Novozymes, a Danish company with a lab in Davis, has received a gold ranking in the Dow Jones Sustainability Indexes for the second time in two years.
On Monday, the investment group Sustainable Asset Management published its 2011 Sustainability Yearbook, a guide to the world’s leading companies in terms of sustainability, on behalf of the Dow Jones Sustainability Indexes. The best-performing companies across all sectors receive a SAM Gold rating award, a news release said.
“For Novozymes, the gold ranking gives widely acclaimed third-party recognition of the professionalism with which the company approaches its sustainability goals,” the news release said. “Today’s gold ranking comes in addition to Novozymes achieving the rank of Sector Leader in nine previous years.”
Because the Dow Jones Sustainability Indexes are widely recognized, have an 11-year track record, and measure sustainability performance within more than 20 areas across economic, social and environmental dimensions, “the indexes provide an excellent benchmark for Novozymes,” the company said.
To be included in the Dow Jones Sustainability Indexes requires that a company is using sustainability in a strategic way that is integrated with the business and creates value far beyond mere regulatory compliance.
Novozymes said it is “committed to demonstrating sustainability leadership by making sure that the company identifies developments on the sustainability agenda that are relevant for the business and organization.”
“Sustainability will become an increasingly important growth driver and define markets, and it is Novozymes’ long-term ambition to be recognized as a company that demonstrates leadership and sets the standards when it comes to sustainability.”
Novozymes scored especially high this year within the environmental dimension, in stakeholder engagement and in business ethics. All of these are areas in which SAM, on behalf of Dow Jones, has evaluated that Novozymes has a clear organizational setup and procedures in place and a well-organized, consistent approach that is aligned with the business strategy.