Environment & Sustainability
Weyerhaeuser named to Dow Jones Sustainability Index
October 8, 2007 By Pulp & Paper Canada
Federal Way, WA — Weyerhaeuser Company announced that it has been named to the Dow Jones Sustainability Index (DJS…
Federal Way, WA — Weyerhaeuser Company announced that it has been named to the Dow Jones Sustainability Index (DJSI), North America — the only North American forest products company in the industry category of basic materials to be so named.
Launched in 1999, the DJSI tracks the market performance of sustainability-driven companies worldwide. Selection of index components is based on an assessment of general and industry-specific criteria, and the process is externally audited. The annual review is based on a detailed evaluation of corporate performance in the economic, environmental and social spheres, including issues such as corporate governance, risk management, labour practices and branding. The DJSI results provide asset managers around the world with reliable and objective benchmarks to manage sustainability-driven investment portfolios.
Earning a place on the DJSI is considered a sign of a company’s financial, environmental and social strength. It is a credible indicator about how sustainability is being defined and practiced.
“Sustainability is a core value at Weyerhaeuser. In all we do, from renewing our forests, to reducing the environmental footprint of our manufacturing operations, to building homes, to recovering paper for recycling, Weyerhaeuser strives to act sustainably,” said Seven R. Rogel, Weyerhaeuser’s chairman, president and CEO. “We are gratified to be a member of the Dow Jones Sustainability Index.”
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