Kesko's climate change work receives international recognition
KESKO CORPORATION PRESS RELEASE 22.09.2011 AT 14.30
For the third time, Kesko has been included as a member in the highly valued FTSE4Good index focusing on responsible investment. In the latest comparison, Kesko was given the highest points for its work for curbing climate change.
FTSE4Good is a widely recognised index focusing on responsible investment. The included companies must meet stringent social, environmental and governance criteria, and they are assessed in terms of environmental management, climate change, human & labour rights, supply chain labour standards and corporate governance.
Kesko's overall score in the FTSE4Good index assessment was 92/100. Kesko's work for curbing climate change was given 5 points on a scale 0-5. For supply chain labour standards and corporate governance Kesko received 4 points.
- Kesko was now included in the index for a third time. This is an independent proof of our comprehensive, high-quality and efficient work for sustainable development in a changing environment. Responsibility plays an important role in investors' decision-making. Responsibility is visible in K-stores' everyday operations and increasingly more often, it affects customers' purchasing decisions, says Merja Haverinen, Kesko's Senior Vice President for Corporate Communications and Responsibility.
One of Kesko's responsibility programme objectives is curbing climate change
In accordance with its responsibility programme, Kesko wants its operations to contribute to curbing climate change. Kesko has signed the trading sector energy efficiency agreement and committed to saving 65 GWh by the end of 2016.
Kesko's store site building relies on sustainable development, environmentally friendliness and energy efficiency. K-food stores gain savings by adding lids to chest freezers, using the condensation heat from refrigeration units and fitting advertising signage with LED technology.
Kesko is included in several sustainability indexes
Kesko is also included in the Dow Jones sustainability indexes DJSI World and DJSI Europe. In the SAM Sustainability Yearbook 2011, Kesko's sustainability work qualified in the Silver Class in the Food & Drug Retailers sector as in the previous year.
Kesko has ranked on the Global 100 Most Sustainable Corporations of the World list since 2005. On the list published in 2011, Kesko's ranking was 26th. The US Ethisphere Institute listed Kesko among the World's Most Ethical Companies in March 2011.
Further information:
CR Manager Helena Frilander, Kesko Corporation, tel. +358 1053 23143.
http://www.ftse.com
Kesko (www.kesko.fi) is a retail specialist whose stores offer quality to the daily lives of consumers. Kesko has about 2,000 stores engaged in chain operations in the Nordic and Baltic countries, Russia, and Belarus.
