Atlas Copco recognized by UN Global Compact index
Stockholm, Sweden, October 27, 2014: Atlas Copco, a leading provider of sustainable productivity solutions, was again included in the annual United Nations Global Compact 100 stock index. The index includes companies that show a strong financial performance combined with a sustainable business.
“Our continued focus on sustainable productivity is paying dividends for society, our shareholders and of course our customers, and it is gratifying that the UN Global Compact index recognizes this,” said Mala Chakraborti, Atlas Copco’s Vice President Corporate Responsibility.
The UN Global Compact is a strategic policy initiative for businesses committed to aligning their strategies and operations with ten universally accepted principles in the areas of human rights, labor, environment and anti-corruption. Atlas Copo has been a member of the UN Global Compact since 2008, and the company’s Business Code of Practice is built on the compact’s ten principles.
The companies on the stock index were selected based on their adherence to these principles, as well as their profitability. This stock index has outperformed the general global stock market, according to the UN Global Compact. Please visit the UN Global Compact 100 stock index for more information.
Earlier this month, Atlas Copco was again included in the FTS4Good stock index, which includes world-leading companies that score well on social, governance and environmental practices. Also this year, the company was included in the prestigious Dow Jones Sustainability index, ranked number seven globally in the Newsweek Green Rankings, and recognized by the annual Global 100 list, presented at the World Economic Forum in Davos, as one of the world’s most sustainable companies.