Wesfarmers ranks highly in Dow Jones Sustainability Index

ColesRetail landlord, Mirvac, and Australian conglormerate, Wesfarmers, have scored highly in this year’s Dow Jones Sustainability Index (DJSI).

Wesfarmers scored 78 out of 100, the only Australian food and staples retailer in the index and two points off the global leader, Metro AG of Germany.

Wesfarmers was ranked among the top five companies in the world in the food and staples retailing sector which form part of the DJSI World Index. It also took out the single place that is available in the DJSI Australia index for a food and staples retailer.

The result reflects particularly on Coles because a significant amount of the assessment directly related to that business, the retailer stated.

Richard Goyder, Wesfarmers managing director, said the outcome was recognition for the effort being made to continuously improve sustainability measures and reporting.

“Sustainability is core to the way we operate at the group,” Goyder said. “We can only create value for all our stakeholders if we operate in a sustainable way in the communities and environments in which we work.”

Mirvac has been named the world’s most sustainable real estate company, according to the DJSI assessment.

Launched in 1999, the DJSI is a respected benchmark for corporate sustainability. It is the first global index to track the leading sustainability-driven companies based on analysis of financially relevant environmental, social, and governance factors. Each year over 3,400 publicly listed companies are invited to take part in the assessment.

Mirvac’s overall score of 83 per cent was nine points higher than Australia’s real estate average and ten points higher than the global real estate average.

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