BOSTON, December 22, 2022 – Last week, the results of the annual S&P Dow Jones Sustainability Indices assessments (“S&P DJSI”) were announced. For the fourth year in a row, Orbia was listed on the DJSI MILA Pacific Alliance Index, with a year-over-year score increase of 6%.
After first being selected as an index component of the S&P Dow Jones Sustainability Indices in 2019, Orbia has participated in the yearly affiliated S&P Global Corporate Sustainability Assessment. Tied to index inclusion, the assessment includes a review of company ESG goals and results. In 2022, over 11,000 companies were invited to participate in the assessment and received scores ranging from 0-100. Orbia was awarded a score of 68, marking a 6% increase from 2021 and reflecting the company’s progress across economic and governance, environmental and social dimensions.
“We are delighted to be featured for a fourth year and to see an improvement in our overall score,” said Sameer Bharadwaj, CEO of Orbia. “At Orbia, sustainability is about putting our purpose to advance life around the world into action, setting bold goals and being transparent with our progress. Recognition from Standard and Poor’s on the global Dow Jones Sustainability Indices matters to us, our investors, our shareholders, our suppliers and our customers as it demonstrates our long-term viability as a sustainable solutions company,” continued Bharadwaj.
Said Tania Rabasa Kovacs, Vice President of Sustainability and Corporate Affairs at Orbia, “Independent assessment is vital for us to gauge how we are progressing as well as to get feedback on areas for improvement. We have been moving forward with a clear sustainability strategy and ambitious goals for the short, medium and long terms. Sustainability is deeply embedded into our businesses, is a core component of our growth strategy and is ultimately the outcome of our purpose.”
Orbia’s inclusion in the S&P indices is evidence of how its sustainability framework—defined around three key pillars of low-impact and resilient operations, sustainable solutions and impactful ventures—has driven company improvements. In addition, Orbia was awarded the Ecovadis gold rating in 2022, positioning the company among the top 5% of companies assessed for environment, sustainable procurement, labor and human rights and ethics commitments. Orbia has also maintained a spot in the FTSE4Good index since 2015 and the S&P BMV Total Mexico ESG Index since 2012.
For additional details on external recognition, visit:
https://www.orbia.com/sustainability/esg-indices-and-external-recognition/