Brambles among the top three sustainable companies in the world

Dow Jones’ Barrons magazine and Morgan Stanley Capital International (MSCI) have ranked the supply-chain logistics company as world-wide sustainability leader

Sydney, Australia – 26 March, 2019 – Brambles, the leading supply-chain logistics company operating in more than 60 countries primarily through the CHEP brand, has been named the second most sustainable company in the world by Barrons Magazine, following Accenture, the Dublin-based consulting and professional-services corporation.

Barrons, an American weekly newspaper published by Dow Jones & Company, together with Calvert Research and Management, took the 1,000 largest publicly held companies by market value in 24 developed-country markets (excluding the U.S.) and evaluated them using the same scoring process and five stakeholder categories that it uses to rank the U.S. list.

Brambles was recognized by Calvert Research for their sustainable sourcing and their workplace labor performance. According to the research company: “Brambles conducts an employee engagement survey and uses the confidential feedback to improve operations. It also provides online training and one-on-one coaching for employees and has pioneered pallets made from waste”.

Brambles Head of Global Sustainability, Juan Jose Freijo. said: “We are extremely proud to be recognized as a world-wide sustainability leader. The long-term, sustainable value that we create for all of our stakeholders is generated by our global scale and circular business model, which defines not just how we do things but who we are. Our work has always eliminated waste and reduced demand for natural resources throughout the supply chain, so we are pleased to be recognized again.”

MSCI and DJSI

Also, for the fifth consecutive year, Brambles has maintained its industry leading position in MSCI (Morgan Stanley Capital International) ESG ratings [1]. MSCI ESG Research is used by 46 of the top 50 asset managers and over 1,200 investors worldwide and they are recognized as a ‘Gold Standard data provider’. “Brambles continues to lead the industry in overall ESG performance, demonstrating a commitment to sustainability through comprehensive programs addressing all material key issues on which we assess the industry,” stated MSCI in its report.

“Brambles is benchmarked against industry peers in the Commercial Services and Supplies sector and has outperformed all other organisations against the most material ESG risks and the ability to manage these risks relative to industry peers. In 2018, 99.4% of its timber came from certified sources, bringing it closer to its 2020 Goal of 100%, and being named as one of the top six companies in the world for fighting supply chain deforestation by not-for-profit CDP, a UK based organization which aim is to study the implications of climate change for the world's principal publicly traded companies.

Finally, last year Brambles was also ranked in the top two performing companies in the Dow Jones Sustainability Index (DJSI) in the Commercial Services and Supplies industry category. That was the fifth year running that Brambles has been included in the DJSI. Representing the “Gold Standard” for corporate sustainability, the DJSI is the first global index to track leading sustainability-driven companies based on sustainability investment specialist RobecoSAM’s analysis of financially material ESG factors and S&P Dow Jones Indices’ robust index methodology.

 

 

About Brambles Limited (ASX:BXB)

Under the CHEP and IFCO brands Brambles helps move more goods to more people, in more places than any other organisation on earth. Its pallets, crates and containers form the invisible backbone of the global supply chain and the world’s biggest brands trust us to help them transport their goods more efficiently, sustainably and safely. As pioneers of the sharing economy, Brambles created one of the world's most sustainable logistics businesses through the share and reuse of its platforms under a model known as ‘pooling’. Brambles primarily serves the fast-moving consumer goods (e.g. dry food, grocery, and health and personal care), fresh produce, beverage, retail and general manufacturing industries. The Group employs approximately 12,000 people and owns approximately 610 million pallets, crates and containers through a network of more than 850 service centres. Brambles operates in more than 60 countries with its largest operations in North America and Western Europe. For further information, please visit www.brambles.com

About S&P Dow Jones Indices  

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

About MSCI

MSCI is an independent provider of research-driven insights and tools for institutional investors. MSDI ESG Ratings help investors identify environmental, social and governance (ESG) risks and opportunities within their portfolio. Companies are rated on a ‘AAA‘ to ‘CCC’ scale according to their exposure to industry-specific ESG risks and their ability to manage those risks relative to peers. MSCI ESG Research is used by 46 of the top 50 asset managers and over 1,200 investors worldwide, and forms the basis of the company’s 1,000 Equity and Fixed Income Indexes. For more information, visit www.msci.com/esg-indexes.

 

 

[1] MSCI ESG Ratings helps investors identify environmental, social and governance (ESG) risks and opportunities within their portfolio. They research and rate companies on a 'AAA' to 'CCC' scale according to their exposure to industry- specific ESG risks and their ability to manage those risks relative to peers.

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Brambles among the top three sustainable companies in the world | CHEP