Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.
FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE4Good Index Series meet a variety of environmental, social and governance criteria.
Redrow has been included in the index series this year, in recognition for being among the best performers and a leader among its peers.
Group Communities Director, Rose Sandell, said: “Sustainability is core to our purpose of a better way to live and it threads through everything we do. We’re very proud to be recognised for our work driven by our sustainability framework.
Our ability to create long-term value is inextricably linked to how we manage the risks and opportunities that arise from Environmental-Social-Governance (ESG) factors. We are committed to improving our transparency and increasing our disclosures, utilising recognised frameworks and standards and monitoring our year on year progress.”
We disclose performance against core non-financial metrics in our ESG scorecard. These metrics align with the issues that are most material to the business and our stakeholders in the short, medium and longer term.
As well as improving our scoring in the FTSE4Good index, Redrow have also improved performance in other key assessments including Institutional Investor Services (ISS) and MSCI.
There is more information about our sustainability work and disclosures on our website.
To find out more on the FTSE4Good Index, visit their website at https://www.ftserussell.com/products/indices/FTSE4Good
