AkzoNobel Ranks Second in Dow Jones Sustainability Index
September 9, 2009
AMSTERDAM, the Netherlands - AkzoNobel has again been recognized as one of the industry leaders on the Dow Jones Sustainability World Indexes (DJSI), reflecting the company's commitment to improving its sustainability performance.
In the latest listing, AkzoNobel placed second in the Chemicals super sector with a score of 87 percent, two percent behind DSM in first place. The company had a second-place ranking in 2008 and a first-place ranking in 2007.
Listed on the DJSI for the last five years, AkzoNobel has systematically reinforced its commitment to sustainability. This was emphasized late last year when 50 percent of the long-term incentive scheme for all executives was directly linked to the company's ranking on the influential DJSI index.
Other recent developments have included the introduction of a unique company-wide cradle-to-gate carbon emission reduction program and the integration of sustainability reporting into the AkzoNobel 2008 Report.
The DJSI World Index benchmarks the sustainability performance of leading companies based on environmental, social and economic performance, including forward-looking indicators.