GVC Advances ESG with FTSE4Good and Carbon Trust
16 October 2020
GVC Holdings PLC
("GVC" or the "Group")
GVC Advances ESG Agenda with FTSE4Good Index Membership
and Carbon Trust Standard Verification
GVC Holdings, the global sports-betting and gaming group, is pleased to announce that it has retained its position in the FTSE4Good Index Series following the index's annual review. The readmission comes in the same week as the Group has also received verification from the Carbon Trust of its global carbon emission data.
Launched in 2001, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. GVC was retained in the index following a rigorous independent assessment of its practices and public documents against a series of criteria, including:
· Governance: risk management, corporate governance, anti-corruption
· Social practices: human rights, labour standards and health & safety
· Environmental commitments: energy usage, waste management
Separately, the Group has received independent verification of its carbon emissions data from the Carbon Trust ("the Trust"), the body dedicated to helping organisations deliver a more sustainable future through carbon reduction and resource efficiency strategies. The Trust verified GVC's emissions 2019 data, which showed a 10% reduction on the prior year.
The Trust's verification is significant in that it is tracked by a number of leading ESG ratings agencies, which help investors evaluate investment decisions based on ESG criteria. GVC is now working with the Carbon Trust to achieve its Carbon Management Standard, in order to demonstrate further progress against the Group's ongoing objective of reducing its environmental impact.
Shay Segev, GVC CEO commented:
"These are two significant measures of our commitment to operating GVC to the highest standards of environmental, social and governance practices. We are delighted with the progress that we have made in these areas and are committed to driving further improvements throughout our business."
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Investor Relations GVC Holdings PLC |
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David Lloyd-Seed, Director of Investor Relations & External Communications
Jennifer Spencer, Investor Relations Manager
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Tel: +44 (0) 203 938 0000 |
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Media GVC Holdings PLC
Jay Dossetter, Head of ESG and Press Office
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Tel: +44 (0) 203 938 0000 jdossetter@gvcgroup.com tessa.curtis@gvcgroup.com |
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Powerscourt Rob Greening / Elly Williamson |
Tel: +44 (0) 20 7250 1446 |
About GVC Holdings PLC
GVC Holdings PLC (LSE:GVC) is a FTSE100 company and is one of the world's largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group owns proprietary technology across all of its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. The Group has also entered into a joint-venture with MGM Resorts to capitalise on the sports-betting and gaming opportunity in the US. The Group is tax resident in the UK with licenses in more than 20 countries, across five continents.
For more information see the Group's website: www.gvc-plc.com
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