Ferguson plc, the world's leading specialist distributor of plumbing and heating products, is pleased to announce that it has been included in the Dow Jones Sustainability Europe Index.
In 2019 Ferguson achieved a perfect score of 100 in the DJSI’s environmental reporting category, reflecting the company’s commitment to meet its ambitious sustainability goals and to continually improve the transparency of its reporting. Ferguson also achieved a 35% improvement year-on-year in its total score.
Sustainability has been an important factor in Ferguson’s success. The company is focused on ensuring its employees are engaged and motivated to deliver great levels of customer service – a key driver of faster profitable growth – and bring new, innovative products to market to meet its customers’ needs, while at the same time running the business’ operations in the most efficient way and giving back to the communities in which the company operates.
Launched in 1999, the Dow jones Sustainability Index (DJSI) is the longest-running global sustainability index worldwide and tracks the sustainability performance of the world’s largest companies. It has become an important reference point in sustainability investing for investors and companies alike.
Every year, RobecoSAM, a sustainability investment specialist, conducts the DJSI assessment, covering financially material environmental, social and governance factors that are relevant to companies’ success, but are often under-researched in conventional financial analysis.
John Martin, Group Chief Executive, Ferguson plc, said:
“We’re very proud to be included in this prestigious index and it reflects the company’s ongoing commitment to advance its sustainability practices each year. We have much to do to get to where we want to be, but it is pleasing to see that the efforts of our employees are being acknowledged.”
Manjit Jus, Head of ESG Ratings, RobecoSAM, said:
“We congratulate Ferguson plc for being included in the DJSI Europe. The SAM Corporate Sustainability Assessment has again raised the bar in identifying those companies best-positioned to address future sustainability challenges and opportunities. This year – which marks the 20th anniversary of the DJSI – record corporate interest in the SAM CSA reflects the enduring relevance of the DJSI for measuring and advancing ESG practices."
For further information, please contact:
Mark Fearon, Director of Communications and IR
+44 (0) 7711 875070
Mike Ward, Head of Corporate Communications:
Mobile: +44 (0) 7894 417060
Nina Coad / David Litterick (Brunswick)
+44 (0) 20 7404 5959
Notes to editors:
Ferguson plc is the world's largest specialist trade distributor of plumbing and heating products to professional contractors principally operating in North America. Revenue for the year ended 31 July 2018 was $20.8 billion and ongoing trading profit was $1.5 billion. Ferguson plc is listed on the London Stock Exchange (LSE: FERG) and is in the FTSE 100 index of listed companies. For more information, please visit www.fergusonplc.com or follow us on Twitter https://twitter.com/Ferguson_plc.