OSLO, Norway (16 May 2022) - TGS, a global provider of energy data and intelligence, is now listed in the Oslo Børs (Euronext Group) OBX ESG Index which identifies the top 40 blue-chip companies that demonstrate the best Environmental, Social and Governance (ESG) practices.
Whitney Eaton, EVP of People and Sustainability at TGS, commented, “We are extremely pleased to be included in the OBX ESG Index along with these other top-tier companies in Norway. We have consistently demonstrated our commitment to incorporating sustainable practices into how we operate and appreciate the recognition of these efforts.”
ESG assessment of companies is provided by Sustainalytics, a Morningstar Company and a leading global provider of ESG research, ratings and data. Sustainalytics’ ESG assessment currently ranks TGS as #1 out of 112 companies around the world in the Energy Services Industry.
The launch of the OBX ESG index follows the successful launch of the French CAC 40® ESG Index, the Italian MIB® ESG Index and the announcement of the launch of AEX ESG in Amsterdam by Euronext Group.
The entire release from Euronext can be found here: https://www.euronext.com/en/about/media/euronext-press-releases/euronext-announces-launch-obx-esg-index-family.
The full methodology for the OBX® ESG can be found in the rulebooks available at: https://live.euronext.com/en/products-indices/index-rules.
For more information about TGS’ ESG efforts and reporting, view our 2021 Sustainability Report.
TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions. For more information, visit TGS.com. For the latest news, follow us on LinkedIn (linkedin.com/company/tgs_220114).
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With close to 2,000 listed issuers and around €6.6 trillion in market capitalisation as of end March 2022, it has an unmatched blue chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs. For the latest news, go to euronext.com or follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).
Jaclyn Townsend (USA)
Cathrine Lorvik Segerlund (Oslo)
+47 41 69 59 10