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Nuovo indice MIB ESG

TIM in the new MIB ESG index

Enhancing our sustainable development path

10/18/2021 - 04:30 PM

TIM is in the MIB ESG, the new index launched by Euronext and Borsa Italiana to identify Italian companies with high share capitalisation that adopt social, environmental and governance (ESG) best practices.

A total of 40 companies have been selected for the index, all of which are assessed by combining the measurement of economic performance with ESG impacts, in accordance with the principles of the UN Global Compact.

ESG (Environmental, Social, Governance) development objectives are at the heart of the TIM Group's 2021-2023 Strategic Plan and translate into a programme of projects that will lead us to becoming carbon neutral by 2030 and to use energy exclusively from renewable sources by 2025, thus bringing indirect emissions to zero. The Group is also active in the development of sustainable technologies, such as the cloud by benefit company Noovle, and solutions for smart cities and smart agriculture, and it is promoting projects such as 4 Weeks 4 Inclusion and Operazione Risorgimento Digitale to spread the culture of inclusion and the growth of digital skills throughout the country.

TIM is also included in the Euronext Vigeo-Eiris sustainability index and is part of the Nasdaq Sustainable Bond Network, the sustainable finance platform managed by Nasdaq, which brings together investors, issuers, investment banks and specialist organisations.