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Scoring high on corporate governance, Coats enters the FTSE4Good UK Index

Coats, the world’s leading industrial thread manufacturer and a major player in the America’s textile crafts market, has entered the FTSE4Good UK Index. The company scored especially highly on the metrics around governance, particularly corporate governance and anti-corruption. Coats’ entry to the FTSE4Good Index comes after its entry to the unrelated MSCI Global Small Cap Index in May 2018. Additonally, in June 2018, Coats marked the one year anniversary of its re-entry to the FTSE 250, having been a founding member of the FT 30 index in 1935.

The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices which are clearly defined and transparently managed. It is used to create financial products which focus on sustainable investment as well as for benchmarking, research and reference.

 

 
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