Dow 30 Component DowDupont Named to FTSE4Good Index Series, A Measure of ESG Practices
The Dow Chemical Company, Dow 30 component, is a part of the DowDupont Holding Company (DWDP), a business that is focused on agriculture, materials science and specialty product sectors that seek to lead their respective industries through productive, science-based innovation to meet the needs of customers and help solve global challenges.
DowDupont was recently named as a part of the FTSE4Good Index Series. Created by the global index provider, FTSE Russell, the FTSE4Good is arranged to measure a companies demonstration in strong environmental, social, and governance (ESG) practices. The index’s indices are used by a range of market participants in creating and evaluating responsible investment funds and other products.
The FTSE4Good indexes are to be used in four main ways:
- Financial Products
DowDupont was honored with the fourth highest ESG rating in the chemical subsector with a score of 4 out of 5. The company performed especially well in the areas of Environment Supply Chain, Social Supply Chain, and Corporate Governance, with a perfect score of 5.0 in each of the previously mentioned areas. In relativity to the industry average, DowDupont also had notable scores in Biodiversity, Water Use, Climate Change, Human Rights, Health & Safety, Risk Management, and Tax Transparency.
Howard Ungerleider, chief financial officer, stated, DowDuPont“We are honored to be listed to the distinguished FTSE4Good Index for our industry-leading sustainability performance. Sustainability has long been fundamental to the strategies and value propositions of both Dow and DuPont. Going forward, we expect that each of the industry-leading companies we intend to create will continue to help advance the well-being of humanity through science, innovation and collaboration.”
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