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Volvo Group Named One of the World’s Most Sustainable Companies By DJSI

Mon September 26, 2011 - National Edition
Construction Equipment Guide

The Dow Jones Sustainability Index (DJSI ) has listed The Volvo Group in its latest ranking of the world’s most sustainable companies. The annual survey ranks the 2,500 largest companies worldwide based on an analysis of the companies’ corporate ethics and environmental and social performance, assessing such issues as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices. The 300 highest-ranking companies, in no specific order, are included in DJSI World.

The Volvo Group received a particularly favorable assessment for the manner in which the company manages environmental issues, labor practices and corporate governance. The group also received a high ranking for its efforts to comply with the group’s code of conduct and anti-corruption policy.

“Sustainability issues span a variety of activities in the group and what we are seeing today is the result of long-term work focusing on integrating CSR [corporate social responsibility] and sustainability issues into our strategy and our day-to-day operations. I regard the results we achieved in DJSI World as confirmation that we are working with the right things,” said Olof Persson, president and CEO of the Volvo Group.

An increased number of funds worldwide are investing primarily in operations and companies that focus on ethical business behavior and sustainability.

“Long-term investors are focusing increasingly on ensuring that the companies they invest in pursue strategic sustainability efforts. Qualifying for DJSI World is regarded by owners, investors and other stakeholders as a seal of quality,” said Christer Johansson, vice president investor relations at the Volvo Group.

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