An Index to measure Sustainable Governance

TopLegal and ETicaNews, in association with Medthods, Nedcommunity and Sodali, have launched the FTSE-MIB Integrated Governance Index, the first-ever annual study of the 40 public companies listed on the Italian FTSE-MIB index, to assesses the level of integrated governance among Italy’s major companies.

The Research

The FTSE-MIB Integrated Governance Index is based on the outcome of three parallel research projects. The first involves the companies themselves which were invited to participate in a quantitative survey. The results of the survey will provide scores for each of the companies in order to create a ranking (the “Index”). The second research involves a qualitative survey of independent non-executive company directors to compare current best practice with actual boardroom culture. Finally, the third research gathers the perceptions of institutional investors in relation to the level of integrated governance within Italian companies.

The Concept

Owing to the complementary expertise of its sponsors, the FTSE-MIB Integrated Governance Index draws on guidelines for integrated reporting and strategy set out by international organizations. Integrated governance is becoming a crucial factor for corporations seeking to transform their approach with a view to future sustainability. Integrated governance is a complex concept in which compliance concerns intersect with issues of reporting, strategic positioning and relations with stakeholders.

The Conference

The sample of FTSE-MIB companies will be surveyed from January 2016 by means of a password-protected questionnaire available online. Two other qualitative surveys will be launched simultaneously. The data for the three surveys will be gathered and analyzed between February and March 2016. The study will be unveiled at a national event, the Integrated Governance Index Conference, to present the results and best practices.

The Sponsors

TopLegal is the leading Italian publisher for the business legal services market
ETicaNews is the principal publication for SRI finance and the sustainable economy
Methodos specializes cultural change programmes and integrated thinking
Nedcommunity is the Italian association of non-executive and independent directors
Sodali specializes in corporate governance, investor relations, shareholder meeting and cross-border deals