Press Releases

Budapest, January 24, 2014 13:30

Telekom sustainability activity has been highly appreciated also internationally: the company qualified in the Central and Eastern-European CEERIUS sustainability index again in 2014, while Oekom Research put the company in the „responsible firm, recommended for investments” category.

CEERIUS (Central and Eastern European Responsible Investment Universe) – launched by the Vienna Stock Exchange in 2009 as a Central and Eastern-European responsible investment index – includes companies that perform the best, judged based on environmental, social and business aspects. The index was compiled by the Austrian consulting company RFU (Reinhard Friesenbichler Unternehmensberatung). Companies were scored based on their responsible stakeholder relations, among others their approach toward the employees, business partners, the whole society and the natural environment were also considered.

Magyar Telekom’s performance was assessed based on the 2012 audited Sustainability report and publicly available information. Since 2009 the company has been part of the CEERIUS index.

Oekom Research is an independent agency analysing investment targets from the sustainability point of view. Since its establishment the agency screened almost 3,000 companies in 56 countries, their clients include companies offering financial services, managing altogether 520 billion Euros.

Oekom Research first analysed the environmental and social impacts of the Magyar Telekom Group’s operation in 2009. Ever since they have been ranking the company in the premium (B-) category – that is a company recommended for investments.Magyar Telekom has been engaged in environmental issues related to its operation since 1996 and from among Hungarian companies it was one of the first enterprises in 2000 to establish a separate environmental and later sustainability organisation, coordinating the responsible operation processes and sustainability aspirations of the company. The company published its first sustainability report ten years ago, also reporting on the annual performance with regards to its long term sustainability strategy.