Index series measures environmental, social and governance performance
Ingersoll Rand, a leader in creating comfortable, sustainable and efficient environments, has been listed on the FTSE4Good Index Series. Created by the global index company FTSE Group, FTSE4Good is an equity index series designed to measure the performance of companies demonstrating strong environmental, social and governance (ESG) practices.
Companies in the series have met stringent ESG criteria. Ratings are designed to measure the ESG risk and performance of companies worldwide and provide market participants with a tool to be used in portfolio design and management against ESG criteria, or as a framework for corporate engagement and stewardship.
“Inclusion on the FTSE4Good index two years running is further verification that our performance matches the commitment of our employees to integrating sustainability in ways that are valuable to customers and to the vision and purpose of Ingersoll Rand,” said Paul Camuti, Senior VP of innovation and CTO, Ingersoll Rand. “While we are pleased with the FTSE4Good listing, we realise that we must continue to improve our business practices, product innovation and community engagement in ways that make the world a better, more sustainable place to live.”
FTSE Group confirms that Ingersoll Rand has been independently assessed according to the FTSE4Good criteria and has satisfied the requirements to become a constituent of the index.
EP News Bureau – Mumbai
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