Admission to FTSE4Good index

RNS Number : 9327R

Mears Group PLC

08 May 2009

 



Immediate Release: Friday 8th May 2009

Mears Group PLC

('Mears' or 'the Group')

Admission to FTSE4Good index

Mears Group PLC (Ticker: MER), the support services group to the social housing and domiciliary care sectors in the UK, is pleased to announce that it has met the corporate responsibility inclusion criteria for the FTSE4Good index, the leading global responsible investment index, and has therefore now been added as a new member. This was confirmed by the FTSE4Good Policy Committee at its March 2009 FTSE4Good index review. 

  
The FTSE4Good inclusion criteria cover a number of corporate responsibility themes including environmental management, climate change, human and labour rights, countering bribery and supply chain labour standards.  As a constituent of the FTSE4Good Index, Mears is clearly demonstrating that it has the policies and management systems in place to help address relevant corporate responsibility risks. 

Commenting, Bob Holt, Chairman of Mears Group PLC, said:

'We have always been very committed to all areas of corporate responsibility across the group and we are delighted to see that this is recognised with our admission to the index.'

About Mears (ticker: MER.L, MER.LN, MER.PL)        www.mearsgroup.co.uk

Mears is a leading social housing repairs and maintenance service provider to Local Authorities and Registered Social Housing Landlords in the UK and has a growing presence in the domiciliary care market, providing personal care services to people in their own homes delivered as part of outsourcing arrangements with Local Authorities.

Mears employs in excess of 8,000 people and provides maintenance and repairs services to 500,000 homes nationwide. Mears also provides over 85,000 hours of domiciliary care to 13,000 service users each week.

About FTSE4Good index  www.ftse.com/ftse4good

The FTSE4Good Index Series has been designed to measure the performance of companies that meet globally recognised corporate responsibility standards, and to facilitate investment in those companies. Transparent management and criteria alongside the FTSE brand make FTSE4Good the index of choice for the creation of Responsible Investment products. 

FTSE4Good can be used in four main ways:

Investment

As a basis for responsible investment, financial instruments and fund products

Research

As a research tool to identify environmentally and socially responsible companies

Reference

As a reference tool to provide companies with a transparent and evolving global corporate responsibility standard to aspire to and surpass

Benchmarking

As a benchmark index to track the performance of responsible investment portfolios

Enquiries:
Mears Group PLC
Bob Holt, Chief Executive	Tel: [phone]
Andrew Smith, Finance Director	Tel: [phone]
Joint Broker - Investec
Keith Anderson/Daniel Adams	Tel: [phone]
Joint Broker - Collins Stewart
Mark Dickenson/Piers Coombs	Tel: [phone]
Financial PR - Mears Group
Threadneedle Communications
Trevor Bass/Alex White	Tel: [phone]
Hansard Group
John Bick	Tel: [phone]

 

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