Essity has been recognized as one of the world’s 100 most sustainable companies by Corporate Knights. The recognition was presented in connection with World Economic Forum in Davos, Switzerland.The ranking is based on publicly disclosed data from 2016 based on up to 17 key performance indicators (KPIs) covering environmental, social and governance relative to company peers. A total of 5,994 publicly listed companies with gross revenue of minimum USD 1 billion have been analyzed, encompassing all sectors and industries. The global 100 companies come from 22 countries, where Essity is one of five Swedish companies on the list.
“We are proud to be ranked as one of the world’s 100 most sustainable companies. This is a recognition to Essity’s sustainable business strategy, our ability to deliver on our objectives and the Group’s transparency to stakeholders”, says Magnus Groth, CEO and President of Essity.
The global 100 companies demonstrate the strong linkage between the delivery of superior value for society and the generation of superior financial performance, having outperformed its benchmark (the MSCI All Country World index) by close to a third between 2005 and 2017.
“For Essity, sustainability has always been a business driver. Knowing there is a strong link between sustainability and profitability, we continue to strive for improvement on all levels and never settle”, says Magnus Groth.
Corporate Knights is a business and society magazine with a research division that produces rankings and financial product ratings based on corporate sustainability performance. This is the 14th annual ranking, drawing attention to leading companies’ sustainability work.