Outokumpu retains its position in DJSI STOXX and joins DJSI World

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Press release
7.9.2007 at 3.00 pm

 

Following its latest global analysis of corporate sustainability leadership, SAM announced yesterday that Outokumpu will retain its position in the Pan-European Dow Jones STOXX Sustainability Index (DJSI STOXX) and is also accepted for the first time to the Dow Jones Sustainability World Index (DJSI World).

Says Juha Rantanen, CEO of Outokumpu, "Outokumpu is committed to corporate responsibility with the aim to have all the three aspects - environmental, economic and social - in balance. I'm delighted that our efforts in sustainable development are recognized by SAM with awarding Outokumpu the membership in the two Dow Jones sustainability indexes."

The Dow Jones Sustainability Indexes follow a best-in-class approach and include the sustainability leaders from each industry on a global and regional level. The annual review of the DJSI family is based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change, supply chain standards and labor practices. Half of the assessment measures general sustainability criteria, and half relates to industry specific sustainability issues.

Membership in the Dow Jones Sustainability Indexes will influence the investment decisions of asset managers in 15 countries who have licensed the DJSI family for a variety of sustainability-driven portfolios.

For further information, please contact:

Liisa Jalanko, Manager Corporate Communications,
tel. +358 400 446 663

 

 

SAM (Sustainable Asset Management)

SAM was established in Zurich in 1995 as the first investment group focused exclusively on the integration of economic, environmental and social criteria into investing. The company's services comprise asset management and indexing. In 1999, SAM teamed up with Dow Jones Indexes to launch the Dow Jones Sustainability Indexes (DJSI) - the first benchmarks tracking the performance of sustainability leaders on a global scale. Two years later, European index provider STOXX Limited joined this cooperation to expand the DJSI family with European and Eurozone sustainability benchmarks - the DJSI STOXX and DJSI EURO STOXX. In 2005, the DJSI family grew further with the introduction of the DJSI North America and DJSI United States. The selection of index components follows a rules-based process defined in the DJSI Guidebooks. The analysis is assured by an external auditor. Full details about the design philosophy, review methodology and index components are freely available at www.samgroup.com and www.sustainability-indexes.com.

 

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