The inclusion reflected a significant improvement in MTG’s scoring in several categories. The Group is already included in the Dow Jones Sustainability World Index. MTG is one of six Swedish companies to be included into the DJSI World Index this year, and one of seven in the DJSI Europe Index. There were a total of 61 media companies in the DJSI World universe and 26 in the DJSI Europe universe, with only the nine highest scoring companies being included in each index.
MTG is already included in the FTSE4Good Index, which identifies companies that meet globally recognized standards of business practice.
Jørgen Madsen Lindemann, President and CEO of MTG, commented: “The inclusion of Modern Times Group in the Dow Jones Sustainability indices reflects the work we are doing across a number of different areas to continuously enhance our corporate responsibility and promote sustainability. We operate a large number of brands and businesses in rapidly changing environments and across multiple territories and MTG’s Modern Responsibility is all about ensuring that we create and deliver value for all of our stakeholders in a responsible and sustainable way.”