DJ Sistema PJSFC: Sistema is ranked as one of the Russian leaders in environmental transparency
Sistema PJSFC (SSA)
Sistema PJSFC: Sistema is ranked as one of the Russian leaders in
environmental transparency
09-Dec-2020 / 13:30 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Sistema is ranked as one of the Russian leaders in environmental
transparency
Moscow, 8 December 2020 - Sistema PJSFC (hereinafter, "Sistema" or "the
Corporation") (LSE: SSA; MOEX: AFKS), a publicly-traded diversified holding
company, announces that the Corporation and its portfolio company MTS PJSC
(NYSE: MBT; MOEX: MTSS), Russia's largest mobile operator and a leading
provider of media and digital services, have both been ranked among the top
seven out of 29 Russian companies to voluntarily disclose climate data in
line with the international CDP (formerly known as Carbon Disclosure
Project) reporting systemin 2020. As a result, Sistema and MTS have improved
their positions in the global CDP rating to 'B'.
Increasing transparency and improving non-financial reporting are among
Sistema's guiding corporate responsibility principles. As a responsible
investor, the Corporation recognises the value of submitting data through
CDP in allowing Sistema to better understand the environmental impact of its
investment activities, as well as climate change risks and opportunities
within its portfolio companies. Sistema is proud to be among the responsible
global businesses striving to mitigate environmental impacts and improve
corporate accountability.
In 2020, 515 investors with US$106 trillion in assets requested thousands of
companies to disclose their environmental data through CDP. The rise in
corporate disclosure - which has now reached 9,600 companies worldwide in
2020 - is evidence that transparency around environmental impact is now a
business norm.
Sistema's CDP response can be accessed here:
https://www.cdp.net/en/responses [1]
***
IR Service Press Service
Nikolai Minashin Sergey Kopytov
Phone: +7 (495) 730 66 00 Phone: +7 (495) 228 15 32
n.minashin@sistema.ru kopytov@sistema.ru
***
Sistema PJSFC is a publicly-traded diversified Russian holding company
serving over 150 million customers in the sectors of telecommunications,
high technology, banking, retail, timber processing, agriculture, real
estate, tourism and healthcare services. The company was founded in 1993.
Its revenue in 2019 reached RUB 656.9bn; its total assets equalled RUB 1.3tn
as of 31 December 2019. Sistema's global depositary receipts are listed
under the "SSA" ticker on the London Stock Exchange. Sistema's ordinary
shares are listed under the "AFKS" ticker on the Moscow Exchange. Website
www.sistema.ru [2].
***
CDP is a?global?non-profit that drives companies and governments to reduce
their greenhouse gas emissions, safeguard water resources and protect
forests. Voted number one climate research provider by investors and working
with institutional investors with assets of US$106 trillion, we leverage
investor and buyer power to motivate companies to disclose and manage their
environmental impacts. Over 9,600 companies with over 50% of global market
capitalization disclosed environmental data through CDP in 2020. This is in
addition to the over 920 cities, states and regions who disclosed in 2019,
making CDP's platform one of the richest sources of information globally on
how companies and governments are driving environmental change. CDP is a
founding member of the We Mean Business Coalition. Visit?https://cdp.net/en
[3]?or follow us @CDP to find out more.??
ISIN: US48122U2042
Category Code: MSCM
TIDM: SSA
LEI Code: 213800JSZ2UUK4QQK694
Sequence No.: 89364
EQS News ID: 1153918
End of Announcement EQS News Service
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f1334af0279e64a699e7589540f19564&application_id=1153918&site_id=vwd&application_name=news
2: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=e8a7c86d39c0eaff5de6e8773a8b2da0&application_id=1153918&site_id=vwd&application_name=news
3: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=4bb98323e13a8d234aac3990433a9bf6&application_id=1153918&site_id=vwd&application_name=news
(END) Dow Jones Newswires
December 09, 2020 05:30 ET (10:30 GMT)
© 2020 Dow Jones News