ORLEN in the 4th edition of the prestigious RESPECT Index
Once again PKN ORLEN joined the elite group of companies included in the RESPECT Index portfolio, which comprises socially responsible businesses. Experts selecting listed companies for inclusion in the index concluded that PKN ORLEN meets the applicable, very demanding, criteria and requirements. PKN ORLEN has been part of the index since the index’s launch.
Inclusion in the RESPECT Index is one of the factors contributing to a company's attractiveness to investors. The index is prepared based on an audit of reporting quality, investor relations standards, social, personnel and environmental initiatives, as well as information governance. As a result, the index includes only those companies which – according to stock market experts – are managed in a responsible and sustainable manner.
RESPECT Index, the first index of socially responsible companies in the CEE region, was launched on the WSE in November 2009 and included 16 companies. In the current edition, it consists of 23 stocks, which successfully passed the review performed by the Project Partners, namely the Warsaw Stock Exchange, Deloitte Polska, and the Polish Association of Listed Companies.
In the organisers’ opinion, an analysis of changes in the WSE indices confirms that the companies included in the RESPECT Index outperform the market. Since the beginning of the previous year, the index has been published in the continuous trading system. In line with the new rules, the index portfolio is updated every half year and therefore reflects the actual CSR and SRI activities of the companies.
