Osram again among the most sustainable companies
Osram will be included in the internationally renowned Dow Jones Sustainability World Index for the second time in a row. Following a detailed analysis of various sustainability criteria, the lighting company has again achieved a top ranking within the “Electrical Components & Equipment” industry. The analysis was conducted by RobecoSAM, the Swiss investment company that reviews the composition of the index each year on behalf of S&P Dow Jones Indices. "The fact that we are included in this important index again is a demonstration of our commitment in the area of sustainability," said Klaus Patzak, Chief Financial Officer of OSRAM Licht AG.
The Dow Jones Sustainability World Index was established in 1999. Members meet material sustainability criteria in the economic, environmental, and social areas. In the course of the assessment, the world's largest companies by market capitalization are rated with regard to their performance in the field of sustainability. For investors, the index is an important gauge of the development of the most sustainably managed companies in the world.
On September 10, Osram will report on its sustainability activities in fiscal 2014 for the first time in accordance with the so-called G4 guidelines of the Global Reporting Initiative (GRI). The information will be released on the company’s website. These comprehensive guidelines place considerable demands on transparency and the comprehensible selection of the sustainability aspects material to a company. For more information on the Global Reporting Initiative, please visit www.globalreporting.org.
OSRAM of Munich, Germany is one of the two leading light manufacturers in the world. The company's portfolio covers the entire value chain from components – including lamps, electronic control gear and opto semiconductors such as light-emitting diodes (LED) – as well as luminaires, light management systems and lighting solutions. OSRAM has around 34,000 employees worldwide and generated revenue of more than €5.1 billion in fiscal 2014 (ended September 30). The company's business activities have been focusing on light – and hence on quality of life – for over 100 years. The company was listed on the stock exchanges in Frankfurt and Munich on July 8, 2013 (ISIN: DE000LED4000; WKN: LED 400; Trading symbol: OSR).
Additional information can be found at www.osram-group.com
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