Latvenergo AS receives the Diamond rating of the Sustainability Index for the second year in a row. Receiving the highest possible rating has been facilitated by the implementation of many sustainable development activities, including effective governance, targeted involvement of stakeholders, corporate social responsibility activities, disclosure of non-financial information, green deal solutions for clients and implementation of a growth strategy.

To receive the Diamond rating, the company's management must explain its current contribution and future vision in various aspects of sustainability in an in-depth interview with the experts from the Institute for Corporate Responsibility and Sustainability. To qualify for the Diamond interview, organisations must have received a Platinum rating for at least five years and have a score of at least 90% in each of the five sections – strategy, market relations, work environment, environment and local community.

The Sustainability Index is a management tool developed by the Institute for Corporate Responsibility and Sustainability in line with international standards to help organisations assess the sustainability of their operations and their level of corporate responsibility. This year, 120 Latvian companies, public institutions, municipalities and universities were assessed based on the Sustainability Index.

Additional information:
Jānis Irbe
Group Treasurer
Phone: +371 29 453 897
E-mail: investor.relations@latvenergo.lv

www.latvenergo.lv

About Latvenergo

Latvenergo Group is one of the leading energy suppliers in the Baltics operating in electricity and thermal energy generation and trade, natural gas trade and electricity distribution services. Latvenergo AS has been acknowledged as the most valuable company in Latvia for several times. International credit rating agency Moody's has assigned Latvenergo AS an investment-grade credit rating of Baa2/stable.

Latvenergo Group is comprised of the parent company Latvenergo AS (generation and trade of electricity and thermal energy, trade of natural gas) and subsidiaries - Sadales tīkls AS (electricity distribution), Elektrum Eesti OÜ (trade of electricity and natural gas in Estonia), Elektrum Lietuva UAB (trade of electricity and natural gas in Lithuania), Enerģijas publiskais tirgotājs AS (administration of mandatory electricity procurement process), Liepājas enerģija SIA (generation and trade of thermal energy in Liepaja, electricity generation) and Latvijas vēja parki SIA (development of wind parks in Latvia). All shares of Latvenergo AS are owned by the state and held by the Ministry of Economics of the Republic of Latvia.