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Monday, 15 October 2012

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Dulux owners, AkzoNobel right on top in SAM Index

AkzoNobel - owner of the world famous paint brand Dulux has won the first place and named ‘Super Sector Leader’ in the latest SAM Sustainability Assessment. It is the sixth consecutive year that AkzoNobel has been in the SAM top three.

The influential ranking which is used by Dow Jones to create their Sustainability Index assesses 90 companies in the chemical and coatings industries and ranks the leaders in sustainability based on economic, social and environmental categories.

AkzoNobel, the largest global paints and Coatings Company and a major producer of specialty chemicals - has topped the list and achieved first position in all three categories economic, environmental and social criteria. “The number one ranking in the SAM index is a real achievement for our company,” said André Veneman, AkzoNobel’s Corporate Director of Sustainability and Health, Safety and Environment.

“It demonstrates how we have integrated sustainability practices into our day-to-day processes. It is a reward for the hard work put in by many of our businesses and functions, who have driven further improvements in several departments this year.”

In assessing the companies, nearly 20 unique criteria are reviewed, including customer relationship management, safety, product stewardship, governance, human capital development and talent attraction.

Commenting on achieving first position in all three categories, Director Veneman said, “We have especially succeeded in improving on Operational Eco-Efficiency, Product Safety and Talent Attraction and Retention.

This shows that sustainability is strongly embedded in our strategy. The SAM ranking is also an excellent tool to measure our progress by benchmarking our performance with our peers”.

Describing the achievement, he added that the excellent score is the result of the contribution of 55.000 people being engaged in amongst others improving our product safety and the reduction of waste and energy at all our sites. “It’s great to see that we have made significant improvement on training and talent development programs.”

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