PSA Peugeot Citroen (shares traded as Peugeot SA) has been added to the FTSE4Good stock index published by FTSE, which creates and manages indices on an international scale. FTSE, which has tightened the environmental and ethical criteria for inclusion in the FTSE4Good index, has confirmed PSA Peugeot Citroen’s compliance with its social responsibility and environmental criteria.
In particular, FTSE came to appreciate PSA Peugeot Citroen’s recent efforts in the area of human rights, as demonstrated by the signature of a worldwide social responsibility agreement and the implementation of a priority action plan designed to support suppliers in their environmental and social responsibility processes.
PSA Peugeot Citroen is leading an active, long-term corporate social responsibility strategy in all of its host countries, underpinned by three core commitments: developing useful, extendable technological innovations to deliver real-world solutions to the challenges of global warming and road safety; the disciplined exercise of its business, social and environmental responsibilities; and the nurturing of trustworthy stakeholder relationships based on ethical values.
Already a part of the ASPI index, the Peugeot SA stock has enhanced its presence in socially responsible investing indexes. Its addition to the FTSE4Good index will take effect after close of trading on Friday March 17.Published 17 March 2006