Gulf Industry News
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Lanxess makes it to Dow Jones indices for 8th time

Specialty chemicals company Lanxess said it has once again made it to the Dow Jones Sustainability Indices this year.

The composition of the Dow Jones Sustainability Indices is determined once a year based on financially relevant environmental, social and governance factors.

Only the best 10 per cent of the global companies analysed in each sector are included in the DJSI World, while the best 20 per cent of companies headquartered in Europe are included in the DJSI Europe.

The indices provide institutional investors with guidance on investments that focus on sustainability Socially Responsible Investing (SRI).

Starting from September 24, Lanxess will be listed in the Dow Jones Sustainability Index (DJSI) World for the eighth time in a row, said a statement from the company.

The group will also be included in the DJSI Europe again, it stated.

This year, the company achieved particularly good results in the areas of operational eco-efficiency, product stewardship, and human capital development, it added.
 
Chairman Matthias Zachert said: “A sustainable strategy requires an appropriate balance between economic, ecological and social aspects. We are continuously working on this.”

“We see the renewed inclusion in both indices as an acknowledgment of our efforts in this area,” he added. – TradeArabia News Service




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