LafargeHolcim-owned Ambuja Cement has gained two places to the fifth spot on the Construction Material Dow Jones Sustainability Index (DJSI) 2018.
Ambuja Cement MD and CEO, Ajay Kapur, said, “We are truly honoured by this highest recognition for the second year in a row from the global DJSI ranking, which is regarded as the most respected independent sustainability ranking system. While this accomplishment reaffirms Ambuja Cement as the clear leader in Sustainability, what makes us feel even more proud is the fact that we have outdone ourselves on this front despite challenges; and moved up in the ranking.”
Ambuja Cement surpassed its own 2017 scores while globally competing with 27 leading cement companies. The company received a perfect 100 score in the areas of Tax Strategy, Materiality, Sustainable Construction, Environmental Reporting, Environmental Policy and Management Systems as well as Water-Related Risks.
The DJSI are a family of benchmarks that uses a best-in-class approach to select sustainability leaders from various industry sectors across the world, enabling investors to track the companies’ performance and integrate sustainability considerations into their portfolios. Since the launch of the DJSI World in 1999 several other DJSIs and new index families that rely on the Corporate Sustainability Assessment results have been developed to meet a range of investor needs.
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