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Fortum included in Dow Jones sustainability indexes

Posted: 5 September 2003

Dow Jones Indexes, STOXX Limited and SAM Group have announced the results of the annual review for the Dow Jones Sustainability Indexes (DJSI).

Fortum has been selected as a component for both worldwide and pan-European indexes this year. Fortum is the first Nordic company in the Utilities sector.

The assessment results provide detailed information about recent sustainability developments in the corporate world. Across all industries the integration of economic, environmental and social criteria has moved further up the business agenda and is increasingly incorporated into company strategies and core business operations.

"Fortum strives to be a good corporate citizen by making a positive contribution to the societies in which it operates. Its long-term business success depends on its ability to supply innovative energy products and services, leading to a more sustainable use of energy. This index selection shows that we are going in the right direction. We are very glad that our efforts are appreciated," says Fortum´s President and CEO Mikael Lilius.

Effective with the opening of equity markets on September 22, 2003, DJSI World will include over 300 companies from 22 countries that lead their industry in terms of corporate sustainability. The pan-European sustainability benchmark (DJSI STOXX) will include 178 companies from 13 countries.

Full details about the review methodology and index components are freely available at www.sustainability-indexes.com.

Posted by Richard Price, Editor Pipeline Magazine

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