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BMW Group Press Release 8 Sept 2011
Munich. The BMW Group has once again been named the automotive industry's sector leader in the ranking published today by the SAM Group for the Dow Jones Sustainability Indexes (DJSI). The BMW Group has therefore been the world's most sustainable automobile manufacturer for seven consecutive years. The BMW Group is also the only company in the automotive industry to be listed in this family of indexes every year since it was established in 1999.
"The success of the BMW Group is built on a long-term approach and responsible action. We are pleased to be recognised by the renowned Dow Jones Sustainability Indexes," said Dr. Norbert Reithofer, Chairman of the Board of Management of BMW AG. "Being ranked sector leader for the last seven years underscores our corporate strategy and approach. I would like to thank all of our company's 95,000 employees whose day-to-day work makes this progress possible," added Reithofer.
Sustainability is an integral part of the BMW Group's corporate strategy. The company appointed an environmental officer back in 1973 – the automotive industry's first. Since then, the company has systematically refined its concept of sustainability. In 2009, corporate sustainability was firmly established as a corporate target at Group level. Today, the Sustainability Board, comprising all members of the Board of Management, defines the strategic alignment through binding internal targets, and the Executive Sustainability Committee paves the way for implementation in the relevant divisions.
Further information on the BMW Group's sustainability activities is available at: www.bmwgroup.com/responsibility.
The SAM Group analyses the economic, environmental and social performance of approximately 2,500 companies and selects the best in each industry for the Dow Jones Sustainability Indexes. General sustainability criteria are considered as well as industry-specific challenges such as climate change. The Dow Jones Sustainability Index was the first global sustainability index to be created, in 1999, and has since been published each year by the SAM Group, based in Zurich, in cooperation with Dow Jones Indexes and STOXX Limited. More information is available at www.sustainability-indexes.com.
[Source:BMW Group]