Whirlpool heads Dow Jones SWI 2006 list in household category
19 Dec '05
2 min read
Michigan based home appliances maker Whirlpool Corporation announced it has been named to the 2006 Dow Jones Sustainability World Index (DJSI), an international stock portfolio that evaluates corporate performance using economic, environmental, and social criteria. Whirlpool led the durable household goods category of the DJSI.
Only the top 10 percent of the 2,500 largest companies are selected as components of the DJSI World Index based on their sustainability performance. This year's DJSI includes more than 300 companies representing nearly 25 countries. Sixty-seven other U.S. corporations including Abbott Laboratories, McDonald's and Whole Foods join Whirlpool on the list.
Whirlpool received high marks in such categories as customer relationship management, risk and crisis management, brand management, codes of conduct, talent attraction and development, and corporate citizenship/philanthropy.
The DJSI provides asset managers with reliable and objective benchmarks to manage their sustainability-focused portfolios. Its results will influence the investment decisions of asset managers in 14 countries for a variety of sustainability-driven portfolios -- including mutual funds, segregated accounts, structured products, as well as an exchange traded fund that is listed on Euronext.
Companies are selected for the DJSI based on a thorough assessment of general and industry-specific sustainability criteria including corporate governance, environmental performance, labor practices, and community development. The analyses are verified by an external auditor.
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