Samsung Electronics Leads Technology Industry in Dow Jones Sustainability Index Annual Review
SEOUL, Korea--(BUSINESS WIRE)-- Samsung Electronics Co., Ltd. has been named the world’s most sustainable technology company in the 2011 Dow Jones Sustainability Index (DJSI) annual review, reflecting its industry-leading performance across a range of economic, environmental and social criteria.
Samsung received a total score of 86, the highest sustainability assessment of 52 companies listed in the technology supersector, which combines five sectors including semiconductors, communication technology, computer hardware & electronic office equipment. The company led the technology supersector in the Environmental and Economic dimensions – two of the three key sustainability areas assessed.
“Samsung is delighted that our sustainability efforts have been recognized in the Dow Jones Sustainability Index,” Byungsuk Choi, executive vice president and head of the Partner Collaboration Center, Samsung Electronics. “This result is reflection of Samsung’s belief that we can deliver positive value by protecting the environment and contributing to communities in which we operate while generating economic performance.”
Recognizing Samsung’s enterprise-wide eco-management initiatives, the DJSI review particularly highlighted the company’s leadership in Climate Strategy, Environmental Reporting and Product Stewardship. As of the first half of 2011, Samsung has reduced its greenhouse gas emissions at its manufacturing facilities by 38 percent on a sales-normalized basis against 2008 levels, putting it on-track to exceed its target of a 50-percent reduction by 2013. The company also operates recycling and take-back programs in more than 60 countries worldwide, with its Samsung Recycling Direct program now spanning more than 1,150 locations in North America.
In the Economic dimension, Samsung received the technology supersector’s top assessment for Product Quality and Recall Management, Risk & Crisis Management, as well as Customer Relationship Management.
Samsung was first listed in the DJSI in September 2009 and received a gold class listing in the semiconductors sector in September 2010, indicating its total score was within 5 percent of the sector leader.
Launched in 1999, the DJSI is a widely accepted global assessment of the sustainability performance of the world’s leading companies. Selection into the DJSI World is based on a comprehensive analysis of economic, environmental and social performance by Sustainable Asset Management (SAM), an investment specialist group focused exclusively on sustainability investment strategies. For more information on the DJSI, please visit www.sustainability-index.com.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2010 consolidated sales of US$135.8 billion. Employing approximately 190,500 people in 206 offices across 68 countries, the company consists of eight independently operated business units: Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, Digital Imaging, Semiconductor and LCD. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, semiconductor chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
CONTACT:
Samsung Electronics America
Adam Yates, 201-229-4020
ayates@sea.samsung.com
or
Weber Shandwick
Kate Rambo, 212-455-8281
krambo@webershandwick.com
KEYWORDS: Asia Pacific South Korea
INDUSTRY KEYWORDS: Technology Consumer Electronics Hardware Telecommunications Other Technology Semiconductor Mobile/Wireless
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