- The company achieved the highest possible score (100) in the categories of Transparency and Reporting, Innovation, Human Rights and Stakeholder Engagement. It also obtained an outstanding score in ethical business management.
- ISA is also among the top 7% of the most sustainable companies in the global energy utilities industry.
ISA joined the Dow Jones Sustainability World Index for the ninth consecutive year. The company achieved an overall performance of 77/100 points in the ranking, placing it in the top percentile of the industry, which measures a total of 257 companies in the Electric Utilities sector. This demonstrates its high level of commitment and efforts towards the development and progress of the countries in which it operates.
ISA was also included for the seventh consecutive year in the Dow Jones MILA (Latin American Integrated Market) Index, which recognizes the companies with the highest sustainability performance in the Pacific Alliance, which includes companies from Chile, Colombia, Mexico, and Peru. This index includes the top 7% of companies with superior performance in Environmental, Social and Governance (ESG) criteria, among the 800 largest companies in the 20 emerging markets.
ISA achieved the highest possible score (100/100) in the areas of Transparency and Reporting, Innovation, Human Rights and Stakeholder Engagement. The report praised ISA’s social and environmental management, emphasizing its commitment to labor practices, climate strategy, greenhouse gas emissions management and ethical business. In this last aspect, the company’s effort to extend the scope of its Code of Ethics to its stakeholders and, especially, to its supply chain and operations is considered. The report highlights ISA’s performance in areas such as management of corruption and bribery, discrimination, and control of white-collar crime.
“The results achieved in Dow Jones this year demonstrate the coherence between ISA’s strategy and the increased market demands for a more decisive contribution from companies on ESG affairs,” said Juan Emilio Posada Echeverry, ISA’s CEO.
What is the Dow Jones Sustainability Index?
Dow Jones Sustainability Index (DJSI) is a group of stock market indexes created to respond to the growing interest of investors in matters related to the three pillars of sustainability: Environmental, Social, and Governance (ESG).
The score goes from 1 to 100, and the results are grouped according to the company’s sector and segmentation by market capitalization.
What is required to be included in the DJSI?
- Companies must trade above the minimum listing on the New York Stock Exchange.
- A questionnaire of more than 600 questions assessing the company’s performance in terms of sustainability must be filled out.
- The company must be among the top 10% of companies that are innovative and committed to sustainability in each sector.
These are the three most important reasons for a company to participate in the DJSI:
- Participants demonstrate their full commitment to the environment, ethics, transparency, the value chain, human talent, and their consistent and sustained contribution to society, as well as with permanent improvement in their practices over time.
- The DJSI encourages and adds value to its member companies, making them more commercially attractive to new investors, who are increasingly looking for sustainable investments.
- Engaging in a company’s sustainability strategy yields results such as cost reductions, greater operational efficiency, and corporate validity.