This is the conclusion of the latest edition of Reporta, which gives a positive appraisal of the effort made by the company in the field of transparency. The study, published by the agency Deva, makes an annual analysis of the quality of the information that companies listed on the Madrid Stock Exchange General Index (IGBM) provide to their shareholders and stakeholders.
In its second year in the ranking, Dominion considerably improved its score in the overall table. It was been awarded a total of 67.8 points over 100 -an increase of 11.3 points- and gained 15 positions against last year. Dominion is now in 35th position of the 122 companies listed on the Spanish stock market that were analysed.
Reporta evaluates the efforts made by listed companies to communicate beyond the mere fulfilment of legal obligations. The overall ranking is obtained based on the scores achieved by the companies through 36 indicators grouped under four main principles: transparency, commitment, relevance and accessibility.
A firm commitment
Dominion’s rise in the ranking reaffirms the company’s commitment to incorporate transparency into all its communications, be they internal or external. Indeed, one of the company’s objectives is to implement actions that foster improved accessibility to information to maintain a transparent relationship with investors and analysts.
Within the framework of its transparency policy, Dominion develops initiatives to improve its communication beyond legal obligations and takes into account the increasing importance that non-financial information such as RSE or environmental and social responsibility are gaining amongst stakeholders.
Following its flotation in April 2016, the company produced -for the first time- a Comprehensive Annual Report containing both general and financial information as well as aspects related to corporate social responsibility during the 2016 financial year. This report was positively appraised in Reporta 2017, placing the company in position 50 out of 118.