Warsaw Stock Exchange announced the sixth listing of RESPECT Index. Citi Handlowy is one of two banks remaining in RESPECT portfolio since its first listing published in 2009.
RESPECT Index is the first Social Responsibility index in Central and Eastern Europe. Companies included in RESPECT portfolio maintain the highest corporate governance and investor relation standards. They are also rated for environmental, corporate social responsibility and employee relations, aspects that are an integral part of Citi Handlowy's business strategy. With its employee volunteering project managed by The Citi Handlowy Leopold Kronenberg Foundation, Citi Handlowy is a leader in corporate volunteering. Since the program's launch in 2005, Citi Handlowy volunteers have donated over 75 thousand hours, working in 1060 projects for nearly 140 thousand beneficiaries.
The fact that Citi Handlowy has kept its place in RESPECT portfolio proves that our bank continues to maintain very high standards in corporate governance and investor relations. Being listed in RESPECT means prestige and tangible profit for our company, as it translates into higher trust of investors, said Katarzyna Otko-D±browska, Director of Strategic Projects and Investor Relations at Citi Handlowy.
RESPECT Index was launched by Warsaw Stock Exchange in 2009, to recognize companies observing the highest standards in sustainable and responsible governance. RESPECT Index places strong emphasis on its companies' attractiveness to investors, determined by high standards in investor relations, communications and reporting, etc. With liquidity among key qualifying criteria, RESPECT Index, like other stock exchange indices, serves as reference for professional investors. RESPECT audit is performed on all companies listed on Warsaw Stock Exchange with the exception of NewConnect firms, foreign companies and ones in dual listing.
