Air New Zealand named in FTSE4Good Index Series
The global series is made up of 14 indexes and has been designed in response to growing interest in socially responsible investment around the world.
To be included in the series, organisations are assessed across 300 data points and must support human rights, have good relationships with stakeholders, be making progress to become environmentally sustainable, ensure good labour standards (both internally and with suppliers), and fight bribery and corruption.
Air New Zealand Head of Sustainability Lisa Daniell says it's terrific for the airline to be recognised in this way.
"We continue to invest considerably in our sustainability programme, so it's great to have this work acknowledged and globally benchmarked," says Ms Daniell.
The FTSE4Good Index Series includes more than 15 benchmarks, based on the Environmental, Social and Governance (ESG) ratings of more than 4,000 securities in 47 Developed and Emerging markets.
Issued by Air New Zealand Communications.
About the FTSE4 Good Index Series
The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. Transparent management and clearly-defined ESG criteria make FTSE4Good indexes suitable tools to be used by a wide variety of market participants when creating or assessing sustainable investment products. FTSE4Good indexes can be used in four main ways:
Financial products- as tools in the creation of index-tracking investments, financial instruments or fund products focused on sustainable investment.
Research- to identify environmentally and socially sustainable companies.
Reference- as a transparent and evolving global ESG standard against which companies can assess their progress and achievement.
Benchmarking- as a benchmark index to track the performance of sustainable investment portfolios.
About Star Alliance
The Star Alliance network was established in 1997 as the first truly global airline alliance to offer worldwide reach, recognition and seamless service to the international traveller. Its acceptance by the market has been recognized by numerous awards, including the Air Transport World Market Leadership Award and Best Airline Alliance by both Business Traveller Magazine and Skytrax. The member airlines are: Adria Airways, Aegean Airlines, Air Canada, Air China, Air India, Air New Zealand, ANA, Asiana Airlines, Austrian, Avianca, Avianca Brasil, Brussels Airlines, Copa Airlines, Croatia Airlines, EGYPTAIR, Ethiopian Airlines, EVA Air, LOT Polish Airlines, Lufthansa, Scandinavian Airlines, Shenzhen Airlines, Singapore Airlines, South African Airways, SWISS, TAP Air Portugal, THAI, Turkish Airlines, and United. Overall, the Star Alliance network currently offers more than 18,800 daily flights to 1,317 airports in 193 countries. Further connecting flights are offered by Star Alliance Connecting Partner, Juneyao Airlines.
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