SAO PAULO, Nov. 18, 2020 (Press Release) -CMPC was listed as the second most sustainable forestry company in the world, according to the Dow Jones Sustainability Index. The company scored 6 points higher on the prestigious indicator compared to the previous year.
“This tremendous result is the best proof that the path adopted by CMPC a few years ago is the right one. For us, sustainability is not only part of the business, we are convinced that without sustainable performance, there simply is no business”, said the CEO of Empresas CMPC, Francisco Ruiz-Tagle.
Likewise, the Head of Sustainability at CMPC, Nicolás Gordon, stated that “in 2019 we set long-term sustainability goals in the most relevant aspects of a much broader sustainable development agenda that today at CMPC we are implementing at a steady pace. We are honored to have received this recognition, which reaffirms that we are on the right track, demonstrating leadership and resilience, even in years as complex as the current one”.
In addition, for the sixth consecutive year, the company was included in the Dow Jones Sustainability Index Chile, the MILA Pacific Alliance for the fourth consecutive time and in the Emerging Markets index for the second year in a row. In this way, CMPC continues to lead the forestry category in these three items.
This year, this family of stock market indexes brought together 1,386 companies that demonstrate strong leadership in sustainability matters from all sectors. Of these, 36.4% are from Asia; 26.1% from Europe, 25.7% from North America and only 9.8% from Latin America.
These 1,386 companies represent 33% of the global market capitalization.
CMPC scored a total of 71 points, improving six points from the 2019 DJSI result, and rising 17 points in the general ranking to the 92nd percentile of its industry.