Danone is to join the FTSE4Good Index, validating its environmental and human rights commitments, according to a company press release.
“This announcement, following measurement over 100 separate indicators and a FTSE Advisory Committee decision, recognises Danone’s focus on doing business in a sustainable way,” the French food multinational said.
For the inauguration, Danone’s use of resources, carbon footprint and water use were independently examined, as were its labour codes, health and safety standards, and human rights standards.
Danone CEO Emmanuel Faber said, “Inclusion in the FTSE4Good Index is an important acknowledgement: Danone has a long heritage of balancing economic and social commitments, and I am proud that we are continuing to be recognised.
"This builds on our credentials as a responsible business, with Danone already a component stock of other leading social responsibility indexes, including the Dow Jones Sustainability Indexes, Vigeo and the Ethibel Sustainability Index.”
Danone will formally enter the FTSE4Good Index on 20 June.
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Peter Donnelly. To subscribe to ESM: The European Supermarket Magazine, click here.