IEPlus: Italy’s UBI Banca included in Ethibel’s sustainability indices

Italy’s UBI Banca has announced today that the bank has been included in Ethibel Sustainability Index (ESI) Excellence Europe and Ethibel Sustainability Index (ESI) Excellence Euro.

ESI Europe contains 200 shares, all of them top performers in terms of corporate social responsibility.

The index is composed on the basis of a basket of companies included in the Investment Register which meet a number of technical-financial requirements, summarised in the specifications.

Editors Note: InvestmentEurope is interested to know more of the community activities of asset managers, especially those operating in Continental Europe. Each Friday afternoon we will run a series of “IEPlus” stories online at www.investmenteurope.net, which highlight this kind of involvement. If you have material to offer (text or video) for consideration please email it to caroline.allen@incisivemedia.com

Ethibel is a consultancy agency for corporate social responsibility and socially responsible investing.

Stocks are selected according to a number of criteria, among which human rights, environmental responsibility, corporate governance and community investing.

In this context, the organisation sets out European standards which are widely socially accepted.

UBI Banca is already included in Axia Euro Ethical Index, Axia Euro CSR Index and Axia Sustainable Index, published by Axia Financial Research, and in the ECPI Ethical EMU Equity index filed by ECPI.

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