Indices and international commitments
We are included in several sustainability indices and support a number of international principles and commitments. This is important recognition of our efforts in the area of sustainable business. It also shows our customers that we are a sustainable supplier, striving to make them more sustainable too.
Dow Jones Sustainability Index (DJSI)
Sandvik is a member of the prestigious DJSI World Index. This means that we are ranked among the top 10% economic, environmental and social performers in our industry globally.
The Dow Jones Sustainability Index (DJSI) was launched in 1999. It assesses the world's 2,500 largest companies and is one of the most respected independent sustainability ranking indices in the world.
The DJSI assessment is extensive and includes a detailed analysis on management practices and performance measures within areas such as corporate governance, risk management, anticorruption, innovation, climate change mitigation, sustainable supplier management and labor practices.
RobecoSAM's "The Sustainability Yearbook"
Sandvik is included in RobecoSAM's "The Sustainability Yearbook". Every year since 2004, The Sustainability Yearbook has listed the world's 15% most sustainable companies in each industry as determined by their score in RobecoSAM's annual Corporate Sustainability Assessment (CSA).
Over 2,100 of the world's largest companies in 59 industries are invited to participate in the CSA each year. This is the seventh time Sandvik has been included in the Yearbook, one of only nine Swedish companies to make it this year.
Sandvik is a constituent of the prestigious FTSE4Good Index Series, an index that measures Environmental, Social and Governance (ESG) performance practices in companies worldwide. This shows that our dedicated sustainability work delivers results.
FTSE (Financial Times Stock Exchange) is, together with DJSI (Dow Jones Sustainability Index), one of the most recognized sustainability indices worldwide. FTSE evaluates companies based on publicly disclosed information in the three ESG-pillar containing over 300 indicators;
- Environmental pillar: Climate Change, Pollution and Resources, Water, Biodiversity, and Environmental Supply Chain
- Social pillar: Labour Standards, Human Rights and Community, Health and Safety, Customer Responsibility, and Social Supply Chain
- Governance pillar: Corporate Governance, Risk Management, Anti-Corruption, and Tax Transparency.
Ethibel Sustainability Index (ESI) Excellence Europe
Sandvik is a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe. The selection by Forum ETHIBEL indicates that we are among the top performers in our sector in terms of sustainability.
Ethibel Sustainability Indices
Forum ETHIBEL's selections are largely based on research, carried out by the European rating agency Vigeo, which is responsible for data collecting and processing, performance analysis and industry benchmarking.
The composition of the indices is reviewed twice a year. The general aim of the periodical review of the index is to ensure that the selection and weighting of the constituents continues to reflect the underlying market or market segment it represents.
Ethibel Pioneer & Excellence Investment Register
In composing the Ethibel Pioneer and Excellence Investment Registers Forum ETHIBEL selects companies playing a pioneering or leading role in their sector in terms of sustainability. The selection is based on a best-in-class approach combined with exclusionary criteria.
UN Global Compact
We are members of the UN Global Compact, a voluntary initiative based on commitment to implement universal sustainability principles and to take steps to support UN goals.
By our participation, we commit to apply the UN Global Compact's ten principles in business strategy and operations around the world, and to catalyze business action in support of UN goals and issues with emphasis on collaboration and collective action.
The UN Global Compact enjoys the support of the United Nations General Assembly and has additionally been recognized in a number of other inter-governmental contexts.
Sandvik has been a member of the GlobalCompact since 2013.
UN Global Goals
We contribute to the following of UN Global Goals.:
- 3. Good health and well-being
- 4. Quality education
- 5. Gender equality
- 6. Clean water and sanitation
- 7. Affordable and clean energy
- 8. Decent work and economic growth
- 9. Industry, innovation and infrastructure
- 12. Responsible consumption and production
- 13. Climate action
- 16. Peace justice and strong institutions
The OECD Guidelines for Multinational Enterprises are recommendations providing the principles and standards for responsible business conduct for multinational corporations operating in or from adhering countries. The Guidelines cover areas such as employment and industrial relations, human rights, environment, information disclosure, combating bribery, consumer interests, science and technology, competition and taxation.