Brambles ranked top performer in Dow Jones Sustainability Index

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Brambles ranked top performer in Dow Jones Sustainability Index

Australia-headquartered Brambles (ASX: BXB) has been ranked the top performing company by the Dow Jones Sustainability Index (DJSI) in the global Commercial Services and Supplies industry category for 2017. 

The leading supply-chain logistics company operates in more than 60 countries primarily through the CHEP and IFCO brands. 

Brambles’ solutions and sustainable business model are based on the provision of approximately 590 million reusable pallets, crates and containers for shared use throughout the global supply chain.

The company said DJSI represented the 'gold standard' for corporate sustainability and was the first global index to track leading companies based on RobecoSAM’s analysis of financially material Environmental, Social, and Governance (ESG) factors and S&P Dow Jones Indices’ index methodology. 

The DJSI assessed 2,400 of the largest companies in the S&P Global Broad Market Index to find the most sustainable in each industry.

Brambles was ranked second in its category in 2016. This year, Brambles increased performance in key areas such as customer relationship management, environmental and social reporting, corporate governance and code of conduct.

“We are extremely proud of this recognition. Brambles’ approach to sustainability is core to the long-term value we create for all our stakeholders," Brambles CEO Graham Chipchase said.

"Through the successful combination of our circular, “share and reuse” business model, our global scale and supply-chain expertise, we are able to reduce operating costs and demand for natural resources, both in our own company and across the world’s supply chains.”

Key milestones for Brambles’ sustainability efforts in the 2017 financial year included saving more than 2.5 million metric tons (MT) of CO2, 1.4 million MT of waste and 1.6 million trees through its share and reuse circular business model.

It also obtained 99.1% of its timber from certified sources globally, bringing Brambles closer to its 2020 target of 100%.

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