For the seventh year in succession, Kesko was selected for the Dow Jones sustainability indexes DJSI World and DJSI STOXX. In the annual review 2009, Kesko gained the subsector's best score for its innovation management, risk management, standards for suppliers, environmental reporting, operational eco-efficiency, and corporate operating principles for preventing corruption and bribery.
In this year's review, innovation management was a new industry specific criterion. This criterion proved difficult for retailing companies and the average score gained by the assessed companies in this particular criterion was the lowest of the whole assessment.
-Innovation development and management, as well as the development of our own branded products are central among our key competences. I'm very happy that Kesko's score for this criterion was the highest in the industry, says Ulla Rehell, Assistant Vice President, Corporate Responsibility at Kesko.
Kesko is the only Nordic retail company selected for these indexes. This year, 317 companies from 27 countries were selected for the global Dow Jones Sustainability Index and 154 companies from 14 countries for the European index. The companies have been categorised into wider Supersectors and smaller industry-specific subsectors, including Food and Drug Retailers, which has five companies in the world index and four in the European index. Kesko is the only Nordic retailing company selected for both indexes.
The assessment was carried out by an independent party, the SAM Group of Switzerland, which assessed companies on the basis of general and industry-specific criteria. As in previous years, the assessment covered all dimensions of corporate responsibility: environmental matters and the economic and social responsibility of the company.