Budimex once again included in the RESPECT Index

For the sixth time, Budimex has been among the most responsible listed companies. The Warsaw Stock Exchange announced the composition of the RESPECT Index on 17 December 2013.

The RESPECT Index is one of the stock market indices that build the credibility of companies in the eyes of shareholders, potential investors and business partners. It is awarded to companies that apply good practices to the greatest extent in the field of information governance and investor relations, as well as in the area of ecological, social, employee and economic factors, including a modern approach to organization management.

The current edition is the first one also addressed to foreign companies listed on the Warsaw Stock Exchange. This year, the formula for qualifying companies to the index and the frequency of surveys have changed. Currently, companies are analyzed from an industry perspective in three areas: environment, society and governance, and the index is updated only once a year. “Despite the fact that the requirements have been raised, a record number of companies was included in the index. These results show that companies are becoming more and more involved in CSR and there are more and more of them,” said Tomasz Wiśniewski, Chairman of the WSE Stock Indices Committee.

The RESPECT Index is the first index of responsible companies (SRI) in Central and Eastern Europe. The project was introduced by the Warsaw Stock Exchange in 2009, when the first composition of the Index was announced.