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Grupa Azoty in FTSE4Good indices
02.08.2018
Grupa Azoty in FTSE4Good indices
Grupa Azoty S.A. was once again included in the FTSE4Good indices, as announced by FTSE Russell following the June 2018 review.

To be included in the FTSE4Good index, each company is thoroughly assessed against a best practice framework with regard to the environmental, social and corporate governance performance.

“We were very satisfied to learn that Grupa Azoty was positively assessed and will continue to be a constituent of the FTSE4Good indices. Independent experts have once again confirmed that we conduct our business in a transparent manner and in compliance with the highest environmental and social standards, which we accurately and comprehensively report to our shareholders. Our ESG initiatives are also recognised in Poland, as demonstrated by our continued presence in the Respect Index since its inception,” said Paweł Łapiński, Vice President of Grupa Azoty.

Grupa Azoty S.A. was added to the FTSE4Good Emerging Index in December 2016, expanding the group of companies reporting their environmental, social responsibility and corporate governance (ESG) practices. In October 2017, FTSE Russell reclassified Poland from an Emerging market to a Developed market.

The FTSE4Good Series indices are created by FTSE Russell, a global index provider, to measure the investment performance of companies reporting ESG activities. The indices are used extensively by a wide variety of market participants when making decisions based on the best responsible investment practices. FTSE4Good has been an index of the London Stock Exchange since 2001.

The Grupa Azoty Group is the undisputed leader of the fertilizer and chemical market in Poland and one of its key players in Europe. It is the second largest EU-based manufacturer of nitrogen and compound fertilizers, and its other products, including melamine, caprolactam, polyamide, oxo alcohols and titanium white, enjoy an equally strong standing in the chemical sector, with a wide range of applications in various industries. In May 2017, the Group unveiled its updated strategy until 2020. The key development areas cover completion of the Group's consolidation, reinforcing its leadership in agricultural solutions on the European market, strengthening the second operating pillar through expansion of the non-fertilizer business, as well as generating and implementing innovations to accelerate growth in the chemical sector. The Grupa Azoty Group is the integrator of Poland’s chemical industry. By consolidating the plants in Tarnów, Puławy, Police and Kędzierzyn-Koźle, it has ensured that the key chemical companies have remained in Polish hands, while creating a number of cost synergies. By 2017, the consolidation of ​​strategic procurement, production, maintenance, logistics and IT generated savings estimated at no less than PLN 710m. The integration has brought multiple benefits to the Polish economy, the Group as a whole, and its individual plants.

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