ACEA enters the MIB ESG index from 19 December

Acea director Giovanni Giani resigns

(Tiper Stock Exchange) – ACEAmulti-utility listed on Euronext Milan, will enter the MIB ESG indexthe ESG (Environmental, Social and Governance) index dedicated to Italian blue-chip companies, designed to identify the large listed Italian issuers that present the best ESG practices.

He communicated it Euronext at the end of quarterly review. The effectiveness of the entry starts from Monday 19th December. The next index revision will take place on March 10, 2023.

The index combines the measurement of economic performance with ESG assessments in line with the principles of the United Nations Global Compact. The composition is based on an analysis of ESG criteria by Vigeo Eiris, a Moody’s company. The top 40 companies based on ESG criteria are included, selected among the 60 most liquid Italian companiesexcluding those involved in activities that are not compatible with ESG investments.

tlb-finance