Housing and care services provider, Mears Group, has successfully retained their FTSE4Good accreditation for the Group, securing a place once again in the top 5% of companies in the Index Series based on the Dec 2018 assessment.
FTSE4Good is an initiative ran by FTSE to provide an independent measure the Environmental, Social and Governance (ESG) practices of companies on its Global index. It was set up to cater for a growing number of investors who want access to a list of companies recognised for being a socially responsible investment (SRI).
Organisations hoping to be included on the list must supply robust evidence for how they fulfil the index’s key indices which focus on three areas: environmental, social and governance.
Chief Executive Officer, David Miles, said:
“We work in some of the most socially deprived areas of the country and we feel a strong sense of responsibility towards finding ways to improve the long-term prospects of the people who live in these communities. This philosophy has always been at the heart of our business.
“Having such a key accreditation demonstrates our ongoing commitment to being a socially responsible business, and our inclusion in the index gives confidence to those who work with us that corporate social responsibility is not something we simply pay lip service to, but is fundamental to everything we do.”