- For the eighth consecutive year, the Company remains in the index,as it reached an overall score of 84/100.
- ISA is also in the top 12% of the most sustainable companies in the global energy utilities industry.
- ISA reached the highest possible score in eight categories.
ISA outperformed the previous year, reaching an overall score of 84/100, which places it in the top percentile of the industry among 250 companies in the electric utilities sector. This demonstrates the Company’s high level of commitment and efforts towards the development and progress of the countries in which it operates.
The Company is included in the Dow Jones Sustainability Emerging Markets Index for sustainability leaders in emerging markets. This index represents the top 10% of companies with superior performance regarding ESG criteria among the 800 largest companies in the 20 emerging markets.
ISA reached the highest possible score (100/100) in Innovation, Environmental Reporting, Social Reporting, Human Rights, Materiality, Human Capital Development, Stakeholder Engagement, and Impact Measurement. The report highlighted ISA’s social management, especially its commitment to human rights, due diligence, collective construction of the territories, and the management and development of its human talent.
“This year’ s Dow Jones results demonstrate the consistency between ISA’s strategy and the increased market demands for a stronger contribution from companies with respect to ESG. Being one of the five companies with the best social performance in the world ratifies our purpose of creating connections that inspire and demonstrates our vocation for the development of the territories where we are present,” said Juan Emilio Posada Echeverry, ISA’s CEO.
ISA was also included for the sixth 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, including companies from Chile, Colombia, Mexico, and Peru.
What is the Dow Jones Sustainability Index?
The 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 dimensions of sustainability: Environmental, Social, and Governance (ESG).
The score goes from 1 to 100, and results are broken down 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 150 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.
