Sandvik has been reconfirmed as a member of the prestigious FTSE4Good Index Series in its semi-annual review 2018. The index measures the environmental, social and governance performance (ESG) of companies worldwide. Sandvik has been a constituent for 14 consecutive years.
”A sustainable business strategy and business model is key to successful corporations,” says Christina Båge-Friborg, Head of Sustainable Business at Sandvik. “We are very proud to be reconfirmed into FTSE4Good, not only because it is one of the most prestigious sustainability recognitions there is, but because ESG performance is truly business critical.”
About FTSE4Good index
Launched in 2001, the FTSE4Good Index Series is a series of benchmark and tradable indexes for ESG investors. The purpose is to provide a tool to identify companies that meet globally recognized corporate sustainability standards. FTSE Russel evaluates companies based on publicly disclosed ESG information, covering more than 300 indicators:
- Environmental affairs: Biodiversity, Climate Change, Pollution and Resources, Supply Chain, Water use
- Social affairs: Customer Responsibility, Health and Safety, Human Rights and Community, Labour Standards, Supply Chain
- Governance: Anti-Corruption, Corporate Governance, Risk Management, Tax Transparency