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Weyerhaeuser Named to Dow Jones Sustainability World Index for Second Year
PR Newswire
FEDERAL WAY, Wash.
Sep 18, 2012
PR Newswire
FEDERAL WAY, Wash., Sept. 18, 2012
FEDERAL WAY, Wash., Sept. 18, 2012 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced it is once again included in the Dow Jones Sustainability World Index. The Dow Jones Sustainability Index is widely considered one of the most desirable and credible recognitions for sustainability performance.
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Weyerhaeuser is one of only three forest products companies included in the World Index and one of only two North American companies. Weyerhaeuser also continues to be a member of the Dow Jones North America Index, as it has every year since its inception in 2005.
"We're thrilled the Dow Jones Sustainability Index has once again recognized Weyerhaeuser for our ongoing work to meet important performance, people and planet goals," said Dan Fulton, president and CEO. "In discussions with our shareholders and key global customers, we've identified the Dow Jones Sustainability Index as the most important third-party validation that we receive. It is our objective to perform within the top quartile among our competitors, and in this case, we are honored to be recognized as being among the top 10 percent of sustainability performers in the world."
The Dow Jones Sustainability Index follows a best-in-class approach and includes sustainability leaders from each industry on a global` and regional level. The annual review is based on an assessment of corporate economic, environmental and social performance, covering issues such as corporate governance, risk management, customer relationships, climate change strategy and labor practices.
The Dow Jones Sustainability World Index is composed of the top 10 percent sustainability performers of the largest 2,500 companies in the Dow Jones Global Total Stock Market Index.
Weyerhaeuser reports annually on its sustainability performance online at www.weyerhaeuser.com/sustainability.
Weyerhaeuser Company, one of the world's largest forest products companies, began operations in 1900. We grow and harvest trees, build homes and make a range of forest products essential to everyday lives. We manage our timberland on a sustainable basis in compliance with internationally recognized forestry standards. At the end of 2011, we employed approximately 12,800 employees in 11 countries. We have customers worldwide and generated $6.2 billion in sales from continuing operations in 2011. Our stock trades on the New York Stock exchange under the symbol WY. Learn more at www.weyerhaeuser.com.
For more information contact:
Media – Anthony Chavez, 253-924-7148
Analysts – Kathryn McAuley, 253-924-2058
SOURCE Weyerhaeuser Company