Danone is delighted to announce the scores of the Dow Jones Sustainability Index 2013 rating, released last week. The group maintains its n°2 position in its sector (Food) with a global score of 87 points – that is a 2-point less only from the n°1 Nestlé and a 4 point progression from last year.
Launched in 1999, the DJSI were the first global indices to track the financial performance of the leading sustainability-driven companies worldwide,
wrote the organisers of the S&P Dow Jones Indices (a provider of financial market indices) and RobecoSAM (a specialist in sustainability investing) when the results were presented. For the 15th year running, Danone participated in this worldwide review, which evaluated more than 1,830 companies’ performances in three areas: economic, environmental and social.
Making up for coming second in the global ranking, Danone has achieved satisfying scores in more detailed elements.
– The global results in economic dimension are good (89 points, while the best performer scored 91), and include for the first time a first position for Health & Nutrition assessment (100 points). The group has also maintained a good performance on Innovation Management, with 95 points, a 3 points less from best score.
– Despite the end of the reduction carbon footprint program (2008-2012), the environmental aspect reached a score of 87 points (10 points less vs best score) and Danone is “best-in-class” in two particular areas: Packaging (100 points) and Raw Material Sourcing (90 points).
– Danone achieves a n°1 position for the overall social dimension, with 84 points, and more specifically for Human Capital Development (100 points). Other high scores were achieved for Occupational Health & Safety, while the ratings for Corporate Citizenship & Philanthropy and Labour Practice Indicators & Human rights have improved.
Over the years, the level of requirement for the DJSI review has become more and more demanding, which encourages Danone to both value its results and strive to constantly improve them. In the words of Guido Giese, Head of Indices at RobecoSAM:
The DJSI have a double impact. They enable investors to integrate sustainability into their portfolios and at the same time they provide an engagement platform that encourages companies to adopt sustainable best practices.
These results are in fact an encouragement for Danone and all its teams all over the world, whose work has allowed to reach this ranking – and will, hopefully, allow to do even better next year!
(Photo from: http://www.upm.com/ © Kaisa Vainikka)