Kellogg's and Mondelez named in Dow Jones Sustainability Index

c561aecd-a96f-4361-9d34-a32f2c5feae4articleimage.jpg

14 Sep 2017 --- The Kellogg Company and Mondelez International have both been named in the Dow Jones Sustainability Index, an independent validation of the important work the food giants are carrying out in the area of corporate responsibility. The DJSI serves as a benchmark for investors who recognize sustainable business practices as a critical component to generating long-term shareholder value.

Through environmental, social, governmental and ethical-centered efforts, Kellogg has earned its spot in the US and globally, as one of the best-in-class corporations for sustainable business practices.

“This recognition reflects the tremendous work we have done in the areas of governance, environmental sustainability, and giving back to our communities. We pride ourselves in our ability to deliver for the business, while being a company with a heart and soul, and living our founder's values,” says John Bryant, Chairman and CEO.

“Being recognized for our leadership with DJSI reinforces to investors that our foods and brands are driving sustainability while delivering growth for the company. Kellogg is excelling in supporting nutrition, environmental and social initiatives with innovations like Ragi Chocos in India, partnerships with retailers like Walmart on sustainable agriculture, and our continued efforts through Breakfasts for Better Days, our signature cause platform,” adds Clive Sirkin, Chief Growth Officer.

Meanwhile, Mondelez International's overall score was in the 92nd percentile of its industry. The company also achieved perfect scores of 100 in environmental reporting and health and nutrition.

“We're proud of our continued strong performance in the DJSI World Index,” said Christine McGrath, Chief Sustainability, Well-Being and Public & Government Affairs Officer. “Our company's future success is rooted in helping people snack in balance and enjoy life. People want snacks that are made with less energy, water, and waste; in safe working environments for employees and suppliers; and with ingredients they know and feel good about.”

For the 2017 assessment, the world's largest 3,500 companies from developed and emerging markets were invited to take part. Only companies scoring among the top 10 percent per industry were eligible for the World Index, while companies in the top 20 percent per industry were eligible for the North America index.

Launched in 1999, the DJSI World Index is the first global index to track and rate companies on a variety of environmental, social and governance factors. A cumulative score determines inclusion in the DJSI.

In this year's survey, Kellogg received high scores for its work in improving access and nutrition, environmental sustainability, and philanthropy. Progress in these areas include:

  • Expanding its product portfolio to address hidden hunger by increasing affordability and access in emerging markets;
  • Continuing industry leadership on diversity and inclusion;
  • Progressing on the company’s Science Based Targets on emissions for its global footprint, including its supply chain; to date, the company has engaged 60 percent of its supplier spend on emissions reporting;
  • It is reaching 294,000 farmers through programs, research and technical assistance focused on climate smart agriculture;
  • Kellogg was one of the first US-based companies to join Champions 12.3 and to become a US Food Loss and Waste champion;
  • Creating three billion better days through Kellogg's Breakfasts for Better Days signature cause platform.

Golden Agri-Resources also included in Dow Jones Sustainability Indices 
Golden Agri-Resources (GAR) has been included in the 2017 Dow Jones Sustainability Indices (DJSI) (Asia-Pacific) in recognition for its corporate sustainability leadership within its industry. This marks the first time that GAR is made a member of the DJSI which was launched in 1999. GAR is the only Southeast Asian palm oil company to be included in the Food, Beverage and Tobacco sector in Asia-Pacific. It is also one of five Singapore-listed companies in the index.

“We are proud to achieve international recognition for the efforts and resources we have put into ensuring responsible palm oil production. This will help spur us to continue to make sustainability an integral part of how we do business,” says Agus Purnomo, Managing Director of Sustainability and Strategic Stakeholder Engagement.

“Achieving membership of the DJSI is a significant milestone for us and demonstrates that GAR is serious when it comes to implementing responsible palm oil practices. Through our active participation in the assessment for DJSI, we are also trying to align what we do with global best practices,” said Rafael B. Concepcion Jr., Chief Financial Officer.

Other food and drink operating companies from around the world that are included in the 2017 DJSI are: 
• Koninklijke Ahold Delhaize NV
• Ajinomoto Co Inc
• Campbell Soup Co
• Coca-Cola European Partners PLC
• Coca-Cola HBC AG
• Danone SA
• Grupo Nutresa SA
• Hershey Co
• Nestlé SA
• Thai Beverage PCL
 

To contact our editorial team please email us at editorial@cnsmedia.com

Related Articles

Food Ingredients News

Weekly Digest: Univar becomes a signatory of the UNGC, Mars Wrigley & Kellogg announce leadership shake-up

15 Jun 2018 --- This week in business, Univar became a signatory of the United Nations Global Compact (UNGC), the world's largest corporate sustainability initiative, DuPont Nutrition & Health is working to ensure its products are produced in ways that protect the ecosystems and communities in which the business operates. Mars Wrigley Confectionery has promoted its current Chief Marketing and Customer Officer, Andrew Clarke, to the role of Global President and Kellogg has announced two leadership changes to help drive the company's growth strategy in the North American and European regions. Also this week, Symrise subsidiary Cobell has unveiled an upgraded Beverage Centre of Excellence in Exeter, UK.

Food Ingredients News

Convenience factor (Part 2): Plant-based opportunities for easy eating occasions

17 May 2018 --- Health-minded consumers have been particularly keen to embrace a vegan way of life and therefore inspire product development in the prepared meals space. The trend has not gone unnoticed in the UK on the retailer front, the number of those cutting back on animal products and following a plant-based diet is set to increase by 10 percent this year, according to Tesco.

Food Ingredients News

Major milestone: Kalsec receives rating for sustainably sourced US crops

17 May 2018 --- As a first milestone since joining the SAI (Sustainable Agriculture Initiative) Platform in 2017, Kalsec has worked with its US growers to implement SAI Platform’s FSA 2.0 tool (Farm Sustainability Assessment). The FSA 2.0 tool evaluates sustainable farming practices covering environmental, economic and social aspects and is a widely recognized assessment in the food and beverage industry.

Food Ingredients News

Weekly Digest: Unilever celebrates sustainable living brands, Carlsberg launches alcohol-free beer

11 May 2018 --- This week in business, Unilever revealed its fourth consecutive year of growth for its ‘sustainable living’ brands and Nestlé Waters invested CHF 25 million (US$24.9 million) modernization of its bottling site at Henniez, Switzerland. Meanwhile, Solina has announced the completion of the acquisition of Essential Cuisine Limited. Univar has appointed David Jukes as the Company's president and CEO and Chr. Hansen has agreed with Klaus Bjerrum to take up the position as Executive Vice President of Natural Colors Division. Brewing giant Carlsberg launched a new alcohol-free beer brand Birell, as a response to increasing consumer demand in the category and both ADM and Kemin Nutrisurance are expanding in pet health and nutrition.

Business News

Raisio’s Q1 net sales reach €67.8m as company focuses on healthy food 

07 May 2018 --- Finnish food group Raisio has published its interim report for the first quarter of 2018 stating net sales of €67.8 million while comparable EBIT was €7.4 million, accounting for 10.9 percent of net sales. The company, which is behind the brands Benecol, Elovena, Nalle and Sunnuntai, has gone through some group structure renewals, including two divestments in confectionery and cattle feeds business. 

More Articles