DS Smith joins FTSE4Good Global Index
DS Smith is delighted to have gained further recognition for its sustainability efforts by being included in the FTSE4Good Global Index.
The FTSE4Good Index Series* measures the performance of companies demonstrating strong environmental, social and governance (ESG) practices. DS Smith was assessed through a wide range of tools, including scrutiny of its operational data, annual reports, as well as the company’s website and media. The company satisfied the FTSE4Good criteria in an index review in June 2017.
Inclusion in this leading index is testament to DS Smith’s high standards of sustainability governance and reporting, and follows the company’s reception of the Pricewaterhouse Coopers’ Sustainability Reporting Award in 2016 for its ‘Sustainable Values’ report. DS Smith’s newly released Sustainability Report for 2017, ‘Shaping the Circular Economy’, continues to promote our good practices and performance on topics such as health and safety, carbon emissions and fibre sourcing.
Rachel Stevens, Head of Investor Relations at DS Smith plc, said:
Being included in the FTSE4Good Index is another sign of our commitment to operation in accordance with the principles of good corporate governance, ensuring we operate ever more sustainably. Inclusion in this recognised index positions us as a leader in sustainability, and demonstrates how we are creating sustainable value for all of our stakeholders.
DS Smith is pleased that customers and stakeholders, both current and future, can identify it as an environmentally and socially sustainable company, setting it apart from other organisations.
In the current arena, as awareness has grown over global warming and climate change, a strong position in the marketplace has trended toward companies that positively impact the environment by reducing emissions and waste, or investing in sustainable or clean energy sources. The FTSE4Good Index grants DS Smith an excellent measure to track our sustainability progress over time, and to report our achievements against the ESG standard.
*FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that DS Smith has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.