MTG included in Dow Jones Sustainability World and Europe indices
Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’), the international entertainment group, today announced that it has been included in the Dow Jones Sustainability Europe Index for the first time, following an 11% year on year improvement in the Group’s total Corporate Sustainability Assessment score.
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.”
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For further information, please visit www.mtg.se or contact:
Jørgen Madsen Lindemann, President & Chief Executive Officer
Tel: +46 (0) 8 562 000 50
Matthew Hooper, Executive Vice President of Corporate Communications
Tel: +44 (0) 7768 440 414
Email: investor.relations@mtg.se / press@mtg.se
Modern Times Group (MTG) is an international entertainment group with operations that span four continents and include free-TV, pay-TV, radio and content production businesses. MTG’s Viasat Broadcasting operates free-TV and pay-TV channels, which are available on Viasat’s own satellite platforms and third party networks, and also distributes TV content over the internet. MTG is also the largest shareholder in CTC Media, which is Russia’s leading independent television broadcaster.
Modern Times Group is a growth company and generated net sales of SEK 13.3 billion in 2012. MTG’s Class A and B shares are listed on Nasdaq OMX Stockholm’s Large Cap index under the symbols ‘MTGA’ and ‘MTGB’.
The information in this announcement is that which Modern Times Group MTG AB is required to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. It was released for publication at 08:00 CET on 13 September 2013.