For the first time, Sandvik announced that they have been included in the 2018 Global 100 Most Sustainable Corporations in the World. The index, which was released during the World Economic Forum in Davos, ranked Sandvik 65th overall.
“Sustainability is an integrated part of our business. A sustainable approach to business, helping our customers become safer, more efficient, and more productive will contribute to ensuring long-term value creation for our customers, investors and employees,” says Björn Rosengren, president and CEO, Sandvik.
To determine the ranking, 5,994 publicly listed companies were analyzed against global industry peers on a suite of 17 quantitative key performance indicators ranging from sustainable offerings, financial performance, human resources management, energy and water use, and sustainability leadership.
“We are very proud to, for the first time, be included in the Global 100 index. The indicators measured are well in line with our sustainable business strategy, which evaluates the sustainability performance in our own operations as well as in our offering to customers,” says Christina Båge-Friborg, head of Sustainable Business, Sandvik.
Sandvik is also included in the Dow Jones Sustainability Index, FTSE4Good and the Ethibel Sustainability Indexes.
Sandvik is a high-tech and global engineering group offering advanced products and services that enhance customer productivity, profitability and safety. The group specializes in tools for the mining and construction industries, among other things. In 2014 the Group had about 47,000 employees and representation in approximately 130 countries. To learn more, go to www.sandvik.com.