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Adidas in Dow Jones Sustainability Indices for 20 years

16
Sep '19
Pic: Adidas
Pic: Adidas
Adidas, a global leader in sporting goods industry, has been included in Dow Jones Sustainability Indices (DJSI) for the twentieth time in a row. This year also marks the twentieth edition of the globally recognised indices, which evaluate the sustainability performance of the largest 2,500 companies listed in the Dow Jones Global Total Stock Market Index.

The comprehensive assessment considers factors such as corporate governance, risk management, climate change mitigation, labour and environmental standards both within the company and with its suppliers, as well as innovation management.

In addition to being again included in the indices, Adidas was ranked best in its industry in the criteria of brand management, information security/cyber security & system availability, environmental policy & management systems, operational eco-efficiency, social reporting and talent attraction & retention.

In the current period of its sustainability strategy, the sporting goods manufacturer is pursuing tangible and measurable targets up to 2020. Key priorities include the use of more sustainable materials for products, tackling water scarcity in manufacturing countries and further improving working conditions in the supply chain. Adidas has not used plastic bags in its own stores since 2016, sources only sustainably produced cotton since 2018 and presented the world's first fully recyclable running shoe this year. From 2024 onwards, only recycled polyester will be used in every product and on every application where a solution exists.

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 DJSI 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. The annual review of the companies included in the DJSI is based on a thorough analysis of corporate economic, environmental and social performance. (PC)

Fibre2Fashion News Desk – India


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