Industry News

Akzo Nobel Listed in Dow Jones Sustainability Indexes

Published on 2005-09-08. Author : SpecialChem

Arnhem, the Netherlands -- Akzo Nobel, the multinational pharmaceutical, coatings and chemicals company, has been selected as a member of the prestigious Dow Jones Sustainability Indexes, World and Stoxx.

Launched in 1999, the DJSI are the first global indexes tracking the financial performances of the leading sustainability-driven companies worldwide.

Commenting on the company's DJSI World membership, CEO Hans Wijers said: "We are proud to be there. Akzo Nobel has initiated a process to create an organization geared to meeting the demands of the future. We are convinced that doing business in a sustainable manner, is key to our economic success now and in the future. Social responsibility is an integral part of our growth strategy and a cornerstone of our decision-making process."

He added: "With this listing, Akzo Nobel is being acknowledged as a leader in the area of social responsibility. It is also a big compliment to our 62,000 employees across the globe, because through their hard work we are continually improving our sustainability performance."

DJSI World covers the top 10 per cent of the world's biggest companies in terms of economic, environmental and social criteria. The analysis is based on an annual assessment of general and industry specific sustainability criteria undertaken by the SAM Group. The indexes provide asset managers with reliable and independent benchmarks to manage sustainability portfolios.

The DJSI World includes more than 2,500 companies in 58 industry groups across the globe. The chemical sector this year covers 87 companies, of which the best ten - including Akzo Nobel - are selected.

Akzo Nobel's 2004 Corporate Social Responsibility Report - entitled The Path Ahead - can be found at its website.

Source: Akzo Nobel

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