17 November 2020
GVC Holdings PLC
(“GVC” or the “Group”)
GVC Retains Membership of Dow Jones Sustainability Index
GVC Holdings, the global sports-betting and gaming group, (to be renamed Entain plc) is pleased to announce that it has retained its position as a member of Dow Jones Sustainability Index for Europe (DJSI), following the results of the DJSI’s annual review. The award reiterates the Group’s approach to operating responsibly and its new Sustainability Charter (see notes to editors), which was unveiled on 12 November.
Launched in 1999, the DJSI represents the gold standard for corporate sustainability, tracking leading sustainability-driven companies based on analysis of Environmental, Social, and Governance (ESG) factors as well as S&P DJI’s robust index methodology. Through a consistent, rules-based methodology, the analysis looks at an average of 600 data points per company into one overall score to determine index inclusion. GVC is the only European gambling Group within the index.
In addition to its membership of the DJSI, the Group also recently announced it had retained its position as a constituent member of the FTSE4Good Index as well as independent verification of its global carbon emission by the Carbon Trust. The Group’s commitment to responsible gambling was also recognised last week, with GVC named as Safer Gambling Operator of the Year, at the EGR Operator Awards.
Robert Hoskin, GVC’s Chief Governance Officer said:
“Last week in unveiling our Sustainability Charter, recognising that the most successful companies are the most sustainable. We are committed to pursuing the highest standards of corporate governance, providing outstanding career development opportunities for our colleagues and to supporting the communities in which we operate. We are delighted to have this commitment recognised through our continued membership of the DJSI.”
Manjit Jus, Global Head of ESG Research and Data, S&P Global:
“We congratulate GVC for being included in the DJSI. A DJSI distinction is a reflection of being a sustainability leader in your industry. With a record number of companies participating in the 2020 Corporate Sustainability Assessment and more stringent rules for inclusion this year, this sets GVC apart and rewards your continued commitment to people and the planet.”
David Lloyd-Seed, Director of Investor Relations & External Communications
Tel: +44 (0) 203 938 0000
Tel: +44 (0) 20 7250 1446
Notes to editors
Sustainability: a new charter to ensure our long-term success
On 12 November 2020 the Group unveiled its new Sustainability Charter that is based around five cornerstones:
1. An exclusive focus on regulated markets
2. Continuing to take the lead on responsible gambling
3. Embedding Responsible Gambling into remuneration
4. Pursuing the highest standards of corporate governance
5. Investing in our people and local communities
We are proud to be able to contribute to the wider communities in which we operate, through the Entain Foundation, which is committed to donating £100 million over the next five years including our new Pitching In programme that supports grass roots sports and sports people.
About GVC Holdings PLC
GVC Holdings PLC (LSE:GVC) (to be renamed Entain plc) is a FTSE100 company and is one of the world’s largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group owns proprietary technology across all of its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. The Group has also entered into a joint-venture with MGM Resorts to capitalise on the sports-betting and gaming opportunity in the US. The Group is tax resident in the UK with licenses in more than 20 countries, across five continents.
For more information see the Group’s website: www.gvc-plc.com