Leading the industry
British American Tobacco is the tobacco industry leader in the 2017 Dow Jones Sustainability Indices (DJSI) and the only tobacco company to feature in both the Europe index and the prestigious DJSI World index.
Launched in 1999, the Dow Jones Sustainability Indices (DJSI) track the corporate sustainability performance of the world’s largest companies.
David Blitzer, Managing Director and Chairman of the Index Committee, S&P Dow Jones Indices, said: “Many of the events witnessed so far in 2017 make it even more important for corporations around the globe to recognise sustainability, establish policies and manage their businesses in ways that support and increase sustainability of the global environment and the world’s leading businesses.”
Every year, RobecoSAM, a sustainability investment specialist, conducts the assessment, covering financially-material environmental, social and governance factors, using a consistent, rules-based methodology to convert hundreds of data points into one overall score. This score determines companies’ inclusion in the DJSI.
British American Tobacco was the first ever tobacco company to be included in the DJSI and we’ve maintained our inclusion every year for the past 16 years.
In 2017, we were proud to achieve industry leadership and be the only tobacco company to feature in both the Europe index and the prestigious DJSI World index, which comprises the indices’ top performers globally.
Our overall score in 2017 was 84%, 21 percentage points higher than the tobacco industry average of 63%. As well as overall industry leadership, we also achieved top scores in 13 of the DJSI’s 21 categories, including 100% scores in Materiality; Policy Influence; Environmental Reporting; Raw Material Sourcing; and Social Reporting.
We also achieved scores of more than 90% in seven other categories and increased or matched our scores, compared with 2016, in 16 of the 21 categories.
We believe these scores reflect the quality of management across our business and our comprehensive global focus on sustainability issues. Our performance shows that our employees and operations across the Group are consistently meeting the standards required of a sustainable international business.
We have also been awarded a Gold Class distinction for sustainability performance in RobecoSAM's 2018 Sustainability Yearbook, which is determined by scores in the DJSI assessment.
Aris Prepoudis, CEO, RobecoSAM commented: “I congratulate British American Tobacco whole-heartedly for being awarded a Gold Class medal in The Sustainability Yearbook 2018. The companies included in the Yearbook are the world’s most sustainable companies in their industry and are moving the needle in ways that will help us realise the UN’s Sustainable Development Goals by 2030.”