Coke Added to Dow Jones Sustainability World Index, DSM Leads in Chemicals
DSM has also announced its signing of the 'United Nations Global Compact CEO Water mandate' to underline the company's commitment to water management as part of its sustainability strategy.
4 Sep 2009 --- SAM, the investment boutique focused exclusively on Sustainability Investing, together with Dow Jones Indexes and STOXX Ltd., two leading global index providers, have announced the results of the 2009 annual review for the Dow Jones Sustainability and Dow Jones STOXX Sustainability indexes.
Following SAM’s latest global analysis of corporate sustainability leadership, 33 companies will join the Dow Jones Sustainability World Index (DJSI World), while 33 firms will be deleted – leaving the number of components unchanged at 317. The largest additions to the DJSI World include Johnson & Johnson, Coca-Cola, and Samsung Electronics, while the biggest deletions from this index are National Grid, Mitsubishi Estate, and SABMiller.
In addition, SAM also identified the top company for each of the 19 Supersectors that the 58 sectors roll up to. DSM was the sub-sector leader in Chemicals, while Unilever led in Food & Beverage.
From 2004 to 2006 DSM was named the worldwide sustainability No. 1 in this sector. In 2007 and 2008 it ranked amongst the top leaders in the sector. "We are very proud to have regained the No. 1 position in the Dow Jones Sustainability Index," said Feike Sijbesma, chairman of DSM's Managing Board. "It is a recognition of our continuous efforts in sustainability, as reflected in our performance and transparent reporting. For the coming years, we will continue to pursue our ambition to be a leader in the field of sustainability, which is an important element of our strategy Vision 2010. Sustainability is increasingly important in today's world and especially now, during the economic downturn, it is essential to stay the course and continue in our efforts to contribute to a better world for people today as well as future generations."
DSM innovations are helping to address some of the world's most pressing issues such as climate change, energy consumption and the need for a balanced food and water supply. DSM is committed to delivering value (social, environmental and economic) to all stakeholders and believes that as a company it cannot be successful nor call itself successful, in a world that is failing.
This year, DSM once again took concrete steps to actively reduce its own and its customers' carbon footprint and fight hidden hunger and malnutrition around the world.
DSM has also announced its signing of the 'United Nations Global Compact CEO Water mandate' to underline the company's commitment to water management as part of its sustainability strategy. UN's CEO Water Mandate is a leadership platform that deals with the use and conservation of water worldwide.
"Our theme for the coming years remains sustainable innovations: providing solutions to global societal issues, by manufacturing and selling sustainable products in the value chain. Products that create energy efficiency and help our customers to reduce greenhouse gas emissions, water consumption and/or waste. We will keep working on our performance and reporting, because we firmly believe that the need for sustainable entrepreneurship and transparency is beyond debate. We want to thank our employees for their efforts and commitment to this field and we are convinced this is the way forward," Sijbesma said.
Meanwhile The Coca-Cola Company has made the Dow Jones Sustainability World Index (DJSI World) for the first time ever -- a testament to the Company's ongoing sustainability efforts. Coca Cola, which has consistently appeared in the Dow Jones North America Index and the FTSE4Good Index, is one of only five out of 32 beverage companies in the Dow Jones Global Total Stock Market Index to make the DJSI World Index, joining Coca-Cola Hellenic, Diageo, Heineken and PepsiCo.
