Thanks to its consistent performance in the area of Sustainability, BES has obtained the following results:
BES IS THE FIRST PORTUGUESE BANK IN THE DOW JONES SUSTAINABILITY INDEXES
Banco Espírito Santo is the first Portuguese bank to join the Dow Jones Sustainability Indexes (DJSI), the global leading sustainability benchmark. BES will join the selected group of 15 banks listed in the DJSI Europe.
BES obtained a total of 79 points in the selection process; well above the 53 points average for the banks being evaluated.
Following a best-in-class approach, the DJSI measures the performance of the world’s sustainability leaders, being a reference benchmark for the capital markets. The over USD 8 billion assets under management linked to the DJSI demonstrates the relevance of the benchmark for asset managers and asset owners, who wish to reflect their sustainability convictions within their portfolios.
BES was already the only Portuguese bank listed in the Footsie4Good, another benchmark for the leading sustainable companies. However, the admission in the DJSI, the most demanding classification in terms of sustainable performance at a global level, reflects BES increasing commitment to integrate sustainability criteria in the Bank’s management and activity.
BES consistent, transversal and in-depth work in sustainability and in social responsibility has granted the leading role in the Portuguese Banking Sector; as well as international recognition, materialised in the bank’s ranking in both DJSI and FTSE4Good.
Independent and external recognition as sustainability leaders assumes a key factor for BES stakeholders, namely institutional investors, shareholders, clients and workers, whose concern and orientation towards sustainability and social responsibility values is growing.
BES is investing in the reduction of the carbon footprint, increasing portfolio of products that take in consideration financial inclusion criteria and/or environmental concerns, as well as taking a relevant contribution in renewable energy and biodiversity conservation.
About Dow Jones Sustainability Indexes
The Dow Jones Sustainability Indexes were launched in 1999 as the first global sustainability benchmarks tracking the stock performance of the world's leading companies in terms of economic, environmental and social criteria. The companies listed in the DJSI are classified as best-in-class on long term value creation for shareholders, in terms of economic, environmental and social standards, with a special focus on the management of industry specific risks.
The DJSI comprises global and regional benchmarks including European, North American, and Asia Pacific indexes.
The DJSI criteria allows investors a professional and objective instrument to measure their portfolios performance according to their particular investment objectives
Since 2007 BES was the first Portuguese bank to be included in the FTSE4Good sustainability index, the acclaimed sustainability index, reinforcing its positioning as a socially responsible institution.
World leader in financial consulting in the renewable energy sector.
Banco Espírito Santo de Investimento (BESI) reached the first place in the world in financial consulting in the renewable energies sector according to the “Infrastructure Journal”.
Winner of the Sustainability Prize 2010/2011
The objective of the prize is to give public recognition to the organisations that embraced the challenge of sustainable development, to identify and reward leading practices in Portugal, to raise awareness on sustainability within the business community, general government administration and civil society and to promote benchmarking and comparative analysis between companies of different categories and sizes.
Winner of the 2010 Enterprise and Organization Citizenship Award for the Banking sector
BES was recognised for its work in the area of Sustainability as the Portuguese bank with the best performance in the articulation between social, environmental and economic issues, in a survey conducted by PricewaterhouseCoopers and the Portuguese Business and Management school, AESE.
BES Angola Bank of the Planet Award
This distinction is awarded by the International Committee for the Development of Planet Earth, coordinated by the UN, for the Bank’s work in various projects in the area of sustainability in Angola.
Financial Times Awards - Sustainable Bank of the Year 2009
BES was classified among the Top Ten of this acclaimed international prize which recognises banks and other financial institutions for their leadership and innovation in the integration of environmental and social issues and considerations on governance in this sector of activity.
Financial Leader in the Engagement Rating Portugal 2010
In 2010, BES was elected as the leader in the financial sector in Portugal, and was classified in 2nd place in this same sector in the Iberian Peninsula, in a rating that has the objective of evaluating organizations’ involvement with stakeholders.
BES Sector Leader in Portugal in 2010
BES Sector Leader in Portugal in 2010- Banco Espirito Santo was voted leader in the financial sector and second place in overall ranking of the in Sustainability Observatory, an analysis involving 51 companies. The Sustainability Observatory is a project initiated by the BCSD Portugal, developed in collaboration with the Research Group on Strategic Approaches to the Environment and Sustainability of a Portuguese University, between July 2009 and March 2010. This project aims to promote the competitiveness for sustainability, increasing knowledge and public disclosure on the impact of economic, social and environmental in the sustainable development of the country.
Carbon Disclosure Project
Banco Espírito Santo (BES) leads the fight against climate change in the financial sector in a universe of 125 companies analysed in the Iberian Peninsula, according to an analysis by the Carbon Disclosure Project (CDP), a not-for-profit organization that evaluates CO2 emissions and companies’ procedures to address the demands of a low carbon economy.
According to the Carbon Disclosure Project Iberia Report for 2012 (CDP), BES reached a classification of 94 percent, 12 percentage points up on 2011, an outstanding position among other companies in the financial sector, the average for which was 52 percent, making it the only financial institution in the Iberian sample to be included in the Carbon Disclosure Leadership Index (CDLI), an index that only contemplates 12 companies.