Interconexion Electrica S A : ISA is included in the FTSE4Good Index due to its good sustainability practices
August 18, 2017 at 11:27 am EDT
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FTSE4Good lists companies from the stock market that meet global standards regarding corporate investment and best corporate sustainability practices.
After a detailed review of our corporate report and other public documents, FTSE Russell group included ISA in the FTSE4Good Index, 'because of its compliance with the ethical investment stock market indexes as well as global corporate responsibility standards.'
The FTSE4Good is a key tool for consultants, companies and assets managers for the evaluation and creation of responsible investment products. The FTSE4Good index was launched in 2001 to measure demonstrable results of companies at the Environmental, Social and Governance level - beside financial criteria, through the company's initiatives regarding sustainability, respect for human rights, and the use of clean energy among others.
This index provides investors a Socially Responsible Investment indicator (SRI) and it is a tool for the development of this type of products; it allows investors to capitalize on the benefits of good corporate governance (eco-efficiencies, brand image enhancement, etc.) and promotes social responsibility among companies.
'The inclusion of ISA in this type of indexes is proof of its commitment to corporate sustainability and transparency. We truly believe the role companies play must change. Society demands companies to go beyond their business, positively interact with its environment, be guarantors of well-being and generate connections. This is what ISA does, now that it is turning 50 years', said Bernardo Vargas Gibsone, ISA's CEO.
ISA - Interconnection Electric SA ESP published this content on 18 August 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 August 2017 15:26:07 UTC.
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Interconnection Electric SA ESP (ISA) is a Colombia-based company engaged in the transmission of electric power. The Companyâs business is structured into five divisions: Electric Energy Transport, operating a network of high-voltage transmission circuits in Colombia, Peru, Bolivia and Brazil; Smart Management of Real Time Systems, which manages the facilities of the National Interconnected System (SIN), Commercial Settlement System (SIC), Wholesale Energy Market (MEN) and International Electricity Transactions (TIE); Construction of Infrastructure Projects, which include the development of high-voltage and fiber-optic transmission networks; Telecommunications Transport, which is involved in the leasing of the Companyâs transmission networks to other operators, and Road Concessions, which focuses on the construction, management and exploitation of highways, toll roads and other related infrastructure. On September 30, 2013, the Company established a subsidiary, Intercolombia SA ESP.