Interpublic Named to the Dow Jones Sustainability Index North America for Second Consecutive Year
November 17 2021 - 12:56PM
Interpublic Group (NYSE: IPG) announced today that the company has
been named to the Dow Jones Sustainability Index (DJSI) North
America for the second year in a row, in recognition of its
commitment to sustainable business practices.
The Index is a widely recognized standard for measuring
corporate environmental, social and governance (ESG) progress
across industries, providing information to investors and other
stakeholders that is critical in understanding a company’s
long-term value. The index recognizes the top 20% of sustainability
performers among the 600 largest U.S. and Canadian
companies in the S&P Global Broad Market Index. IPG is the only
company from the advertising and marketing sector named to the
prestigious list.
“We understand that environmental, social and governance
concerns are key drivers of success, for us and for all of our
stakeholders,” noted Philippe Krakowsky, Chief Executive Officer,
IPG. “As a company that helps amplify and create cultural norms
through the ideas and content we produce, we understand the
responsibility to further increase our positive impact in society.
We will therefore continue to work with our clients, employees,
shareholders and business partners to ensure that we are doing all
that we can to operate sustainably, support the health of the
communities in which we do business, and promote the responsible
use of data and digital media. We are focused on mitigating our
impacts when it comes to the environment, and we know there remains
much work to be done in this area. We’re proud of this recognition
of our progress on these key ESG priorities, and remain committed
over the long-term to advancing gender and racial equity,
addressing climate change, and expanding economic opportunity,” he
continued.
ESG Performance TargetsIPG has made progress on
its integrated ESG efforts this year. Earlier in 2021, the company
committed to an action plan that consists of three climate
goals:
- Setting an emissions reduction target through
the Science Based Target initiative
- Sourcing 100% renewable electricity by
2030
- Reaching net zero emissions by 2040
Other IPG initiatives include:
- Publishing our first SASB report, becoming the first company in
the advertising and marketing sector to publish in alignment with
SASB’s industry standards.
- Creating the company’s first-ever board diversity policy and
maintaining the diversity of our board; four of the Board’s (40
percent) current members are women and one member of the Board is
African American.
- Creating the company’s first-ever human rights policy and
revised travel policies that include a focus on
sustainability.
More information on IPG’s values and progress can be found
here.
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About InterpublicInterpublic (NYSE: IPG) (www.interpublic.com)
is a values-based, data-fueled, and creatively-driven provider of
marketing solutions. Home to some of the world’s best-known and
most innovative communications specialists, IPG global brands
include: Acxiom, Craft, FCB, FutureBrand, Golin, Huge, Initiative,
Jack Morton, Kinesso, MAGNA, Matterkind, McCann, Mediahub,
Momentum, MRM, MullenLowe Group, Octagon, R/GA, UM, Weber Shandwick
and more. IPG is an S&P 500 company with net revenue of $8.06
billion in 2020.
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Contact InformationJemma Gould (Press) (212) 704-1327
Jerry Leshne (Analysts, Investors) (212) 704-1439
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