POSCO has been selected as an industry leader for the eleventh consecutive year in the Dow Jones Sustainability Indices (DJSI) released on September 9. POSCO was also recognized as the best global sustainability leader for the second year in a row in the category of global steel industry. This is the first time a company in the global steel industry has been listed in the DJSI for eleven consecutive years.
The Dow Jones Sustainability Index is the most trusted international sustainability evaluation index in the world. It is developed by the Swiss sustainability evaluation institution, RobecoSAM, and the U.S. financial information provider, the Dow Jones.
POSCO is one of only 42 steel companies included in the DJSI. POSCO received the highest scores in areas including risk management, supplier management, contribution to society and environment and participation of interested parties. POSCO has been included in the DJSI longer than any Korean company.
“We will share the results with the related departments and further improve POSCO Group’s sustainable growth in shared growth, labor and human rights and safety and hygiene, with the expectation to promote social empathy for sustainability among a range of interested parties, including investors,” said a representative from POSCO.
The Dow Jones Sustainability Index selects the top ten percent of companies in each industry among the 2,500 companies total listed in the Indices as leaders of sustainability, based on media polls, corporate monitoring and surveys.
The Dow Jones Sustainability Index is also used by a number of socially responsible investment (SRI) funds and financial services providers. Companies with a high level of sustainable growth can dominate the business climate by fulfilling social and environmental responsibilities while achieving stable growth and sustainable development through risk management in economic, environmental and social areas.