OTE is included for the 16th consecutive year in the international sustainable development index FTSE4Good Emerging, with consistently high ESG performance. Following an evaluation by FTSE Russel, it was ranked for 2024 in the 5% of telecommunications companies with the highest score, consistently surpassing the M.O of the corresponding scores per ESG pillar. FTSE4Good Emerging includes 713 leading companies from various sectors and 40 industry companies
of telecommunications in recognition of their significant achievements in environmental matters,
society and corporate governance (ESG).

Regarding OTE’s participation in the FTSE4Good index series, Ms. Depi Tzimea, Executive Director of Corporate Communication and Sustainable Development of OTE Group, said: “OTE’s inclusion in the FTSE4Good index series is a recognition of the practices of integrating sustainable development into our business strategy. Through the application of ESG criteria and with technology as an ally, we manage to reduce our carbon footprint and
we increase our positive impact on society and the environment. Sustainable development is not just another option, but an integral part of our operation, both for the development of OTE and for the sustainability of the planet.”
OTE Group’s commitments and actions on sustainable development are focused on 4 strategic priorities, which are aligned with those of Telekom Group: Climate Neutrality, Circular Economy, Inclusion and Equal Opportunities at Work, Digital Society for All. The results of OTE Group’s actions have been recorded in the 2023 Unified Sustainable Development Report.

The results of FTSE Russell’s assessments of successful index companies are communicated by FTSE Russell to international investors, who are increasingly incorporating environmental, social and governance considerations into key benchmarks.
OTE responds to analyst assessments and participates in a series of sustainable development indicators, such as: “Prime” Corporate ESG Performance in ISS-ESG, MSCI ESG Research, CDP on Climate Change, 2023 Bloomberg LP Gender-Equality Index (GEI) and index of the Athens Stock Exchange ATEX ESG.

About the FTSE4Good indices

The Financial Times Stock Exchange4Good (FTSE4Good) index series was created by FTSE Russell (brand of the joint venture between FTSE International Limited and Frank Russell). The FTSE4Good indices are used by many market participants to create and evaluate socially responsible investment funds and other products. The assessment criteria are determined by FTSE Russell’s independent ESG Advisory Committee, which is made up of senior investment market professionals and other leading experts from various sectors including academia, non-governmental and intergovernmental organisations, companies and trade unions. This helps to ensure that the ESG Ratings methodology and associated index products, including the FTSE4Good index series, evolve to the highest industry standards and continue to meet market needs.