The high-technology engineering group, Sandvik, has once again been included as a member in the prestigious FTSE4Good Index Series, bestowed by the Financial Times Stock Exchange (FTSE). The index measures environmental, social and governance (ESG) performance practices in international companies. The purpose is to provide investors with a tool to identify companies that meet globally recognized corporate sustainability standards.
Olof Faxander, Sandviks President and CEO, has commented, “We have high ambitions in sustainability since we are convinced that this will lead, amongst others, to increased customer satisfaction and thereby increased growth. It will also be beneficial to attract international investors and future employees. Being reconfirmed as a member of FTSE4Good proves that we are successful in the way we work with sustainability matters which, to an increasing level, are becoming an integral part of our business operations and our company culture.