GVC secures double CSR certification

first_img“These are two significant measures of our commitment to operating GVC to the highest standards of environmental, social and governance practices,” GVC chief executive Shay Segev said. CSR 16th October 2020 | By Robert Fletcher GVC secures double CSR certification “We are delighted with the progress that we have made in these areas and are committed to driving further improvements throughout our business.” GVC Holdings has revealed it was able to retain its position in the FTSE4Good Index Series, and also secured independent verification of its carbon emissions data from the Carbon Trust. Email Address This covered governance, including risk management, corporate governance and anti-corruption, as well as social practices encompassing human rights, labour standards and health and safety, and also environmental commitments such as energy usage and waste management. Last week, GVC also raised its earnings guidance for 2020 after reporting a 12% year-on-year rise in net gaming revenue for the third quarter of 2020. GVC said it now expects its full-year earnings are now expected to reach £50m. Tags: GVC CSR The verifications come after GVC this week became one of the first operators to secure a new sports betting licence from the Regional Council of Darmstadt in Germany. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Social responsibility CSR GVC kept its place in the index after an independent assessment, which looked at its practices and public documents against a series of criteria related to ESG. Gauselmann Group’s Cashpoint brand and Tipwin were also among the first recipients of the new licences. The FTSE4Good Index Series is a scheme designed to measure the performance of companies demonstrating strong environmental, social and governance (ESG) practices. Meanwhile, the Carbon Trust, a group focused on helping organisations reduce their carbon emission and implement resource efficiency strategies, verified GVC’s 2019 emissions data, after it presented a 10% reduction on the prior year. GVC said it will now seek to build on this verification by working with the Carbon Trust to also secure its Carbon Management Standard, which would demonstrate further progress against the operator’s objective of reducing its environmental impact. Subscribe to the iGaming newsletterlast_img

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