Brambles Named Industry Category Leader in 2017 Dow Jones Sustainability World Index
SYDNEY, AUSTRALIA – The world of sustainability has a new leader in its midst. After basing solutions and sustainable business models on the provision of approximately 590 million reusable pallets, crates, and containers for shared use throughout the global supply chain, Brambles, the supply-chain logistics company operating in more than 60 countries, was ranked as the top performing company in the global Commercial Services and Supplies industry category for 2017 by the Dow Jones Sustainability Index (DJSI).
“We are extremely proud of this recognition,” said Graham Chipchase, CEO, in a press release. “Brambles’ approach to sustainability is core to the long-term value we create for all our stakeholders. Through the successful combination of our circular, ‘share and reuse’ business model, our global scale and supply-chain expertise, we are able to reduce operating costs and demand for natural resources, both in our own company and across the world’s supply chains.”
Representing the ‘gold standard’ for corporate sustainability, the DJSI is the first global index to track leading sustainability-driven companies based on RobecoSAM’s analysis of financial material Environmental, Social, and Governance (ESG) factors and S&P Dow Jones Indices’ robust index methodology. The DJSI assessed 2,400 of the largest companies in the S&P Global Broad Market Index to find the most sustainable in each industry. Brambles was ranked second in its category in 2016. In 2017, Brambles increased performance in key areas such as Customer Relationship Management, Environmental and Social Reporting, Corporate Governance and Code of Conduct.
Key milestones for Brambles’ sustainability efforts in the 2017 financial year included:
- Saving more than 2.5 million tons of CO2, 1.4 million tons of waste, and 1.6 million trees through its share, and reusing a circular business model
- Obtaining 99.1% of its timber from certified sources globally, bringing Brambles closer to its 2020 target of 100%
- Using Brambles’ human capital and supply-chain expertise to benefit more than 100 food banks worldwide
- Continuing to have a significant impact in global supply chains through collaboration projects with more than 200 customers
- Helping those customers reduce costs and deliver on their own sustainability commitments
RobecoSAM’s annual Corporate Sustainability Assessment (CSA) measured the eligible companies based on a consistent, rules-based methodology to convert an average of 600 data points per company into one overall score.
“Being a pioneer and thought leader in Sustainability Investing for over 20 years, we understand the right questions to ask in our CSA in terms of financially material sustainability aspects within the corporate world,” said Manjit Jus, Head of Sustainability Application & Operations at RobecoSAM. “This is what firms appreciate about the CSA. It brings them a big step ahead in terms of Corporate Sustainability and with this–a big step ahead of their competitors–getting a coveted spot in the Dow Jones Sustainability Index makes sure they continue to play in the premier league of companies.”
Brambles’ approach to sustainability has helped to establish the company as a supply-chain sustainability leader, recognized not only by customers, employees, and investors, but also by the principal global sustainability and corporate social responsibility frameworks, such as the United Nations Global Compact.