Ricardo : environmental, social and governance practices achieve FTSE4Good Index status
August 11, 2016 at 10:03 am EDT
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Ricardo is pleased to announce today its inclusion in the FTSE4Good Index - the pioneering global responsible investment index, designed to identify companies that demonstrate strong environmental, social and governance (ESG) practices.
The globally recognised FTSE4Good Index Series has been running for fifteen years, and is a benchmark for companies meeting global corporate responsibility standards. Transparent management and the clearly-defined ESG criteria - which Ricardo demonstrably meets through its inclusion - have made the index a valuable tool for investors in assessing responsible investment products, and especially as a means of identifying environmentally and socially responsible companies.
'I am delighted that Ricardo plc has been included in the FTSE4Good Index,' commented Ricardo CEO Dave Shemmans. 'Ricardo people care passionately about solving the most challenging issues facing nations and business around the world, from mitigating the effects of global warming, to ensuring the most efficient use of scarce resources in transport and power, and working towards clean technologies that offer a more healthy and sustainable environment for the towns and cities of the future. Ricardo's inclusion in the FTSE4Good Index is an achievement that bears testament to the strides we have taken as a global concern in developing the very highest standards in environmental, social and governance practices across all of the markets, sectors and business areas that we serve.'
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Ricardo plc published this content on 11 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 August 2016 14:02:05 UTC.
Original documenthttp://www.ricardo.com/en-GB/News--Media/Press-releases/News-releases1/2016/Ricardos-environmental-social-and-governance-practices-achieve-FTSE4Good-Index-status/
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Ricardo plc is a global strategic, environmental, and engineering consulting company. The Company operates through five segments: Energy and Environment (EE), Rail, Automotive and Industrial (A&I), Defense, and Performance Products (PP). The EE segment is engaged in the provision of environmental consultancy services to customers across the world. The Rail segment is a consultancy unit that provides technical advice and engineering services; and performs accredited assurance services. The A&I segment is engaged in the provision of engineering, strategic consulting, and design, development, and testing services, focused on hybrid and electric systems, electrification, engines, driveline and transmissions, testing, and vehicle engineering. The Defense segment provides engineering services, software, and products to customers in the United States defense market. The PP segment manufactures, assembles, and develops niche components, prototypes, and complex products.
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