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WOOLWORTHS AND THE DOW JONES SUSTAINABILITY INDEX
September 17, 2012
Five South African companies have been included in the world’s most respected sustainability index, the Dow Jones Sustainability Index (DJSI) his year. Woolworths remains the only South African retailer and one of only five South African companies to be listed on the DJSI. Other South African companies on the index are Goldfields, Investec, Nedbank and Sasol. This recognition follows a full assessment of economic, environmental and social performance against that of their global counterparts. The DJSI tracks the performance of the leading sustainability-driven companies worldwide. It helps investors to consider sustainability in their portfolios while encouraging other companies to do the same. There is about USD 6 billion under management in 15 countries as a result of the index. “We are incredibly honoured by this recognition. We’ve learnt a lot since the start of our Good Business Journey in 2007. We can now show that sustainability makes business sense by saving, for example, energy, water and fuel. We have saved over R135 million through sustainable initiatives between 2008 and 2012. We’ve also learnt that together with customers, suppliers and business partners, we can deliver greater sustainability, to benefit both the environment and the people we support through our business,” said Justin Smith, Head of Sustainability at Woolworths. Ends Notes to editor: 1. Dow Jones Sustainability Index (DJSI) http://www.sustainability-indexes.com/ 2. Dow Jones Sustainability Index (DJSI): The History Launched in 1999, the DJSI are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. The DJSI enable investors to integrate sustainability considerations into their portfolios while providing an effective engagement platform for encouraging companies to adopt sustainable best practices. Today, the index family has approximately USD 6 billion in assets under management in a variety of financial products including mutual funds, separate accounts, structured products and exchange-traded funds (ETFs).
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