Air France-KLM leads DJ Sustainability Index and LATAM becomes first airline group in the Americas to join
For the tenth consecutive year, Air France-KLM has been ranked a sector leader in the latest Dow Jones Sustainability Index, which analyses the economic, environmental and social performance of major companies worldwide. The airline group was listed as a leader in the Airlines category and was also industry group leader in the broader Transport category, which covers all modes of transportation. LATAM Airlines Group, which comprises LAN Airlines and TAM Airlines, becomes the first in the Airline category from the Americas to join the index. In the Aerospace and Defence sector, aircraft manufacturer Embraer has been listed for the fifth year in a row. The airline group said it was concentrating on four main sustainability issues: reducing its environmental impact, integrating sustainable development into its products and services, promoting a responsible human resources policy and contributing to the development of the territories where the group operates.
Commenting on LATAM’s entry into the index, the group’s CEO, Enrique Cueto, said: “It is the result of years of work, and it demonstrates that we are making progress on the right path to where we want to go, which is to be among the three best airlines in the world.”
Brazilian aircraft manufacturer Embraer appeared in DJSI analysis back in 2009 as a ‘sector mover’ and the following year was listed in the index and rated Gold Class for the best performance in its sector. It became sector leader in the Aerospace & Defence category in 2011 and since then has been listed in DJSI World, and for the second year in a row joins the DJSI Emerging Markets Index.
Launched in 1999, the DJSI World is the first global index to track the financial performance of the leading sustainability-driven companies worldwide based on an analysis of financially material economic, environmental and social factors. Over 2,500 leading companies around the world are invited to join the index and this year 319 companies were selected.