Logitech Recognized Second Consecutive Year for Leadership on Dow Jones Sustainability Europe Index
December 16 2021 - 3:01AM
Business Wire
Ranked #12 worldwide in the computer
peripherals and office electronics industry for ESG rating
Logitech International (SIX: LOGN) (Nasdaq: LOGI) announced
today that it achieved a 75th percentile ranking in the computer
peripherals and office electronic industry worldwide, retaining its
status as a member of the Dow Jones Sustainability Europe Index
(DJSI), a widely recognized standard for measuring and advancing
Environmental, Social, and Governance (ESG) criteria, for the
second consecutive year.
“This has been another year of outstanding progress at Logitech
delivered by people throughout the company,” said Bracken Darrell,
Logitech president and chief executive officer. “We have just begun
to hit our stride publicly on sustainability and we will continue
to ramp up our work going forward because so much is at stake. We
have a lot of work to do, but I love our momentum and the passion
our people have for sustainability.”
Logitech’s performance resulted in a 36% overall improvement on
the Corporate Sustainability Assessment (CSA), with the company
scoring 60 out of 100 this year (Score date: Nov. 12, 2021),
compared to 44 out of 100 last year. The company made advancements
in areas such as Risk & Crisis Management, Cybersecurity &
Privacy Protection, Materiality, Environmental Reporting, and
Social Reporting. Expanded reporting of Social Impact led to an
uplift in scores for multiple topics including Supply Chain
Management, Human Capital Development, Corporate Citizenship and
Philanthropy, and Labor Practice Indicators. The actual improvement
reflected in these scores translates into real and tangible
benefits to people and our environment, which continues to be
Logitech’s primary focus and motivation.
"We congratulate Logitech for being included in the Dow Jones
Sustainability Index (DJSI) for Europe. A DJSI distinction is a
reflection of being a sustainability leader in your industry. The
record number of companies participating in the 2021 S&P Global
Corporate Sustainability Assessment is testament to the growing
movement for ESG disclosure and transparency," stated Manjit Jus,
Global Head of ESG Research, S&P Global.
Logitech has the ambition to positively impact sustainability in
the consumer electronics industry and is proactively taking an
innovative approach to environmental and social sustainability. The
company recently committed to adopting a climate positive approach,
addressing its carbon footprint across the entire value chain
(Scope 1, 2, and 3) to achieve carbon neutrality this year, setting
the company on a path to climate positive beyond 2030 in order to
capture more carbon than we create. Logitech is also the first
consumer electronics company to commit to providing detailed carbon
impact labeling on product packaging across the entire
portfolio.
This year, Logitech officially became a signatory to the United
Nations Global Compact (UNGC), accelerating action towards the
goals of the Paris Agreement, ranked top 5 in Fast Company’s Most
Innovative Companies 2021 for corporate social responsibility, and
was recently listed as Forbes’ 2021 World’s Top Female Friendly
Companies. Learn more about all of Logitech’s sustainability
initiatives in the 2021 Sustainability report or on the
website.
About Logitech
Logitech helps all people pursue their passions by designing
experiences so everyone can create, achieve, and enjoy more.
Logitech designs and creates products that bring people together
through computing, gaming, video, streaming and creating, and
music. Brands of Logitech include Logitech, Logitech G, ASTRO
Gaming, Streamlabs, Blue Microphones, Ultimate Ears and Jaybird.
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.
(LOGIIR)
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version on businesswire.com: https://www.businesswire.com/news/home/20211216005168/en/
Nicole Kenyon, Head of Global Corporate & Employee
Communications - USA (510) 988-8553 Marie Perriard, Head of
Sustainability Communications - USA mperriard@logitech.com Ben
Starkie, Corporate Communications - Europe +41 (0) 79-292-3499
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