Dow Jones Sustainability Index names Adidas leader

20 Sep '18

1 min read

Courtesy: Adidas

Adidas has been named as the leader in in corporate economic, environmental and social dimensions of the textiles, apparel and luxury goods industry on Dow Jones Sustainability Index (DJSI) in a latest review. DJSI evaluates the sustainability performance of the largest 2,500 companies listed in the Dow Jones Global Total Stock Market Index.

Furthermore, the company has been rated industry best in seven criteria: innovation management, materiality, supply chain management, human rights, environmental policy and management systems, operational eco-efficiency and social reporting, Adidas said in a press release.

As part of its sustainability strategy – launched in 2016 – the company translates its sustainable efforts into tangible goals and measurable objectives until 2020. Among its key priorities are using more sustainable materials in its production, tackling the ever-growing issue of water scarcity or the empowerment of its supply chain workers.

The results of the annual DJSI review were announced by RobecoSAM, a global investment group focused exclusively on sustainability investing, in collaboration with S&P Dow Jones Indices. The Dow Jones Sustainability Indices are the longest-running global sustainability benchmarks, a key reference point in sustainability investing for investors and an effective engagement platform for companies which want to adopt sustainable best practices. (RR)

Fibre2Fashion News Desk – India

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