Valmet lands on Dow Jones Sustainability Index for sixth year
By P&PC Staff
By P&PC Staff
Valmet has been listed in the Dow Jones Sustainability Index (DJSI) for the sixth consecutive year for its sustainable business practices.
The pulp and paper technology supplier was listed both in the Dow Jones Sustainability World and Europe indices. The total number of companies included this year in the DJSI World for 2019-2020 is 318.
The comprehensive ranking evaluates companies’ economic, environmental and social performance.
Valmet’s sustainability agenda, called Sustainability360, focuses on five core areas: sustainable supply chain; health, safety and environment; people and performance; sustainable solutions and corporate citizenship.
“Ensuring sustainable business practices is at the core of Valmet’s way to operate. Maintaining our position in the Dow Jones Sustainability Index gives further proof that we have improved our performance in sustainability year by year, as continuous improvement is the key criteria for the inclusion,” says Pasi Laine, president and CEO of Valmet, in a release. “Our systematic sustainability agenda defines concrete actions for the upcoming years, and we have been training our employees so that they understand their role in achieving the targets. Our success is strongly based on the excellent work of all Valmeteers around the world.”
In 2019, Valmet has also received other sustainability acknowledgements. In January, Valmet achieved the best A rating in CDP’s climate program ranking. In February, Valmet was awarded the Bronze Class Sustainability Award in RobecoSAM’s annual Sustainability Yearbook 2019, and in April, Valmet was reconfirmed as a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe.
The DJSI is a sustainability index family, which includes the global sustainability leaders across industries. The company inclusion is based on a best-in-class approach, which means that the indices only include the top-ranked companies within each industry. The index serves as a benchmark for investors, who are committed to ethical investing and review companies’ sustainability performance as part of their analyses.
The annual evaluation, conducted by a Swiss investment specialist RobecoSAM, comprehensively reviews companies’ performance in social, environmental and financial factors.