Sandvik named among 100 Most Sustainable Corporations in the World
January 23, 2018
Sweden’s Sandvik AB has been named one of the 100 Most Sustainable Corporations in the World, according to the Global 100 index released in January, 2018. The index is generated by analysing 5,994 publicly listed companies against global industry peers on a suite of seventeen quantitative key performance indicators, including their sustainable offerings, financial performance, human resources management, energy and water use and sustainability leadership.
The Global 100 index is compiled by the media and investment advisory firm, Corporate Knights, and is reported to represent the top 2% of leading companies in sustainability performance. Sandvik, appearing on the list for the first time, ranked sixty-five overall.
Björn Rosengren, President and CEO of Sandvik, commented, “Sustainability is an integrated part of our business. A sustainable approach to business, helping our customers become safer, more efficient and more productive, will contribute to ensuring long-term value creation for our customers, investors and employees.”
“We are very proud to, for the first time, be included in the Global 100 index,” added Christina Båge-Friborg, Head of Sustainable Business at Sandvik. “The indicators measured are well in line with our sustainable business strategy, that evaluates the sustainability performance in our own operations as well as in our offering to customers.”
Sandvik Osprey supplies gas atomised metal powders for Additive Manufacturing to a number of customers in the industry. In May 2017, the company signaled a major expansion to its gas atomised powder production capacity with the commissioning of a new atomising facility in Neath, UK.