Admission to FTSE4Good index
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: +44(0)7778 798 816 |
|
Andrew Smith, Finance Director |
Tel: +44(0)7712 866 461 |
|
Joint Broker - Investec |
|
|
Keith Anderson/Daniel Adams |
Tel: +44(0)20 7597 5970 |
|
Joint Broker - Collins Stewart |
|
|
Mark Dickenson/Piers Coombs |
Tel: +44(0)20 7523 8350 |
|
Financial PR - Mears Group |
|
|
Threadneedle Communications |
|
|
Trevor Bass/Alex White |
Tel: +44(0)20 7936 9666 |
|
Hansard Group |
|
|
John Bick |
Tel: +44(0)7872 061007 |
This information is provided by RNS
Latest directors dealings
- 2 hours ago Johnson Matthey
- 3 hours ago Galliford Try
- 3 hours ago Galliford Try
- 3 hours ago Centrica
- 4 hours ago Smith & Nephew