Sustainable business practices tied to increased shareholder value
Submitted by: CA Technologies
Posted: Nov 12, 2013 – 09:00 AM EST
NEW YORK, Nov. 12 /CSRwire/ - CA Technologies (NASQAQ: CA) today announced that it has been selected for inclusion in the United Nations Global Compact 100 – a new global stock index that combines corporate sustainability and baseline financial performance. The company also announced that it has once again been named as a component of the Dow Jones Sustainability Indexes (DJSI) World Index and North America Index for the third consecutive year.
“We are pleased that our sustainability policies and activities have been recognized by so many prestigious investor organizations,” said Erica Christensen, vice president, Corporate Social Responsibility, CA Technologies. “Making the connection between responsible business practices and stock-market returns is not always easy to grasp but thanks to organizations like the Dow Jones, FTSE and the United Nations, CA Technologies innovation in this area is highlighted and a return for our commitment can be measured.”
United Nations Global Compact 100
During the past 12 months the “GC 100” shows a total investment return of 26.4 percent, surpassing the general global stock market.
Developed and released by the UN Global Compact in partnership with research firm Sustainalytics, the GC 100 is composed of a representative group of Global Compact companies selected based on their adherence to the Global Compact’s ten principles as well as evidence of executive leadership commitment and consistent baseline profitability.
The GC 100 tracked the stock market performance of these companies during the past three years, comparing the results against a broad market benchmark, the FTSE® All World. The data for total returns is as follows:
Dow Jones Sustainability Indices
Launched in 1999, the DJSI were the first global indices tracking the financial performance of the leading sustainability-driven companies worldwide.
Companies are selected for the DJSI based on a comprehensive assessment of long-term economic, environmental and social criteria that account for general as well as industry-specific sustainability trends. Only firms that lead their industries based on this assessment are included in the indexes. The indexes are created and maintained according to a systematic methodology, allowing investors to appropriately benchmark sustainability-driven funds and derivatives over the long term.
Additionally, CA Technologies has also markedly improved its grade in the recently released Carbon Disclosure Project Report (CDP) with a score of 90/100. The CDP provides an annual update on greenhouse gas emissions data and climate change strategies at global public corporations. CA Technologies is also now participating in the Environmental Protection Agency’s (EPA) Energy Power Partnership program which is a voluntary program that encourages organizations to use green power as a way to reduce the environmental impacts associated with electricity use.
More information on the progress CA Technologies has made in reducing its environmental footprint, providing solutions for customers and partners to monitor and manage corporate sustainability, greening operational processes and efficiencies, and supporting community involvement can be found in the company’s latest sustainability report titled "Future Ready."
Visit here for more information on the UN Global Compact 100 stock index, including the list of constituent companies.
About CA Technologies
CA Technologies (NASDAQ: CA) provides IT management solutions that help customers manage and secure complex IT environments to support agile business services. Organizations leverage CA Technologies software and SaaS solutions to accelerate innovation, transform infrastructure and secure data and identities, from the data center to the cloud. Learn more about CA Technologies at www.ca.com.
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