Logitech Named to Dow Jones Sustainability Europe Index
December 21, 2023 | BUSINESS WIREEstimated reading time: 2 minutes
Logitech International announced that it has been included in the Dow Jones Sustainability Index (DJSI) for the fourth consecutive year. The company was listed in the Dow Jones Sustainability Index for Europe, which is a widely recognized standard for evaluating and measuring performance and the capability to continuously improve by advancing Environmental, Social, and Governance (ESG) criteria.
“As we continue to move forward, actively supporting a more sustainable and equitable world through the products and experiences we create, I can’t help but recognize that timelines are shortening for us to tackle the critical challenges facing people and our planet. There is no place to hide,” said Prakash Arunkundrum, chief operating officer at Logitech. “We are once again honored to be included on the prestigious Dow Jones Sustainability Index for Europe. While earning this recognition underscores our longstanding commitment, it is more important than ever to rally across industries and collaborate with others to drive change more quickly.”
The company made advancements in areas such as Cybersecurity, Emissions, Product Stewardship, Climate Strategy, and Talent Attraction and Retention. Its score and advancements in these areas reflect Logitech’s continued focus on performance, accountability, and transparency, which remain its primary focus and motivation.
Logitech’s transformational journey begins and ends with designing a positive future, one that defies the logic of the past and carefully prioritizes solutions that allow for change at scale. The company has prioritized carbon reductions across the entire value chain (Scope 1, 2, and 3) and reduction targets have been externally validated by the Science-Based Targets Initiative (SBTi). Design capabilities that focus on finding innovative materials, technologies, and processes that reduce carbon emissions and elevate circular solutions at scale continue to guide the company’s carbon reduction strategy. Two in three products across the categories use recycled material and over 43 product lines use low-carbon aluminum for lower carbon impact.
In 2020, the company committed to providing detailed carbon impact labeling on its entire product portfolio as a way of holding itself accountable for further carbon reductions. This year, more than 42% of units shipped had a carbon impact study completed.
Logitech also collaborates with suppliers to support their transition to renewable electricity. This recently garnered recognition when the company ranked in the top 8% of companies on the CDP Supplier Engagement Leaderboard in 2023.
Logitech has also retained awards for its sustainability performance: it was rated “AAA”1 by MSCI representing the top 9% in the technology, hardware, and peripherals industry globally, achieved “Prime” status in the ESG assessment carried out by Institutional Shareholder Services (ISS), is ranked in the top 1% of sustainable companies by EcoVadis with their platinum rating, and continues to be a Gender Fair certified company.
Suggested Items
Dow Jones Sustainability Index: Infineon is One of the Most Sustainable Companies Globally
12/30/2024 | InfineonInfineon Technologies AG has been included in the Dow Jones Sustainability™ World Index and in the Dow Jones Sustainability™ Europe Index, as announced by S&P Global. For the 15 th consecutive time the listing honors Infineon's track record in corporate sustainability.
Logitech Named to Dow Jones Sustainability Europe Index for Fifth Consecutive Year
12/31/2024 | BUSINESS WIRELogitech International has been selected for inclusion in the Dow Jones Sustainability Index (DJSI) for Europe for the fifth consecutive year. The company’s ambitious climate action strategy, including its actions to reduce 50% indirect carbon emissions by 2030, drives transparency and accountability at Logitech.
Green Tech Accelerator: Tackling Water Resource Challenges and Unlocking Renewable Energy Opportunities
12/26/2024 | BUSINESS WIREGreen Tech Accelerator collaborates with startups, offering courses, mentorship, and international market strategies to implement and validate carbon reduction solutions. This Taiwanese initiative empowers SMEs to progress toward net-zero emissions.
BIG, Delta Pioneer the First Low-Carbon Nitrogen in Thailand's Electronics Industry
12/23/2024 | Delta ElectronicsBIG, a climate technology company, and Delta Electronics (Thailand) Public Company Limited, a global leader in power management and IoT-based smart green solutions today announced a strategic partnership with BIG to advance the decarbonization of Thailand's electronics industry.
Compal Honored with Sustainability Awards
12/11/2024 | Compal Electronics Inc.The 2024 17th TCSA Taiwan Corporate Sustainability Awards held its joint award ceremony today (11th). Compal was honored with two prestigious awards: the "Taiwan Top 100 Sustainability Model Enterprise Award" and the "Taiwan Sustainability Report – Platinum Award." Mr. Jack Wang, Vice President and Deputy Chief Sustainability Officer, represented the company to accept the honors.