Telenor's Social Report 2004
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Ethical Indexes

Ranking on Ethical Indexes
Based on the company's performance relating to social, ethical and environmental aspects, Telenor has achieved a strong position on prestigious international indexes. The leaders in this area are Dow Jones Sustainability Indexes and FTSE4Good. Telenor was also awarded Storebrand's Best in Class distinction.

         
"Dow Jones Sustainability Indexes" follows a best-in-class approach comprising the sustainability leaders in the investable universe from each industry. Since launch, 51 licenses have been sold to asset managers in 14 countries.   "FTSE4Good Index Series" has been designed to measure the performance of companies that meet globally recognised corporate responsibility standards, and to facilitate investment in those companies.   The "Best in Class"-merke distinction from Storebrand Investments is awarded to companies that meet the highest environmental and social standards from each industry.
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