AST receives the highest Platinum Award in the Sustainability Index for the second year in a row
For the second time, AS Augstsprieguma tīkls received the highest award, the Platinum Award, of the Sustainability Index managed by the Corporate Sustainability and Responsibility Institute, demonstrating the compliance of its corporate responsibility level with the strictest of standards and showing that the company cares about the welfare of its employees and clients.
Varis Boks, Chairman of the AST board said: “Participation in the Sustainability Index has given us the opportunity to look at ourselves from the sidelines, to analyse our processes, and to look for what we can further improve in our operations. During the six years we’ve been participating in the evaluation, we have grown steadily, and for the second year in a row we have received the highest mark. I would like to particularly thank our employees, clients and partners for the achievement of this result.”
AST has participated in the Sustainability Index since 2015. In 2015, we received the Bronze Award, and in 2016 and 2017, the Silver Award, thus becoming a sustainability champion for growing faster than any other of the Index’s participants. We received the Gold Award in 2018 and the Platinum Award last year.
The Sustainability Index has been helping Latvian companies assess their performance and find out about necessary improvements for eleven years. The Sustainability Index is a strategic management tool based on internationally recognised methods that helps companies assess their sustainability and their level of corporate responsibility in five aspects: strategy, market relations, working conditions, society and environment. The partners of this initiative are the Corporate Sustainability and Responsibility Institute, as well as Employers’ Confederation of Latvia and the Free Trade Union Confederation of Latvia acting as national-level social partners.
Companies get the Sustainability Index’s Platinum Award if their Sustainability Index rating exceeds 90%; Gold is awarded to those with an 80 – 89.9% rating, Silver, for 60 – 79.9%, and Bronze, for 40 – 59.9%. This year, 19 companies received a Platinum Award, 14 received Gold, 18 received Silver, and seven, Bronze.