Logitech Named to the Dow Jones Sustainability Index Europe
December 21 2020 - 3:01AM
Business Wire
Recognizes the Company’s strong sustainability
performance
Logitech International (SIX: LOGN) (Nasdaq: LOGI), an
award-winning design company and maker of cloud peripheral
products, today announced that the company has been named for the
first time to the Dow Jones Sustainability Index (DJSI) Europe, in
recognition of its commitment to sustainable business
practices.
“We are honored to be included on the Dow Jones Sustainability
Index Europe,” said Bracken Darrell, President and CEO Logitech.
“Our inclusion reflects our commitment to sustainability, and while
we have made progress, we have only just begun to hit our stride in
designing our products and our organization to protect the earth.
We recognize that our business growth does not come without an
environmental impact and pledge to use our resources and leadership
to make a positive and sustainable impact.”
The DJSI is a widely recognized standard for measuring and
advancing corporate environmental, social, and governance (ESG)
practices across all industries. The European index recognizes
outstanding sustainability performance amongst companies
headquartered in Europe.
“We congratulate Logitech for being included in the DJSI Europe.
A DJSI distinction is a reflection of being a sustainability leader
in your industry. With a record number of companies participating
in the 2020 Corporate Sustainability Assessment and more stringent
rules for inclusion this year, this sets Logitech apart and rewards
its continued commitment to people and planet," stated Manjit Jus,
Global Head of ESG Research and Data, S&P Global.
In the last year, the company announced support of the Paris
Agreement, pledging to reduce its corporate carbon footprint to
support the ambitious goal of limiting global warming to 1.5 °C and
committed to being powered exclusively by renewable electricity by
2030. Logitech committed to carbon transparency, by being the first
consumer electronics company to provide detailed carbon impact
labeling on product packaging across the entire portfolio and
pledged to neutralize the carbon footprint of its entire gaming
product portfolio. Most recently, the company committed to
increasingly incorporate post-consumer recycled plastic (PCR) into
its products at scale in an effort to reduce its carbon impact and
increase circularity of materials. By this time next year, more
than 50% of mice & keyboards in Logitech’s largest product
portfolio will use post consumer recycled plastic, eliminating an
estimated 7,100 tons of virgin plastic and 11,000 tons of carbon
per year. These commitments come after more than a decade of
prioritizing designing for sustainability across its operations and
its products.
To learn more about Logitech’s sustainability efforts, please
visit www.logitech.com/sustainability or download the Logitech 2020
Sustainability report here.
About Logitech
Logitech designs products that have an everyday place in
people's lives, connecting them to the digital experiences they
care about. More than 35 years ago, Logitech started connecting
people through computers, and now it’s a multi-brand company
designing products that bring people together through music,
gaming, video, and computing. Brands of Logitech include Logitech,
Logitech G, ASTRO Gaming, Streamlabs, Ultimate Ears, Jaybird and
Blue Microphones. Founded in 1981, and headquartered in Lausanne,
Switzerland, Logitech International is a Swiss public company
listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global
Select Market (LOGI). Find Logitech at www.logitech.com, the
company blog or @Logitech.
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Ben Lu, CFA Vice President, Investor Relations - USA (510)
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Nicole Kenyon Head of Global Corporate & Employee
Communications - USA (510) 988-8553
Ben Starkie Corporate Communications - Europe +41 (0)
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