Grupo Nutresa, in the top 5% of food products industry according to the S&P Global Sustainable1 Yearbook7 February, 2023
- Grupo Nutresa ranked within the top 5% in the food products industry. The assessment included more than 7.800 companies from 61 different industries.
- Being part of this Yearbook since 2011 sheds light on the effective sustainable practices developed jointly with the multiple stakeholders to create value in the long term.
Medellin, February 7, 2023. After being confirmed and honored in December 2022 as the most sustainable food company in the Dow Jones Sustainability World Index (DJSI), Grupo Nutresa was once again included in the S&P Global Sustainable1 Yearbook, ranking in the top 5% score of the publication’s Corporate Sustainability Assessment (CSA).
The S&P Global Sustainable1 Yearbook comprises 7.800 assessments conducted within the framework of the Corporate Sustainability Assessment.
The remarkable performance in this assessment is the outcome of the resilience, leadership and conscientious work of Grupo Nutresa’s entire team, which shares the same purpose: Building a better world where development is for everyone. The following practices were highlighted in the assessment process:
In the social dimension: the work focused on health and nutrition, the development of the human capital and the Company’s social reporting.
In the environmental dimension: outstanding practices related to packaging, impact valuation and environmental reporting.
In the economic dimension: the Organization obtained the top results in terms of innovation management, risk and crisis management, and tax strategy.
Carlos Ignacio Gallego, Grupo Nutresa’s CEO, made the following remarks on the subject: “Sustainability is a capability that enables us to consistently create value for society in the long term, further guiding us in the search for progress and well-being for both people and our planet. To be included in this Yearbook, and in the select group of the most sustainable companies from the food industry, reflects the valuable work carried out by our entire team with the collaboration of each one of our stakeholders, as well as the execution of sustainable practices that allow us to build a better world where development is for everyone”.
Notes to the editor
About Grupo Nutresa
Grupo Nutresa S. A. (NUTRESA: BVC) is the leading processed food company in Colombia (53,7% market share) and one of the most relevant players in the sector in Latin America, with consolidated sales of COP 12,7 trillion in 8 business units: cold cuts, biscuits, chocolates, coffee, Tresmontes Lucchetti (TMLUC), retail food, ice cream, pasta, and others*.
Grupo Nutresa is a diversified organization in terms of geography, products and supplies, with a direct presence in 17 countries and international sales amounting to USD 1,32 billion in more than 82 countries. Grupo Nutresa was included for the thirteenth consecutive year in the Dow Jones Sustainability Indices (DJSI) 2022, and is the most sustainable food company in the world according to the Indices. As a result, the Organization is part of the top 5% food companies in the S&P Global Sustainable1 Yearbook.
* As of December.31st, 2021 Integrated Report 2021: https://2021report.gruponutresa.com/
About S&P Global’s Corporate Sustainability Assessment
The CSA (S&P Global’s Corporate Sustainability Assessment) is a yearly evaluation of corporate sustainability practices. It covers more than 10,000 companies from around the world and is based on a survey with more than 150 questions about economic, environmental and social topics, focusing on the specific criteria of each industry with a relevant impact on the companies’ capability to generate value in the long term. The Assessment is updated and adapted on a regular basis in order to capture the sustainability trends within each industry. The Dow Jones Sustainability Indices stem from the CSA.
About the Dow Jones Sustainability Indices – DJSI
The Dow Jones Sustainability Indices – DJSI are a family of the top rankings for investors who have recognized that sustainable practices are essential in order to generate value for the shareholders in the long term, and who want to reflect their sustainability convictions on their investment portfolios. The index family was launched in 1999 as the global sustainability benchmark and tracks the performance of the stock issued by the leading companies around the world in terms of economic, environmental and social criteria.