13 September 2018
Inditex, the most sustainable retailer according to the Dow Jones Sustainability Index
For the third year in a row, the Dow Jones Sustainability Index has singled out Inditex as the retailer with the best practices along the environmental, social and economic dimensions
The report, underpinned by reinforced methodology this year, flags Inditex's leadership in Environmental Management Policy and Contribution to Society and Philanthropy
The company keeps avant-garde in Supply Chain Management, Human Rights, Strategy for Emerging Markets, Operational Eco-efficiency and Tax Policy, among others
Inditex scored 45 points above the sector average
Inditex has been ranked the most sustainable company in the global retailing industry by the Dow Jones Sustainability Index (DJSI) for the third year in a row. The company scored a total of 68 points out of 100, putting it 45 points above the sector average.
This ranking, which is compiled by S&P Dow Jones Indices using the methodology developed by sustainability investing specialist RobecoSAM, highlights Inditex's leadership in sustainable development and defines the company as a global benchmark in the field. RobecoSAM's corporate assessment method was overhauled this year, reinforcing the focus on continuous monitoring of the sustainability principles the participating companies report to the market.
Specifically, the report defines Inditex in a leadership role on account of its decisive commitment to respecting and championing human rights all along its value chain, its operational eco-efficiency and its environmental reporting transparency.
The company obtained some of the highest scores in its sector in the following categories: Supply Chain Management, Strategy for Emerging Markets, Contribution to Society and Philanthropy and Human Rights, among others.
Inditex has been a member of the DJSI since 2001, consistently being placed at the top end of the retailing category. This year, the index, which dates back to 1999, invited 3,500 companies from 60 different sectors to participate, ranking them along economic, social and environmental criteria.
The DJSI is widely considered to be the global gold standard for sustainability investing; each year it tracks the leading sustainability-driven stocks based on analysis of environmental, social and governance (ESG) factors. The components of this index stand out for their leadership in their respective sectors along the economic, social and environmental dimensions. Within each of these three dimensions, the contenders are assessed across a host of parameters, from corporate governance to supply chain management, customer service systems, environmental policies and even the transparency of their sustainability reporting efforts.