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Cemig is selected to feature in the new UN Global Compact index 
  
November 7, 2013
 
 
GC 100 includes companies committed to the compact and performing well in the capital market
Companhia Energética de Minas Gerais - Cemig was selected to be part of an index recently launched by the UN Global Compact, the Global Compact 100 (GC 100), which brings together one hundred worldwide companies committed to corporate sustainability linked to the best performance on the capital market.

Companies were selected based on their compliance with the UN’s ten Global Compact principles dealing with issues relating to human rights and labor practices, environment and fighting corruption, as well as their financial results.
Although GC 100 should not be strictly interpreted as evidence of the relationship between commitment to sustainability and performance on the stock exchange, it does show there is an incredible relationship between them”, states Georg Kell, CEO of the UN Global Compact. “Results suggest that companies with sustainability practices have led to growing interest from investors”, he explains.

The entire selection process was conducted by Sustainalytics, an independent company specializing in research and analysis of services in the field of socially responsible investments.
 
Global Compact
The UN Global Compact brings together over eight thousand signatory companies in over 140 countries committing to align their operations and strategies with the ten universally accepted principles in the human rights areas, labor practices, environment and fighting corruption.

Cemig has been a Global Compact signatory since 2009 and by means of its Annual and Sustainability Report, the company shows how it meets each of the ten Global compact principles, reasserting its commitment to developing society and its initiative to accomplish its activities based on ethical criteria.
For further information on GC100, including the complete list of companies, access:
 
 

Information on Cemig’s participation in the Global Compact can be obtained at the following address:
 
 
 
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