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Johannesburg - Retailer Woolworths Holdings [JSE:WHL] on
Friday said it had been included in the Dow Jones Sustainability Index (DJSI)
for the first time.
Woolworths is the only South African retailer and one of
only five South African companies to be listed on the DJSI. Other South African
companies on the list include Sasol [JSE:SOL], the Bidvest Group [JSE:BVT] and the
Nedbank Group [JSE:NED].
Launched in 1999, the Dow Jones Sustainability Indexes are a
family of indexes evaluating the performance of the world's leaders in
sustainability. They are the longest-running global sustainability benchmarks
and provide asset managers with reliable and objective benchmarks to manage sustainability
portfolios.
The DJSI is managed cooperatively by Dow Jones Indexes and
SAM (Sustainable Asset Management).
Woolworths also said it had been recognised as one of the
sustainability champions of the developing world in a report issued by the
World Economic Forum and the Boston Consulting Group.
Woolworths CEO Ian Moir said the group had long held a
deep commitment to sustainability, which it formalised in 2007 with the launch
of its Good Business Journey.
"We have made substantial progress over the past four-and-a-half years, and sustainability remains a key aspect of our business
strategy and a commitment that our staff, our suppliers and our customers
share.
"Through initiatives such as Farming for the Future, our energy and water efficiency programmes and the development of small-scale suppliers we are creating shared value for our stakeholders," he said.
