Share

SA firms recognised for sustainability

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."

* Follow Fin24 on TwitterFacebookGoogle+ and Pinterest.

 
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.15
-0.7%
Rand - Pound
23.82
-0.6%
Rand - Euro
20.39
-0.5%
Rand - Aus dollar
12.30
-0.5%
Rand - Yen
0.12
-0.6%
Platinum
950.40
-0.3%
Palladium
1,028.50
-0.6%
Gold
2,378.37
+0.7%
Silver
28.25
+0.1%
Brent-ruolie
87.29
-3.1%
Top 40
67,190
+0.4%
All Share
73,271
+0.4%
Resource 10
63,297
-0.1%
Industrial 25
98,419
+0.6%
Financial 15
15,480
+0.6%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders