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SA firms recognised for sustainability

Sep 25 2012 14:54 Sapa

Company Data

GOLD FIELDS LIMITED [JSE:GFI]

Last traded 40.08
Change 1.48
% Change 0.04
Cumulative volume 1390588
Market cap 31.07bn

Last Updated: 24/10/2014 at 04:26. Prices are delayed by 15 minutes. Source: McGregor BFA

NEDBANK GROUP LIMITED [JSE:NED]

Last traded 221.40
Change 0.4
% Change 0.00
Cumulative volume 166129
Market cap 110.54bn

Last Updated: 24/10/2014 at 04:28. Prices are delayed by 15 minutes. Source: McGregor BFA

WOOLWORTHS HOLDINGS LIMITED [JSE:WHL]

Last traded 71.43
Change -0.99
% Change -0.01
Cumulative volume 1240587
Market cap 72.49bn

Last Updated: 24/10/2014 at 04:28. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Five South African companies have been included in the Dow Jones Sustainability Index, Nedbank said on Tuesday.

Nedbank Group [JSE:NED], Investec [JSE:INL], Gold Fields [JSE:GFI], Woolworths Holdings [JSE:WHL] and Sasol [JSE:SOL] were included on the index for 2012.

"The sustainability assessment of each organisation invited to participate on the index is extremely rigorous and intensive," said Brigitte Burnett, Nedbank's head of sustainability.

Companies included on the index had fulfilled required sustainability criteria to a greater extent than most of their competitors.

They continued to prioritise maintaining and improving their sustainability actions, she said.

"Nedbank places a priority on being a sustainability-driven organisation," she said.

"Our continued inclusion, and improved performance, on the index serves as confirmation of the effectiveness of this strategy."

The Dow Jones Sustainability Index tracks and compares the performance of included companies against economic, environmental and social sustainability criteria.

Investors are offered a clear view of organisations which place these sustainability considerations at the heart of overall business strategies.

Last week, Woolworths said it was honoured by the recognition.

"We can now show that sustainability makes business sense by saving, for example, energy, water and fuel," said spokesperson Justin Smith.

"We have saved over R135m through sustainable initiatives between 2008 and 2012.

"We've also learnt that together with customers, suppliers and business partners, we can deliver greater sustainability, to benefit both the environment and the people we support through our business."

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