grid companies in Russia. The Company together with its subsidiaries owns and operates 2.31 million kilometers of electricity transmission and distribution lines with a total installed transformer capacity of 773 GVA. The Company operates in 78 regions of Russia.
Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of PJSC Rosseti. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might" the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industry, as well as many other risks specifically related to PJSC Rosseti and its operations.