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Sonoco Selected for Third Time to Dow Jones Sustainability World Index

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Sonoco, Hartsville, S.C., USA, has been selected to the Dow Jones Sustainability World Index (DJSI World) for the third consecutive year. DJSI World is comprised of leading global companies in terms of economic performance, environmental stewardship, and social responsibility.

Each year DJSI World invites approximately 2,500 of the world's largest companies from 57 industry sectors to report their sustainability performance. Each company completes a Corporate Sustainability Assessment, which provides an in-depth analysis of economic, environmental, and social criteria, such as corporate governance, water-related risks, and stakeholder relations, with a special focus on industry-specific risks and opportunities. This year's DJSI World Index includes 41 new companies, while 23 firms will be deleted, resulting in a total of 342 index components. All changes will become effective with the opening of equity markets on September 19.

In being selected to the DJSI World Index for 2011/2012, Harris E. DeLoach Jr., Sonoco's chairman and CEO, noted that Sonoco's overall score was 38% higher than its comparative industry group's average score. "For the fourth consecutive year, we improved our overall score, which reinforces the progress we're making in our global operations. In addition, the company received top scores in our industry sector for advancements in customer relationship management, risk and crisis management, climate strategy, environmental policy/management system, operational eco-efficiency, product stewardship, human capital development, labor practice, and corporate citizenship and philanthropy."

 

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