September 15, 2011
Metro Group has again been admitted to the internationally renowned Dow Jones Sustainability Index World, specifically recognized for its commitment to “the economic dimension of sustainability.”
The economic dimensions include good risk management, effective regulations to fight corruption and an efficient customer management, according to a Metro Group statement.
The Dow Jones Sustainability Indices include the companies with the best ecological, social and economic performance in their respective industries, which is only about 10 percent of the 2,500 largest corporations.
"The good performance in the Dow Jones Sustainability Index demonstrates once again that our commitment in the field of sustainable management is also recognized by independent capital market experts," said Dr. Eckhard Cordes, CEO of Metro AG. "Sustainability forms an integral part of our corporate strategy as sustainable profitable growth is only possible if we act responsibly with regard to society and the environment. For the continuous development of our sustainability strategy the company assessment in the framework of the Dow Jones Indices has served as an important guideline for us for many years already".
Companies listed in the Dow Jones Sustainability Indices must achieve continuous improvements in the field of sustainability, which is assessed by analysts from the Sustainable Asset Management Group (SAM). The assessment is based on an extensive analysis of the parameters economy, ecology and social responsibility.
In this year’s review, Metro Group came out significantly better than its peers in all three categories, with the strongest improvement reported in the ecologically efficient management and environmental reporting segments. This includes, for example, the transparent publication of the company’s consumption of resources and its carbon emissions in the same way as a positive development of these parameters.
Based in Düsseldorf, Germany, Metro Group operates more than 2,100 stores in 33 countries ranging from grocery and department stores to hypermarkets and cash and carry locations.