Warsaw Stock Exchange introduces the Respect Index

Warsaw Stock Exchange introduces the Respect Index


On 19 November 2009, the Warsaw Stock Exchange announced the Respect Rating – a ranking of socially responsible WSE-listed companies – and started publishing the Respect Index.

“It is an important day from the perspective of the development of the Warsaw Stock Exchange during the past couple of years. Today, we initiate the project of promoting responsible management in WSE-listed companies and measuring it through a special-purpose index. The activities of a modern enterprise take into account relations with shareholders, business partners, stake holders as well as the community.” – said Mr Ludwik Sobolewski, WSE President & CEO, during a seminar that inaugurated the Respect Rating and Index.

“Securities exchanges have a very important role to play – that of leaders in establishing responsible business standards. Today’s launch of the Respect Index marks the beginning of a great adventure and a great challenge for us.” – Ms Eliza Durka, WSE Marketing Communications Office Director, said.

The Respect Index measures the performance of companies that were classified as socially responsible in the survey. It is an income index, taking into account corporate actions such as dividends and rights issues. Sixteen companies that received the highest rating in the survey were included in the composition of the Index:

  • Barlinek SA
  • Ciech SA
  • Citi Handlowy
  • Grupa LOTOS SA
  • ING Bank ?l?ski SA
  • KGHM Polska Mied?
  • Mondi ?wiecie SA
  • PGNiG SA
  • Telekomunikacja Polska SA
  • Zaklady Azotowe w Tarnowie – Moscicach SA
  • Zaklady Magnezytowe „ROPCZYCE” SA