Respect Index Already Has 22 Participants

Respect Index Already Has 22 Participants

Seven companies were added to the RESPECT Index portfolio in the third edition of the CEE’s first socially responsible index. Extension of the index portfolio to cover 22 participants proves the growing importance of CSR standards on the Polish market.

The Warsaw Stock Exchange published the new composition of the socially responsible index RESPECT on 14 July. The index in its new composition will be published as of 1 August 2011.

The index portfolio now covers 22 participating stocks, including seven new companies:
Apator SA– new index participant
Barlinek SA
Bank Handlowy w Warszawie SA
Bank Millennium SA
Budimex SA
DM IDMSA - new index participant
Elektrobudowa SA
Fabryka Farb i Lakierów Śnieżka SA - new index participant
Grupa Lotos SA
ING Bank Śląski SA
KGHM Polska Miedź SA
Kredyt Bank SA - new index participant
LW Bogdanka SA
Mondi Świecie SA
Netia SA - new index participant
PBG SA - new index participant
PGE Polska Grupa Energetyczna SA - new index participant
PKN Orlen SA
Telekomunikacja Polska SA
Zakłady Azotowe w Tarnowie-Mościcach SA

The addition to the index portfolio of seven companies which meet the highest standards of socially responsible management among all companies listed on the Warsaw Stock Exchange proves that Polish businesses are becoming more sensitive to Corporate Social Responsibility (CSR) and increasingly incorporate it as an integral part of corporate business strategy.

We are very glad that Polish companies are so strongly interested in our ‘tool’, which measures and reviews socially responsible management and CSR. Less than two years since the launch of the RESPECT index, the project has indeed attained its objective in the Polish business community. Now it is time for investors to actively participate in the development of the best practice of corporate governance and CSR on the Polish market by investing in the stock of RESPECT Index companies.” said Warsaw Stock Exchange CEO Ludwik Sobolewski about the results of the third edition of the RI project.