Sandvik has been reconfirmed as a member of the prestigious FTSE4Good Index Series, which measures the environmental, social and governance (ESG) performance of companies worldwide. Sandvik has also been included in the world-renowned RobecoSAM Sustainability Yearbook for the eighth consecutive year.
”This recognizes the performance of our sustainable business practices which we continuously strive to develop further to reach profitable and sustainable growth. Hence, we are very pleased to be reconfirmed”, says Christina Båge-Friborg, Head of Sustainable Business at Sandvik.
About FTSE4Good index
The FTSE4Good index is one of the most recognized sustainability indices worldwide. The purpose is to provide with a tool to identify companies that meet globally recognized corporate sustainability standards.
FTSE (Financial Times Stock Exchange) evaluates companies based on publicly disclosed information in the three ESG-pillar containing over 300 indicators;
- Environmental pillar: Biodiversity, Climate Change, Pollution and Resources, Supply Chain Environment, Water use
- Social pillar: Customer Responsibility, Health and Safety, Human Rights and Community, Labour Standards, Supply Chain Social
- Governance pillar: Anti-Corruption, Corporate Governance, Risk Management, Tax Transparency
About The Sustainability Yearbook, RobecoSAM
RobecoSAM's "The Sustainability Yearbook" lists the world's 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 eighth time Sandvik has been included in The Sustainability Yearbook.
Eligibility for inclusion in The Sustainability Yearbook is determined by two parameters. Firstly the sustainability scores derived from the CSA, and secondly, a qualitative screen based on RobecoSAM's Media & Stakeholder Analysis evaluating a company's response to critical sustainability issues.