Inclusion in index acknowledges our progress in sustainability

ASSA ABLOY’s inclusion in the index, for the first time, “is an acknowledgement of our focus on sustainability through the programs that we have implemented over the past 10 to 15 years,” says Björn Tibell, Head of Investor Relations, ASSA ABLOY.

“It shows the progress we have made and endorses our most recent commitment to the science-based targets to meet the goals of the Paris Agreement. The key now is that we at least perform in line with our targets.”

Björn Tibell, Head of Investor Relations

The European sustainability leaders are identified by S&P Global through its corporate sustainability assessment (CSA). Charles Robinson, Director and Head of Sustainability at ASSA ABLOY, coordinated the assessment with S&P. “We respond to a number of questions and relay ASSA ABLOY’s performance, which is then assessed by S&P into a score,” Tibell says.

From an investor perspective, inclusion in the index adds credibility to ASSA ABLOY’s sustainability performance, Tibell explains. “Investors are becoming more and more focused on sustainability. They frequently ask us questions in relation to our sustainability work, the challenges and opportunities.”

Companies are assessed and included in the index based on their long-term environmental, social and governance (ESG) performance. The selection criteria evolve each year and companies must continue to make improvements in order to remain on the index.

“Our achievement wasn’t completing the assessment, but the work done in the company to demonstrate improvements in our sustainability and having targets in line with the Paris Agreement,” Tibell says.