Weyerhaeuser Company (NYSE: WY) today announced that it has been named to the Dow Jones Sustainability World Index, which tracks companies in terms of their economic, environmental and social performance. Weyerhaeuser is one of only eight building materials companies to be included on the World Index.
Weyerhaeuser also continues to be a member of the DJSI North America, as it has every year since its inception in 2005.
The DJSI follows a best-in-class approach and includes sustainability leaders from each industry on a global and regional level. The annual review is based on an assessment of corporate economic, environmental and social performance, covering issues such as corporate governance, risk management, customer relationships, climate change strategy, and labor practices.
“We are honored to receive this recognition for our work to towards achieving our vision of delivering superior sustainable solutions to the world, ” said Dan Fulton, president and chief executive officer. “Our strategy to achieve this vision includes all aspects of sustainability – being the first choice for customers and investors, caring for our employees and communities, and providing renewable resource solutions.”
The Dow Jones Sustainability World Index is composed of the top 10 percent in terms of sustainability of the largest 2,500 companies in the Dow Jones Global Total Stock Market Index.
“Third-party recognition, such as the DJSI, helps affirm that we are effectively managing sustainability risks and opportunities to deliver long-term results to our stakeholders.” Fulton said.
Weyerhaeuser reports annually on our sustainability performance online at http://www.weyerhaeuser.com/sustainability.
Weyerhaeuser Company, one of the world's largest forest products companies, began operations in 1900. We grow and harvest trees, build homes and make a range of forest products essential to everyday lives. We manage our timberland on a sustainable basis in compliance with internationally recognized forestry standards. At the end of 2010, we employed approximately 14,000 employees in 10 countries. We have customers worldwide and generated $6.6 billion in sales in 2010. Our stock trades on the New York Stock exchange under the symbol WY. Additional information about us is available at http://www.weyerhaeuser.com.