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Dow Jones Sustainability Index includes Clariant again
10
Sep '15
Clariant, a world leader in specialty chemicals, has been included in the Dow Jones Sustainability Index (DJSI) for the third consecutive time, the Swiss company said in a press release.

The most renowned sustainability index listed Clariant in both the DJSI Europe and the DJSI World. The analysts at RobecoSAM confirmed that Clariant is among the top 4 per cent of companies in the global chemical industry when it comes to the economic, environmental and social dimensions of sustainability. The company achieved best in class scores in the categories Innovation Management, Customer Relationship Management, Operational Eco-efficiency and Environmental Reporting.

"For Clariant, sustainability is a prerequisite for being successful in the mid to long term. It's an integral part of our corporate strategy and we will further include sustainability in our businesses, combining customer's needs with own ambitions," said CEO Hariolf Kottmann. "Sustainability is not only our license to operate in the future, it is even more an important element in creating added value for all stakeholders."

With its Portfolio Value Program, Clariant has developed a comprehensive tool to improve its sustainability performance on all levels in a continuous process, focusing also on further sustainability integration within its business and product development activities.

The company recently emphasized its commitment to new sustainability targets, such as sustainable sourcing of palm oil with a focus on traceability, continuous improvement of its product portfolio on all sustainability levels, improvement or replacement of product groups from the portfolio not delivering on the comprehensive sustainability aspects, value chain collaboration, and focusing on all phases of the product life-cycle.

Regarded as one of the world's foremost sustainability indices, the DJSI benchmarks the sustainability performance of leading companies based on environmental, social and economic performance, including forward-looking indicators.

It assesses various criteria, including risk and supply chain management, operational eco-efficiency, product stewardship, human capital development and occupational health and safety. (SH)

Fibre2Fashion News Desk – India

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