BMW Group most sustainable DAX company. Number one in 2011 Sustainalytics sustainability rating.
Munich. The BMW Group once again tops the list of DAX 30® companies. This was the finding of a cross-sector survey conducted by Sustainalytics, the international rating agency for sustainability. The BMW Group earned 83 out of a maximum 100 points – confirming its first-place status from 2009 and improving its overall score by almost nine points.
Arne Philipp Klug, sustainability analyst at Sustainalytics, explains: “The reasons include the company’s strong employee programmes and a supply chain management system geared towards sustainability. The BMW Group also made further substantial reductions in the CO2 emissions of its new vehicle fleet.”
Dr. Rainer Feurer, head of Corporate Strategy and Planning at the BMW Group, was delighted with the result: “Our performance in the Sustainalytics sustainability rating proves that our commitment to sustainability is headed in the right direction – along our entire value chain. Sustainability plays a crucial role for us and is firmly established as part of our long-term corporate strategy.”
The BMW Group also won a number of major awards for its commitment to sustainability last year. For instance, the company was named the most sustainable automobile manufacturer in the Dow Jones Sustainability Index for the seventh consecutive year. For the last ten years, the BMW Group has been listed in the FTSE4Good, one of the most important indexes of sustainable companies. In 2011, the BMW Group also took first place among all automobile manufacturers in the CDP Global 500 Ranking.
The Sustainalytics study is conducted every two years and is considered one of the most extensive studies of its kind. The evaluation considers three areas: environment, social responsibility and management. Around 80 criteria are evaluated at each company: from social standards in the supplier chain to environmental aspects of production. The criteria are weighted according to industry-specific factors.