Samsung C&T’s commitment to sustainable business practices has been rewarded with its inclusion in the Dow Jones Sustainability Indices (DJSI) World for a fourth year in a row.
Established in 1999, the DJSI were the first international benchmark for sustainability and they remain a global standard for sustainability assessment and investment, measuring Environmental, Social, and Governance (ESG) factors. The indices have continued to evolve over the last two decades, including with this recent methodology update.
Just 323 companies, or 12.7 percent, of the world’s biggest 2,540 firms by market capitalization evaluated globally were listed in the 2020 World Index, which is the DJSI’s main global indicator. Samsung C&T was among 17 Korean companies included on the international index, down slightly from the 19 Korea-based firms that made the cut last year.
Samsung C&T continues to strive to establish itself as a sustainable value-creating company while actively communicating with its shareholders.
In addition to this earlier overview of its efforts, the company announced in October its decision to exit from coal, halting participation in any new coal-related business including investment, construction, and trading, while withdrawing from existing coal projects gradually depending on their contract status.
Samsung C&T’s commitment to sustainability has additionally earned an overall A grade in the ESG evaluation by the Korea Corporate Governance Service (KCGS) for five consecutive years, and the company recently received its best ever results in the 2019 Win-Win Growth Index announced by the Korea Commission for Corporate Partnership (KCCP).